Building a Budget

Building a Budget Budgeting helps you make smart decisions with your money. It ensures that you’re spending less than you earn, it prepares you for life’s curve balls, and it funds your goals and your dreams. Unfortunately, budgeting is often seen as restrictive and overwhelming. Financial priorities are deeply personal, so it can be challenging […]

Making Money

Making Money What do you want to be when you grow up? If you want your career dreams to come cure, be sure to think about three things: Income is the money you earn when an employer hires you to work at a job Skills are the things you do well. Some skills come naturally, […]

Spending Money

Spending Money We all have to make choices about how to spend our money. Before you buy something, think about whether it’s a want or a need. A need is something you must have in order to survive Food Water Shelter A want is something you would like to have, but you can live without it […]

Giving Money

Giving Money For most people, spending comes naturally. Saving up for something special is harder. And  setting money aside for giving is really hard. The concept of three money jars can help. Each jar represents an activity: spending, saving and giving. When you receive your allowance or a gift of money, divide the money up and put it in each of the […]

Know Your Credit Score

Know Your Credit Score Errors on your credit report can negatively affect your credit score and ability to get a loan, rent an apartment and even get a job. Monitoring your credit score regularly can also protect against identity theft and fraud. Here at First Credit Union – your financial well-being is our number one […]

Borrowing Money

Borrowing Money Borrowing money allows you to buy something now and pay for it later. There are different ways to borrow money: Credit Cards Loans Borrowing money costs you more because of interest. Interest is the price you pay for using someone else’s money. For example – you want to borrow $100 from the bank or credit […]

Growing Money

Growing Money Investing can be rewarding, but it’s also risky A savings account is a great place to store your money at first. It’s safe and it pays a little interest. Growing your money requires that you move some of it into investments with a higher rate of return such as term share certificates. Many financial experts […]