Money talks.

Our blog is written by experts — who also happen to be real people who have experienced the same financial concerns you have. Read on for real talk about real finances.

3 steps to take when transferring a credit card balance

If you’re chipping away at a mountain of credit card debt, you might feel like it’s a never-ending task. Part of the reason it can be hard to gain ground is high interest rates that continually add to your bottom line. If you’re looking at a pile of debt with a sky-high rate, a balance transfer might be a good option for you. While transferring a credit card balance won’t magically make... Continue Reading »

How to get out of debt: Breaking bad financial habits

Being in debt can be a heavy burden to bear. Not only does it affect your wallet, but it can also have consequences for your emotional and physical health and more. But there is a light at the end of the tunnel: The biggest secret to getting and staying out of debt is changing your mindset about money. Here we explore the psychology of bad financial habits and offer tips for breaking them, to h... Continue Reading »

Travel safe! ID protection while traveling

Travel can be a wonderful adventure – but traveling has a dark side, too. Tourists are often targets for identity thieves who might use information from credit cards, IDs, and passports to wreak financial havoc. Even more challenging, victims might not realize they’ve been struck until they get back from the trip, potentially making the damage even worse. Limit your vulnerability with these si... Continue Reading »

Is VA financing right for you? A webinar recap.

When financing your home, the options can seem overwhelming and complex. Opinions and information abound, making it difficult to find the choices that might be best for you. Fortunately, SAC FCU recently presented a webinar about whether a Veteran Administration Guaranteed Loan (also known as VA financing or VA loan) could be a good option for you. Alan Stoltenberg, Vice President of Mortgage L... Continue Reading »

Helping you answer the question, “How much do I need to retire?”

If you plan right, there will come a day when you hang up the gloves, so to speak, on your working days. If you’re asking yourself, “How much do I need to retire?” what’s really on your mind might be at what point you can stop working for a living and start living for the dreams, passions, people, places, interests, and causes that matter most to you. The three simple questions below will ... Continue Reading »

Get in the game: Make a winning plan for your financial goals

It takes a lot of effort for a football team to look effortless on game day. Teams pull it off only after developing stacks of detailed plays and practicing them to perfection. The same holds true when it comes to reaching your financial goals. Hoping for the best does not count as a real plan. So when you’re looking at your long-term financial future, investing a little time in goal setting ... Continue Reading »

Wondering how to pay off debt? Here’s a handy guide to get you started.

For many people, debt can inch upward slowly, especially if there are multiple types of accounts involved, like lines of credit, loans, and credit cards. For others, a major event – such as a health emergency or unexpected home repair – can throw a careful financial plan out of whack. No matter where you are with loans, getting a handle on your accounts is a great first step toward learning... Continue Reading »

Average credit card debt. (And why you should aim for below average.)

According to the Federal Reserve, the average U.S. household credit card debt is around $7,000 ­– and as a country, we owe over $850 billion in total credit card debt. However, those statistics don’t mean that every adult in the country owes at least a few thousand to credit cards. The stat simply considers the total amount of credit card debt owed and divides that number by the number ... Continue Reading »

Wondering how to repair credit? Here’s one tactic that doesn’t work.

There are many myths when it comes to finances and credit, but one that’s particularly misleading is that moving credit card balances to multiple cards will help someone “hide” debt on a credit report. Unfortunately, many people find out the truth too late: Not only does that sneaky tactic keep debt on your report, but it can actually harm your credit rating too. Talk about a backfire. ... Continue Reading »

Identity theft prevention: insights from one of SAC FCU’s free webinars

Headlines about credit card fraud and stolen identities can be intimidating, but it doesn’t mean you need to keep your cash stashed in your mattress. The good news is that there are plenty of ways to keep from becoming a victim of identity theft.As a part of its ongoing series of free webinars, SAC FCU recently broadcast a discussion about protecting your credit and preventing fraud. Julie Bruni... Continue Reading »