Money Minutes | General Electric Credit Union Blog | Financial Resources

Claiming a Tax Credit? The PATH Act May Delay Your Tax Return

Feb 17, 2022 | 3 minute read

It’s 2022, and some of the pandemic-era relief measures many Americans depended on over the last two years have gone away. Despite this, many people are still struggling and looking to their tax...

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30 Ways You Can Be Kind During Random Acts of Kindness Week

Feb 16, 2022 | 3 minute read

 

Random Acts of Kindness Week (RAK Week) was founded by the Random Acts of Kindness Foundation – who started Random Acts of Kindness Day in 1995; this later became a week-long celebration in 2018....

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What to Look for in a Business Checking Account

Feb 10, 2022 | 4 minute read

You started a business to be your own boss and to share your ideas, services, and products with the world (or, just the Tri-State area!). You’re passionate about what you do, and you need banking...

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Balance Transfers: Fall in Love with a Low-Rate Card

Feb 8, 2022 | 4 minute read

Did a sweet opening bonus cause you to overlook a sky-high credit card interest rate? If so, you may have found yourself with a sizeable chunk of debt and unable to catch up. Don’t stick around in a...

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Debit Cards are a Wallet’s First Draft Pick

Jan 28, 2022 | 4 minute read

A debit card gives you easy, secure access to funds in your checking account. If you’re like many Americans, this piece of plastic has a lot of competition in your wallet. From credit cards to cash,...

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3 Compelling Reasons to Switch to eStatements

Jan 26, 2022 | 3 minute read

Each month, you receive a statement from your credit union that details the income and spending activity on an account. You can use these statements to review spending habits and even spot...

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5 Need-to-Know Facts About Tax Season 2022

Jan 24, 2022 | 5 minute read

Another year has passed (allegedly), and tax filing season is here again. The COVID-19 pandemic changed many things, including last year’s federal tax deadline and the time it took for the Internal...

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Venmo, Paypal must report annual business transaction totals over $600

Jan 14, 2022 | 2 minute read

Is your social media feed full of headlines about a $600 IRS reporting change for Venmo or Paypal transactions? There’s been a lot of confusion and misinformation surrounding this provision, and it’s...

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Avoid These 3 Mistakes During the Homebuying Process

Jan 12, 2022 | 5 minute read

While you may feel ready to dive head-first into the real estate market, it’s wise to pump the breaks and familiarize yourself with the common mistakes people make when buying a home. Doing so will...

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Tackle Holiday Debt with a Balance Transfer

Jan 11, 2022 | 3 minute read

The holidays are over, but the credit card debt remains for many. In fact, four in 10 U.S. adults report willing to go into debt – or deeper debt – for holiday shopping.1 Your balance payoff strategy...

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