Memorial Day: Our branches and contact center will be closed on Monday, May 25, 2015, in observance of Memorial Day.

Gulf Winds Federal Credit Union

Blog Topics


Follow via RSS.

Recent Posts

Ready to Buy a Car? Keep These 4 Hidden Costs in Mind

How to Budget Your Finances

DIY or Hire a Professional?

Spring Into a Debt Free Life

How to Get Ready for Summer Travel without Going Bust

Maximizing Your Inheritance from Uncle Sam — The Smart Way to Use Your Income Tax Refund

Three Ways Apple Pay and Tokenization Are Changing How You'll Shop in the Future

Save in 2015 by Cutting Expenses

Q&A with Pensacola Area Mortgage Loan Officer, Angela Lane

Kerry Forest Branch In Tallahassee

Contact Us


Phone Banking and General Inquiries:

Pensacola Area: 850.479.9601    Tallahassee Area: 850.562.6702

Toll Free: 800.650.6328


Lost or Stolen ATM or VISA Debit Card:

Pensacola Area: 850.479.9601    Tallahassee Area: 850.562.6702

Toll Free: 800.650.6328

After Hours, Weekends and Holidays: 800.472.3272

Lost or Stolen Credit Card:

Toll Free: 800.449.7728    More Contact Info

Keep up to date with our eNewsletter

Sign Up

Top Financial Myths Not to Believe

Posted on Monday, Dec 23, 2013

We hear many conflicting concepts about how to handle our finances each year. Knowing when to save, when to spend or how to manage money can be challenging, and we’re often left confused about how to begin the process. There is no better time than the present to get your finances in line.

Whether you want to save for retirement or pay off loans, you have the ability to gain more financial awareness. The biggest step to understanding your finances to is to meet with a financial planner. Take a look at these top financial myths not to believe when it comes to meeting with a financial adviser:

You have to stop spending money. It makes sense. If you’re struggling financially, it’s easy to think a financial planner will advise you to stop spending money. Instead, their advice is meant to develop customized ways you can spend your money more appropriately to get the outcome you want. You can learn tricks and better ways to spend money, while avoiding waste and debt. 

You can’t afford financial advice. Because a financial planner’s goal is to help you manage and build your finances, it’s the one thing that you can truly afford. The sound advice you receive helps you afford things far beyond the initial cost of financial advice. Learning how to plan, save and set financial goals is invaluable.

You don’t need financial guidance. Whether you have a surplus of money, expect an inheritance, or simply think you are managing your finances well on your own, there is no downside to seeking out financial advice. It’s essential to know how to maintain the money you currently have to avoid spending it incorrectly or losing out on opportunities for growth.

At Gulf Winds, we know financial guidance helps our members to manage their bank accounts, loans and investments better. To speak to one of our financial advisers, contact us or stop by one of our local branches in the Pensacola, Tallahassee, Brewton or Atmore area.

Share your thoughts

Commenting is not available in this channel entry.