Why the Holidays are a Good Time to Consolidate Your Debts

Man holiday shopping on phone after consolidating debts.

by Elaine Lacy on December 8, 2023December 8, 2023 Credit , Debt Reduction , Education , Financial Planning , Holidays , Money Management , Personal Loans budget , budgeting , Debt Consolidation , finances , financial planning , Holidays , money management , personal loans

During the holiday season, you’re likely making a list and checking it twice. But between gifts, travel, and festive celebrations, it’s easy to lose sight of holiday spending and your financial goals. This year, why not add “consolidate my debts” to your wish list? The […]

Wants vs. Needs

by Elaine Lacy on January 12, 2021January 14, 2021 Education , Money Management budget , budgeting , tegfcu , wants vs needs

What is a “want?” And what is a “need?” While everyone has their own wants and needs, being able to differentiate between the two can be difficult. Being able to clearly define each can help you improve your savings, which can help you build up […]

Types of Expenses

by Elaine Lacy on January 12, 2021January 14, 2021 Education , Money Management budget , budgeting , Expenses , fixed , irregular , variable

Fixed expenses, variable expenses, and irregular expenses are the three categories that make up your budget, and are vitally important when learning to manage your money properly. When you’ve committed to following a budget, you must know how to put your plan into action. […]

Four Finance Topics Every Kid Should Know

by Elaine Lacy on November 24, 2020July 5, 2022 Education , Financial Planning , Just For Fun budgeting , finance , financial tips , kids , tegfcu

It’s never too early to learn how to handle your money. Imagine if your child were suddenly about to move out but never learned how to manage an income. The things kids need to now about finances are not that different than what adults need […]

4 Ways to Celebrate National Financial Awareness Day

Sprouts growing out of coin money stacks

by Elaine Lacy on August 14, 2020August 14, 2020 Debt Reduction , Financial Planning , Money Management budgeting , financial awareness day , money management , planning , savings , tegfcu

With all the uncertainty and financial ups-and-downs this year has given us, it’s important we take a step back and reevaluate, reassess, and regroup. Financial awareness means different things to different people. For some, it comes with the awareness and monitoring of a savings or […]

My Savings has Been Wiped Clean; How can I Replenish it?

by Elaine Lacy on July 21, 2020July 14, 2022 Debt Reduction , Education , Financial Planning , Money Management budget , budgeting , Emergency Fund , financial goals , financial planning , savings , spending , tegfcu

Q: The last few months have been really tough on my finances, and I’ve been forced to use my savings for getting by. My emergency fund and savings account are basically zero. Now that my financial situation is starting to improve, I’d like to start […]

How to Create a Budget in 6 Easy Steps

by Elaine Lacy on June 16, 2020June 16, 2020 Debt Reduction , Financial Planning , Money Management budget , budgeting , finances , financial planning , money management , tegfcu

If you’re always wondering how you’re going to pay the next bill, feel guilty when you indulge in overpriced treats and you can’t seem to find money to put into savings, then you probably need a budget. A budget is not a magic potion that […]

Why Does my Credit Score Matter?

by Elaine Lacy on June 16, 2020June 23, 2020 Credit , Debt Reduction , Education , Money Management budgeting , credit , Credit Score , finances , money management , tegfcu

Your credit score is made up of three numbers, serving as an indicator of your financial history, wellness and responsibility. These three little numbers can spell the difference between approval and rejection for a mortgage, a job, a rental unit and so much more. We […]

Tag: budgeting