Money Minutes | General Electric Credit Union Blog | Financial Resources

The ABC's of 529 Plans

Aug 18, 2020 | 8 minute read

 
529 plans are tax-advantaged education savings vehicles and one of the most popular ways to save for education today. Much like the way 401(k) plans revolutionized the world of retirement...
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6 Do's and Don'ts When Saving Money During a Crisis

Aug 4, 2020 | 3 minute read

Probably the last thing you want to think about during a crisis is working on healthy financial habits like saving money. But if you’re able to save, you can make your eventual recovery easier.

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Planning for Marriage: Financial Tips for Women

Jul 21, 2020 | 6 minute read

When planning for marriage, you'll want to take a look at how this will impact your financial situation. While there are a number of issues you'll need to think about, careful planning can...

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Pros and Cons of a Health Savings Account

Jul 9, 2020 | 4 minute read

A Health Savings Account (HSA) can be a great way to save for one of the most important things in life – you and your family’s health. This increasingly popular account allows you to set aside...

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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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How to Use Mobile Payment Apps for Cashless Payments

Jun 11, 2020 | 4 minute read

In the last few years, cash payments have steadily been on the decline.1 Thanks to relatively new technology, mobile payment apps, it’s easier than ever to send or receive money electronically to...

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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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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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