Money Minutes | General Electric Credit Union Blog | Financial Resources

Balance Transfers: Fall in Love with a Low-Rate Card

Feb 8, 2022 | 4 minute read

Did a sweet opening bonus cause you to overlook a sky-high credit card interest rate? If so, you may have found yourself with a sizeable chunk of debt and unable to catch up. Don’t stick around in a...


Debit Cards are a Wallet’s First Draft Pick

Jan 28, 2022 | 4 minute read

A debit card gives you easy, secure access to funds in your checking account. If you’re like many Americans, this piece of plastic has a lot of competition in your wallet. From credit cards to cash,...


3 Compelling Reasons to Switch to eStatements

Jan 26, 2022 | 3 minute read

Each month, you receive a statement from your credit union that details the income and spending activity on an account. You can use these statements to review spending habits and even spot...


Tackle Holiday Debt with a Balance Transfer

Jan 11, 2022 | 3 minute read

The holidays are over, but the credit card debt remains for many. In fact, four in 10 U.S. adults report willing to go into debt – or deeper debt – for holiday shopping.1 Your balance payoff strategy...


Unwrap Your Home’s Equity

Dec 24, 2021 | 4 minute read

The best gifts are those that keep giving. While it’s not a tangible item or wrapped up with a bow, your home equity certainly falls under this category! This asset is the amount of your home you own...


3 Proven Ways to Stay Positive About Your Finances

Dec 21, 2021 | 3 minute read

It’s Look on the Brightside Day. Sometimes, the best way to approach a situation is with positivity. This is especially true when facing money issues. A defeatist mindset won’t necessarily keep you...


Sure-fire Ways to Avoid a Checking Account Overdraft

Dec 17, 2021 | 4 minute read

Overdrafts are a drag. Luckily, you can do your best to avoid them by embracing some simple tips. The options below will help you leave checking account overdrafts behind as we approach the new year.


How to Start Generational Wealth

Dec 16, 2021 | 5 minute read

Generational wealth is much more attainable than you might think. It’s not just passing on a second home or a multi-million-dollar inheritance, because the term includes any financial assistance or...


Common FAQs for Refinancing a Car

Dec 15, 2021 | 3 minute read

Whether you pulled your vehicle out of the dealership lot a year or a few weeks ago, you may still love it – but not the loan you applied for to take it home. If you can relate, know there are other...


Proven Ways to Save for a Home Improvement Project

Nov 29, 2021 | 3 minute read

Is it time to breathe new life into your kitchen? Or, maybe you want a more spa-like experience in your bathroom. Wherever your home needs updates, you can ensure you have the money to make it happen...