Money Minutes | General Electric Credit Union Blog | Financial Resources

 

Understanding Diversification and Asset Allocation

Jun 25, 2019 | 5 minute read

When investing, particularly for long-term goals, there are two concepts you will likely hear about over and over again — diversification and asset allocation. So, what is diversification and...

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How to Recover from a Mid-Life Financial Crisis

Jun 4, 2019 | 3 minute read

A financial crisis can be scary at any age. Perhaps you’re behind on saving for retirement or have too much debt from unnecessary spending. Or maybe your finances took a direct hit from an...

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16 Tips to Save Money Every Month

Apr 16, 2019 | 5 minute read

One of the biggest struggles many of us face is finding the balance of spending less so we can save more. A great way to do just that is by cutting costs on monthly expenses. By analyzing...

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10 Ways to Teach Kids of Any Age to Save Money

Apr 12, 2019 | 4 minute read

For many of us, we learned the importance of saving money the hard way through trial and error. Given the value financial skills and knowledge plays in navigating life successfully, it’s...

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9 Tips to Spring Clean Your Finances

Apr 9, 2019 | 3 minute read

Just like you may take extra time to clean your house each spring, it’s also important to: clean, organize, and refresh your finances so your financial well-being can flourish.

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IRA Money Market: Put Your Retirement Goals Within Reach

Mar 15, 2019 | 2 minute read

With all of life’s unexpected expenses, saving for retirement might not have always been at the forefront – at a younger age, there was more time to make riskier investments. As you reach your...

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Here's Why Opening a Certificate is Really Worth It

Mar 7, 2019 | 2 minute read

We save for numerous reasons – an upcoming vacation, college tuition, retirement, and other expenses, both expected and unexpected. Saving provides peace of mind, so we aren’t financially stressed...

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Don't Let Retirement Savings Goals Get You Down

Feb 5, 2019 | 6 minute read

As a retirement savings plan participant, you know that setting a goal is an important part of your overall strategy. In fact, over decades of conducting its annual Retirement Confidence Survey,...

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IRS Announces Increased Contribution Limits for 2019

Jan 23, 2019 | 4 minute read

The IRS has recently announced that you can contribute more to your retirement savings accounts in 2019.

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Regulation D and Why it Matters

Dec 17, 2018 | 3 minute read

“This transaction cannot be processed.” It’s the dreaded phrase you read from your banking app or online banking, but you don’t understand the reasoning, or what it is exactly. This regulation was...

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