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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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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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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3 Simple Things Anyone Can Do to Stay Out of Debt

Oct 3, 2018 | 3 minute read

With a swipe here and a swipe there, it can be easy to live your life on plastic and pile up debt. You’re not alone: U.S. households carried credit card balances that totaled $815 billion in debt...

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How to Dine Out for Less

Aug 14, 2018 | 3 minute read

There’s no doubt packing a lunch or cooking at home can save you money, but if you’re on a budget, you don’t need to avoid restaurants altogether. Here are a few easy ways to eat at your favorite...

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Investment Planning: The Basics

Jul 31, 2018 | 5 minute read

Why do so many people never obtain the financial independence that they desire? Often it's because they just don't take that first step — getting started. Besides procrastination, other excuses...

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