At Polam FCU, not only do we strive to provide you with the best financial services possible, we also want to share some guidance and expertise. Peruse our blog for the latest industry news and information relevant to you.
College can be an exciting experience for young undergrads who are looking to earn a degree and gain a better perspective on the world through higher education. However, it can also be a costly experience if you don’t keep an eye on your spending. Many college students have a credit card for various expenses, and for first-time credit card holders, it can be easy to ignore the charges as they rack up. Instead of falling into bad habits and a lack of money management, take the time to understand what you can do to maintain a healthy credit▸ continue reading
Financial setbacks, whether big or small, aren’t an uncommon occurrence for many working adults. Sometimes these setbacks are because of unexpected medical costs that aren’t covered by your insurance, or a car repairs after an accident. Sometimes they’re caused by a pay cut or the loss of a job. Regardless of the reason, many adults aren’t adequately prepared financially for such setbacks, as it’s nearly impossible to predict when things go a little sideways. The key is to ask yourself what you plan to do to help prevent financial dire straits in the event of a setback, and▸ continue reading