Nov 012020

Unhealthy Financial Habits – How to Break Them

Posted on November 01, 2020 Uncategorized

  Admit it: we all have one or more financial habits that we need to break, but are having trouble breaking. Human beings as a whole tend to be creatures of habit, and unfortunately, unlike safe habits such as watching a certain show every night, or having your morning tea, financial habits that can harm your bank account and credit score are highly important to break in order to achieve financial stability.   Some of these habits seem obvious, whereas with others, you may not even know you’re doing them. Here are some of these bad financial habits, and tips

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Oct 272020

UChoose Rewards – How to Earn and Spend Your Rewards Points

Posted on October 27, 2020 Uncategorized

  When you bank with Polam FCU, you’re not just getting a better banking experience through our low rates, top-notch service, and our not-for-profit status – you’re also getting the chance to earn rewards for every purchase you make with your VISA debit or credit card. These rewards points don’t expire, and can be redeemed for a wide number of perks – gift cards to your favorite retailers, travel, hotel and car rentals, and prepaid VISA cards for you to use as you wish. Our rewards program is free to join, and it’s our way of thanking you for your

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Oct 182020

Budget-Saving Tips for Your Holiday Menus

Posted on October 18, 2020 Uncategorized

  Every year as the holiday season approaches, millions of Americans start planning their festivities, from choosing and decorating their Christmas tree, shopping for gifts, making travel arrangements, and more. Another thing they plan for is a holiday menu, whether it be for Christmas, Thanksgiving, or both. Grocery planning for the holidays is a valuable way to ensure you don’t go over budget with your overall spending, as it can be often overlooked.   Before you begin to plan out your holiday feast, here are a few tips on how cut your grocery budget this season so you can have

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Oct 092020

Your Emergency Savings – How to Rebuild It

Posted on October 09, 2020 Uncategorized

  A Federal Reserve study from 2019 has shown an alarming statistic: 40 percent of Americans do not have $400 in their bank account for emergency expenses. While this study was performed months before the coronavirus pandemic, it’s a startling reality at a time when people are losing their jobs because of the pandemic. While rebuilding your emergency fund can seem daunting or almost impossible, it doesn’t have to be the case.   If you’re looking to build an emergency fund, here are a few tips on how to get started:   Make changes to the way you budget.  Usually

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Oct 042020

Planning Ahead for Your Christmas Holiday

Posted on October 04, 2020 Uncategorized

  We’re well into the fall season, and there’s lots to look forward to with the holidays – especially Christmas, the big one at the end of the year. Although it might seem a far date away, much like any year it’ll sneak up on you before you know it. Right now, it’s a great time to start planning ahead for your Christmas festivities, no matter how large or small. Creating gift lists, planning dinner menus, shopping for festive decor, and working on your Christmas cards early are all ways you can avoid the stressful crunch you experience over the

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Sep 252020

Fraud Protection and Financial Wellness

Posted on September 25, 2020 Uncategorized

  We live in an increasingly digital world, and this offers a wide variety of opportunities for scammers and cybercriminals to steal your money and your identity. It’s important to take as many preventative measures as possible to prevent personal and/or financial fraud that can negatively affect your credit health, and our team at Polam is here to guide you through the best steps to keep you safe.   Here are a few financial wellness tips regarding fraud protection, and how they can help you on a day-to-day basis:   Keep an eye on your account information on a regular

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Sep 182020

Earning Extra Money – What You Can Do With It

Posted on September 18, 2020 Uncategorized

    Have you recently received extra money? This extra money can come in many forms – a bonus at work, an inheritance, a financial gift, or even money you’ve managed to save simply from cutting your expenses. It could even come in the form of money you’ve earned from gig work, such as driving for Uber or Postmates. Regardless of how you’ve obtained it, the big question is – what do you plan to do with it? It’s important to ensure those funds are used in a meaningful way, or saved for the future, and creating a plan for

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Sep 122020

Credit Union Myths Debunked

Posted on September 12, 2020 Uncategorized

  When it comes to their finances, many Americans choose big national or multinational banks for a number of reasons. One of those reasons might include a lack of awareness regarding credit unions, and possibly believing any of the myths surrounding them. Credit unions have existed in the United States for more than 160 years, and with thousands all over the country, it’s becoming easier to dispel these myths and misconceptions.   If you’re still unsure whether a credit union is right for you, here are a few of the debunked myths regarding credit unions that you might find interesting:

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Sep 052020

How to Add Value to Your Home Before You Sell?

Posted on September 05, 2020 Uncategorized

  When it comes to your home, you want to ensure its value and that it retains its value in the event that you’d like to sell. But regardless of whether you’ve just moved in, or if you’re considering selling and buying a new home, investing in your home is important – including renovations and repairs that can help increase the value of your home so you get a solid return on your investment in the event that you sell. It’s important to spend wisely on these investments, but to also get the best for what you’re paying.   Here

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Aug 302020

Working from Home – How to Create A Distraction-Free Home Workspace

Posted on August 30, 2020 Blog, Blog, Blog, Blog, Blog, Blog, Blog, Blog, Blog, Blog

  Since March of 2020, roughly half of working Americans began bringing their work home with them – literally. As a result of COVID-19, many offices closed their doors to non-essential employees, leading many to have to work remotely full-time. For many it wasn’t a huge change, but for others, especially parents and those responsible for taking care of family members, it presented a challenge. Working from home became a “new normal” of sorts.   Finding a solid work-life balance when your work and personal life are under the same roof can seem daunting, but it doesn’t have to be.

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