As a Credit Union 1 member, you also have the elite title of being co-owner of our organization. We exist to serve you and your financial well-being, which is why we also love to hear and implement your feedback! Many CU1 members have shared ideas about the e-Services we offer, which is why we're excited to announce several recent updates.
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?
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.
Lately, you may find yourself exhibiting a few unfamiliar behaviors, such as snuggling up in blankets, sipping on cocoa or silently cursing your car in the morning. Don’t worry, folks. Winter is here, and we can survive it together! While many people dread the snowy season, there is one undeniable bright side: ‘tis also the season of GIVING! Each of our upcoming holidays celebrates the spirit of saying “thank you” to the ones we love, the ones who help us enjoy each day, and our Alaskan community. If you’ve ever struggled with how to express thanks to these important people, you’re in luck! The CU1 team has collaborated on great gift ideas for all the “helpers” in your life. Below is a brief list of guidelines to get started. Next, move on to our Pinterest board for visualization of more great ideas!
The new school year is upon us, and if there are kids in your home you’ve likely been knee-deep in school shopping. New clothes, shoes, graphic calculators – the list goes on! Unfortunately, as that shopping list grows, your wallet is likely cringing with dread. Back-to-school can be pricey, but a sound strategy can make a HUGE difference. Check out a few things we’ve learned from our own school shopping exploits (as well as some wisdom our mommas shared, because that’s the best kind!).
1. Save last year’s supplies!
Remember that wad of half used pencils and pens that still have ink in them from last school year? Use them, don’t replace them. This strategy is good for the wallet and GREAT for the household junk drawer.
2. When you shop online, nobody notices if your child has a meltdown.
We’ve all been there. You’re stocking up on school supplies and your kid loses it in the middle of the store. #Embarrassing. Save yourself the stress of a stand-off and
Alaskans experience a unique phenomenon in the summer: we suddenly have energy to GO GO GO without sleep or sustenance! If you’ve ever caught yourself mowing the lawn or grocery shopping at 11pm on a sunny weeknight, you know what I mean. Although this energy can feel dangerously close to crazy-town at times, it’s also a great way to accomplish more than you normally would.
With summer winding down, it may be time to harness your amped up motivation and tackle those DIY projects you’ve postponed (for dipnetting, mountain climbing, summer concerts and all the other cool things you do!). Could your home use new windows or doors? Have you had a bathroom addition on your mind, or are you hoping to sell in the spring and need to make improvements beforehand? These projects have DIY written all over them (or hey, you could use a contractor too – no judgement).
Before you get started, there are a few important things to know. Not all home improvement projects are created equal – meaning that not only do some take more time or money, but some will give you more or less return on your home’s overall value. So don’t choose your project too hastily! It’s important to balance the fuzzy-good-feeling “value” that a project will give you (because a new deck would be AMAAAAZING!) versus the monetary value you’ll retain. Check out the cool info below to learn which projects pay off the best versus which can be total duds. And good luck getting your DIY on!
Alaskans love to celebrate. Whether it’s a traditional holiday or our unique attention to the summer solstice, we don’t miss a chance to throw a party! Birthdays are a fabulous thing, especially for Alaskans who do two (among many) things very well:
Have you ever wondered why creating a budget is so easy, while sticking to that budget is so hard? One common pitfall when it comes to budgeting basics is forgetting to account for all expenses. Sure, your car payment and mortgage are easy bills to remember – but what about smaller items like the amount you pay for your gym membership or babysitter? These are monthly costs that affect your bottom line, and adding them to your budget will help you stay on track. For more tips and tricks, read on!