Category Archives: Saving
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
Five Ways to Turbo-Charge Your Car Shopping Process
According to a consumer survey conducted by the Ohio Credit Union League, more than 23% of Ohio consumers are considering purchasing a vehicle this year. And rather than pay cash, 83% are more likely to finance that vehicle. When asked what factors respondents considered when vehicle shopping: 67 percent said monthly payment is the biggest… (read more)
Posted In: Saving
How Can Sticking to a Budget be Less Problematic?
While many Ohio consumers plan to start 2017 off with a household budget, sticking to that budget may pose a problem. Data from a consumer survey conducted by the Ohio Credit Union League reveals 75 percent of respondents plan to start the new year off with a household budget, but 45 percent of those respondents… (read more)
Posted In: FFCCU News and Info, Saving
