Financial Fundamentals Blog

Saving for Your First Home: 5 Tips to Remember

  • Francesca Sacco
Your first home is one of the biggest and most significant purchases you will ever make in your life. That first down payment is also one of the largest amounts of money you will ever have to save to afford a major purchase. Saving for your first home by setting aside the money for this down payment can require years of...

Six Tips to Remember as You Start Saving for Retirement

  • Francesca Sacco
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...

Digital Wallet Options

  • Francesca Sacco
*This is the final installment in a three-part blog series focusing on digital wallets.

The history of digital wallets

  • Francesca Sacco
*This is the first installment of a three-part blog series focusing on digital wallets. Check back for more information.

Ways to help support local businesses during COVID-19

  • Francesca Sacco
Everyone is feeling a pinch from the coronavirus pandemic. Many of our local businesses, which are incredibly vital and unique to our individual communities, have fallen on difficult times. As we strive for some normalcy in our daily lives, we can make an effort to find small ways to help support local businesses.

Should I Consolidate my Debt?

  • Francesca Sacco
Are you struggling with debt and considering debt consolidation? Before you take out a consolidation loan, make sure it’s the right choice for you.

How to Travel Safely during the Coronavirus Pandemic

  • Francesca Sacco
Are you debating whether to cancel your summer vacation this year due to the COVID-19 pandemic? While there’s no way to completely eliminate the risks of contracting COVID-19 while traveling, there are precautions that you can take.

Should you use your emergency fund during the pandemic?

  • Francesca Sacco
COVID-19 has caused financial problems for millions of Americans, and while the local economy is starting to operate again, many people are still in a financial pinch. If you’ve started an emergency fund, you may have begun to dip into it. But before you drain that account, consider some alternatives. We’ve compiled a list to help you weigh your options before using/draining your emergency fund.

What to know before accepting COVID-related credit card relief

  • Francesca Sacco
As the COVID-19 pandemic continues, many credit card issuers are offering temporary credit card relief. But know that accepting assistance from credit issuers comes with some caveats. Here’s what you need to know if you take your credit card company up on a relief offer.

How the CARES Act Affects Student Loans

  • Francesca Sacco
The Coronavirus Aid, Relief and Economic Security Act signed into law March 27 introduced several new measures to help individuals and businesses struggling during the COVID-19 pandemic. For most student loan borrowers, the CARES Act automatically suspended certain federal student loan payments and reduced interest to 0% through Sept. 30, 2020. Because the pandemic has affected everyone differently, student loan borrowers have several options to consider when paying their federal student loans.

How to use your Economic Impact Payment Wisely

  • Francesca Sacco
The United States Treasury Department and the Internal Revenue Service have begun to distribute economic impact payments to the majority of Americans in an effort to provide financial relief from the ongoing pandemic. Given the uncertainty surrounding the pandemic, it’s best to make sure your using your payment wisely.

How to Reset your NetWorth24 Online Banking and Mobile App Password or Username

  • Francesca Sacco
Forgot your password or username to your NetWorth24 Online Banking or Mobile Banking App? It’s easy to reset your credentials at 7 17 Credit Union! Follow the steps listed and get back to managing your money, your way!