MoneyWisdom Blog

Yard Sale Do’s and Don’ts

Posted by Hanscom Federal Credit Union on Feb 2, 2016 10:50:11 AM

Spring is just around the corner, and that means a new season for yard sales. Now is a great time to begin planning a sale. Include family, friends and neighbors to make it a social event. You’ll be reducing clutter, helping to recycle, enjoying company, and making a few dollars.

Read More

Topics: Money Management

Want a Lower Car Payment? Try Better Than a Lease!

Posted by Patti Conty on Jan 29, 2016 7:00:00 AM

Do you lease a vehicle or know someone who does? I’ll go out on a limb and say you chose this option for low monthly payments on a better make and model that you could otherwise afford.

Read More

Topics: Autos

When is it best to begin drawing Social Security Benefits?

Posted by Bill Burpeau on Jan 27, 2016 9:59:06 AM

Social_Security_Card.jpg
When I first began working in the late ‘70s, I was told, “Don’t worry about Social Security – it won’t be around for you!” 

Now that I’m about 10 years from being eligible to draw Social Security, and it is still around, I got curious about what my options really are. Here are a few things I found out. 

Read More

Topics: Retirement and Investing

Our 3 Top 2015 Blogs: Chip Card Security, Winter Home Prep, Auto Refinace

Posted by MaryJo Kurtz on Jan 26, 2016 7:53:51 AM

In 2015, we published nearly 200 blogs on a variety of money management topics. Our goal is always to provide you with the most useful and current financial information – and to introduce you to the many budgeting tools you have available to you as a Hanscom FCU member. This past year, our three top blogs included information on chip cards, winterizing homes, and refinancing cars. ICYMI, we have this brief recap and links here for you.

Read More

Topics: Financial Education

Home Equity FAQs - Do you require an appraisal for Home Equity Loans?

Posted by Bill Burpeau on Jan 19, 2016 6:00:00 AM

Yes, we must determine the value for any property for which a Home Equity Loan (HEL) or Home Equity Line of Credit (HELOC) is requested.  This in turn, allows us to determine the amount that can be borrowed.
Read More

Topics: Use your home equity wisely, Home Equity FAQs

Tax Time: 4 Steps to Organize Before You Begin

Posted by Hanscom Federal Credit Union on Jan 7, 2016 3:26:40 PM

Compiling everything you need in order to prepare your federal income taxes is often a bigger challenge than actually doing them. Though the process of locating forms and documents may feel overwhelming, it really just requires knowing what you need and an organized approach to hunting and gathering.

Read More

Topics: Money Management, Taxes

College Hunting? Don't Miss These Tips

Posted by Moneywise Newsletter on Jan 7, 2016 9:19:39 AM

Visiting a college campus in person can help determine if a school is right for you. It can help you eliminate schools that are a poor fit, and offers insight you just can’t get from any other source.

Read More

Topics: College, Scholarships

Three Tips to Build a Financial Safety Net

Posted by Moneywise Newsletter on Jan 7, 2016 9:18:58 AM

If you’re like many young Americans, a large chunk of your income goes toward paying down debt. Paying off student loans and credit cards as soon as possible is a smart move – you can save on interest payments and improve your credit score. 

Read More

Topics: Savings, Budgeting

Boost Your Mood with a Solid Savings Plan

Posted by Moneywise Newsletter on Jan 7, 2016 9:18:30 AM

Keeping yourself out of debt could benefit more than just your finances. According to a study from the Center for Financial Security at the University of Wisconsin-Madison, a 10% increase in short-term debt, such as overdue bills and credit card debt, was linked to a 24% increase in symptoms of depression.

Read More

Topics: Financial Stress, Debt

Save Money with a Free Credit Score Evaluation

Posted by Moneywise Newsletter on Jan 7, 2016 9:17:56 AM

A strong credit score pays off, literally, with lower loan rates and higher limits. Knowing and keeping track of your score can help you see where you stand financially and serve as an early warning that you may be headed in the wrong direction with your money.

Read More

Topics: Credit Score, member services

Add a Comment

Welcome

Our mobile services, education programs and innovative products are designed to help you become financially self-sufficient and successful —whether you're well-established or just starting out. We are here for you. 

For convenience in your 24/7 lifestyle, we offer:

Subscribe to Email Updates

Financial Resolution eGuide