Finance, just like the economy, is an ever-changing landscape, making it hard for many to navigate. But there are some age-old rules about money that are always dependable, right? Not necessarily. Many financial planning guidelines once considered unfailing have since become financial myths, irrelevant to today. Basing decisions on these outdated or inaccurate personal finance… Read more »
Author: Jennifer Reiszel
5 Essential Questions to Ask Yourself Before Investing in Stocks
Investing in stocks for beginners can seem confusing and even intimidating. And the unpredictable nature of the stock market often leaves many feeling afraid to take the leap. But with a prepared mindset and a tactical approach, investing in stocks is one of the smartest financial moves to make. Unlike a personal loan, which is… Read more »
Guide to Your Retirement Options & IRAs
It’s never too early to start thinking about retirement. Planning now can help to alleviate potential headaches in the future. A well-crafted guide to retirement and IRA options can help to set you on the path towards saving and investing in a secure, sustainable, and healthy financial future. In this guide, you can begin to… Read more »
Financial Glossary: Common Finance Terms
Finance terminology can be a dense and overwhelming subject. To simplify the process, we’ve compiled a comprehensive glossary of finance terms that are essential for adults to know. Financial Terms & Definitions Adjustable-Rate Mortgages An adjustable-rate mortgage (ARM) is a mortgage with a variable interest rate. Initially, the interest rate is usually below the market… Read more »
5 of the Best Short-Term Investment Options in 2021
For many of us, our goal is to live comfortably — especially during the golden years of retirement. To do so, financial investments are essential. And as we learned from 2020, our nation’s economy and individual financial stability can be compromised, leaving many people scrambling for income. As the coronavirus pandemic continues, 2021 could be… Read more »
Beware of Scams and Phishing Attempts During COVID-19.
At HRCCU, security and education is one of our top priorities for our members. In uncertain times, scammers and fraudsters will capitalize on the vulnerability of organizations and individuals. We have already begun to see an increase of scammers calling members and suspicious emails flooding inboxes. Below are a few steps to help you avoid… Read more »
4 Tips for Managing Your Finances During a Pandemic
With the spread of the coronavirus (COVID-19) pandemic across New York State, the United States, and the world, now more than ever we have been challenged to find new ways to mitigate the spread of the virus. This includes the way we do everyday activities — including banking. To help you navigate the coronavirus pandemic,… Read more »
5 Tips for Safe Online Shopping
5 Online Shopping Safety Tips to Use Every Day As technology advances, online shopping continues to grow in popularity for people across the globe.
How Banking Changed in the 2010s
This decade has been ten years of significant technological change, continuing the trend that started in the 1960s, accelerated rapidly during the 1980s, and into the 2000s. One huge piece of that change, which has been dubbed by some as the “Information Revolution”, has been the integration of communications devices into day to day life… Read more »
Long-Term Budgeting: Planning Past the Present
Successful budgeting can be difficult, even when you’re only thinking about things on a month-to-month basis. Things can get overwhelming when you start thinking about budgeting in the long-term for bigger expenses like buying a home, paying for college, or saving for retirement. But it doesn’t have to be! In fact, long-term budgeting isn’t fundamentally… Read more »
