Financial Fundamentals Blog

You hear it all the time: “Shop small!” “Support your local small businesses!” These small businesses are the lifeblood of many communities across the country. And at 7 17 Credit Union, we believe in doing what we can to support small businesses and their owners in our own little corner of Ohio.

It’s no secret that college is quite expensive, and figuring out how to pay for it can be overwhelming. Sure, you can get student loans, but those add up quickly, and paying them back plus interest for about 20-25 years is likely not the best scenario. It isn’t a loans-or-nothing situation — there are plenty of strategies you...

We all look forward to getting away for a little while, whether it’s to take a vacation, visit family, or work from a remote office location. As exciting as traveling can be, there are a lot of things to do to prepare, including paying bills and handling other money management tasks.

According to Experian, financial literacy is the confident understanding of concepts that include saving, investing and debt that lead to an overall sense of financial well-being and self-trust.

Are you a new homeowner or considering buying your first home? As the 2022 tax deadline – April 18 – approaches, it’s important to know what tax benefits you can take advantage of on your returns so you can maximize your savings.

While the country returns to normal following the height of the pandemic, many people are still finding themselves working from home. It’s not surprising to learn that working from home can be very different from working in the office. There are new complications.

***This article is for informational purposes only.

For specific tax advice for your situation, consult a licensed tax professional. For some, tax season can be overwhelming and stressful—especially if they’ve fallen behind on their taxes.

It’s never too early to start saving for retirement. It’s also never too late—even if you have your sights set on retiring in the near future. No matter where you’re at in your career or how long you have until you retire, a commitment to saving now will pay dividends later in life. As you start saving for retirement, make sure...

Summer is officially here, which means families across the United States are preparing to go on vacation. While vacations are great way to spend quality time with loved ones and to unwind, the credit card bills that accumulate afterwards can sour memories of the trip.

Take the time to plan a vacation that will leave you with good memories instead of debt. Here are some tips to keep in mind while planning.
 

No one wants to overpay for a home. But even with a great deal, purchasing a home is most likely one of the biggest purchases you’ll make. Utilizing tips to help you save is always a good idea, but there’s more to consider. Here are some helpful hints for trying to secure an advantage when purchasing your dream home.

Fraudulent unemployment claims have reached dramatic levels during the pandemic. Claims continue to rise across the United States, and Ohio is no exception. According to the Ohio Department of Job and Family Services, over 128,000 claims were filed in March of 2021. Of those 128,000 claims, at least 19,000 have been flagged as...