Debt can be a challenge to manage, even in the best of times. Now, with the economy in the news nearly every day, how do you effectively manage your debt as the cost of borrowing for things like homes, cars, and credit cards rises?
Inflation continues to put pressure on household budgets. From groceries to gas, record-breaking inflation means the purchasing power of your money is decreasing each month.
Here are seven ideas to help shape children’s attitudes and behaviors around finances. These everyday lessons provide opportunities to intentionally model good money management.
While home grocery and meal delivery are fast and convenient, it can be helpful to weigh the pros and cons of the added expenses involved if it is a choice and not a necessity. Outlined here are the key cost considerations of home grocery deliveries, restaurant deliveries, and home-delivered meal subscription boxes.
If you are dealing with debt, you aren’t alone. The average American household has an average balance of about $6,600 in credit card debt, and that’s not taking into account home, auto, and student loans. Paying off your debt isn’t always easy, but having a plan can go a long way in achieving your financial goals.
Practical money management skills learned at an early age can have a lasting impact on the rest of your child’s life. In fact, this is one of the most important areas where you can truly change the course of their life. Educating your children about financial wellness will help them build healthy spending habits for the future.
Have you ever wondered if credit counseling might help you? Most of us have never stopped to even think about what credit counseling is until we find ourselves facing a financial roadblock. Credit counseling isn’t just for those who need to improve their financial health — it can also help you to be more proactive in maintaining your finances as well.
SESLOC Credit Union is thrilled to introduce the Instant Funds loans, a new short-term, small-dollar loans program designed to support individuals in need of emergency financial assistance. Keeping the credit union philosophy of “people helping people” in mind, we are introducing this product to ensure there is financial support for the underserved and underbanked in the Central Coast community.
We’re partnering with News Channel 12 to honor nonprofit volunteers who make our community thrive. Each month, we’re choosing a different nonprofit and asking them to select a valuable volunteer to receive the SESLOC Cares for Community Award. We’re thrilled to introduce Ray Segovia, from the Guadalupe-Nipomo Dunes Center.
For a fifth year in a row, SESLOC held a fundraiser for the SLO Food Bank and Food Bank of Santa Barbara County this past May. With the support from employees and members, SESLOC raised $12,061.89.
On Friday, May 24, over 120 student leaders participating in the Week of Welcome (WOW) program were enriched by a financial wellness workshop hosted by SESLOC at the California Polytechnic State University (Cal Poly) campus in San Luis Obispo. The purpose of SESLOC and Cal Poly providing this workshop was to educate WOW leaders in practical and relevant financial education
On Monday, May 20, SESLOC Credit Union hosted a hands-on, real-world living and budgeting simulation event for 70 students at Central Coast New Tech High School in Nipomo. For this event, SESLOC partnered with Bite of Reality, an app that presents real-life scenarios of maintaining a budget, to improve the financial health and wellness of the Central Coast.
