Apr 032018

Small Business Owners – Why Use A Credit Union

Posted on April 03, 2018 Uncategorized

  They say the United States is the land of opportunity, and so many people use that opportunity to start a small business. About 27 million Americans run or own a small business, and because of this, there’s a significant demand for financing. Starting out with a loan is the best way to get your business off the ground, and there’s no better financial institution than a credit union to get approved.   If you already belong to a credit union, you likely know that you’re not just a customer – you have ownership in being a member. Here are

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Mar 272018

Easy Ways to Teach Your Child About Money

Posted on March 27, 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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Mar 192018

Staying Safe While Shopping Online

Posted on March 19, 2018 Uncategorized

  Online shopping is a great way to save time, and find bargains! But before you shop, read the following list! The Federal Trade Commission (FTC), the nation’s consumer protection agency, encourages shoppers to follow these tips to keep you safe while you shop for loved ones. Use anti-virus software and a personal firewall and keep them up to date. Anti-virus software scans incoming communications for troublesome files. Look for anti-virus software that recognizes current viruses as well as older ones, can reverse any damage, and updates automatically. If you have a broadband connection, you may want to run a

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Mar 142018

Managing Your Easter Budget

Posted on March 14, 2018 Uncategorized

  Easter Sunday is on April 1, and every spring, it feels like this joyful holiday comes sooner and sooner. Whether you’re having an Easter egg hunt, attending church services, hosting a big dinner, or simply staying in with close family, this holiday has its added expenses. Because it’s a less “showy” holiday (as opposed to Christmas, Thanksgiving and Halloween], you may not realize the added expenses Easter can bring to your budget.   In preparation for Easter, we’ve compiled some helpful tips when it comes to keeping your budget under control for the holiday. Here are some of them:

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Mar 072018

Saving For Your 2018 Summer Vacation

Posted on March 07, 2018 Uncategorized

  In just a few weeks, spring will be here, which means summer is just around the corner. If you haven’t already started saving for your summer vacation, it’s definitely not too late to start now. Whether you want to take a vacation overseas or you’re looking at a less expensive road trip excursion, saving money early for your trip is an important choice.   At Polam FCU, we have a number of tips designed to help you save money for your summer vacation in the most efficient and successful way. Here are a few of them:   Plan ahead

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Feb 282018

Credit Card Mistakes to Avoid

Posted on February 28, 2018 Uncategorized

  Whether you’re a first-time credit card owner or you’ve got a credit score in the 800s, odds are you’ve made a mistake at one point or another when it comes to using your credit card. The mistakes we’re about to outline are all too common, yet they can really wreak havoc on your credit rating, and can lead to additional fees and higher interest rates.   These are a few of the biggest mistakes consumers make when it comes to your credit cards, and here are our suggestions on how to avoid them.   Making late payments. Paying your

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Feb 212018

Getting Started With Retirement Savings

Posted on February 21, 2018 Uncategorized

  It can be easy to have an idealistic and positive view on your retirement. Whether you envision yourself laying on the beach on a permanent vacation, or you just want to enjoy your golden years with your loved ones, the notion of retiring and not having to work again is idyllic and exciting. However, retirement preparation is essential for everyone, and it allows you to plan for a number of variables.   With that in mind, here are a few of our tips on starting your plan for retirement, and why each one is important:   Figure out what

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Feb 132018

How to Start Saving

Posted on February 13, 2018 Uncategorized

  Saving money can seem like a huge feat, but in actuality, it’s really easy to get started. Whether you want to save for something big like a new car, or something small like concert tickets, it’s never been easier to get the ball rolling with a new savings account.   With banking technology improving every day, we’ve come up with a number of tips on how to start saving money in a stress-free way. Here are a few of our favorites:   Open a savings account. This is a sort of “thank you, Captain Obvious” answer, but it’s the

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Feb 072018

Valentine’s Day – Saving Money on Your Date Night

Posted on February 07, 2018 Uncategorized

  Valentine’s Day is quickly approaching, and for those who enjoy celebrating the most romantic day of the year, they know that there’s no dearth of ways to show love for your partner, your family or your friends. However, this holiday has been known to be costly, as flowers, chocolates, a nice bottle of wine and a night out can really add up. According to Bankrate’s 2017 Be My Valentine Index, Valentine’s Day in the United States amounted to $580.98 per couple.   However, you can shower your loved ones with affection without breaking the bank. While it can be

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Jan 312018

The Power of Buying American

Posted on January 31, 2018 Blog, Blog, Blog, Blog, Blog, Blog, Blog, Blog, Blog, Blog

  In this day and age, it can be difficult to buy products that are made in the United States. We live in an era of outsourcing, as it cuts overhead costs for big businesses and materials are cheaper to buy overseas. If a company can save a chunk of money by moving operations to another country, they have less incentive to keep their productions here in America.   However, you’ll be relieved to know that despite this, it’s still easy to buy American, and what’s more, you can do your part as a consumer to make your purchases count.

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