Money Minutes | General Electric Credit Union Blog | Financial Resources

April Market Update

May 7, 2020 | 12 minute read

April began on a sour note for stocks as each of the indexes listed here lost value. Economic reports reflected the negative impact of the COVID-19 pandemic. There were more than 700,000 jobs...

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Coping with Market Volatility

Apr 28, 2020 | 4 minute read

The ups and downs of the market not only plays a toll on your finances, but on your emotions as well. As you’ve worked hard for the funds you’ve accumulated, it’s tough to see any type of loss....

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How to Handle an Unexpected Job Loss

Apr 15, 2020 | 4 minute read

As some businesses close their doors and people are staying home due to the Coronavirus (COVID-19), Americans are finding themselves out of work, either temporarily or due to company layoffs or...

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How to Get Your Stimulus Check Faster

Apr 14, 2020 | 4 minute read

In response to the CARES Act, Americans have started receiving their stimulus money; this is estimated to continue through September.

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How to Spend (or Not Spend) Your Stimulus Money

Apr 13, 2020 | 3 minute read

As a result of the COVID-19 pandemic, many have found themselves out of work, resulting in significant financial stress. To help Americans bridge the gap through this pandemic and cope with their...

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Q1 2020 Market Update

Apr 10, 2020 | 13 minute read

The world's economies and stock markets have been rocked by the spread of COVID-19. Investors' fears prompted a major sell-off in February and March, plunging stocks well below their 2019 closing...

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CARES Act Provides Relief to Individuals and Businesses

Apr 8, 2020 | 4 minute read

On Friday, March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law. This $2 trillion emergency relief package is intended to assist individuals and...

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Coronavirus Scams: What to Know and How to Protect Yourself

Mar 19, 2020 | 4 minute read

There’s no doubt the country, and world, are experiencing unprecedented times. While many are staying home and practicing social distancing, unfortunately, scammers and cyber-criminals are taking...

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11 Ways to Help Yourself Stay Sane in a Crazy Market

Mar 17, 2020 | 6 minute read

Keeping your cool can be hard when the market goes on one of its periodic roller-coaster rides. It's useful to have strategies in place to prepare you both financially and psychologically to...

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February Market Update

Mar 11, 2020 | 11 minute read

With a growing number of countries reporting new cases of the coronavirus, the spread of this virus has prompted a massive panic sell-off, the likes of which haven't been seen since 2008....

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