As someone who’s old enough to read this blog, you likely have some experience with spending and earning money. Whether your experience is big or small, most people have developed a common set of beliefs or understandings about money by the time they reach adulthood. How accurate are your ideas? And could a change in perspective help you better reach your financial goals?
You’ve likely heard about credit scores before (thanks to all those commercials with terrible jingles), but what do you actually know about them? How long have they been around? And what’s the deal with checking them?
Cash, check or card? Debit, credit or prepaid debit? You make this decision so many times a day that it might seem common and unimportant. After all, different forms of payment are just different ways to access funds, so what difference does it really make if you put your breakfast sandwich on credit instead of debit?
Budgets are like the New Year’s resolutions of personal finance. We all know we should have one and we all know it’s a fairly simple thing to follow—at least in theory. Like resolutions, we often map out personal budgets with the best of intentions, only to abandon them a couple of weeks later.
Has the steady employment you depend on suddenly come to an end? Many Alaskans are finding themselves in unsure waters these days as our job market changes and the economy adapts. If your own job is ending or at risk, there are steps you can take to prepare for the future! Act now before your bank account suffers – and remember that you always have a helping hand at Credit Union 1.
The beginning of the New Year was very busy for CU1! We volunteered 551 hours which equals about five months of a development officer’s salary for most of our nonprofit partners in Alaska! Perhaps the most exciting and popular volunteer opportunity was the Alaska SeaLife Center Marine Gala on February 13th. Nine of us were responsible for checking guests in, collecting valuable donor information and checking guests out. While this is a lot of responsibility and trust, we were so excited to do it! We even got to dress up in formal suits and nice dresses, fancy!
Recently, Alaska’s economy has faced a variety of changes. For some folks, this means a job lay-off, pay changes or other uncertainty – and no matter your age or career status, this type of change is never easy. Thankfully, when life throws you a curveball, you’re not alone! As a CU1 member, we want to make sure you have the help you need. With lots of options to protect your credit, security and overall well-being, you’ll rest a lot easier while forming a plan for the future. Check out a few ways we can help:
Alaska is one of the most rugged and beautiful places on earth – and one of the best ways to engage with this scenery is by BOAT! We have wide open waters, winding rivers and loads of lakes for recreation. Ready to dip your toes into boat ownership?
Take a look at the amazing Alaskan sights you could explore anytime, from the helm of your very own vessel:
With the new year in full swing, we’re going to go out on a limb here. Do you have a bit of aging credit card debt you’d like to wipe off your slate? DON’T WORRY! It’s totally normal to want a fresh start. Plus, if you’ve chosen your existing credit cards wisely, you won’t pay an arm and a leg in interest as you work toward paying down your balance. The question is: how do you choose the right card? Main priorities should be your interest rate, terms and any associated perks of the card (such as One for All Rewards).
Take a look at a few different options below:
CU1’s altruistic culture really shined in 2015. We volunteered for various nonprofits from Best Beginnings to the Interior Alaska Cancer Association. Throughout the year, we volunteered 4,522 hours! This equals two full time and one part time development staff members for most Alaskan nonprofits! Volunteering on this level truly makes an impact in our Alaskan communities and we’re so proud to be able to help out in such a meaningful way!
Topics: Giving Back