Personal Finance Hacks for Students
College years are the time when many people establish financial habits that will carry them for the rest of their lives. Pay attention to these items to get off on the right financial foot: Spending plan: Know how much money you have available for college expenses....
We Finance Used-Car Sales From Private Sellers
Did you know Armco Credit Union can set you up with a low-interest car loan, even when you’re buying from a private seller? Buying from a private seller instead of a dealer can help you get the best price on a used vehicle. You’ll need to do some extra research to...
Mindfulness Is Key to Spending Control
Are you spending too much? For many Americans, the answer is, “Absolutely.” The reasons are varied—lack of a budget or a desire to maintain appearances—but, to better manage your spending, many financial advisers recommend tracking your cash flow and...
How to Give Wisely This Season
If you’re going to give, it makes sense to do it intelligently and for the right reasons. Here are four steps to making sure your hard-earned money goes to a cause that reflects your values and will have the most impact. Step 1: Research the organization asking...
Launching Your Own Business: Are You the Type?
People who can start and run a successful business share certain traits. There are also certain triggers that motivate people to start their own business. Look at the descriptions below and see how many of them fit your situation. You know more than your co-workers...
How to Get a Great Price on Your Next Car
Are you thinking of buying a car, but want to make sure you get the best price? Here are a few tips to help you find the right car at the best price. Buy “off-season.” Peak demand for cars is in the spring and fall, but if you want to find a bargain, shop for a...
Help Kids Get Money-Savvy
One of the most important life skills you can teach your children is how to manage their own money. The sooner children begin financial education, the greater the likelihood they’ll avoid the mistakes many adults make today. The average per week allowance for...
Give Your College-Bound Student a Crash Course in Personal Finance
Does your young-adult student need a crash course in personal finance? A financial literacy survey by the National Foundation for Credit Counseling (NFCC) reveals that most adults learned about personal finance from their parents. Parents: Compliments of the NFCC,...
Give the Power of a Roth IRA
The U.S. savings rate—as a percentage of disposable personal income— fluctuated greatly over the last 5 years. In 2015, it hovered around 7%. But in April 2020 when the COVID-19 pandemic roared to life and the economy began to suffer, savings jumped to 33.7%. In...
