Money Minutes | General Electric Credit Union Blog | Financial Resources

How the CARES Act May Impact Your Student Loan Repayment Strategy

Jun 4, 2020 | 3 minute read

Due to the COVID-19 pandemic, more than 30.3 million Americans have filed for unemployment as of March 15, 2020.1 To help those struggling during this time, the Coronavirus Aid, Relief, and...

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A Closer Look at High-Yield Account Options

May 29, 2020 | 5 minute read

With the current economic environment, every penny means more. One way to earn more on your hard-earned money is through a high-yield account. But what is a high-yield account? And how does it...

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How to Protect Your Finances During an Economic Slowdown

May 1, 2020 | 4 minute read

As the economy faces uncertain times due to the Coronavirus (COVID-19) pandemic, it’s a good time to evaluate how your money is doing and whether you’re prepared to weather the storm. The more...

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The 12 Best Mobile Banking Features You Need to Use

Apr 30, 2020 | 5 minute read

Managing your money is even easier when you can access accounts right from your smartphone. Mobile banking apps have evolved and if you’re just using your app to check balances, you’re potentially...

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8 Things That Won't Hurt (Whew!) Your Credit

Jan 9, 2020 | 4 minute read

Pay a credit card a month late, and you can count on it hurting your credit score. But there are some murkier areas you may wonder about: What happens if I marry someone whose credit is a lot...

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How to Pay Off Student Loan Debt

Oct 16, 2019 | 4 minute read

Whether you just recently graduated college or completed your degree several years ago, you likely took out one or more student loans to help finance your degree. At the start of the 2019 - 2020...

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Understanding Diversification and Asset Allocation

Jun 25, 2019 | 6 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 | 4 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 | 5 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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