The facts about your credit score
Your credit score is based on your past and present credit transactions. Having a good credit score is important because most lenders use credit scores to evaluate the creditworthiness of a potential borrower.
Tag: Finances for Families
Financial Literacy on the Front Range – JA Finance Park
Are you familiar with Junior Achievement (JA)? It is the world’s largest organization dedicated to preparing young people to succeed in a global economy. JA utilizes a volunteer network to deliver programs for students on entrepreneurship, financial literacy and work readiness. We are fortunate to have Junior Achievement-Rocky Mountain, Inc. serving our area youth. Elevations’
Goodbye High-Interest Loan: Refinance to Save
There are creative ways to refinance debt and save money in the process. For instance, a lower-interest auto loan can be used to refinance a high-interest loan like a credit card.
Five Questions About Long-Term Care
Long term care is a topic that we are getting more and more questions about and is fast becoming one of the largest parts of the body of work and planning that we do for our clients and members.
Deciding When to Retire: When Timing Becomes Critical
As we near the end of the year, many people start to think about whether it makes sense to retire now or keep their career going. There are quite a few considerations to make. One of the most important things to do is to sit down with your financial advisor and make certain that your plan is in place. This blog provides information from our partners at Broadridge that discusses many of the critical elements that should go into your decision.
Why I Don’t Want to Buy Life Insurance
There are any number of reasons why you don’t want to buy life insurance. However, there are even more reasons that you absolutely need to consider it. September is Life Insurance Awareness Month, so there’s no better time!
What is Socially Responsible Investing?
Your investments don’t only have to serve you – they can serve causes and organizations you believe in. This concept is especially resonant for our team of CFS* Financial Advisors at Elevations Credit Union, where we give back to the community and act in the best interest of our membership. In this article prepared by Broadridge, learn about some of the ways to approach investing through a socially conscious lens.
Disability Insurance Fundamentals
May is Disability Insurance Awareness Month, so it’s the perfect time to consider how your disability insurance policy factors into your overall financial plan. According to the Council for Disability Awareness, just over 1 in 4 of today’s 20-year-olds entering the workforce will become disabled for three months or more before they retire. Disability insurance
Dollars & Diplomas: College Savings Plans
According to the Bureau of Labor’s Consumer Price Index, from December 2005 to December 2015, the average cost of a college education has gone up 55%. With the ever rising costs of tuition, it’s important to start saving early for your child’s college education. Read on for an overview of various ways to save for
Three Retirement Savings Plan Tips
Throughout your career, you may face important decisions involving your retirement savings plan. For example, if your plan provides for Roth contributions, you’ll want to review the differences between these and traditional pretax contributions to determine the best strategy for your situation. While pretax contributions offer an upfront tax benefit, you’ll have to pay taxes
