Finance

The Powerful Way the Credit Union Philosophy Improved Banking

How the Credit Union Philosophy Improved Banking

By | Articles, Finance | No Comments
The story of finance has been full of changes. Even to this day, our money continues to evolve. Opinions about wealth control the mainstream, so it's easy to understand how events shift. That being said, the credit union philosophy shook our entire set of banking conventions. The historic path of U.S. credit unions started with just a single notion. Though it took a lot to make it stick, we still reap the rewards. The birth of the credit union philosophy Alphonse Desjardins was a journalist with simple beliefs. He felt that it was wrong for lenders to benefit from making...
Read More
What is the Best APR for a Balance Transfer Promotion?

What is the Best Rate for a Balance Transfer?

By | Articles, Finance | No Comments
Want to know something about debt? It's everywhere. More than 189 million Americans have credit cards. Additionally, the average cardholder has at least three of them. So, why should we worry about the APR on a balance transfer promotion? Not only does switching to a lower APR help you get out of debt, but it's also a breath of fresh air. Imagine, reducing multiple credit cards down to one and paying less interest all at the same time. Most people don't know their current APR It's true. Most people do not know the current APR of their credit cards. They work hard to pay...
Read More
Refinancing a Car Loan Can Free Your Budget

Refinancing a Car Loan Can Free Up Your Budget

By | Articles, Finance | No Comments
You've heard experts talk about refinancing. To be good with money is to be someone who knows how to use it wisely. Money moguls allow their accounts to work for them and debt is not an issue. Most of all, a high APR doesn't even cross their vocabulary. But, what if you're not an expert or a mogul? What if you're an everyday person and you just want more out of your monthly budget? You don't have the time (or interest) for games, and you think that refinancing a car loan should be straight forward. How is all of this...
Read More
How to Handle a Fraudulent Social Security Call

How to Handle a Fraudulent Social Security Call

By | Articles, Finance | No Comments
Robocallers, telemarketers, and crooks, oh my! The rash of scam phone calls is on the rise. Have you ever experienced a fraudulent Social Security call? If you answered "yes", you're not alone. Several people report receiving a pre-recorded message from the "Social Security Administration." The call attempts to retrieve personal information and/or payment. Similar to email scams, the recording evokes a sense of urgency. It advises callers to act quickly to avoid more penalties. Additionally, a fraudulent Social Security call will usually state that your account has been frozen. Does the Social Security office make phone calls? Beyond the recorded...
Read More
Short Term Financial Goals to Crush Debt Quickly

Short Term Financial Goals to Crush Debt Quickly

By | Articles, Finance | No Comments
Multiple debts are difficult to manage. Without specific long and short term financial goals in place, the vicious cycle has no end. In fact, the average American has over $38K in personal debt, not including their mortgages. Things like student loans, auto loans, and even store credit cards all play their part. So, what's the best way to tackle it? To answer this question, we created a list of short term financial goals. These tips will help you manage your revolving balances. Continue reading to find out more. How to get out of debt Getting out of debt means paying...
Read More
When Should You Actually Get Your First Credit Card?

When Should You Get Your First Credit Card?

By | Articles, Finance | No Comments
With an overload of options, applying for your first credit card can seem confusing. You know you want to establish good credit, but what's the best way to do it? Additionally, many new adults are unaware of the proper steps to increase their credit score. They open a line of credit simply because they can. There's no strategy and before they know it, their outstanding balance is in the thousands. Here are a few things you should know before you get your very first credit card. Do you think you're ready? Continue reading to learn more. Understanding debt-to-income ratio Before...
Read More
Will a Spring Capsule Wardrobe Save You Money?

Will a Capsule Wardrobe Save The Earth? (And You Money?)

By | Articles, Finance, Lifestyle | No Comments
Seasonal clothing is popular amongst trendsetters, but how beneficial is it to the Earth's longevity? Is it worth the time and investment for the average shopper? Is it possible for a spring capsule wardrobe to save you money in the long run, or is a just a bunch of hype? If you're looking to buy a few springtime clothing pieces this year, then this post is for you. Continue reading to learn more. Create a spring capsule wardrobe With considerations such as time, closet space, and fashion preferences, a summer or spring capsule wardrobe seems like a lot to do....
Read More
The Most Popular Way to Finance Home Improvements

How To Pay For Home Improvements

By | Articles, Finance, Home Buying | No Comments
The beginning of the year marks the start of multiple projects. Homeowners want to make big changes during the Springtime but aren't sure if they can fund them. If you're in the same dilemma, let's look at the most popular way to finance home improvements. Different types of home improvements For starters, there are multiple things you can do to your home. Common projects include kitchen remodels, bathroom remodels, flooring, and landscaping upgrades. Even if you know exactly what you want to do to improve the value of your home, you may still wonder the best way to pay for...
Read More
Quickly Improve Household Income and Cash Flow

How to Find Your Side Hustle And Pad Your Bank Account

By | Articles, Finance | No Comments
The first few months of the year mark the time to repay last year's debts. We want to pay off our bills, and we want to do it quickly. Furthermore, we desire to have a little extra money left over. In this post, we discuss how to side hustle and create more cash flow. Find out all the ways to loosen your budget by reading more below. Understanding your household income Before we begin with ways to earn extra money, we want you to think about your budget. In order to improve household income, one must first come up with...
Read More

Achieva Life blogs and articles are intended to provide general information, thoughts, and articles in regards to the topics covered therein. Achieva Life is provided with the intent and understanding that Achieva Credit Union is not engaged in the act of rendering financial, consulting, medical, technological, legal, accounting or any other professional advice. The information provided within Achieva Life is not intended nor should be used as a substitute for medical, legal, or other professional advice or other expert opinions. Achieva Credit Union is not responsible for the accuracy of the information on Achieva Life and makes no representation regarding the accuracy of the content. Achieva Credit Union reserves the right to delete or block any comments. The content and comments on Achieva Life do not necessarily reflect the views of Achieva Credit Union.