FFCCU Blog
Compounding: The Power of Saving Now
You know how important it is to save, but did you know it’s also critical to start saving now? Starting to save today, and not in two days, two weeks or two months can make a huge difference. Nichole Coyle, CERTIFIED FINANCIAL PLANNER™, talks about compound interest, its benefits, and why you should start saving… (read more)
Posted In: Guest Blog, Saving
5 High-Speed Tips to Boost Your Savings Goals
Do you struggle to save? If so, you’re not alone. According to a survey from GoBankingRates, only 5% of Americans have $10,000 – $20,000 in their savings account. Add in inflation and student debt, and sticking to a savings goal is becoming harder. However, even setting aside a minimal amount each month can go further than… (read more)
Posted In: Saving
Five Easy Tips to Make the Most of your Summer Vacation
Travel is finally back in full swing; something we can all be thankful for this year. While staycations and remote-working vacations have been all the rage since 2020, pre-pandemic vacationing is making a comeback in 2022. According to Booking.com, 60 percent of travelers from a 24,000-person survey claimed they are looking to meet new people… (read more)
Posted In: Tips For Managing Finances
How a 529 Plan Could Help You Save for Higher Education
May 29th is National 529 Plan Day. In celebration, Nichole Coyle, CERTIFIED FINANCIAL PLANNER™, breaks down the details of a 529 plan and the advantages and disadvantages of using one to save for education expenses. You may have heard the stats – Americans owe nearly $1.75 trillion in student loan debt, spread out among about 43 million… (read more)
Posted In: Guest Blog, Saving
5 Reasons a Budget Might be Wrong for You
While countless financial articles advise keeping a monthly budget, many people don’t find budgets to be an effective way of managing money. In fact, a survey from Gallop shows that only 1 out of 3 Americans have a structured budget. A budget is typically a very smart idea if you tend to overspend or are… (read more)
Posted In: Saving
Get A New Motorcycle for the Summer with These Five Tips
Summer is a great time to start looking for your next ride. As the weather heats up, you won’t want to miss the feeling of a warm breeze on your face as you casually cruise through park roads. Here are five steps to take to get the bike of your dreams and the motorcycle financing… (read more)
Posted In: auto loans, Tips For Managing Finances
Teaching Financial Literacy During National Credit Union Youth Month, Part 2
In honor of National Credit Union Youth Month, we’re back with part two in our series about youth financial literacy. This week, certified financial planner™, Nicole Coyle, shares tips to get your teens participating in their financial future. Want tips for younger kids? Check out last week’s post here. Financial Literacy for Tweens and Young… (read more)
Posted In: Guest Blog, Ignite, Sparky's Kids Club
Congratulations to Our 2022 Ignite My Future Scholarship Winners!
Picking the scholarship recipients every year is a difficult job. With so many exceptional candidates, it is never an easy task. However, we are grateful for all the students that applied. And without further ado, here are the 2022 Ignite My Future Scholarship winners: Grace Koehler Grace is a senior at Medina High School. She… (read more)
Posted In: FFCCU News and Info, Ignite
Teaching Financial Literacy During National Credit Union Youth Month, Part 1
Welcome to part one of the National Credit Union Youth Month blogs! Every April, credit unions around the country celebrate this month as a way to get kids involved in finances. Over the next two weeks, Nichole Coyle, Certified Financial Planner™, explains how to get your kids excited about saving and budgeting. Teaching children about… (read more)
Posted In: Saving, Sparky's Kids Club, Tips For Managing Finances
Outdoor Toys: How you Can use a Recreational Vehicle Loan for so Much more Than a Motorhome
Have you had your eye on a motorcycle or been itching to buy a jet ski? Maybe you’d love to go off-roading in an ATV, but you wonder how you’ll pay for it. The answer: a recreational vehicle loan. You may have thought these loans were just for big motorhomes or RVs. If so, think… (read more)
Posted In: FFCCU Services, Lending
