Gulf Winds Federal Credit Union Blog

Convincing Your Spouse to Save Money Together

https://www.gogulfwinds.com/blog/article/how-to-manage-a-joint-checking-accountMoney is one of the biggest points of contention for many couples. This is particularly true when money is tight—both people are rarely on the same page, often disagreeing about what expenses are essential and the best way to save money.

That is, if both of you are trying to save. Financial solvency as a couple depends on both partners working together to achieve a common goal, and when one person isn’t on board, the whole thing falls apart.

More 

Are Cars an Asset or a Liability?

Our cars may be a necessity for those of us who travel for work and who don’t have access to public transportation, but for most of us, it’s a love/hate relationship. It’s great to have the luxury of a car, but the costs of ownership can be tough to handle.

More 

5 Smart Financial Tips to Share with Your Grandchildren

“If only someone had told me…” is not something you ever want to hear your grandchildren say. With so much that you want to share, it can seem overwhelming trying to figure out where to start, so we’ve boiled it down to 5 smart tips you can share with your grandkids.

More 

Retirement Bucket List

They’re called the golden years for a reason. All that hard work comes with a reward, and now is your time to shine. We all deserve some well-earned rest, but your retirement is as much a new beginning as it is an end to a previous chapter. Here are a few entries to mark on your to-do list now that you have time in abundance.

More 

3 Ways to Reduce Insurance Costs

Insurance is a necessity for just about everyone.

From the legally-required car insurance to the highly-recommended home and life insurance, it’s great to have a safety net when life’s difficulties arise. The problem is, the costs of these insurance plans can make them a real hassle to maintain. Here are few tips for lessening the cost burden of insurance while still keeping yourself protected.

More 

Careers Paths to Avoid College Debt

Let’s face it: College isn’t for everyone. Sure, college can be a great way to expand your horizons and make yourself more desirable in the job market, but these benefits come at a cost—according to Forbes, the average student in 2016 had $37,172 in student loan debt. On top of that, student loan debt has become the second highest category of debt in the country, equaling $1.3 trillion in 2017.

More 

3 Reasons You Don’t Pay Your Debts – And Why You Have No Excuse

We get it—it’s not easy to escape from debt.

Life is unpredictable. Unexpected costs come up and throw a wrench into the financial equation. We hear plenty of reasons why people have trouble paying their debts here in Florida, but we’re here to tell you that no matter the problem, there’s a solution—if you know where to look.

More 

Things to Look for When Hiring a Financial Planner 

Future investment goals often lead people to seek savings help from a professional financial planner or advisor. If it’s time to plan for retirement, you’re ready for a down payment on a home, or you’re starting a family, it doesn’t hurt to have a financial expert on your side. That said, not all financial planners are created equal, and it’s your job to find the advisor that’s right for you.

More 

How to Save on Back to School Expenses

With each new school year comes the inevitable rush that retail outlets love and many parents love to hate: Back to school shopping!

Of course, your kids will need supplies, like pencils, notebooks, folders, and the like, but didn’t you just get them a new backpack last year? And are those shoes worn out already?

Yes, unfortunately, back to school expenses often add up to a pretty hefty price tag by the time the kiddos head back to the classroom. Keep these tips in mind to save during your yearly shop-a-thon:

More 

Explaining the Increase in Retirement Age

As the average retirement age continues to climb, it can feel like the economy has really put the ‘tire’ in ‘retirement.’ Although it isn’t always by choice, working later in life provides tangible benefits for a comfortable retirement that help to explain why the average retirement age has increased to 70.

More 

Family Fun Idea: Wash Your Car at Home

We’ve spoken in previous articles about how budget management is often about sacrifice. You have to give something up to reap the benefits of financial security. But if you’re clever, you don’t always have to sacrifice something positive to enjoy the benefits of having more money—particularly if you have a family backing you up!

More 

Decisions in Your 20’s and 30’s to Support Your Financial Future

As we know, financial independence doesn’t happen overnight. Debts take a long time to pay off, and investments don’t yield high returns until they’ve had time to mature. Because of this, the earlier you start to take control of your financial situation, the better off you’ll be.

More 

How to Build a $1,000 Emergency Fund in 10 Months

Do you have $1,000 set aside for emergencies? If you already do, you could probably use another $1,000 in that account. Experts recommend keeping at least three months expenses in a reliable, liquid account – though even an extra $1,000 can be a life-saver. But finding $1,000 to save isn’t always easy. That’s why we’ve put together this 4-step plan on how to save $1,000 in 10 months. 

More 

The State of Older Americans and Savings

With Americans, especially women, living longer – the reality is that we need to save more money for retirement or work longer.

More 

The Many Faces of Philanthropy

Largely thanks to the internet and social media, new trends in philanthropy have emerged as we share information faster and as part of a more widespread audience than ever before. There has never been a shortage of ways to give back, from volunteering to providing monetary support, but it’s interesting to see how these giving habits have evolved with each generation. Whatever generation you belong to, your financial advisor can offer guidance on giving strategies that are tax-conscious and make the most of your hard-earned dollars, while allowing you to exercise your generosity on behalf of causes that are meaningful to you.

More 

Page 2 of 11:    < 1 2 3 4 >  Last ›

 

We’re giving our profits back to you.

Auto Loans as
low
as
0.00 %
APR1
Free Checking as
high
as
0.00 %
APY2
Credit Cards as
low
as
0.00 %
APR3
IRAs as
high
as
0.00 %
APY4
Certificates as
high
as
0.00 %
APY5