Blog

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.

6 Tips on How to Budget Your First Paycheck

Read Time
5minutes
Ah, there is nothing like the thrill of getting that first paycheck from your first “real” job after college. You have probably spent it a million different ways in your head already, but before you start spending, we have some helpful ideas on how to budget your first paycheck. Get started on the right foot by allocating funds to savings, retirement, and more. And do not worry: You can leave ... Continue Reading »

Travel Safety Tips! Protect Yourself and Your ID While Traveling

Read Time
4minutes
Travel can be a wonderful adventure – but traveling can present risks 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 have been struck until they get back from the trip, potentially making the damage even worse. Limit your vulnerability with these s... Continue Reading »

Financial Literacy Month Resources

Read Time
2minutes
April is Financial Literacy Month! This important topic can seem overwhelming, but Cobalt Credit Union has a variety of free resources to help you throughout your financial journey.  Financial Resource Center  Our online Financial Resource Center is free and available to everyone. There you will find a continually updated collection of financial literacy articles on a multitude of topics, ... Continue Reading »

Smart Ways to Use your Tax Refund

Read Time
3minutes
Your tax refund is here, and suddenly you are envisioning all the items that you can buy. Although small luxuries are a healthy part of any financial plan, when it comes to additional funds like tax returns, holiday bonuses, or unexpected windfalls, saving at least some of that money is important. And when you do, make the most out of those funds by thinking about your financial goals.  Here a... Continue Reading »

Easy Last-Minute Ways to Save for Vacation

Read Time
4minutes
The winter temperatures mean you have been stuck inside lately. Cabin fever has set in, and you are antsy for a getaway. But your bank account is as low as the wind chill readings. Here are some quick tips to help you save for a much-needed vacation and travel expenses.  Build your vacation fund  Sell the clutter  It is never too early to start your spring -cleaning. Take inventory of ... Continue Reading »

Debt Myths and Facts: The Truth About How Debt Adds Up

Read Time
3minutes
Most debt is incurred with large purchases, like big televisions or expensive vacations, so if you just keep those big charges in check, you will be fine, right? Wrong. In fact, for many people, debt sneaks up after using credit cards for small purchases. The following are debt myths and facts that will help you get your finances under control.  Get the facts on these debit myths to take charg... Continue Reading »

Personal Property Insurance: What You May Have Overlooked

Read Time
3minutes
There are things in life you know you need insurance for – your home, your car, and your health, for example. But there are probably other items where you’ve wondered, “Do I need insurance for that?” If you have homeowners insurance, many of your possessions are already covered to some extent, but even so, the short answer is that you probably do have valuables that need additional ... Continue Reading »

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

Read Time
3minutes
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 order. Whether you need help paying down a single item or many, getting a handle on your accounts is a great first... Continue Reading »

Benefits of Saving for the Holidays with a Holiday Club Account

Read Time
3minutes
You might be thinking that we just got done with the holiday season, but the next one will be here before we know it! With rising costs it can cause havoc for your budget. In 2021, the National Research Federation said that Americans spent around $1000 just on holiday spending. That number is expected to increase by at least 20% in 2022, so you'll want to start saving for the holidays sooner rathe... Continue Reading »

Moving Tips and Tricks to Save You Time and Money

Read Time
3minutes
Picking up and moving from one place to another is stressful no matter how far you are going, and it is a task that can drain your wallet if you’re not careful. Use these moving tips and tricks to make sure your move is as effortless (and inexpensive!) as possible.  A little preparation and a lot of effort can decrease your moving costs substantially. Start by getting ready for your move as ... Continue Reading »