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.

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.

Are you looking to change your financial institution? Maybe you want to get more out of your deposits? Maybe you’re unhappy with the level of customer service you receive or just tired of paying fees? Whatever your reason, be sure to check out 7 17 Credit Union.

As a credit union, 7 17 is a not-for-profit institution whose focus is to return profits to our members as higher dividends on savings, lower rates on loans and lower or no fees, compared to traditional banks. Check us out to learn more about different ways to save.
 

We tend to think of physical or mental health when focusing on well-being. But your financial wellness is just as important to focus on. In many cases, struggling with financial instability or debt can impact your mental health.

If you’re feeling overwhelmed by your debt, you’re likely looking into the options available to you. One of the paths toward reducing your stress and financial burden is a debt management plan. However, choosing the right plan for you involves looking at several factors, including costs, impact on your credit score and the...

Saving money may not be very exciting, but like eating your fruits and vegetables, it’s a necessary part of life. There is a way you can make putting money into your savings a little more exciting: with an account that earns you money through interest.

Ready to meet your financial goals a little quicker? One of the options you may come across in your search for savings accounts is a money market account.

Carrying debt can feel overwhelming, and the worst thing you can do when it starts to pile up is to ignore it. Even though your debts may seem insurmountable, you still have options for managing debt and getting things under control. Let’s take a look.

Money market versus savings accounts: What’s the difference? Which should you choose? At first glance, they may seem similar, but there are key differences that you should be aware of so you can make an informed decision based on your goals.

Financial stability ensures you have enough money to cover your bills, expenses, hobbies and other things without running out. It also means you can live the lifestyle that you truly want. Let’s explore how you can achieve financial stability while saving for your future.

Many people have a debit card that they frequently use. Most people may not consider how beneficial it is and the debit card advantages that come with it, such as rewards and incentives. Today we’re exploring debit cards, security features and how to use digital banking tools to your advantage.

Increasing interest rates can create several challenges and opportunities for borrowers and savers. While this can seem overwhelming, knowing how to respond to the changing economy and be flexible can minimize these feelings and help you navigate changing finances a little easier.