Aug 152018

Easy Ways to Teach Your Child About Money

Posted on August 15, 2018 Uncategorized

  When it comes to your children, you want only the best for their future. While talking about money with your children may seem premature, doing so in an age-appropriate manner can be useful and educational. Money management skills are best learned young so one can make better financial choices as they get older.   Preparing for adulthood is never easy, and it’s even less easy if you go into adulthood not knowing anything about money. Instead of worrying about your child growing up with financial trouble, teaching them young about the basics is a great way to alleviate that

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Aug 072018

4 Tips for Boosting Your Credit Score

Posted on August 07, 2018 Uncategorized

  When it comes to boosting your credit score, it takes more than a quick overnight fix. The process of improving your credit score entails a number of elements, including keeping up with on-time payments, monitoring your credit score, and making sure you’re not overspending. Considering the fact that your credit score can affect anything from interest rates, approvals on loans, or renting / buying a home, it’s vital to make sure it consistently stays above 600, at the very least.   At Polam FCU, we are here to help you make the financial decisions that best suit your budget

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Aug 012018

Choosing Between Renting and Buying

Posted on August 01, 2018 Blog, Blog, Blog, Group A, Group A, Group A

  It’s one of the most common tropes in this country – the “American Dream.” For millions of Americans, that dream entails stability and comfort: getting married and having a family, having a stable and well-paying job, and owning a home. But for millions of other Americans, owning property, whether it’s a smaller condo or larger home with a backyard, is not ideal for a variety of reasons.   According to RealyTrac, between 2007 and 2014, roughly 7.3 million homeowners lost their homes due to the Great Recession. Thus, it comes as little surprise that the ownership rate has fallen

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