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There are still spots open in our next small business workshop! Join us! https://www.greatbasin.org/events/forming-business-entity/ Read More January 20, 2017
New Year’s Resolution: Reduce Monthly Expenses January 20, 2017

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Credit unions exist to serve their members. What big bank can say that? Read More January 20, 2017
It’s free checking with cash rewards! Bank local and get paid at Great Basin Federal... Read More January 19, 2017
So you can pay off debt faster I’ll tell you what, debt ain’t cheap. Anyone... Read More January 19, 2017
Happy Anniversary Will!Meet Will. We’re celebrating 3 years that he has worked at Great Basin... Read More January 18, 2017
Congrats to Amanda on her promotion as the Assistant Branch Manager at the Sparks branch!... Read More January 17, 2017
Wonderful Will January 17, 2017

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Congratulations to our wonderful member Celia! She was the winner of our “Swipe-Sign-Win” Visa usage... Read More January 17, 2017
Grab your shreddables and bring ’em by! https://www.greatbasin.org/events/free-shred-day/ Read More January 17, 2017

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New Year’s Resolution: Reduce Monthly Expenses

Financial Consultant: How To Reduce Monthly Expenses

If one of your New Year’s resolutions is to make sure your overall financial health is in good shape, it’s a good idea to dive even deeper and analyze some of your reoccurring monthly expenses that you may be wasting money on as well.

I compiled a list of five common monthly expenses that often times can be adjusted, or cut out altogether, to keep more of your hard-earned cash.

  1. Gray spending on credit cards. Far too many people with credit cards fall prey to monthly subscription expenses they quickly lose track of—such as a 30-day free trial you forgot to cancel, or a monthly Netflix fee. Consider going over the last 12 months of your credit card statements and writing down any reoccurring expenses. Then you can decide what can be changed or cancelled.
  2. Health insurance plans. It’s a great idea to see what insurance plans are available and what makes the most sense for you and your family. Be sure to do this in advance of your insurance renewal date. Most insurance companies offer a calculator feature so you can enter in all of your expected health needs over a 12-month period for each member of your family and see which plan gives you the lowest out-of-pocket spending over a year’s time, not just the cheapest co-pays. You may be surprised to find out you’re not on the most economical plan!
  3. Cable TV. Consider what you watch – with the ability to live stream most network TV shows on demand and the streaming services available through companies such as Netflix, Amazon Prime, Sling TV and Hulu Plus, for many cable has become obsolete. Decide what you and your family actually watch and decide if expensive cable bills can be a thing of the past for you and your wallet.
  4. Home and auto loans. With interest rates considerably low, it’s worth the time to evaluate the benefits to refinancing your home or auto loans to see if there’s a lower rate option than what’s currently on your loan(s). Refinancing to a lower rate can reduce your monthly payments by hundreds to thousands of dollars a year.
  5. Cell phone plans. Mobile companies have begun to do away with their super strict, two-year service contracts and are often times overselling you on services and data you don’t actually use or need! Do some research on your current contract and your provider’s fees, discounted family plans and what you’re currently paying. See if there’s a better, cheaper monthly option for your needs that will save you money.

If there’s a way that you’ve cut on wasteful spending, send me an email. I’d love to hear about it and add it to this list! Don’t hesitate to contact me at (775) 789-3140 to schedule an appointment if you’d like to further discuss your financial situation.

All the best,


Steve Lindquist
stevelindquist@peakfns.com
Financial Consultant
9600 S. McCarran Blvd.
Reno, NV  89523
(775) 789-3140

 

Registered representative offering securities through Cetera Advisor Networks LLC (doing insurance busines in CA as CFGAN Insurance Agency), member FINRA/SIPC.  Cetera is not affiliated with any other named entity. CA Insurance License #0G30574. Investments are not deposits; not NCUSIF insured; and not insured by any federal government agency.  No credit union guarantee.  May lose value.

Wonderful Will

Meet Will. We’re celebrating 3 years that he has worked at Great Basin Federal Credit Union! We asked him to take a minute out of his busy day in the IT Department to tell us a little about himself.

  • Favorite movie: Dumb & Dumber
  • Favorite thing to snack on while working: Starbursts
  • Favorite book: IT for Dummies
  • Favorite part about working at Great Basin: Proximity to the Dollar Store, also the coworkers aren’t too bad
  • When I was little, I wanted to be: An Astronaut, specifically the First Man on the Sun. When I figured out that wasn’t happening, a Garbage man
  • Favorite pastime: Camping

Will’s boss, James, said: “Will is always ready to pitch in and help. He has great relationships with the members and employees alike. Both will likely attest that he is also one of the funniest people they know…”

Aren’t we all lucky to have a guy like Will?!

Congratulations to him on this accomplishment! Thank you for 3 great years. Here’s to many more!

 

Searching for a Car in Reno?

Searching for a Car in Reno?

Maybe your car has seen better days, perhaps your car doesn’t suit your lifestyle anymore, or maybe you just have the itch. Once you make the decision that you’re ready to look for another car, it’s not always easy to find the best place to start. Well, we’re here to tell you that buying a car in Reno doesn’t have to be a scary or difficult process. We help members with it every single day, and we’re here to help you, too! Here are a few things we recommend:

Do Your Research

Even if you know what kinds of cars you’re interested in, how do you know which dealership in Reno has it? What if you buy the used car you’re looking for and then see a better price at a different dealership? We’ve got you covered! One of the perks of Great Basin Federal Credit Union membership is access to AutoSMART – where you can search all cars in the Reno area, do research and comparisons on the kind of car you might want, and use auto payment calculators to help make sure the car you want fits in your budget.

Get Preapproved

Before you go shopping for a new or used car in Reno, we recommend that you get preapproved for your loan. It’s good to have your ducks in a row before you go see the dealer. There are some great dealerships and you may be one of the lucky ones who has a great experience, but too often, unsuspecting shoppers leave the dealership with high payments, a higher rate than they could qualify for, and overall not a great experience. When you get preapproved:

  • You’ll get an idea of what your payment could be based on what amount you are going to spend.
  • Sometimes your loan representative can help you find a trusted dealer to work with.
  • We can help you run Kelley Blue Books to make sure you’re getting a good deal on both your trade-in and your purchase.
  • You can shop worry-free knowing you’re already approved at a great rate for the right amount.
  • You’ll be prepared for coverages the dealer might offer and you’ll know what is a fair price for them.
  • Preapprovals are good for 45 days so you’ve got plenty of time to shop!

And, what do you know, we know of a credit union right here in Reno & Sparks that can preapprove you! Wink, wink. It’s quick and easy to start your application online, there are no fees, and one of our friendly loan representatives will be glad to walk you through all of the steps and get you ready for car-buying.

Irene is the Queen!

Meet Irene. We’re celebrating 7 years that she has worked at Great Basin Federal Credit Union! We asked her to take a minute out of her busy day in the Loan Department to tell us a little about herself (and take this selfie):

irene-funny

  • What superhero would you be and why: I would be wonder woman, because she is super strong and pretty much can do anything!
  • Favorite movie: I like watching love story movies. Some of my favorites are 50 First Dates, The Notebook, and A Walk to Remember.

  • When I was little, I wanted to be: Famous. LOL! And a nurse.

  • Little known fact about me: I love to travel, and I love food!

Irene’s boss, Sherri, had this to say about her: “Irene is such a hard worker, she is devoted to her members, and she will do her best to meet their needs. She is dedicated to the loan department team and always jumps in to lend a helping hand to her peers. She is a core part of the lending team, we would be lost without her. “

Aren’t we all lucky to have a gal like Irene?!

Congratulations to her on this accomplishment! Thank you for 7 great years. Here’s to many more!