4 Ways To Manage Your Money More Effectively
Not having positive money management habits can have a severe impact not just on your current finances but also on your future finances. Creating and sticking to good habits can […]
Be Aware of Online Dating Scams
During the COVID-19 pandemic, many people are trying online dating for the first time. Unfortunately, scammers are looking to take advantage of that. Especially during Valentine’s Day and the season […]
Transitory Inflation? Not Anymore.
If you weren’t paying close attention, you might have missed it. Fed Chair Jerome Powell dropped the word “transitory” when describing inflation during his recent testimony to Congress.1 Powell had […]
Be More Diligent Than Ever
In April of 2020, I created a procedure to help GBFCU employees report fraud incidents with our members. As of December 31st, 2021, 228 claims and cases have been closed. […]
Year-End Tax Planning Tips
Everybody wants to save on their taxes. If you think tax-saving strategies are too complicated, you could be missing out on tax savings. There are a few simple tax-saving strategies […]
Watch Out for Fraud This Holiday Season
It’s the most wonderful time of the year! But as you begin your holiday shopping and party prepping, scammers are ready to take advantage of the season by scouring the […]
60 Day Rollover Rule: What You Need to Know
If you have a retirement account set up and you’re making regular contributions, that’s great! There may come a time when you need to move these retirement savings from one […]
Mixed Signals on Inflation
Are you having a tough time keeping track of inflation’s mixed signals? You’re not alone. Consumer prices in July climbed at their fastest rate since August 2008. Worse, producer prices, […]
5 Ways a Roth IRA Can Help Minimize Your Taxes in Retirement
1. Tax-Free Withdrawals Money that goes into a Roth IRA is after-tax dollars. Because you’ve already paid taxes on that money, once it is withdrawn, it comes out tax-free. There […]
Spotting Credit Trouble
American households with credit card balances carry an average debt of $8,602.1 The wise use of credit is a critical skill in today’s world. Used unwisely, credit can rapidly turn […]