Money Minutes | General Electric Credit Union Blog | Financial Resources

Choosing a Beneficiary for Your IRA or 401(k)

Sep 15, 2021 | 6 minute read

Selecting beneficiaries for retirement benefits is different from choosing beneficiaries for other assets such as life insurance. With retirement benefits, you need to know the impact of income...


Break the Cycle: How to Save When There Isn’t Room in the Budget

Sep 10, 2021 | 4 minute read

66.1% of millennials in the Midwest report living paycheck to paycheck.1 If you fall into this group, you know that saving can sometimes feel like an unattainable luxury. How are you supposed to...


Stay-at-Home Parent’s Guide to Building Credit

Sep 9, 2021 | 4 minute read

Being a stay-at-home parent comes with many perks, including more time to spend raising and shaping the little ones in your life. But it can also come with some unique challenges regarding credit....


The Future Is Now: Why You Should Bank Digital

Sep 3, 2021 | 2 minute read

The COVID-19 pandemic fast-tracked a growing trend among Americans: digital banking solutions. Many switched to online banking or mobile apps to maintain account access at home. If you have yet to...


Mid-Year Is a Good Time for a Financial Checkup

Sep 1, 2021 | 3 minute read

The first half of 2021 is behind us, and a mid-year financial checkup may be more important than ever this year. Here are some ways to make sure that your financial situation is continuing on the...


How to Juggle Buying and Listing a Home for Sale at the Same Time

Aug 26, 2021 | 4 minute read

If you’re currently attempting to buy and sell a home at the same time, the weight of juggling two big transactions may be weighing on you. Luckily, there are some tips and tricks to help you...


Why It’s Beneficial to Keep Your Accounts at One Credit Union

Aug 17, 2021 | 2 minute read

While it can be tempting to venture into new territory, new doesn’t always mean better. Housing all your accounts with one credit union can be advantageous so long as certain expectations are met...


How a Digital Wallet Can Take Your Finances to the Next Level

Aug 13, 2021 | 3 minute read

Have you ever left your wallet at home on accident? Or, maybe you’re someone who loves using digital solutions when it comes to your money. Whatever the case may be, a digital wallet is a secure,...


How to “Bounce Back” After a Bounced Check

Aug 10, 2021 | 2 minute read

Whether you gift checks to family members or you still use this payment method in your day-to-day life (hey, no judgment here! We appreciate the classics, too), you may have forgotten to confirm...