Money Tips

5 Ways to Spring Clean Your Finances

Q: Spring is here! I’ve cleaned out my house and now I’m ready to take on my finances. I’d love to give them a thorough cleaning, too. Where do I start? A: It’s wonderful that you’ve decided to clean up your finances. Springtime is months after the holiday squeeze and still a while away from the pricey summer season, making it a prime time for whipping your finances into shape. So, let’s get cleaning! 1. Dust Off Your New Year’s Resolutions We get it: Ne...



Creative Ways to Save on Energy Costs

We’ve all heard it before: Close the vents in rooms you don’t use, regularly replace your AC filters and vacuum the coils on your fridge. But what if you’re following all the conventional energy-saving tips and your electricity bill is still astronomical? Here’s where we come in! You know how much we at McCoy Federal Credit Union love helping you save money. So we’ve compiled a list of 10 creative ways to lower your electricity bill – even when the humidity is...



7 Naughty Scams to Watch Out For This Holiday Season

‘Tis the season to be jolly! And unfortunately, ‘tis also the season for scammers to go after your hard-earned dollars. Keep your money safe by reading up on the most common scams taking place this time of year and practicing caution. 1. Phishing emails Always popular, phishing scams get even more prevalent before the holidays. They can take the form of bogus delivery confirmation requests seeking your information or even a personalized letter to your child from “Santa.” ...



6 Times a Bargain Is Not a Bargain

Here’s when that steal of a deal is not such a bargain after all. 1. When you don’t need it The price might be right. But, if the heavily marked-down item is one you don’t need, you’re just blowing money you could be using for savings or to purchase the stuff you actually do need. 2. When it’s a faulty product Sometimes, it doesn’t pay to be cheap. If an item is retailing at a ridiculously low price, hold it up to this checklist to determine its quality: Whe...



6 Ways to Turn Your Dream Vacation Into a Reality

Everyone has their own version of a dream vacation. But, for most of us, it never becomes a reality. Read on for six ways to make that dream vacation come true. 1. Start saving Give your getaway a jumpstart by planning for it all year long. Set up a “Trip jar.” Whenever you’ve got loose change, plunk it in a jar earmarked for your vacation. Use the money you’ve saved to fund one part of your vacation. Brown-bag it. The average American buys lunch twice a week. By brow...



Saving on Home Renovations

Is your kitchen in desperate need of a facelift? Bathroom s haven’t been remodeled since Bush was in the White House? And we’re not saying which one! With the warmer weather approaching, many homeowners are thinking of making minor and major household improvements. And for most, the cost will be prohibitive: The average kitchen remodel tops $60,000 and a bathroom overhaul can run $18,000. No worries, though! With some careful planning and smart choices, you can shave thousands off th...



How To Protect Yourself From Identity Theft

Chances are, you or someone you know has had their identity stolen at one point or another. Identity theft can be expensive, stressful and extremely complicated to recover from. Here are seven ways to protect yourself and your most important data from identity thieves. 1. Secure Your Hard Copies Most people think of identity theft as a digital crime, but many thieves are just as eager to get their hands on your paper documents. While online accounts are password-protected, important paper docume...



Financial New Year’s Resolutions

By the end of January, many of us will have forgotten all about our New Year’s resolutions. It can be difficult to change our lives, even when it’s for the better. Knowing this, we want you to know that, in your financial life, there are changes you can make today that will last the entire year. Here are three resolutions you can set today and some follow-up goals for the rest of the year: Today: Save money automatically. If you want to improve your net worth, build financial securit...



8 Holiday Tips to Get You Through the Year

The holiday season is a special time. With Charlie Brown on TV and carols on the radio, and an ever-growing list of people to shop for, it’s easy to get carried away. The pressure to over-shop and overspend when you’re rushing to buy everything on your list can be overwhelming. No worries, though; we’ve got you covered! Read on for fantastic pre-and post-holiday tips to ensure you’ll have a holly, jolly December without breaking the bank. 6 Pre-Holidays Tips 1. Revise you...