MoneyWisdom Blog

7 Steps to Building Your Post-Divorce Budget

Posted by Diana Burrell on Mar 19, 2018 10:08:00 AM


You could be in the position to splurge on a sexy, sporty sedan to celebrate your divorce. On the flip side, the loss of your spouse’s income contribution to the household could be greater than your drop in expenses.

Either way, a post-divorce budget will let you know where you stand with your finances, help you avoid getting whacked with surprise expenditures, and keep you on a steady course of financial stability.

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Topics: Money Management, Divorce, budget

5 Ways to Establish Credit

Posted by Hanscom Federal Credit Union on Mar 16, 2018 8:09:00 AM

When it comes to getting a credit card, qualifying is actually one of the easiest parts of the process. Establishing a positive credit record, however, requires dedication and patience.

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Avoid Identity Theft: Secure Your Belongings in Public

Posted by Hanscom Federal Credit Union on Mar 14, 2018 8:01:00 AM

In the past, people were concerned about protecting cash and jewelry from theft. However, nowadays, with less and less people carrying around large wads of cash, the concern is about theft of information. Identity theft affects close to 13 million people in the United States every year.  A thief that gets their hands on your Social Security or checking account number can cause a lot more harm than one that just steals ten dollars from your wallet. While the damage can be great, there are several steps you can take to keep your private information secure.

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9 Ways to Master Your Money

Posted by Hanscom Federal Credit Union on Mar 12, 2018 8:00:00 AM

1. Set S.M.A.R.T. Goals
Saving tends to be easier when you have a certain purpose in mind: Saving for your first house, your retirement at a certain age, a child’s college education, or even a trip around the world. The important thing is for your goals to be specific, measurable, actionable, realistic and time-bound, or SMART.

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Hanscom FCU’s Elizabeth Kistoglou Ready for Boston Marathon 2018

Posted by Diana Burrell on Mar 10, 2018 10:03:31 AM

There’s little doubt training to run your first Boston Marathon is one tough challenge. But Hanscom Federal Credit Union’s Elizabeth Kistoglou has learned it begins with a single step.

“It starts off easy,” said Elizabeth, who’s Hanscom FCU’s assistant branch manager in Billerica. “One mile here, one mile there, then I finished my first three miles in 20 degree weather. Next thing you know, I’m thinking, ‘I only have to run 12 miles this weekend, thank goodness!’ ”

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Topics: Boston Marathon

Financing Fido: How to keep pet costs on a leash

Posted by Sandra Quadros Bowles on Feb 27, 2018 10:51:11 AM

Our pets provide emotional support, physical protection and endless entertainment. It’s no wonder that so many animal lovers consider their pets priceless.

Sixty-eight percent of US households own a pet, according to a 2017-2018 National Pet Owners Survey released by the American Pet Product Association. Dog ownership tops the list at 48 percent, with cat ownership at 38 percent. Both statistics are up a few percentage points from the last survey, conducted in 2014.

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Topics: Money Management, Savings, Saving Money, budget

Teens and Money: Preparing to Move Out

Posted by Hanscom Federal Credit Union on Feb 8, 2018 9:19:17 AM

You may feel emotionally ready to move out on your own, but are you financially prepared? Living independently means much more than not having to be home by curfew; it comes with a great deal of financial responsibilities. Before you take the leap, know how much the big move will cost you, now and in the future.

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Topics: Money Management, budget, Teens

Online Dating Scams: Breaking the Heart and the Bank

Posted by Sandra Quadros Bowles on Feb 5, 2018 1:09:01 PM

She opens her messages from the online dating site and her heart skips a beat.

Someone wants to meet her. But not just any man. He is the man of her dreams, dreams sparked the first time she watched An Officer and A Gentleman and enhanced by a decade of Lifetime movie-watching.

In his photo, he sports a military uniform and is dashing, clean cut, a man of action.

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Topics: scams, security

College Costs 101: Saving Starts Now

Posted by Hanscom Federal Credit Union on Jan 26, 2018 11:16:44 AM

Most parents have already heard the bad news: a college education has never been more expensive. Many, in fact, are still paying off their own student debt and would like their children to avoid that burden. The good news is that there’s a lot parents can do to help their children and make the costs of college more manageable.

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Topics: College, Savings, Scholarships

6 Security Steps for Protecting Personal Information

Posted by MoneyWisdom Newsletter on Jan 17, 2018 4:53:33 AM

With increasing news reports about data breaches, take precautions now to protect your identity:

1. Check your credit report.
As a member of Hanscom FCU, you can request a free copy of your credit report. Visit to learn more.

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Topics: security

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