showing entries tagged "budget"
October 17, 2022
by: banzai
by: banzai
Savings Accounts
If you're building an emergency fund, saving for a big purchase, or getting money together to invest, using an insured savings account can put you on the right road.
October 7, 2022
by: IAMT
by: IAMT
Use Psychology to Build a Budget You’ll Stick With
When you start looking for financial advice (or any kind of advice, for that matter), experts will share their take on what’s “good” and what’s “bad.” In personal finance, there are some classifications that we can all agree on: Debt is bad. Emergency funds are good. Overdrawing your account is bad. Earning interest on your savings is good.
August 3, 2022
by: IAMT
by: IAMT
College Budget Breakdown
Most people ask, "How much does college cost?"—that’s the first mistake. It’s not to say this question isn’t answerable, but grouping college into one huge expense can be a little deceiving.
June 16, 2022
by: IAMT
by: IAMT
How to Stop Lifestyle Creep in its Tracks
Have you ever caught yourself daydreaming about all of the amazing lifestyle changes that await you just beyond your next pay raise? Have you ever fantasized about how to spend a work bonus, only to have the money instantly disappear into your monthly spending? If this sounds familiar, you might be prone to lifestyle creep.
May 27, 2022
The Dos and Don’ts of Debt Repayment
Consumer debt is an extremely contradictory part of our personal finances: it’s at once common and incredibly personal. According to numerous sources, the majority of US adults owe money in some way, shape or form—and yet what this consumer debt represents can vary drastically from person to person. To some, a debt might signify a major accomplishment or progress toward a large goal. To others, it might be a constant reminder of a time of crisis or hardship. The decisions that lead us to consumer debt can be thoughtful and deliberate, or rushed and misguided. It is perhaps these differences that make it challenging to talk openly about debt for fear of judgment.
May 18, 2022
by: IAMT
by: IAMT
Living On Your Own And “Bill Time”
Living on your own for the first time can be empowering. It means having independence and all the things that come with it. Some of those things—like not having to share a bathroom—are wonderful. Others—like killing spiders yourself—are not so fun. And leading the pack in the not-so-fun category: bills.
December 23, 2021
Are Checks Obsolete?
Checks hold an odd place in our personal finances. In many ways, checks seem like relics from a previous era. We maybe write one or two checks a month (usually for rent or similar bill-paying situations where electronic payment simply isn’t an option). This is vastly different from only a few decades ago, when checks represented more than 85% of all non-cash retail payments. (Can you imagine whipping out a checkbook in line at the grocery store? Times have certainly changed!)
September 22, 2021
by: SavvyMoney
by: SavvyMoney
Budgeting from Halloween to Christmas
Retail sales during the November - December 2020 holiday season grew at an unexpected high rate of 8.3%. Sales are expected to grow again in 2021.
August 9, 2021
by: Banzai
by: Banzai
Emergency Funds
One of the most effective tools for preventing a large-scale financial disaster is an emergency fund, an amount of money that is set aside to cover unexpected expenses, or to keep you afloat if no regular income is coming in.
November 20, 2020
by: Emilee Shostrom
by: Emilee Shostrom
3 Tips to Avoid Holiday Spending Regret
Spending money during the holiday season can be a rush of adrenaline when imagining how much your loved one will enjoy the gift you just bought for them. But sadly, that feeling goes away in January, when you might question if you should have purchased that gift or spent that much. Kohler Credit Union is here to offer a few tips to avoid any spending regret you might have after the joy of the holidays wears off:
