Testimonials

father throwing child into the air
father throwing child into the air

Testimonials

United Community Credit Union has a great story to tell, but we want our members to share it.

 

What do you love about us? How have we been able to help you accomplish your goals? We want to hear from you.

 

Share your stories with us so we can share them with current and potential members. The first 10 people to respond will each win a $10 Visa gift card, and one lucky respondant will win $100!*

*Promotion can be changed at any time. See credit union for details. Federally insured by NCUA. 

Last-Minute Halloween Costumes on a Budget

ghost in a field
ghost in a field

Last-Minute Halloween Costumes on a Budget

Halloween is almost here and that means your time to find a costume is limited. If you are like many Americans, a Halloween costume is something that seems to slip to the bottom of the list every year. Whether you are putting together a last-minute fix for your kid or a low-key costume for the neighborhood party, we have a few options for you.

Charlie Brown ghost costumeStick with the classics.

Everyone knows Charlie Brown. While his dreary disposition may not seem like the ideal inspiration for a fun Halloween costume, it is important to remember that Charlie always keeps it simple. Stock up on the following materials and create your own Peanuts ghost costume.

  • 1 white bed sheet
  • 5 sheets of black cardboard paper
  • 1 pair of scissors
  • 1 container of glue

Punny is priceless.

Two men in demin outfitsEveryone knows someone who doesn’t like to dress up. If you are that person, you’re in luck, this one’s for you. This costume commandeers the style of our Canadian brothers and relies heavily on denim. Grab your favorite pair of jeans, a denim jacket or shirt, and one “HELLO MY NAME IS” name tag. Fill out the name tag with the name “Jean” and you’re good to go. As a bonus, this costume will definitely keep you warm even on a cool October night.

  • 1 pair of jeans
  • 1 denim top
  • 1 “HELLO MY NAME IS” name tag
  • 1 marker
  • Denim shoes or hat (optional)

Kick it old school.

Couple dressed as the 70’sStyle is always changing and with decades of life experience comes decades of outdated apparel lining the back of your closet. Dig into your closet and revitalize one of your favorite old-school looks. From the bell-bottoms and big collars of the 70’s to the big hair and bright colors of 80’s your Halloween costume is hiding in your closet, you just have to find it.

  • Willingness to relive past fashion mistakes

At the end of the day, Halloween is about having fun. Keep the stress and the cost low this year and handle the whole process in-house with these easy last-minute costume ideas.

Make Your Money Work for You

stacks of coins and jar of coins
stacks of coins and jar of coins

Make Your Money Work for You

Every day you hustle. Nose to the grindstone getting through the workday. You’re working hard for your money, but have you ever stopped to think how your money can work for you?

Making your money work for you goes beyond an emergency fund or simply being debt free – although, both concepts are a necessity in this instance. It’s about taking the money you’re already making and making it generate returns for you.

But, how? There’s no simple answer or even a single way to do it, but these tips can help you get started.

Get out of debt

First things first, if you have debt get rid of it. After all, you can’t invest in you and your future if you’re giving your money to other people. The first step to a debt-free life is figuring out exactly how much you owe. Most people don’t even know how much debt they’re in, according to a study from The Federal Reserve opens in a new window. Once you know how much debt you have, decide how you’re going to pay your debt.

Budget

The most important way to change the way you handle your money is to budget. By creating a budget, you are telling your money what you want it to do. When you assign each dollar into a category, you’re controlling where your money goes and what it does. It’s a great first step in reaching your financial goals. Think about it this way: your budget is like a fitness tracker in that it helps you monitor your money. When you monitor your money and know where it is and what it’s doing, it’s easier to make it do what you want it to do.

Utilize retirement accounts

Don’t sleep on opportunities to invest in a 401(k) or Roth IRA. A 401(k) is great because you’re contributing pre-tax money into your account, and you get free money from your employer in the process. Think about it like this: you earn $100,000 a year and your company offers a 3% match on your 401(k). If you invest $3,000 (3% percent of $100,000), your company will match that leading to $6,000 being added to your 401(k). A Roth IRA works just a little differently. Unlike the 401(k), a Roth IRA leverages after-tax income. However, when you begin to withdraw the money at retirement, you won’t pay taxes on your withdrawals.

Start a side hustle

Uber, GrubHub, Instagram – all of these companies began with an idea that blossomed into billion-dollar companies. What’s your passion and can you turn that into a billion-dollar idea? Consider starting a side hustle and find ways to make some extra money. It could be a traditional second job, a work-from-home job or turning your ideas into ways that add to your savings. If you can structure your budget and expenses around your primary source of income, any money you make from your side hustle can go straight into your savings.

Create passive income streams

Passive income is money you earn with little to no effort involved. Once it’s set up, passive income will earn you money while you sleep. Creative passive income does require some type of investment upfront, whether that’s time or money, but it’s an investment that can lead to huge payoffs later.

Building your future is important, and it takes a lot of hard work. At United Community Credit Union, we’re just as interested in your future as you are. We want to help you take the necessary steps to make your dreams come true.

Maybe you need to consolidate your debt or look at options to pay off some debt. Maybe you’re looking to refinance your car in order to lower your payments and save a little money each month. Whatever it is, let us help you. Stop by and see us or give us a call to get started.

Brace Yourself: Santa Shock is Coming

Piggy bank with santa hat
Piggy bank with santa hat

Brace Yourself: Santa Shock is Coming

Let’s talk about Santa Shock, shall we? No, not the “I saw Mommy kissing Santa Claus” kind. For this conversation, we will use “Santa Shock” to refer to that icy sense of regret that creeps in when you open those first post-Christmas credit card bills. If you’ve ever blown past your self-imposed holiday spending limit, you know exactly what we’re talking about.

 

The realization that you racked up additional debt can be an isolating frustration—something you’d rather keep to yourself, but it might help to realize that roughly 77% of Americans admitted to crashing through their respective financial barriers opens in a new window just like you. We know, we know. You don’t want to celebrate other people’s bad decisions, but when it comes to financial challenges, misery may not love company, but it kinda likes having it around.

 

You overspent. Now what?

Let’s face the facts. Once the gifts have been opened, the holidays have passed, and the bills roll in, your budget may be a little tighter than you’d like. When you’re faced with those oversized balances, it can be tempting just to make minimum payments and figure out your finances later. But thanks to those pesky credit card interest rates, that approach not only makes the problem last longer, it also makes it more expensive. This year, why not get creative and recover from Santa Shock as quickly as possible?

 

3 Practical Tips for Paying Off Holiday Debt

If you want to pay off your holiday debt sooner rather than later, try these simple ideas to free up some funds and get your budget back on track:

 

Cut cable. Since the average cable bill is roughly $107 per month opens in a new window, this step doesn’t require much of an explanation. Unless you’re in the middle of a long-term contract with early termination charges, canceling your monthly cable subscription can save you more than $1,000 per year—more than enough to pay off all or most of those holiday debts. And with affordable streaming options like Netflix and Hulu, you can still keep up with many of your favorite shows.

 

Closet clean out. If you got new clothes for Christmas, you have to make room in the closet, right? Instead of packing them away, gather up your gently used items and try to sell them online opens in a new window. Apps like ThredUp, Poshmark, OfferUp, and Facebook Marketplace make it incredibly easy to reach thousands of potential buyers without leaving the comfort of your home.

 

Meal prep for a couple of months. Everybody has to eat. There’s no way around that. And while dining out is convenient, it can also end up costing you more than you realize. Depending on where you live, a single meal at a restaurant can set you back $10-12. If you go to a restaurant more than once a day, you may be spending far more than you need to. By planning ahead and preparing meals in advance opens in a new window, you can save on dining costs and redirect some of your food budget toward your credit card balances.

 

We’ve already established the fact that it’s fairly common to go over a holiday budget. However, sometimes we get carried away with the yuletide spending and wind up over our heads financially. If you find yourself deep in debt and unable to find a way out, don’t be afraid to ask for help. Our team of financial specialists can help you assess your current situation and then recommend the best programs, products, and solutions for your specific needs. With our help, you might even be able to avoid Santa Shock altogether next year!