The fourth quarter is in full swing and will be over before you know it! This time of the year usually has people thinking about wrapping presents. However, for business owners, it’s prime for wrapping up any tasks you need to finish and preparing for the coming year.
Read More »As technology continues to grow and evolve, more and more of our lives are online. This trend also extends to our jobs, especially when it comes to searching for and applying for work. Unfortunately, this shift can lead to eager employment seekers becoming unknowingly targeted by scams.
Read More »Insurance can be a tricky subject for many. It covers the “ifs” in life - What if my home is damaged? What if I’m in a car accident? What if my child gets sick? Because these scenarios have yet to happen, it can make people focus more on upfront insurance costs than the benefits available.
Read More »Welcoming a new addition to your family is a time of joy and excitement! It can also feel a bit overwhelming as you run through the list of things you must do to prepare. Aside from setting up the nursery and buying clothes, supplies, and car seats, there are also financial steps you should take to ensure a smooth transition.
Read More »Imagine logging into your account to make your monthly credit card bill, and you come face-to-face with a slew of charges you did not make or authorize. Unfortunately, fraud happens. Despite top-of-the-line security on your accounts and the best identity practices, criminals still find a way.
Read More »Much of your twenties is spent figuring out who you are and where you’re going in life. As you progress into your thirties, more pieces of that puzzle begin to fall into place. Perhaps you’re planning to get married or start a family. Maybe specific career goals are on your mind. Regardless, it’s often a period of significant personal growth.
Read More »Gift cards are fun to receive and even better to give to others. Need to grab a last-minute gift? Don’t know what to give the person who has everything? Or buying for a teen that prefers to do their own shopping? No matter your circumstance, there’s a gift card for that!
Read More »This summer, many parents watched their child graduate high school - such a bittersweet moment! You’re filled with pride as you reminisce about all they have achieved and overcome to reach this point. Yet, you know they are about to embark on the next chapter of their life. For many, that’s heading off to college this month.
Read More »It’s no secret that the economy has seen better days. Inflation has cooled off slightly, but it is still at record highs as salaries continue lagging behind. Interest rates on large loans are also steep enough to drive many would-be borrowers away, while home and auto prices soar.
Read More »It’s an awesome deal, but there’s just one catch: You need to pay a fee in advance. Before you go ahead and do so, though, take a step back and look at the transaction from every possible angle. An advance payment scam may have captivated you in its allure.
Read More »Back-to-school season is here, and this year, the second-biggest shopping season of the year will be more expensive than ever. With inflation still at all-time highs, the supplies and gear you always buy may cost a lot more than you paid just a year or two ago.
Read More »With the resumption of federal student loan payments and the promise of loan forgiveness, scammers have seized the opportunity to exploit the situation. They are inundating the scene with false promises of loan cancellation and a myriad of other deceptive tactics, making it vital to stay vigilant.
Read More »Moving into your first apartment is an exciting experience and marks a significant milestone in life. It also comes with a wide range of financial responsibilities – some of which you may face for the first time. Rent is just one of many factors to consider when building your budget for your new place.
Read More »Applying for a loan often feels daunting to many - but have no fear. You can employ several strategies to improve your chances of being approved.
Read More »As we are past the midway point of the year, now is the perfect time to perform a quick check-in with your finances. Regularly reviewing your saving and spending habits, and making necessary adjustments, helps ensure you stay on track to meet your financial goals.
Read More »Your checking account is like the worker bee of your financial accounts. It’s constantly active. Between paychecks coming in and funds from everyday purchases going out, it never rests. Having a checking account that is flexible is paramount.
Read More »It’s Dad’s day! Whether your father is well past middle age, or he’s still fairly young, this day in June presents an opportunity for you to show Dad how much he means to you. The good news is, it doesn’t have to cost a ton of money to celebrate Father’s Day in style. After all, you know how much Dad hates it when you waste money!
Read More »Summer is right around the corner, and it’s not only your home that deserves a fresh start. As we tidy up our living spaces, it’s equally important to spruce up our finances. Just as decluttering clears physical space, a financial spring cleaning creates room for a healthier fiscal future.
Read More »Empowering your teens with financial knowledge is more than just a gift – it’s an investment in their future. As parents, guiding your children through the maze of money management is crucial for their long-term well-being. Think of it as laying down the stepping stones toward a path of financial security and independence.
Read More »In today's digital age, where everything from shopping to banking is done online, the threat of scams looms larger than ever. Imagine receiving an email, a text message, or even a phone call that seems legitimate, only to realize later that it was a trap set by cybercriminals. These tactics, known as phishing, smishing, and vishing, are more than just annoyances - they're sophisticated schemes designed to steal your personal information and drain your financial accounts.
Read More »Credit cards are one of the most popular payment methods today. Whether managing monthly cash flow, making large purchases, covering unexpected expenses, or earning valuable rewards, credit cards are the go-to payment method for most.
Read More »If you’d love to live with a budget, but you don’t have the time or energy to learn how to create and manage a complicated spending plan, we can help! Similarly, if you’ve budgeted in the past but have fallen out of the habit and would love to jump back into life with a budget again, you may find this super-helpful.
Read More »Navigating the world of finance can sometimes feel like deciphering a complex code, especially when faced with industry jargon. For example, creditworthiness. What exactly does it mean, and why is it such an important measure of your financial health? We’re here to help demystify creditworthiness so you can better understand its significance in securing loans and other financial products.
Read More »Kids these days are growing up with more access to financial products than ever before. From debit cards to mobile apps and specialty accounts, they have so many options when it comes to managing their money. In honor of Youth Month, let’s take a look at why it can be a good idea to open a savings account for your child.
Read More »Building and maintaining an excellent credit score should be a top financial priority for every adult. Your credit score plays a significant role in how much interest you pay on loans, whether you’ll be approved for financing, and it can even impact whether you can rent an apartment or land specific jobs.
Read More »With the widespread transition to digital payments, the use of paper checks seems to be on the decline. However, check writing remains a popular payment preference for many businesses and people. Since checks are still widely used, it’s crucial to understand their susceptibility to fraud and how to protect your finances.
Read More »Credit card debt has a way of sneaking up on you. Before you know it, the balances can become a financial burden and a challenge to pay off. This is especially true if you’re managing multiple cards with different balances, payment amounts, and due dates.
Read More »As tax season rolls in, many people are looking forward to receiving a refund check. You might already have an idea of how you plan to spend it. But, while it can be fun to treat yourself, you also don’t want to lose sight of the many ways these funds can benefit you.
Read More »As a parent, you are the most significant influence on your children’s financial habits, now and later in life. Providing a good example and helping them set healthy money habits now will set them up for success in the future.
Read More »We get it, you’ve done your due diligence and sealed all leaky windows, replaced the weather stripping around your doors, but your heating bill is still astronomical. Why? While sealing air leaks and weather-stripping are great first steps toward lowering your heating bill, there are many other things to hack your way to a lower heating bill this winter.
Read More »Millions of people fall victim to identity theft every year. The best way to protect yourself is to understand how popular scams work. However, once you become comfortable identifying them, fraudsters change it up and move to new methods.
Read More »Stepping into the world of investing for the first time can be a bit like setting sail on unfamiliar waters. With numerous choices and conflicting advice, it’s natural to feel a tad overwhelmed and unsure of where to begin. But worry no more! If adding investing to your financial plans is on the horizon we’re here to offer some helpful tips for a smoother journey ahead.
Read More »Now is the perfect time to reflect on our financial habits and set goals for improvement. One crucial aspect of your overall fiscal health is your credit. Your credit score is a critical factor in determining your financial well-being, impacting your ability to be approved for loans, buy a home, or even land a job in some cases. If improving your credit is one of your financial resolutions for this year, we are here to help with some tips to guide you on your journey to better credit.
Read More »Achieving financial well-being requires careful planning and discipline. Budgeting is a crucial tool in this endeavor, offering you the means to take charge of your finances. Various budgeting methods exist, each with its own strengths and flexibility, allowing you to align your financial habits with your goals.
Read More »As the New Year is underway, now is the opportune time to reflect on your financial habits and set resolutions to improve your economic well-being. When making resolutions, we often set our sights too high, making living up to our expectations difficult. The key to success with behavioral changes is setting practical and feasible goals.
Read More »As the year comes to an end, people look at the new year as a fresh start. It’s a time to change behaviors and create resolutions with the hope of bettering ourselves in the coming year.
Read More »The holidays bring joy and celebration, but it’s also a season when fraudsters are up to their most deceiving tricks. From gift card fraud and travel scams to fake charities and package theft, there’s nothing that scammers won’t do to try and steal your festive cheer. We’re here to help you stay safe by shining a spotlight on some of this season’s most common scams and their warning signs, plus tips on how to protect yourself.
Read More »Life is full of financial curveballs. Whether it’s sudden car or home repairs or unplanned medical bills, unexpected expenses always have a way of popping up. An emergency fund is a crucial component of a healthy financial plan because it can keep you afloat while you deal with impromptu financial setbacks.
Read More »Life’s stresses have a way of getting us down, and there are so many ways to unwind to get serotonin levels spiking again. The problem is, too many of these outlets, like shopping, eating out and getting a massage, will set the budget back a bit – or a lot!
Read More »With the holiday season right around the corner, you may already be thinking about your travel plans. Whether you’re heading home to be with family, visiting friends, or going on a well-deserved vacation, travel costs can consume a significant portion of your holiday budget.
Read More »The holiday season is upon us, and one thing is for sure: we always forget how pricey these events can be until they’re here. Between the gifts, decorations, parties, and travel, your budget will be put to the test. And with prices continuing to stay high, preparation is crucial.
Read More »Everyone knows credit scores carry significant weight in today’s financial world. Your score directly impacts whether you’ll be extended credit and how much interest you’ll pay. But it’s not the only factor lenders review before approving a loan.
Read More »It seems like every day a new scam emerges as fraudsters attempt to separate you from your hard-earned money. While many of these ploys are extravagant and convincing, that doesn’t stop fraudsters from returning to their old tricks. That’s what is happening now as the “Say Yes” scam regains popularity.
Read More »Everyone holds their own perspective when it comes to handling finances. While friends and family may offer well-intentioned guidance, not everything you hear is necessarily accurate or beneficial. Much of it can be misleading or misguided - causing you to overlook opportunities or make poor financial decisions.
Read More »In the world of finance, the phrase “financial independence” is tossed around frequently. The challenge is that this concept isn’t one-size-fits-all; it means different things to different people. For instance, for someone in their golden years, financial independence might signify the ability to retire comfortably without the burden of a 9-to-5 job. However, for hardworking adults, it often boils down to breaking free from the paycheck-to-paycheck grind.
Read More »The holiday season is right around the corner, and it’s safe to say this will be one of the most expensive yet. Everyone is already feeling the financial squeeze thanks to inflation and rising prices. So, when you begin to think about holiday gifts, decorations, parties, and travel, it can feel overwhelming.
Read More »Whether you are college bound or heading into the workforce, there is something all young adults need to know about: your credit score. Think of this three-number score as your financial GPA. It holds the keys to your dreams of owning a car, renting your first place, or even landing that dream job.
Read More »Society today runs on credit, and that’s not a bad thing. Very few people can afford to pay cash upfront for things like cars, homes, or a college education. Access to credit and loans allows you to achieve major milestones and improve your financial position.
Read More »We all have financial goals we want to achieve one day. Whether it’s taking a well-deserved vacation or securing your golden years, how you save is just as important as how much you put aside. Different goals require different tools and tactics. For example, retirement planning relies heavily on tax-advantaged accounts and long-term investments. But what about short-term goals - those that you hope to achieve within two or three years?
Read More »Everyday technology becomes more prevalent in people’s lives. From working and traveling to shopping and socializing, it seems people are always connected today. But this non-stop reliance on your devices also creates a haven for fraudsters – and the pandemic only accelerated this digital dependence.
It’s a bittersweet feeling when your children spread their wings and leave the nest. As they venture into the world to pursue their dreams, it’s time for you to take stock of your financial situation and make some strategic moves. With retirement likely right around the corner, the upcoming years are crucial to ensure you enjoy your golden years.
Read More »An excellent credit score will unlock plenty of financial perks. Loan approvals are much easier, and you’ll qualify for the best rates – potentially saving you thousands of dollars. However, if your goal is to push your credit score over the 800-line, you likely already know quite a bit about this subject.
Read More »Heading off to college is an exciting time. You’ll meet new people, explore new places, and experience new things. But it’s no secret that college isn’t cheap. That’s why it’s crucial that you have a budget that’s both realistic and flexible.
Read More »After a historical hiatus throughout the pandemic, borrowers now face federal student loan repayment. Evaluating your full financial picture and making a repayment plan goes a long way towards reducing stress and uncertainty. Student loan interest will resume starting on Sept. 1, 2023, and payments will be due starting in October.
Read More »We all have them. We know they cost a small fortune. Yet, instead of canceling subscriptions, we find ourselves subscribing to even more. Businesses across all industries have found creative ways to cash in on this profitable business model – and consumers can’t resist clicking “subscribe.”
Read More »When it comes to money, everyone has an opinion, and they want to share it with the world. Unfortunately, though, popularity in and of itself does not make an opinion true. Let’s take a look at three commonly offered money tips that aren’t all that great.
Read More »Summer is in full swing and so is peak travel season. And while July is a prime time to get outdoors and cash in on any plans you may have—at home or beyond—the reality is that financial concerns (and recent credit interest rate spikes) remain a pain point for many of us. Here are five steps to take to boost your financial health and reduce your worries this summer.
Read More »At Genisys, we offer our members a wide variety of financial products and services to help you manage, save and grow your money. Whether you’re new to the world of banking and in the process of opening your first checking account, or you’re a seasoned saver looking for a new place to grow your money, a money market account can be the right choice for you. These popular accounts blend the best of savings and checking accounts, offering convenient features along with an attractive rate of return to help your money grow.
Read More »Building and maintaining an excellent credit score should be a top priority for every adult. A good score can create opportunities and generate significant financial savings in our world where loans and credit are commonplace. Everyone from lenders, landlords, and even some employers use your score to gauge your financial trustworthiness.
Read More »There are a few things that bring joy like longer days and warmer temps. But before you dive deep into summer travel, and your wallet, check out these tips that can help you have fun in the sun without breaking the bank.
Read More »Identity theft is a serious crime that can have detrimental consequences on your finances and credit score. Unfortunately, most people don’t realize their personal information was stolen until weeks or months later. So, whether you fell prey to a scam or were a victim of a data breach, it’s crucial you act swiftly.
Read More »Much of your twenties is spent figuring out who you are and where you’re going in life. As you progress into your thirties, more pieces of that puzzle begin to fall into place. Perhaps you’re planning to get married or start a family. Maybe specific career goals are on your mind. Regardless, it’s often a period of significant personal growth.
Read More »One of life’s major milestones is deciding to propose to your significant other. But before you hear the celebratory wedding bells, the first step is to find the perfect engagement ring. The old adage said you should spend roughly two months’ income on an engagement ring. While times have thankfully brought this number down a bit, one thing is for sure – rings aren’t cheap.
Read More »The cost of higher education continues to rise every year. Between tuition, living expenses, and transportation, the price tag of a college degree can leave many wondering how they’ll afford it.
Read More »When it comes to investing your money, a wide range of options are available. These opportunities include stocks, bonds, traditional savings accounts, and real estate, all of which offer the potential for financial growth. However, with a plethora of choices also comes the possibility of increased risks.
Read More »Budgeting often gets a bad rap. Sure, creating and maintaining a budget might feel like a hassle sometimes. They can be time-consuming, restricting, and can even feel self-defeating on occasion. Yet, there is no better way to ensure your financial well-being than through a well-maintained budget.
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Tax season is here, and it tends to put most people on edge. Many are anxious to file their returns because they rely on the money from their tax refund. Others find it stressful to locate all their tax documents and file on time.
Read More »Today’s society relies heavily on credit, which makes your credit score a crucial component of your overall financial well-being. Whether making purchases with a credit card, buying a car or home, or pursuing higher education, credit is generally required.
Read More »Interest rates across the board continue to rise. It’s a wonderful scenario for savers with Money Market Accounts and Certificates of Deposit. Higher saving yields provide greater earning potential.
Read More »We are all likely aware of the news regarding Silicon Valley Bank in California. While this can feel like an uncertain, and scary time, we are here to assure you that you have safe alternatives for where you choose to put your money. Credit Unions offer a unique alternative for many reasons.
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Attending college and earning a degree in a field you’re passionate about is a dream for many. After countless hours studying and working towards your goal, there’s no better feeling than holding that college acceptance letter in your hands. Now that you’ve passed the first major hurdle, it’s time to start preparing for the next…how to pay for school.
Read More »It may seem like joining a credit union is the same as opening an account at a bank, but that’s not true. The biggest difference between a bank and a credit union is profits. Banks focus on building profits for their investors, while not-for-profit credit unions invest that money in YOU.
Read More »If you’ve ever tried to shed a few pounds, you know there are plenty of diets to choose from. And whether they’re dictating how much you can eat or what types of foods are acceptable, most diets have one thing in common – they’re unsustainable.
Read More »It’s no secret that having a great credit score is beneficial today. It makes being approved for loans easier and ensures you pay less interest on those financial obligations. But its benefits stretch beyond loans.
Read More »After a year of surging prices, members are still grappling with the effects of rising inflation. Add in the rocky performance of Wall Street, and people are looking for a silver lining. One such opportunity is beginning to shine as savings rates also start to climb – it’s called a certificate of deposit (CD).
Read More »As you scroll through the news headlines, predictions of a looming recession are becoming more frequent. If you were in the workforce during the Great Recession of ’08, you know the one word that usually follows “recession” is “layoffs.”
Read More »As a business owner, you know how vital cash flow is, and you may need to tap into credit frequently. Whether it’s covering inventory, making payroll, or everyday expenses, many businesses rely on credit. But what type of credit should you have - a credit card or a business line of credit?
Read More »With uncertainty surrounding the unfolding pandemic, on March 13, 2020, most federal student loans went into “Administrative Forbearance.” During this time, eligible loans had their interest rates set to 0% APR and loan payments were paused.
Read More »Your credit score will play a tremendous role throughout your adult life. From determining how much you’ll pay on your car and home loan to deciding if you’ll be approved for an apartment, your credit comes into play. Whether you have a stellar score or life throws you some financial curveballs, it’s always in your best interest to monitor and improve your credit score.
Read More »It’s never fun when life throws you a sudden, unexpected financial curveball. And unfortunately, these challenges always seem to pop up when you least expect them. Ideally, the hurdle isn’t too tall, and you can cover the costs with your emergency fund.
Read More »Whether it’s trekking across Europe, embarking on a coast-to-coast road trip of the U.S., or cruising through the Canadian Rockies by train, most people dream about that one bucket-list vacation. To many, this adventure remains a dream. But with dedication and planning, it’s often more attainable than people realize.
Read More »Whether it’s traveling the world, relaxing on the coast, or spending time with grandchildren, everyone dreams about retiring one day. The greatest challenge with retirement is that the road to get there is long. Generally, people will work 40 or more years before they save enough to leave the workforce and live comfortably.
Read More »While there are many avenues to invest money in the markets today, the two most popular are either doing it yourself or with the help of a financial advisor. Going solo could save you money on fees but also adds risk if you’re unfamiliar with the markets.
Read More »Loans are commonplace in our society, and most people will carry a variety of debts during their lifetime. Whether an auto loan or a credit card, debt has the same weight – a monthly bill you must pay back. While it's not always the easiest thing to do, your goal should be to repay your balance as quickly as possible. Doing so can positively affect both your financial and mental well-being
Read More »Today, managing both your career and family can be challenging. But it’s becoming even more difficult for a growing segment of the population. Commonly known as the “sandwich generation,” these individuals are raising their own children while also caring for elderly parents.
Read More »Buy now, pay later (BNPL) programs almost seem too good to be true. You can actually walk away with that overpriced exercise bike, entertainment system, sectional sofa or anything else that caught your eye without having the money to pay for it now. And there are almost no eligibility requirements to qualify.
Read More »Life as a small business owner is never easy. But the last couple of years has brought obstacles no one saw coming. Finally, as the challenges brought forth by the pandemic started to wane, new burdens emerged. Supply chain issues and record levels of inflation have business owners scratching their heads, wondering if this run of bad luck will ever end.
Read More »Everyday technology becomes more prevalent in people’s lives. From working and traveling to shopping and socializing, it seems people are always connected today. But this non-stop reliance on your devices also creates a haven for fraudsters – and the pandemic only accelerated this digital dependence.
Read More »Fall is here, which means the winter holidays are right around the corner. Everyone can feel a little overwhelmed during the holiday season, leading to procrastination, shopping anxiety, or delayed gift picking. But the holidays are meant to be full of fun and love, so minimizing your stress is the best strategy for thoroughly enjoying the holidays.
Read More »It’s no secret that an excellent credit score can impact your financial life tremendously. With it, applying for loans and receiving the necessary funds becomes much easier. Plus, the costs of those loans will be significantly lower. It can also improve your chances of being approved for an apartment and obtaining certain jobs.
Read More »Creating and maintaining a budget is one of the best ways to achieve your financial goals. However, even the most dedicated can find it challenging at times. That’s why it’s essential to revisit your budget and financial plan every six months. This financial check-up is your opportunity to get back on track before you stray too far from your goals.
Read More »Did you know that, just like individuals, your business needs a good credit score? Whether you’re thinking of turning your side hustle into a full-time gig or starting a new business, establishing business credit is imperative.
Read More »Most new parents are shocked when they discover the cost of childcare today. With prices per child often near $1,000 per month, the total can become extremely expensive for those with multiple small children. The rising cost of childcare can force parents to question whether it’s more economical for one parent to forgo working and raise their children until they can attend elementary school.
Read More »Did you know that the cost of an average wedding in the U.S. is $28,000? That’s an awful lot of money to spend on one event, especially when you consider that just 12% of couples have wedding savings when they get engaged. This means that for many couples, the honeymoon is over as soon as those bills start coming due.
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While building and maintaining a great credit score should always be a priority, mistakes happen. Some mishaps are more severe than others and can impact your credit rating for much longer. Understanding which items carry more weight on your score will help you avoid them in the future.
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There is no better time than now to brush up on ATM safety. Using a compromised machine can mean risking identity theft or having cash stolen. With this simple machine, all it takes is a few short minutes for a victim’s life to be completely ruined.
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One of the most popular questions people ask is whether they should save their money or invest it. The simple answer: both. While investing your money traditionally earns more than a savings account, there are some risks and downsides.
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Living paycheck-to-paycheck can be very draining and affect everyone in your household. While you may be paying your bills on time and covering all your monthly costs, one unexpected expense can cause the house of cards to come crashing down. Sure, you could try to get a second job or start a side hustle, but in reality, it’s not that easy – especially if you’re raising children.
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While the ability to transfer money between accounts is convenient, maintaining multiple accounts can become challenging – especially if you have several accounts. If you stop using an account for a while, what happens to it? Better yet, what happens to the money in there?
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Debt is something everyone should do their best to avoid. It’s been a wild ride for everyone, but younger Millennials and older Gen Z have been hit especially hard. As a result, debt has earned the reputation of being something to avoid at all costs. But it may not be as simple as that.
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The best way to achieve financial milestones is through a budget. But creating a budget and sticking to it are two entirely different things. While on paper, you may have the perfect plan to meet your monthly expenses and grow your savings, in reality, life happens.
Read More »Throughout history, gambling has been a popular pastime. Now, it is even more accessible than ever before due to online gambling websites. Unfortunately, what can begin as an enjoyable pastime and opportunity to relieve stress, can turn into something much worse.
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The cost of higher education continues to rise every year. Between tuition, living expenses, transportation, the price tag of a college degree can leave many feeling stressed about how they can afford it. Scholarships and grants are great if you can qualify for them. However, an easier way is to change how you spend your summers.
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Everyone deserves a nice vacation. It’s your chance to get away from the daily grind, relax your mind, and create memories with your friends and family. While the destinations to choose from are limitless, your budget is most likely not.
It’s an amazing employment opportunity – or is it? Scammers often hijack the job market and ensnare hopeful job seekers into their schemes. If you’re job-hunting, it’s a good idea to review the way these scams play out and how you can avoid them. To help you out, we’ve put together a short primer on what you need to know to stay safe from job scams.
A few years ago, working remotely wasn’t something many people even considered as an option. Fast forward to today and many workers are quickly finding it quite common. As businesses continue to realize remote work helps boost their bottom lines, working from home may soon be the norm.
Read More »At some point in your life, you’ll probably need a loan. Whether you’re preparing to buy your first home, a new car, or want to consolidate debt, there’s always a chance your loan request may be denied. While not being approved for a loan can be disheartening, don’t beat yourself up.
Read More »Due to the events unfolding in Ukraine, people worldwide are standing up to help in any way they can. Unfortunately, these types of emergencies, whether they involve worldwide or local relief funds, are prime opportunities for scammers.
Read More »It's only natural if you find that the idea of becoming a parent is a frightening yet awesome responsibility. However, if you know the steps to take to ensure that your precious little one is protected as much as possible, you'll breathe easier.
Read More »When working with a financial advisor for your retirement planning, they may suggest that you open a Health Savings Account (HSA). But what exactly is a health savings account, and how can it benefit you – both in retirement and for health-related expenses?
Read More »The days are getting longer and warmer, and that means summer is just around the corner! Though April is a mid-season month without any major shopping holidays, you can still score some great deals.
Read More »Credit cards are one of the most widely used forms of payment these days. With the lure of rewards and the ease and convenience of payments, many turn to their credit cards first when making purchases.
Read More »Everyone deals with stress and anxiety. Whether it’s work-related, issues at home, health problems, or something else, stress can weigh you down emotionally and physically.
Read More »Anyone buying a new car, or even a cup of coffee, will notice that prices are going up. From utilities and groceries to filling your car at the pump, inflation is definitely on the rise affecting everyone’s finances in one way or another. As a result, many households are feeling the strain on their budgets.
Read More »Whether starting your own business has been a lifelong dream or recent events encouraged you to try and monetize your unique skills and talents, there is much to consider before taking the plunge. While creating a business is relatively simple in terms of completing and filing forms, ensuring your success long-term requires greater planning.
Read More »Filing your taxes can be a bit of a headache each year. While many people may have good intentions of filing as soon as they get their W-2s, the reality is people often procrastinate. Then, before they know it, the deadline sneaks up and forces them to reorganize their schedule to make time to file, causing a great deal of unnecessary stress.
Read More »You can probably guess that an emergency fund is for financial emergencies just by the name. Everyone can agree that most financial challenges tend to pop up when they’re least expected.
Read More »Nothing beats the joy of treating yourself! Many people feel drawn to the thrill of buying new items, pampering services, or tasty meals. However, overspending can become a financial problem when you’re not keeping track of your budget, leading to unwanted debt and stress.
Read More »Keeping your financial accounts safe in today’s digital world is a growing challenge. Hackers are constantly coming up with new ways to gain access to your accounts through your computer and even your mobile devices.
Read More »The New Year is a great time of renewal. That makes it a good time to make bold, decisive changes in your life. Leave behind the baggage that was 2021 and start fresh with a blank slate in 2022.
Read More »The holiday has come and gone, so your mind is no longer focused on gift lists, decorations, travel plans, and family events. It’s time to shift your focus to something else - the end of the year is the perfect time to review your loans.
Read More »Life Insurance seems like a boring, unnecessary item to pay for. It’s something you can buy later in life, it’s too expensive --the excuses to avoid it are valid, right?
Read More »Inevitably, life will eventually throw you a financial curveball. It may be something relatively minor, such as necessary car repairs. Or, perhaps it’s something more extreme, like a job loss. Either way, financial challenges are sure to pop up at some point in life.
Read More »As the year comes to an end, you may be starting to think about all you want to accomplish in the new year. If you’re like most, some of your resolutions probably include either breaking an old habit or starting a new one. Whether your goals consist of losing a certain amount of weight or getting out of debt, the key to success is starting small.
Read More »Building credit is a process that remains a mystery to many people. How can you build credit if no one extends credit until you have credit?
Read More »Credit cards give you the convenience and freedom to shop practically anywhere, either online or offline, at any given time. However, this type of freedom can also create many financial hardships if not managed responsibly.
Read More »For many, fall signifies the beginning of the end of the year. It’s a time when many people start to plan for the holidays and the new year. Whether it's about decorations, parties, gifts, travel, entertainment, or anything in between, the magic of fall is contagious. But did you know that fall is also one of the best seasons for financial planning ahead of the new year?
Read More »While retirement may seem like a lifetime away for some, making smart investing decisions early is the best move to ensure you can retire comfortably down the road. There are several retirement accounts to consider, such as Roth IRAs and 403(b) accounts, but one of the most popular options for many is a 401(k) plan. Since most employers offer an easy-to-set-up, low-risk employee 401(k) plan with matching contributions, taking advantage of this option is a no-brainer.
Read More »Nowadays, everyone in the family is using technology - from kids to grandparents. These convenient digital tools instantly connect everything, from friends and family to financial accounts and shopping. Unfortunately, they also open the door to fraudsters.
Read More »Everyone sets goals. Typically, these goals fall into two categories - short-term and long-term. Short-term goals may consist of saving for a well-deserved vacation or shedding 10 lbs. Long-term goals focus more on what you want to accomplish in life and retirement planning.
Read More »It’s never too early to begin teaching your children the importance of saving money. Whether they receive tooth fairy money or earn a paycheck at their first job, these are all teachable moments that can have a tremendous impact on their future financial lives.
Read More »Retirement is an aspiration we all hope to reach – sooner rather than later! However, if you’re just starting your career journey, retirement can seem like a lifetime away. For others, it’s right around the corner, and you may be wondering if you’re genuinely prepared, financially speaking.
Read More »When you work diligently to pay off a credit card, nothing is more satisfying than seeing the balance hit $0. It’s a eureka moment – filled with accomplishment and freedom. And your next desire may be to shred the credit card and close the account. But is that the right move?
Read More »Sometimes loans and borrowing money can have a negative connotation. The truth is that loans are powerful instruments that can drastically improve your financial standing when used properly. Whether you’re investing in yourself through higher education, purchasing a home for your family, or just need cash flow for monthly expenses, loans often make the impossible possible.
Read More »Many misconceptions come with the term “financial advisor.” For many, partnering with a financial advisor is something you do later in life as you approach retirement. Others may assume they cannot afford one, or they don’t have enough funds saved to justify their services. Before you put off working with a financial advisor, you must understand how their services can impact your financial future.
Read More »In today's world, it’s not uncommon for people to have their money spread out among several different financial institutions. For example, many folks often have their checking or savings at one institution and loans at another. It’s even more common to carry multiple credit cards from various institutions in your wallet.
Read More »Credit cards offer one of the most convenient ways to pay for goods and services, especially in financial emergencies. However, it’s crucial to remember that credit cards are indeed loans and must be managed responsibly.
Read More »Buy now, pay later (BNPL) programs almost seem too good to be true. You can actually walk away with that overpriced exercise bike, entertainment system, sectional sofa or anything else that caught your eye without having the money to pay for it now. And there are almost no eligibility requirements to qualify.
Read More »While fuel prices will always fluctuate with the economy, there are many things you can do now to help you save more at the pump. So whether you’re planning a road trip or want to lower your everyday expenses, follow these ten money-saving tips.
Read More »Making the transition from high school to college means you're in store for some significant changes in your life. Among those changes is the need to establish credit and build a solid credit score.
Read More »With online transactions increasing each year, it’s more important than ever for people to become vigilant in protecting their identity. Identity theft and fraud are on the rise, and scammers are becoming smarter and more creative with how they’re targeting people and their accounts.
Read More »Before the pandemic, most employers shunned the idea of their staff working from home. Fast forward a year, and many employees are happy to find this arrangement may become more permanent. Working from home provides many perks, including a slew of financial benefits you should capitalize upon immediately.
Read More »If you find it challenging to make ends meet, financially speaking, it could be a sign that you are living beyond your means. It’s easy to get over-extended - especially with so many people living out loud with all their new purchases on social media. And online shopping only perpetuates these struggles due to its overwhelming ease and convenience.
Read More »Paying for a wedding is no small order. There are many details involved — and the entire process can be quite expensive. Many couples rely heavily on credit cards or a personal loan to get them through their weddings. But there is one choice that is almost always the better option. Here’s what you need to know about using credit cards compared to a personal loan to pay for your wedding.
Read More »Throughout history, gambling has been a popular pastime. Today, it’s even more accessible than ever before due to online gambling websites. Unfortunately, what can begin as an enjoyable pastime and opportunity to relieve stress, can present quite a few challenges — especially with the ease of gambling with your credit or debit card.
Read More »When it comes to saving for retirement, time is your best friend. The longer you’re able to allow compound interest to work in your favor, the better. However, even if you start saving early, it’s not uncommon to feel like you may be lagging in the retirement savings department.
Read More »That first job as a teen is almost as exciting as passing the driver’s test and getting a driver's license. There is a certain amount of freedom in both. One represents greater financial freedom, while the other represents freedom of movement. But, with this great independence comes even greater responsibility.
Read More »Spring cleaning your home is probably not new to you. You declutter the garage, clean windows, wipe down baseboards, clear out your basement, and more. But, what about your finances? It pays to spend some time spring cleaning your finances too. Below are seven ways to get your finances in order.
Read More »Much of what we do day-to-day is driven by habit. Like with other bad habits that could bring you down, bad financial habits can also cause harm and frustration. Whether it’s paying thousands in interest or fees, having zero cash for emergencies, or damaging your credit score, poor financial habits need to be addressed and corrected.
Read More »Each year the IRS releases a list of tax scams that are currently affecting many individuals. The number of different scams seems to steadily increase each year, with fraudsters becoming more proficient in their targeting methods. This year, there is more for taxpayers to be mindful of with COVID-19 and economic impact payments setting the stage for tax scams.
Read More »You don't think it will ever happen to you — and then it does. You lose your wallet. One minute you're walking around with your wallet securely in your pocket, and then next, it's gone. And you didn't even realize it was missing until it came time for you to pay for something. At first, you might panic. But, instead, stay calm and take these ten steps below right away.
Read More »While it’s important to begin building your credit early, it’s even more important to build it responsibly. As early as 18, you’ll start to receive credit card offers. While these offers can be tempting, understanding all the details before accepting them is crucial.
Read More »With everything going on in the world right now, it’s easy to fall victim to stress and anxiety, which can negatively affect your mental health. However, there are some steps you can take to control how you respond to these stressors.
Read More »As we sail into 2021, many Americans are struggling with the aftershocks of financial disaster. Whether it’s due to a layoff, a smaller workload, medical expenses or a change in family circumstances, the financial fallout of COVID-19 has been devastating for people in every sector of the economy.
Read More »Why fumble for your wallet at checkout when you can just pay by using your phone?
Read More »The New Year is a great time to set goals and start fresh. Even if you’re not the best at saving money or cash always seems to be tight, we have ten tips to help you quickly boost your savings this year.
Read More »Credit cards offer incredible convenience. With just a quick swipe or a linked account, a payment can be instantly processed. It seems like a no-brainer to use that convenience for taking the hassle out of paying bills. But, is it a smart idea to pay monthly bills with a credit card?
Read More »With so many people using smart devices in their homes these days, it’s more important than ever to make sure they are secured. Since these devices connect directly to the Internet, you may not realize they collect and share your data. Therefore, it's essential to understand how they work — and, more importantly, how you can secure them.
Read More »If downloading the Genisys Mobile App wasn’t the first thing you did after opening an account, we’ll wait a minute while you download. :) After registering and logging in, you’ll see your accounts and the obvious features that any mobile banking app should have; transfer money, bill pay, mobile deposit, etc.
Read More »The first wave of COVID-19 left many feeling financially unprepared, which is completely understandable since none of us were ready to deal with the consequences it brought. However, with the thought of another wave coming, it’s essential to take steps now to prepare yourself financially for it.
Read More »Finding out someone has cracked open your accounts and helped themselves to your information can be alarming, but there are ways to mitigate the damage while jump-starting your recovery process.
Read More »If you’re like most, you may not have money saved this year for the holidays. Likewise, you may be tempted to rely on credit cards for this year’s holiday expenses. However, this may do more damage to your finances in the long run. Not to mention, if you already have outstanding balances on your credit cards, adding new expenses to them can result in more financial challenges.
Read More »If you’re struggling with credit card debt, it can feel as though you’re drowning in quicksand. The more you struggle to get out of this high-interest rate debt, the deeper in debt you appear to be. There are things you can do, though, that will help you free yourself, once and for all, from credit card debt. These four tips can help.
Read More »It’s never too early to begin planning for your retirement. In fact, the earlier you start your planning, the greater security you’ll have when the time for retirement arrives. Many people in their 20s and 30s view retirement as something that is so far in the future that it’s hard to make it a priority. Honestly, it’s likely the last thing on your mind. After all, your career is just beginning.
Read More »Let’s be honest… saving money isn’t always as easy as it sounds. You create a monthly budget and do your best to follow it, but something always pops up to throw you off track. Plus, there are only so many ways to cut back your spending. Sure, you can switch cable providers or phone plans, but those savings are usually minimal. You want to save money… a sum of money you can actually see in your accounts.
Read More »While there is most likely an app for that, all these apps could be killing your budget. You will be amazed at the wide range of useful apps available for your home computer, mobile devices, tablets, and more. With so many apps available, it’s important to be selective about which apps you choose and how you use them.
Read More »The pandemic is certainly a moment in history that will be remembered forever. With this period of uncertainty and isolation, we’ve found a way to “cope” by changing the way we shop. U.S. eCommerce sales have risen 25% since March. Online shopping is convenient and you can often shop from the comfort of your own home - no wonder it’s becoming so popular!
Read More »It’s no secret you want the best for your children. What good parent doesn’t? You want them to have great friends, a solid education, and, in general, the best life possible. One way you can help considerably is by starting a savings account for them and developing a plan to add to it regularly.
Read More »If someone would have approached us a year ago and told us that, in 2020, the country would essentially shut down for three months; the busiest places in cities across the world would be empty of traffic; schools and colleges would close for an entire semester and blockbuster releases would be put on hold, we probably would not have believed them.
Read More »Though we aren’t sure what classes will look like, you are likely planning to send your child off to college in the fall. One thing that may be on your mind is whether or not your child should have their own credit card.
Read More »You might be under the impression that all debt is bad. That simply isn’t the case. While no one likes to owe money, some loans can help you become more financially secure and provide you with opportunities to improve your current financial situation further.
Read More »As businesses start reopening and people begin returning to work throughout the country, the initial thought was that COVID-19 scams would cease. Unfortunately, that isn’t the case. If anything, they are continuing. Some might even say they are growing as people begin to return to the office, and life begins to take on the appearance of a new normal. Scammers are viewing this as an opportunity to use COVID-19 for their own purposes.
Read More »Financial education begins at home. What's one way that you can teach your kids the importance of setting financial goals, saving money, and watching what they spend? By involving them in the process of creating your family's budget.
Read More »Fraud prevention can take some effort, but it's definitely worth it. Protecting your "worth" is the best way to ensure a healthy future in financial terms. Common sense goes a long way towards keeping your accounts secure, but constant awareness of the risk is not considered paranoid today. It's all too easy to become a victim.
Read More »Many people turn to credit cards when financial fires need to be put out quickly. While credit cards can serve an important purpose for helping out in financial jams, they aren’t always the best options for people to consider.
Read More »When you start working and paying your own bills, it doesn’t take long to realize that a credit card is a necessary financial tool. You need a credit card to complete many transactions even if you don’t need to go into debt. Plus, without a credit card, your credit score may not be as high as it can be.
Read More »For the last several weeks, our vibrant, active country has been put on pause. Busy thoroughfares are now empty of pedestrians and vehicles, as millions of Americans have been sheltered in place to slow the spread of the coronavirus. Forced leave of work has left many wondering if and when they’ll receive their next paycheck.
Read More »The current crisis has many people more than a little nervous about investing. Wall Street appears to be struggling to get a handle on the ups and downs of the news cycle, and that makes people at all levels of experience more apprehensive about investing.
Read More »With shelter-in-place restrictions imposed in most every state, millions of cars are sitting motionless in garages and driveways across the country. While staying home is the best way to stay safe these days, it might not be the best thing for your car.
Read More »The COVID-19 Government Stimulus money has started to hit American’s bank accounts. What are you going to do with it? Spend it or save it? Oftentimes when we get a payout, whether it is the stimulus money, your annual income tax refund, or you’re lucky a lottery winner, we think, “How am I going to SPEND it?”
Read More »If you're worried about how to do your everyday financial tasks while social distancing and staying home, worry no more - we are here to ease any stress. With mobile banking, handling your finances remotely can be convenient even after COVID-19 passes.
Read More »Times are unsettling for many Americans facing reduced hours, changing work functions and uncertain financial days ahead. With COVID 19 spreading, it’s more important than ever to take the reins on your finances and manage them carefully.
Read More »While COVID-19 is keeping us at home, we have the time to do some things that have been on our endless “to do” or “want to do” list. While it may, at first, sound like a dream come true, sitting at home in your PJs, binge-watching a new TV series while eating your way through gallons of ice cream, it can get old rather quickly.
Read More »Scammers are notorious for capitalizing on fear, and the coronavirus outbreak is no exception. Scammers have set up fake websites, bogus funding collections and more in an effort to trick the fearful and unsuspecting out of their money.
Read More »Trying to keep your spending in check is a lot harder than it sounds, especially since it is so easy to make purchases these days. All it takes is a couple quick clicks of a button, and you can purchase anything from groceries to furniture to a new car. Consumers frequently get into situations where they overspend and can’t live comfortably because their bills are too high.
Read More »One of the most persuasive pieces of advice we hear about credit card spending is to limit how much you use them in an effort to reduce debt. In fact, we may even hear advice about paying off all our credit cards and then cutting most of them up until you have one left to use in an emergency.
Read More »Peak wedding season is around the corner, are you ready? According to a new report by a leading wedding magazine, The Knot, the average American wedding costs $33,900. That number includes the cost of an engagement ring, but not the expenses from a honeymoon.
Read More »The first few months after you bring your baby home is an exciting time that can also be a bit stressful. It’s easy to get caught up in sleepless nights, organic baby food and reading every book you can find.
Read More »How can I save money? How can I be financially prepared for an emergency? Can I get that new iPhone 11 without making payments for 24 months?
Read More »Your credit score is a number you need to know. This score is a numeric representation of your ability to pay your bills on time and maintain good credit use. Lenders of all types, some employers, insurance companies and others use this score to determine how trustworthy and reliable you are. It pays to do your best to ensure it is the highest it can be.
Read More »Over the last century or so, society has made tremendous strides toward gender equality on every level — and this includes basic money management. Today’s culture has further narrowed the gap between the sexes, and the stereotypes of the “overspending wife” and “overworked husband” are a thing of the past.
Read More »If you have ever made a resolution to get into shape or lose weight, you know how establishing a habit works. You sign up for a gym membership, get some kind of awesome workout gear and learn to love eating kale.
Read More »The New Year is a great time of renewal. That makes it a good time to make bold, decisive changes in your life. Leave behind the baggage that was 2019 and start fresh with a blank slate in 2020.
Read More »Winter brings cozy fires, happy holidays and fun sports like ice skating and skiing. It can also bring some things that are less welcome. With sunshine being scarce, many people get the winter blues.
This depressed state is often made worse by the financial realities of winter, which include higher energy costs and money spent on holiday festivities. Here are some ways to get proactive and beat the blues before they start.
Read More »Even though it seems strange in this world of autonomy, there are things that still rely heavily on us humans… including what is reported on your credit report. And we know that, as humans, we are imperfect. That’s why it is so important that you review your credit reports from each of the 3 credit reporting agencies once a year to report any inaccuracies that may impact your credit rating. We like annualcreditreport.com for free yearly credit report checking.
Read More »It’s that time of year again. With holiday spending season upon us, it’s time to broach an uncomfortable subject: how to pay for all that joy and goodwill.
Read More »Reaching financial goals requires discipline — discipline that, let’s face it, many of us don't have! We can't pass by the coffee shop in the morning without stopping for a large java and breakfast sammie. Or we're tempted when we see that big screen television on sale and we're convinced we need to upgrade to that new iPhone®.
Read More »Who doesn’t love a good sale? You see the lines of people waiting outside the stores on Black Friday each year, trying to get the best deal on that must have item. But the sale price sometimes isn’t the best price and your much needed retail therapy session may end up being not so therapeutic.
Read More »Grocery shopping can sometimes be overwhelming and expensive if you aren’t prepared. That’s why we’re here to give you the scoop on saving money at the grocery store. Here’s how:
Read More »The leaves have changed, the weather is getting cooler, what does this all mean? It’s time to start thinking about Christmas.
Read More »The average amount of credit card debt increased 2.4% in 2018 from 2017. The average American carries a balance of $6,506 in credit card debt. Thinking of paying off your credit cards, but not sure where to start?
Read More »What do you know about credit unions? Is it possible what you think you know is not actually the truth?
Ever since President Franklin Roosevelt signed the Federal Credit Union Act into law in 1934, the credit union industry has been growing and evolving.
Read More »Managing debt can seem like a never ending chore, but there is a light at the end of the tunnel. Having a plan set in place will help you through this process, so take a look at a few tips to help make managing debt a bit easier.
Read More »We’ve all received a call from an unknown number and upon answering, cue the automated recording claiming to be a legitimate business. These calls are illegal and commonly known as robocalls. Robocalls are becoming increasingly common - in 2018, nearly 47.8 billion calls were placed.
Read More »Applications like PayPal and Venmo offer the convenience of sending money electronically. Instead of the old “I’ll pay you back,” we can now say “I’ll send it to you.” The ability to pay your friend, coworker or family member immediately is awesome, right?
Read More »Working hard to save up money for your first car purchase is quite a feat but if you don’t have the right insurance to protect your investment, you may end up losing money if something happens to your car.
GAP is not just a clothing store at the mall. Guaranteed Asset Protection (GAP) is a valuable insurance policy product that ensures your new ride is extra protected.
Read More »Lets face it, college dorm rooms are cold, blank canvases just waiting for the next student to add their personal touch. You’re excited to finally have your independence and dive into adulthood, but who would have thought the tiny space where you will study, create new memories and live for a year or more could be so expensive?
Read More »Most people with children have a desire to be a fantastic parent. There is so much to navigate when raising kids like parenting styles, which boundaries to set or which foods to feed them. But don’t overlook one of the most important things that can be done: helping children save for their future.
Read More »Theft is a scary thing to think about, especially when your identity and hard earned money can be on the line. Personal identity is one of the most precious things we own and it carries much more weight than one would expect. Protecting your identity can be difficult, especially when it’s something used every day in every situation.
Read More »Dining out is a great way to unwind and socialize with friends and family, but it can take a huge bite out of your budget. No worries—we’re not going to try convincing you to give up your favorite restaurant. Instead, consider these hacks to trim your bill when dining out.
Planning for retirement? Having a baby? Looking to invest in stocks, but unsure where to start? Juggling these tasks on your own can become overwhelming, but with the help of a financial advisor, they can guide you through the process in helping it all make sense.
Read More »Summer is finally here and it’s time to plan your next well-deserved vacation. Learning to plan a vacation on a budget could be a lot of work, but below are a few tips. We are going to cover a few main expenses when planning a vacation.
Read More »There’s a lot you have to plan and save for when thinking about the future. Saving for retirement should be at the top of your list. But if you’re planning on buying a home or having a family at some point, you’ll need to start saving for those costs as soon as possible, too. It may sound crazy to a non-parent, but the average cost of raising a child in the U.S. has surpassed $200,000.
Read More »It’s a tough topic and conversation to have, but deciding on who will handle your affairs and assets if you pass away is so important regardless of what financial position you are currently in. Wills and trusts are an important piece, but an additional, simple step is to designate beneficiaries.
Read More »Do you have champagne taste on a beer budget? Or maybe a lender has told you that you’re over extended? Either way, it boils down to spending more money than you actually bring home throughout the year. Here are some of the tell-tale signs of living beyond your means and what you can do to fix it.
Read More »Life comes at you fast. One day your finances are in order, and then, just after you paid for your dream vacation, your car breaks down, you receive a hospital bill you weren’t expecting, and your refrigerator quits working.
Read More »Summer is almost here, and with it comes a bit of rest and relaxation for millions of people around the world. It is clear workers eagerly anticipate summer vacations with 68 percent of people taking a summer vacation in the last year. Vacations create special memories and experiences that we all cherish, but they also open us up to be the perfect target for identity thieves.
Read More »Does it seem like saving money is a luxury you can’t afford? Do you have good intentions to save, but unexpected needs always seem to arise? Are you counting on your “future self” to come to the rescue?
Read More »FREE Trial Offer….. many new products and services come with these enticing words and sway many consumers to feel as if it is a great deal.
Read More »There never seems to be a shortage of scams that are out there just waiting to take our money. One of the most recent trends in scamming is something called “Crowdfunding.” For the unaware, crowdfunding is simply a way for a group of people to support a cause, project, or person that otherwise might not have the tools or resources to raise money.
Read More »Are you hoping to get a refund from your 2018 tax return? Many people intend to use their refund as a “forced savings plan” (essentially withholding extra taxes on purpose so that they get a larger refund at the end of the year, instead of being tempted to spend it during the year).
Read More »You have obsessed over paying your bills on time and have never been late on a payment.
Read More »With hacks, scams, malware and more, the Internet can feel like a dangerous place these days. And, the recent increase in devices, from smartphones and tablets to Internet-connected appliances, has opened us up to even greater risks. Criminal Internet activity seems to continue to rise making online safety a concern. The FBI received more than 300,000 complaints in 2017 with more than 1.4 billion in reported losses.
Read More »Establishing credit while you're in college can help make the transition into post-graduation life much easier.
Read More »Everyone loves a good bonus or raise—and we understand why! That extra income not only helps you feel rewarded at work but it also just makes life a little bit easier.
Read More »Everyone has heard of the "Dirty Dozen," when it comes to your fruits and vegetables but have you heard about the Dirty Dozen scams that are rampant during this year's tax season?
Read More »If you have debt, understand that you are not alone. It’s ok to use credit to make purchases — such as a home, furniture, or even a college education — but remember, there is a cost associated with that in the form of interest.
Read More »New Year’s Eve is always a worldwide celebration. In the U.S., people watch the ball drop in Times Square in New York City. Canadians embrace the winter with ice fishing and polar bear swims. Revelers swing flaming fireballs at Hogmanay in Scotland and the Danes smash china for good luck.
Read More »If you recently graduated from college, there’s a good chance you are carrying student loan debt. Sources report that 60% of grads leave school owing on student loans.
Read More »If you’ve recently been rejected from a credit application of any kind, you may be looking at a poor credit score for any number of reasons. You may have been late with your credit card payments, have an outstanding judgment against you or have even been defrauded or victimized by identity theft.
Read More »Retiring early is the dream. You get to spend more time with your family and enjoy your hobbies while you’re healthy enough to do so. You can say goodbye to the workday world and begin your permanent vacation.
Read More »The holiday season is supposed to be a time for relaxing and celebrating with friends and family. Sorry to be a Grinch, but the most wonderful time of the year can also prove hazardous to your health and safety. As temperatures drop and holiday activities pick up speed be sure to keep your family and property as safe as possible. Here’s what to keep in mind.
Read More »You’ve made your gift list and checked it twice. But, now you have to pay for all this stuff! What's the best way to get through this expensive season?
Read More »Home ownership can be rewarding and enjoyable. Relaxing in your yard looking at a freshly cut lawn brings a certain satisfaction you don’t feel as a renter. But, eventually summer turns to fall, and fall turns to winter. Problems start to arise, and home ownership doesn’t feel quite the same.
Read More »Black Friday and Cyber Monday can be great fun – but they can also put you at great risk… and we aren’t talking about the WrestleMania scene in the Electronics Department! Scams are plentiful on this weekend that officially marks the start of the holiday shopping season, and you don’t want a phishing scheme or a bogus bargain to turn you into the rotten Mister Grinch!
Read More »Your credit score is more than just a number and we’ve all heard it has a huge impact on our overall financial well-being. What makes up a good credit score and how does it really effect the cost of things in the future? It’s really not as confusing as it may seem.
Read More »Has someone ever sent you a check and asked you to give them some money back? Be wary! Maybe you won a prize and are told to send back a portion to cover taxes and fees. Or you get paid to be a “secret Shopper” and are told to wire back money. How about selling an item online and the buyer overpays? In all cases, you get a check and someone asks you to send them money back. That’s a scam!
Read More »Maybe you have inconsistent cash flow and you feel constricted by a budget. Or the thought of keeping cash in separate envelopes takes too much planning and makes you feel like you can’t have a life.
Read More »Share Certificate Savings Accounts are an excellent savings option. They’re NCUA-insured, offer a better dividend rate than a savings account, and they’re safer than the stock market.
Read More »Retirement?! That’s so decades away! But over and over, you hear it said, “Start planning today!”
Read More »Do you ever find yourself having a bad attitude when it comes to the topic of money? Many people do.
Read More »Did you play the Game of LIFE when you were a kid? Remember how fun it was to act grown up? Every card you drew and every move you made would determine what your future would look like.
Read More »So, you don’t have a credit score. Is that an issue? Have you done something wrong? What is the purpose of a credit score?
Read More »These little headaches all have one thing in common: They're expensive. Now, what? How will you begin to pay for this?
Read More »You’re sipping a piña colada on a white-sandy beach while the turquoise waves lap at the shoreline. You might be zip lining through the jungles of Costa Rica, or browsing a charming shop in a European city filled with exotic culture and cuisine.
Read More »Having a credit card is a virtual financial necessity these days. You need a credit card to complete many transactions and purchases. And a credit card can be an important part of developing a good credit score.
Read More »Some surprises can be fun. Others, not so much. It would be an awesome surprise to learn that you won a new car with the raffle ticket you forgot you bought. It’s a bummer surprise when the car’s “check engine” light results in a $500 repair when you can least afford it.
Read More »When you think of spring cleaning most thoughts go to outside windows, closets, flower beds and more.
Read More »You’ve heard it said before, if it seems too good to be true, it probably isn’t true. Remember this adage when you’re pitched on social media about an easy money scheme using your checking account and debit card.
Read More »Has money management been one of those things you have told yourself you will focus on someday? If you are serious about finally getting started on managing your money, a budget is a great place to start. How do you do that?
Read More »Using an ATM that’s not run by your bank or credit union will now cost you about as much as a latte at Starbucks. Not a regular at Starbucks?
Read More »Debt is not necessarily a bad thing -- unless you have too much of it. An overload of debt can ruin your financial happiness for years or even decades.
Read More »Remember when you got that first paycheck? You couldn’t wait to see how much cash you received. In fact, you probably had that amount memorized pretty quickly.
Read More »Consumers are increasingly aware of the importance of monitoring their credit. Perhaps you’re one who has used various services to protect yourself from unauthorized use of your good credit.
Read More »What happens when you and your partner have different approaches toward money?
Read More »Apple Pay, Paypal, Ebates. These are just a few examples of how finances have merged with cyberspace. We encounter these services on a daily basis; and some of us use them frequently to purchase items online or even during a quick trip to the grocery store. However, with this convenience comes safety risks.
Read More »You’ve heard it time and again – “You need to start saving for retirement, and you need to start as soon as possible.” And you have reached the point where you say, “Enough already! I’m convinced!”
Read More »Do you feel like you pay too much for insurance? Most people would say yes.
Read More »Are you in your 20s and feeling a little broke? You might be earning an entry-level salary while trying to pay off college debt. You may be living with roommates, eating pasta and bagels, because it’s cheap.
Read More »Any sensible retirement planning strategy starts with a target number. This number is how much you need to have saved for living comfortably and independently throughout your retirement.
Read More »Smartphones have become an ever-present part of our lives. Even if it’s just with you in case of emergencies, having a charged cell phone can provide a serious sense of security. That’s why, when the battery starts to tick down, a cold sense of panic rises in your stomach.
Read More »People starting out in their careers often focus on the here and now while ignoring the future. This can be especially true when it comes to finances. It can seem like you have forever to plan for the future.
Read More »How did you kick off the New Year? Did you dance until your shoes wore through? Did you get out leftover 4th of July fireworks and blast them into the midnight sky?
Read More »The New Year is a great time of renewal. That makes it a good time to make bold, decisive changes in your life. Leave behind the baggage that was 2017 and start fresh with a blank slate in 2018.
Read More »Financial setbacks come in all shapes and sizes. There are the unexpected, but not terribly surprising household and car repairs. Some setbacks are more extreme, like getting a pay cut at work or a medical emergency that isn’t covered by insurance. A financial setback can also come in the form of good news that can cost you a bundle, like a wedding or the birth of a baby.
Read More »Do you suffer from FOMO? It’s a generational phenomenon and for those not in the know, FOMO is an acronym that stands for Fear Of Missing Out.
Read More »The leaves have fallen, the nights are longer and there’s a sharp hint of the coming winter in the air. Everyone knows what that means: it’s year-end tax planning time!
Read More »When you’re mulling over a major purchase, the right price can often tip the scales.
Read More »It’s that time of year again. With holiday spending season upon us, it’s time to broach an uncomfortable subject: how to pay for all that joy and goodwill.
Read More »Tis the season for a spike in identity theft. As consumers step up their online shopping leading up to the holidays, it’s a prime time of the year for identity theft. While you are busy snagging hot deals on Black Friday and Cyber Monday, thieves are phishing for your information.
Read More »Your credit score has a huge impact on your overall financial well-being. A good score will help you to buy a new car, purchase your first home, or even take travel vacations.
Read More »It’s now easier than ever to monitor your checking and savings accounts. Want to know if a check has cleared? Just log in from your phone. Wondering when your next loan payment is due? You can find that out anytime day or night on your smartphone.
Read More »It's easy for anyone that has never been taken for a ride by a con artist to wonder how people can fall for such scams.
Read More »Have you fallen into the trap of thinking that money is the key to happiness? Maybe it’s time to take a step back and look at life differently.
Read More »Managing money is a life skill. When is it worth spending? How do you keep spare change from burning a hole in your pocket?
Read More »When you’re just starting to make your way in life, it doesn’t take long to realize that credit is going to be necessary to financial survival.
Read More »Move over, breakfast! Lunch is the new king: recent studies show that taking a lunch break helps productivity in the afternoon and avoids long-term burnout.
Read More »Understanding your credit score can be confusing. Knowing how to make your score better can also be hard to comprehend, and frustrating.
Read More »Consumer debt in the United States has totaled $3.4 trillion, with the average household maintaining a staggering $16,048 in credit card balances. Often unexpected circumstances force people to use credit cards to finance their lifestyles. This “strategy” could lead you to a significant level of debt and a low chance of repayment.
Read More »It’s summertime, the living is easy …, and so is the scamming! Scammers don’t take the summer off. In fact, some scams ramp up during this time of year, with predators out there waiting to prey on unwary vacationers.
Read More »There are times throughout the year when you may feel a strain on your budget. Summer can be one of those times as you start to pay for home maintenance, new clothes for the kids, and even just for fun.
Read More »What steps have you taken to better your chances of a successful life?
Read More »You probably have that one friend who constantly bugs you about putting a security lock on your phone, in the form of a passcode, or enabling the fingerprint reader to protect you.
Read More »Have you ever signed a document without reading or understanding everything you were signing?
Read More »A college education can cost tens of thousands of dollars -- or more. However, there are ways to make your diploma dollars go farther.
Read More »Are you keeping the three smart money laws? You should, because if you do these three things, you could have no financial worries. Really!
Read More »Summer is just around the corner, and that means peak wedding season is too. According to a new report by a leading wedding magazine, The Knot, the average American wedding cost has tipped the $35,000 mark. That's more than half of the yearly median income!
Read More »Gone are the days when making deposits, withdrawals, etc.—meant you had to stand in line, and wait patiently (or not!) for the services of a teller. Today, we have lots of options when it comes to financial transactions.
Read More »There is a weird dichotomy with college students. On the one hand, they are very creative with saving money. We’ve all hear stories of surviving on a food budget of $3 a day to living a whole semester rent-free by sleeping in a van and showering in the school gym.
Read More »With the number of computer hackers working daily to access consumer data, it may be difficult to escape being part of a credit or debit card compromise. When it happens, how are you affected and what can you expect?
Read More »So you might have already heard a thing or two about the new CardNav mobile app by CO-OP, and maybe even registered your Genisys Credit and Debit MasterCard.
Read More »The first few months after you bring your baby home is an exciting time that can also be a bit stressful. It’s easy to get caught up in sleepless nights, organic baby food and reading every book you can find.
Read More »A chill in the air can be invigorating, but not when it is in your house. That indoor cold wave is usually the result of a broken down furnace.
Read More »Your purse can become a lot like a junk drawer you carry around. It’s cluttered with loyalty cards, coupons, cash, checks, store credit cards, credit cards for gas, credit cards for everyday purchases and a host of identification cards.
Read More »The big game is here, and while we may not be able to agree on the toppings for the halftime pizza, we can agree that we’re watching the game.
Read More »One of the perks that often comes with employment is a 401(k). These tax-deferred retirement packages are the principal retirement vehicle for just over half of all people in the United States.
Read More »Folks commit themselves to radically changing their lives at the start of the calendar year. About 45% of people make New Year’s resolutions in the average year, and most have to do with health.
Read More »You did not plan on it. In fact, you worked to prevent yourself from ever being in this position. One thing happened after another, and now you find that you may not be able to make your car payment. What should you do?
Read More »For many young adults, their first experience with debt comes when they need to consider loans to finance their education.
Read More »The holidays are a time of family togetherness and celebration. Scammers know you’re distracted, busy, and emotional. That’s why their schemes typically get a new twist around Christmas time.
Read More »You may already know the many benefits of Genisys Credit Union membership like low rates on loans, free checking, and convenient mobile and online banking services. But there are some you may be missing out on.
Read More »There is one thing you can start doing this year to take away a lot of stress in your 20s, and that is to minimize your student loan burden.
Read More »It’s that time of year again! The nights get longer. Haunting winds rattle shutters and swaying trees cast spooky shadows in the moonlight. It’s time to tell ghost stories!
Read More »Football has begun, the leaves are changing, and the kids are back in school. Clearly, it’s time to start thinking about Christmas.
Read More »Our phones are our lifelines to everything we do. We take pictures with them; call and text message friends and family, and of course, stay connected to our social media.
Read More »Let’s see if this sounds familiar….”you need at least one lower case character, one upper case, a number, a special character, etc…”.
Read More »The lazy days of summer are here, and now is a great time to get a copy of your credit report and go over it with a fine-toothed comb.
Read More »Do you find your credit card statement a confusing word salad? With so many government regulations required on the statements, the only part of it that’s easy to understand is the “payment due”!
Read More »If you are raising children, you likely have one wish in common with many other families: for your kids to have the same opportunities you have had, if not better. You also understand that education is a primary key to opportunity.
Read More »When we think of ransom, we typically think of a black-and-white movie with a kidnapper leaving notes made from a variety of newspaper cuttings. Today, ransom is much less melodramatic, much more common and targets something you might not expect: your computer files.
Read More »For many of us, a savings account is a formality. Did you get a bonus once and put $50 in a primary savings account to get things started? What happened next?
Read More »Back in the day, merchants had a “Wall of Shame” posted behind their registers. If you gave them a bad check, the store owner received your red-stamped insufficient funds check back, and it was posted for all to see on the “Wall of Shame” behind the counter. From then on, you were banned from check writing at that establishment.
Read More »Prince’s recent death shook many people. Soon after, we were surprised again by the revelation that there was no will to distribute the artists’ vast amount of wealth and assets.
Read More »You’ve completed your last paper, crammed for your final exam, and listened to one last boring lecture. You’re now a college graduate. Congratulations! Now, what’s next?
Read More »Let’s clarify one thing – we are NOT talking about a card for a bag of Doritos.
Read More »Having a credit card is a virtual financial necessity these days. You need a credit card to complete many transactions and purchases. And a credit card can be an important part of developing a good credit score.
Read More »Another tax deadline has come and gone. Did you enjoy a nice big tax refund? Free money, right? Whoa … let’s hold that thought for a moment.
Read More »That’s right, they’re back! Scammers are using tax time to take advantage of the unwary. So let’s take a look at the “new and improved" 2016 lineup of IRS scams
Read More »You did everything you were supposed to. You saved long and hard to develop an emergency fund that financial experts tell you to keep. Then the unexpected occurred.
Read More »The old saying of “it’s too good to be true” should be your battle cry when you do anything on the internet including reading your email.
Read More »You’ve decided it’s time to stop fooling around and to start getting serious about managing your money. Your first step is making a plan, otherwise known as a budget. Where do you start?
Read More »Apple Pay, Samsung Pay, and Android Pay - OH MY! Why do I need a digital wallet when my old-fashioned wallet is working just fine?
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