No Place Like Home Equity
Posted On: May 4, 2023 by CSE Federal Credit Union in: Budgeting, CSE, Education, General, Mortgages
No Place Like Home Equity
Home equity is the difference between the value at which your home has been appraised (or the market value) and the remaining outstanding balance you carry on your mortgage. With the rise in home prices that we’ve seen in recent years, you may be surprised to find the equity in your home to be greater than you think. This equity can be a valuable asset that you can use in a variety of ways to improve your financial situation.
There...
Save Green by Going Green
Posted On: May 2, 2023 by CSE Federal Credit Union in: Budgeting, General
Save Green by Going Green
Earth Day (or Earth Month) comes around once a year, but it’s important to consider living a lifestyle where it’s ‘Earth Day Everyday’. Did you know, with a mindset and a lifestyle where Earth Day is Every Day, you could actually be saving a lot of money?
So how can you save green by going green? Let’s dig in…
Understanding the 2021 Child Tax Credit
Posted On: September 10, 2021 by CSE Federal Credit Union in: Budgeting, Education, General
Taxes and deductions can be complicated, especially when tax credit eligibility constantly changes. For families with children, understanding what child tax credit assistance is available and how it will be distributed provides helpful insight on how best to optimize personal finances.
Recent changes to the Child Tax Credit expand its reach to help more families for the 2021 tax year. Advance payments, based on 2020 returns, began rolling out in July 2021 and will continue...
Mid-Year Financial Check Up
Posted On: June 21, 2021 by CSE Federal Credit Union in: Budgeting, CSE, Education
You spend your time on social media, watching Netflix, scrolling TikTok, and a number of other relaxing, yet frivolous things. Those are all great, however, we want to remind you that you need to save some time to actively managing your finances. Generally, we are more likely to keep tabs on our physical and mental health but studies have shown your finances can make a huge impact on your stress levels which eventually impacts your health. Digging into those financial matters...
Keeping Vacations Practical for Your Budget
Posted On: June 1, 2021 by CSE Federal Credit Union in: Budgeting, Education, General, Lending, Personal Loan
As exhilarating as the idea is that you should ‘treat yourself’ on vacation, sometimes, it is probably not the right choice to make. If you don’t want to come home with sickening credit card bills, or a cash deficiency we encourage you to consider budgeting for your vacation.
Saving for a vacation doesn’t happen overnight. The best place to start is with a little account that we call a Vacation Club. This is a sub-account attached to your membership...
10 things anyone can do to stay out of debt
Posted On: October 19, 2020 by CSE Federal Credit Union in: Budgeting, Education, General
We’ve all been there, whether it be an accumulation of credit card debt, getting behind on bills because of a job loss, or so many other scenarios. Debt can add up quickly and it can be overwhelming. It’s easier to stay out of debt by making simple changes, than digging your way out. Here are 10 things anyone can do to stay out of debt, and that means you too!
Make better “payment” choices. If you are using a credit card and working to pay down...Getting back to normal after the COVID-19 crisis & revamping your finances.
Posted On: June 9, 2020 by CSE Federal Credit Union in: Budgeting, CSE News, Education, General, Lending
The COVID-19 crisis has affected every single one of us, though it’s level of impact varies. Some of us were financially prepared for a situation like what we just went through, others were not. For all of us, now is a great time to assess where we were, where we are, and where we want to be in our financial lives as we recover from the COVID-19 pandemic.
Financial prosperity in a post-crisis world may seem unlikely or even unattainable. If you’re finding that it's time...