Does a new car top your holiday wish list?

Life Goals Spending/Saving

If you’re looking to drive into the new year on a new set of wheels, the timing is right to save some money on this big purchase! According to Kelley Blue Book, you can benefit from both year-end sales events and, if you wait until the end of the month, automakers and dealers looking to meet monthly sales targets. But according to Automotive News, more Americans are likely to turn toward a used car for their next purchase. Both escalating…
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Paying for College with Midwest Community

Life Goals

Our congratulations go out to the Class of 2019 and their parents! Preparing for college is an exciting time, but it can also be stressful as you start to tally the costs. College is expensive! Before you get overwhelmed, take a deep breath and walk through the process one step at a time.   How much will it cost? By now you have probably received a financial aid award letter from your college of choice that outlines your Cost of…
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Sticking to Financial Resolutions

Life Goals Money Management Spending/Saving

Ohioans, like most Americans, entered 2019 hoping to better their finances, but many have likely already fallen off track. In an Ohio Credit Union League 2019 consumer survey, 69 percent said their New Year’s resolution was to get on a budget. That statistic isn’t surprising; many Americans looked critically at their financial situations as they headed into 2019. Statista, a platform providing statistical data on a variety of topics, polled 2,000 people about their New Year’s resolutions in early January….
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Why it’s never too early to start saving for a down payment

Life Goals Money Management Spending/Saving

The best advice my mom ever gave me was, “Pay yourself first.” Pay yourself first What does that mean? Every payday, put some funds straight into savings – before you throw that cash at other expenses or purchases. Now, it doesn’t mean you should ignore your bills. Obviously, you need to pay your rent and make your car payment and all the rest. But if you set yourself an aggressive monthly saving goal, paying yourself first can help you avoid…
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6 ways to prepare for retirement

Life Goals Money Management Spending/Saving

Planning for retirement can be daunting, leaving even the most-prepared individuals feeling anxious. In an Ohio Credit Union League 2018 consumer survey, 92 percent of respondents said they had at least one major financial concern about retirement. A majority of the survey’s respondents, about 74.6 percent, don’t plan to retire from full-time employment in the next five years, if ever. Ohioans’ financial fears surrounding retirement vary. Most, 27.5 percent, fear they won’t have time to save what they need. Another…
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Life Hacks for Saving

Life Goals Money Management Spending/Saving

Saving money, especially when you’re young, can be challenging. But, that doesn’t mean that you can’t manage your money like a BOSS! With today’s technology, literally at your fingertips, there is no reason why savings and spending should go unmanaged. Right now, Millennials are stepping into or are a few years into the beginning of their careers. Managing bills, a new job, new expenses, and oh, yeah, that college loan can be daunting, but not unruly. Track Your Spending Mobile…
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Why healthy relationships require financial communication

Life Goals Money Management

Everyone knows communication is key to a happy marriage. Couples love talking about their future together and exciting vacation plans, but avoid the tough conversations like finances. In fact, 91 percent of Americans said they actively found reasons to avoid discussing money with their partners, according to an American Express Spending and Saving Tracker poll. Even though they’re not communicating about money, couples are stressing about it. A Money Magazine poll found four out of five spouses believe they’re on…
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Million-dollar Savings Celebration!

Life Goals Money Management News

We’ve got some exciting news to share! Over the course of the last year, we’ve been on a mission to save our members as much money as possible through our “Get Moving, Get Saving” campaign. We’ve helped many of our members save thousands of dollars in interest when they switch their high-interest loans to a lower interest rate with us. We’re happy to announce we’ve now saved our members over ONE MILLION DOLLARS in interest on their loans! That’s big news!…
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Senior Year – Preparing for College

Life Goals

As a high school senior, you are likely looking forward to spring break, graduation, and of course college! While your senior year is a time of celebration and making memories, it can also be stressful as you look ahead to your college journey. By now you have applied to your top choice colleges and should be receiving acceptance and financial aid information soon. So what’s next? Reviewing Financial Aid Packages For many students and families, the amount of financial aid…
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Students! Win $5,000 Toward College!

Life Goals

OCUF Annual Video Scholarship The Ohio Credit Union Foundation believes in lifting up student CU members who are moving on to higher education through its annual video scholarship. Students can submit a short video for the chance to win $5,000 towards college. Applications are being accepted from Feb. 1, 2018, through Monday, April 30, 2018. To qualify for the video scholarship, student applicants must: be at least a high school senior; be a member of an Ohio-based credit union; and…
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