Financial Fundamentals Blog

How to Navigate Senior Living Care Costs

  • 7 17 Staff
When we’re children, we depend on our parents to provide everything we need — from food and shelter to emotional support. Then, as we grow up and our parents age, the tables start to turn. The parents we used to depend on start to grow old and require new kinds of care to maintain their health and quality of life.

Secure Your Future with These 6 College Savings Plans

  • 7 17 Staff
The rising cost of college is a perennial concern for high school grads and their families. For Ohio residents looking to attend The Ohio State University, tuition and other costs have risen to more than $27,000 per year — or well over $100,000 for a four-year degree. The costs at local private schools or many public and...

Quick Tips to Enhance Your Password Security

  • 7 17 Staff
7 17 Credit Union is committed to providing our members with the safest online and mobile banking experience that we can by implementing the most sophisticated security technology. But we can’t do it alone. We want you, our members, to be aware of the measures you can take to safeguard your information. While we’ve compiled a...

How to Recognize and Guard Against Wire Transfer Fraud in Real Estate Transactions

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While the internet has become a staple in most people’s daily functions, it has provided another outlet for fraudsters. Over the last several years, wire transfer fraud has been on the rise, with billions of dollars lost. The internet makes wire transfer fraud easier to commit and harder to track.

Learn what you can do to protect yourself from money transfer schemes in the digital age.
 

Wealth Wisdom: The Key Components of Financial Literacy

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Financial literacy is a key part of life. And the sooner you learn how money works and how to make it work well for you, the more successful and confident you’ll be with your finances later.

Credit Unions vs. Banks: 6 Benefits You Need to Know

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If you’ve only done your banking at a traditional bank, the value of a credit union can be hard to understand. On top of that, the big advertising budgets afforded by banks mean that consumers start their financial journey having a stronger familiarity with big-name banks as opposed to local credit unions.

How to Utilize Your HELOC to Streamline Your Debt

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When debt grows beyond your ability to pay it off in a matter of months — or, in some cases, years — it’s time to consider other options for paying off that debt, managing the amount of interest you’re charged and building a plan to settle this debt and get your finances back on track.

Comparing HELOC and Home Equity Loan: Which is Right for You?

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On top of having a large space with a backyard for your family, undoubtedly one of the greatest benefits of owning your own home is using the equity you’ve built up to fund other goals. The equity of your home is the amount of your house’s market value minus the amount owed.

Unveiling Key Differences Between Refinancing, Home Equity Loans, and HELOC

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One of the benefits of owning your home is the ability to tap into the equity built up in it in order to achieve your goals. But when you’re looking at refinancing versus a home equity loan versus a HELOC, how do you know the differences between them — or which is best for your situation? Today, we’re digging into the pros and...

Unlocking the Power of Financial Growth: A Comprehensive Guide To Certificates

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Let’s say you’re saving money toward a goal. Maybe that goal is retirement; perhaps it’s a new house; or maybe you’re planning on taking yourself on a well-deserved vacation.

Impulse buying: What it is and how to stop it

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We’ve all been there: retail therapy after a bad or long day, new clothing, books or home items that caught your eye in an influencer’s post—even tacking on a candy bar in the checkout line or a latte while grocery shopping. All of these unexpected purchases that were made with little to no consideration are known as impulse...

Secure, Swift and Convenient: The Future of Mobile Banking

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Mobile banking apps have become a necessary part of the overall banking experience, and many of us can’t imagine not having them as part of our financial tools. They’ve made paying bills, checking on accounts, transferring money, exploring other financial products and depositing paper checks much easier than before. And with...