7 Reasons to Upgrade to Digital Wallets

Posted by Hudson Heritage Federal Credit Union on Jun 13, 2019 3:23:27 PM

A digital wallet is defined by Investopedia as a system that stores personal payment information and passwords for multiple payment methods. Just like your physical wallet, a digital wallet stores your credit, debit, and other card information. However, all of the information is conveniently located on your smartphone. With 77% of American adults owning a smartphone, extending the convenience of these devices to consumer banking and purchasing habits is a natural next step.

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Topics: My Finances, Safety & Security

Help Your Child Prepare for a Successful Financial Future

Posted by Hudson Heritage Federal Credit Union on May 22, 2019 9:30:00 AM

As children grow, parents and teachers seek ways to educate them in every subject to help them reach success in adulthood. Unfortunately, the subject of finances is often overlooked. While it's important to gather knowledge and seek a good career, most of this planning is in vain when careful saving and spending habits are never acquired.

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Topics: My Finances

5 Easy Ways To Start Creating a Budget

Posted by Hudson Heritage Federal Credit Union on May 3, 2019 10:59:55 AM

Creating a budget can be daunting to some, especially if finances are tight. And while it might seem initially scary to set limits on yourself and impose new rules, it does not have to be. If set up correctly, budgets can be freeing, believe it or not. They give you a better perspective on your spending habits, what to improve, and which areas of life you can allocate more money. And once you get into the habit of sticking to a budget, it gets easier and easier. Here are some ways to start:

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Topics: My Finances, Spring 19 Newsletter

Tips To Improving Your Credit Scores and Borrowing Power

Posted by Hudson Heritage Federal Credit Union on May 1, 2019 10:20:00 AM

With many Americans finding their 2018 income tax refunds a mere shadow of what they had been, now is the time to review your credit report to ensure it's in good shape--without that annual windfall to take care of old bills, you've got to be more strategic in how you manage your debt. Worse, if you owe any taxes for last year, it's imperative that you get your finances back on track so your borrowing power is strong.

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Topics: My Finances