FFCCU Blog
Car Ownership vs. Ridesharing
Ridesharing or owning a car. Transportation accounts for 17% of an average American’s spending. This is inconsistent with what financial counselors typically recommend, which is to limit transportation costs to 15% of one’s income, max. And it’s only getting worse! In 2016, the average monthly payment on a new car surpassed $500 per month for… (read more)
Posted In: Tips For Managing Finances
Do You and Your Money Care About the Same Things?
As the old adage goes “Actions speak louder than words.” On the topic in question, it is fair to say spending is an action that implies values. Which explains why the nature of finances can be so personal, and challenge us to ask the question, what do we value? Is it: Family? Friends? Health? Happiness?… (read more)
Posted In: Tips For Managing Finances
Is It Always Best to Pay Off Credit Cards Before Saving for Retirement?
Which is Better: Paying Off Credit Cards or Saving for Retirement? Benefits of Paying Off Credit Cards First Credit cards usually mean high-interest debt, and the longer you take to clear it, the more you’ll pay in interest. Here are some key reasons why you should pay off credit cards first: High-interest credit card debt… (read more)
Posted In: Saving
Another FREE Benefit for Members!
Membership at FFCCU has tons of perks and benefits, including this one! For years, we’ve offered the services of Accel, a financial assistance partner., to our membership. Today, we’re happy to announce that Accel is now part of GreenPath Financial Wellness. Now we’re able to offer members even more support to ensure they accomplish their financial… (read more)
Posted In: Member Perks, Tips For Managing Finances
Relationship Goals: 5 Ways To Keep Your Marriage Out Of The Red
It’s no secret that weddings are expensive; you plan for months, and when you return home from your honeymoon, the excitement of living your lives together begins with paying off wedding debt. For 62 percent of Ohioans, this means discussing finances as a couple for the first time, according to the Ohio Credit Union League’s… (read more)
Posted In: Dare2Compare, FFCCU News and Info
How Much Do You Spend on Gifts?
As soon as Thanksgiving dinner is over and we’re all nursing a food hangover, we’re encouraged to get out and get shopping. A lot of us end up shopping for ourselves of course. After all, who can resist some of these deals? They’re technically good investments, right? And, of course, some of us take the… (read more)
Posted In: Tips For Managing Finances
Protect Yourself From Holiday Scams
With the holiday season in full swing, fraudsters are at the edge of their seats ready to steal your information. Shopping is now at its peak for the year, both in stores and online. But don’t forget about all of the other avenues where you could fall victim to holiday scams. Traveling for the holidays… (read more)
Posted In: Tips For Managing Finances
Live a Financially Healthy Life with Accel
Accel is a program provided by GreenPath, Inc., a non-profit financial wellness organization that was founded in 1961. As a member of FFCCU, you have access to Accel’s certified experts who will help you live a financially healthy life. One of those experts is Bill Fowlkes, part of the GreenPath Partner Relations team that works… (read more)
Posted In: Member Perks, Tips For Managing Finances
Looking To Buy A Used Car Or Truck?
FFCCU and Enterprise Car Sales have teamed up to provide quality used cars with competitive auto loan rates to help make finding your dream car easy and affordable! We talked with Duane Luke, Enterprise’s Area Car Sales Manager for Northern Ohio, to find out more about their car sales program and how they differ from… (read more)
Posted In: Lending, Member Perks
Know Your Credit
People often have old debt with high-interest rates that may have seemed like a good deal in the past, but things can change. After improving a credit score, getting a raise, or just budgeting differently, you may find those rates are higher than you deserve. This could be costing you more and more money each… (read more)
Posted In: FFCCU Services
