Taking control of your financial health starts with education.
About 70% of U.S. private-sector workers have the option to contribute to a retirement plan such as a 401(k), 403(b), or 457(b) plan provided by an employer. Unfortunately, many of them don’t take full advantage of this tax-friendly opportunity to save for the future.
Ready to take control of your finances in the new year? Jumpstart your journey with this simple 11 step financial wellness action plan!
If you’ve ever found yourself dreading your January credit card statements, you’re not alone. With thoughtful planning, you can keep your holiday joy intact without taking on holiday debt.
Taxes can be complex, but understanding them is important, especially when you are a business owner. With proper tax planning, you can save money and support the growth of your business. Here is a breakdown of the essential tax basics for small businesses.
Thinking of buying a home? Estimating your potential mortgage payments is a key step in preparing financially. A mortgage loan calculator is an easy-to-use tool that provides insights into what you can afford by estimating monthly payments, total loan costs and interest. Ultimately, helping you understand what you can afford. Here is a guide to help you make the most of a mortgage calculator on your home-buying journey.
When financing business operations or expansion, loans may be necessary, but high-interest rates can eat into profits and harm your credit if not managed carefully. Keeping debt levels under control is essential to avoid over-leveraging your business and maintaining financial stability. To help you navigate this, here are 6 strategies to effectively manage and reduce your debt, ensuring your business stays on solid financial ground.
Deciding between a staycation and a vacation? To make the best choice, it is essential to consider the value, costs and unique advantages of each. Here is a breakdown of the expenses and benefits to help you choose the option that best suits your needs.
Looking to whisk your kids away on the adventure of a lifetime? We get it, that can be a bit overwhelming, with the extra details and costs that come along with family trips. But fear not! With a bit of early planning and a carefully crafted budget, you can arrange a wonderful vacation that will not drain your pockets. Check out these money-saving tips to help turn those travel dreams into long-lasting family memories.
As home prices continue to rise and DIY culture gains momentum, more people are turning to fixer-uppers as an affordable, customizable housing option. The appeal of personalizing a space to fit your vision can make these homes attractive, but are they the right choice for you? Let’s explore the pros, cons, challenges and benefits of buying a fixer-upper to help you decide if it aligns with your goals, budget and skills.
If you have been affected by a recent federally declared major disaster, you may be relieved to hear that over the past few years, it has become easier to access your work-based retirement plan and IRA money. Following is a brief summary of the rules for qualified disaster recovery distributions and disaster-related plan loans. For more information, please contact your retirement plan or IRA Administrator.
At SESLOC, we’re introducing new ways to help SESLOC Members Save. Whether you are just starting your financial journey, are an everyday saver, or have more to invest, there is something for everyone at SESLOC. We hope these benefits make your holidays more merry and bright and help you reach your financial goals and dreams in the coming year.
Consider making moves to Level Up, with our new member benefits program.¹ Increasing benefits include select fee waivers, waived check orders, and rate discounts on new eligible consumer loans — all of which can help you save even more money and get ahead financially.
Here are the answers to common questions about Level Up, our new member benefits program.¹ Have more questions? Call us at (805) 543-1816 or visit any SESLOC branch:
SESLOC is pleased to announce that we have received two prestigious awards this year. The recognition we have earned serves as a testament to our commitment to excellence and dedication to providing exceptional financial services to our valued member-owners. We are proud to share this achievement with you, as it highlights our ongoing efforts to deliver top-tier products and services that meet and exceed the financial needs of our community.
SESLOC is pleased to announce that as of November 1, 2024, there has been a reduction in overdraft fees. This change is part of our commitment to providing cost-effective solutions for our membership and community. These savings will be extended to members but will have the greatest impact on those facing financial challenges, who need a break from fees to begin saving and building healthy financial habits.
