Where To Get Free Financial Advice

by Pam on September 7, 2017

At some point in time, most people need a hand with their money in some shape or form. From needing help to cover a few bills to the issues that can come with legal or medical fees, finance is never easy. This makes people feel alone in a confusing and scary world. But, it doesn’t have to be this way. Instead, you just need to find some ways to get support with your money, and this post is here to help. It will be going through some of the best resources you can use to support you with your money, along with some examples of times you may need them.
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There are so many financial decisions you’re going to have to make in your life eventually. So you need to make sure you aren’t scared of the important ones. Don’t worry too much about every decision you have to make. As long as you are sensible and think carefully about what you’re doing, you have nothing to worry about.

Sort Out a Pension

You have to do as much as you can right now to make sure you have your future sorted out. There are a lot of things you can do to achieve that. And the best way of working towards it is to think about saving for a pension. This is a vital part of planning for the future and making yourself more financially comfortable. But, you also need to make sure you make the right choice. Many people see pensions as a gamble, so they are reticent to even consider them. But, if you focus on choosing the right one you’ll have no immediate problems.
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5 Major Benefits Of Joining A Credit Union

by Leon on January 17, 2014

Credits unions are often a hazy concept to people who have either never heard of them, or to people who buy into the idea that credit unions aren’t real banks. When it comes down to it, the major banking institutions want people to believe that credit unions aren’t real banks – or else people would start flocking to credit unions. However, the truth is that credit unions can often be a welcome alternative to the big banking experience and some credit unions, like 1st Financial Federal Credit Union, can offer benefits and advantages that the big banks just can’t offer. Here are five major benefits of joining a credit union.

You matter. When you start an account with a credit union, you essentially become a member. While big banks have multiple stock holders and executives, a credit union only has the people banking with their institution. This means that when you walk into a credit union, you get treated with the utmost respect and the money you have invested in your accounts is respected too – often with no hidden fees. Most big banks are riddled with hidden fees.
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use multiple bank accounts to save for your goalsDo you know anyone who has two savings accounts? Do you know why they have two savings accounts? Did you know that many financially savvy people do this in order to stash their money away in places where they don’t have quick access to it?

So, why is having more than one savings account beneficial? The reason this is beneficial to you is because you can save money in different places in order to meet different goals. For example, if you want to save for a vacation sometime in the future, then you can use one of these accounts as your vacation savings account.  Let’s say you want to save for college as well, this is where the other account will come in handy. What you need to understand is that by putting money into a separate account for a certain purpose is a really great way to save, and in fact, it makes saving easier as you will be able to see your progress more easily.
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3 Ways To Avoid NSF Fees

by Pam on December 17, 2012

What are NSF fees?

NSF or nonsufficient funds fees are charged by your bank if you write a check and it bounces due to lack of funds.  Most banks charge a fee of $40 or more, so this is definitely a fee you want to avoid.

You can prevent NSF fees by doing the following:
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Five Reasons To Use Online Banking

by Pam on December 6, 2012

Although most people now are taking advantage of doing their banking online, there are still many out there who are afraid to take the plunge.  They may think it’s not secure enough, or they may have just gotten used to paying their bills by mail or with a teller.  I am a big fan of online banking, and here a few reasons why:

1.  Online banking is a great way to pay your bills.

Most, if not all of your bills can be paid online through your bank’s online banking.  It only takes about a minute to set up a payee initially, and then your online banking will remember your bill information for the next time you need to pay your bill.  Paying your bills online ensures that your bill gets paid on time and it is a lot quicker and cheaper than sending your payment by mail or going in person to a branch.
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