The Health Savings Account

Most Americans who go broke annually do so because of medical debt, leading 530,000 families to file for bankruptcy every year. One reason for this is because health care in America can be extremely expensive, and health insurance coverage, even when offered through employment, is often woefully inadequate. Another reason is that Americans don’t often […]

How to Budget for Home Projects

A renovation project can add square footage, modern fixtures, value, and comfort to your home, but what does it take to get started?  How much does a home renovation cost, and how much should you spend? Like most self-directed projects, once the idea to commit to a renovation takes hold, the question of budget rises […]

Teach Your Kids Good Money Habits

It’s never too early to begin teaching your kids about money, and there is no better time to start than today. Parents are uniquely equipped to pass on this crucial life skill because young children, as a rule, learn to negotiate the outer world by observing and imitating their primary caregivers. Who better than successful […]

Tips for Better Budgeting as a Couple

Your financial goals, budgets, savings, and debt can all be managed at your fingertips with DECU’s Digital Banking. But what happens when your single life changes and you combine economic households? Your finances undergo a transformation too, and this week the DECU Daily is here with tips on how to merge financial forces when two […]

How To Save On Utilities

A family budget can expand and contract over the seasons to cover utility bills. Heating, cooling, power, lights, and water all add up, whether in summer heat or winter chill, and a typical American family spends more than $1,400 per year to keep itself in comfort. But did you know that there are plenty of […]

Plan Your Family Vacation Budget

Vacation season is here, and with an improved national health forecast, there are plenty of reasons this year not to skip your trip. Hotels are open, airplanes are flying, and the big tourist destinations all have measures in place to keep you and your family healthy and safe. But all that travel risk comes at […]

Why Budget?

When you know your income and track your expenses, it helps you understand how to invest, save and pay off debt. But just tracking your expenses doesn’t change how much money you can spend every month; it only ever tells you where that money is going.  The path to personal financial wisdom is enlightened by […]

How To Save For A Down Payment On A House

Nationwide home buying statistics for 2020 are not going to look like the rest of the century, because of the economic disruptions caused by Covid-19, but in 2019 the average median down payment for first-time homebuyers was 6 percent of the purchase price.  Likewise, in 2019 the average cost of a brand new home in […]

Five Resolutions for 2021

2020 has been a year of wild extremes. Your year-end financial resolutions might have taken a beating, or they might have found extremely radical success. Resolved in 2020 to spend less? Quarantine and lockdown may have made your shopping and impulsive purchases harder to accomplish, and savings may have come naturally, just not the way […]

Holiday Spending and Savings

Do things just cost more? Last Christmas how much did you spend on gifts? Do you feel like matching that amount this year? Are we all just long-haul climbers walking up a forever mountain of pre-printed gift season price tags? What if we showed you that the amount you spend on Christmas gifts has an […]