Money Minutes | General Electric Credit Union Blog | Financial Resources

The Hidden Costs of Working Remotely

Jun 23, 2020 | 3 minute read

Since the peak of the Coronavirus (COVID-19) pandemic, millions of Americans have worked remotely to prevent the spread of the virus. As organizations and employers actively adjust to the ever...

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Closing a Retirement Income Gap

Jun 22, 2020 | 6 minute read

When you determine how much income you'll need in retirement, you may base your projection on the type of lifestyle you plan to have and when you want to retire. However, as you grow closer to...

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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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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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Retirement Plan Considerations at Different Stages of Life

Feb 18, 2020 | 6 minute read

Throughout your career, retirement planning will likely be one of the most important components of your overall financial plan. Whether you just graduated and accepted your first job, are starting...

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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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