Need Extra Cash for the Holidays? You May Already Have it

Posted by Hudson Heritage Federal Credit Union on Oct 11, 2019 4:00:00 PM

As the dog days of summer are counting down and the cool air of the fall approaches, it's time once again to start planning for the holiday season. As we contemplate where the time has gone, at least there is still enough time to plan for the upcoming holidays and ensure they are meaningful. One good planning strategy is to check your credit/debit card rewards and retailer loyalty programs to help get extra cash and find great deals. 

The Holidays are Expensive

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Topics: My Finances, Fall 19 Newsletter

Funding a College Education: The Basics

Posted by Hudson Heritage Federal Credit Union on Oct 3, 2019 4:41:00 PM

Over the past ten years, the average cost of tuition at a four-year university has risen more than $7,000. This can pose a significant problem for many college students and their parents as they struggle to figure out how to come up with the cost of tuition, room and board, books, and more. Fortunately, there are strategies that can help many students better afford the rising cost of tuition. 

1. Apply for FAFSA Early.

FAFSA registration opens on October 1. If your student wants to qualify for the best possible grants, scholarships, and work-study aid, it's important to apply as soon as possible. Many universities and even scholarship programs also require early registration for FAFSA, so make sure that your student takes care of filling out that important paperwork as soon as possible. 

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Topics: My Finances, Fall 19 Newsletter

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