The Potential and Pitfalls of Compound Interest

Did you recently choose the best savings account for a large lump sum? A quarter percent difference in interest is 25 points, but if you compound that interest frequently enough then those 25 points can make a pretty big difference on your Effective Annual Rate down the road. For instance: $10K for 1 year @ […]

10 Tips To Win On Black Friday-Cyber Monday

Thanksgiving comes again this week, and with it Black Friday, the start of the holiday shopping season! Is it us or do deals seem to start earlier and run longer with every following year? Last year, retailers earned $7.9 billion on Black Friday, a rise of 18 percent from 2017. Seventy-seven million shoppers got up […]

How to Build a Credit Score as a College Student

A FICO credit score is built upon several different categories. By knowing what a FICO score is, you can best figure out how to build your credit score quickly. One quick method involves someone with an established credit line being willing to authorize a new-to-credit person be added to already-established credit cards. If this simple […]

5 Questions to Answer When Undertaking a Home Renovation

Whether you’ve purchased a home with the idea of renovating it or you’ve been in your home for years and it’s finally time to update – a home renovation is a journey. That journey may begin with smaller home improvement projects that eventually results in a multi-room home remodel or a total overhaul. Each person’s home renovation will be unique with different expenses and surprises along the way.

What to Expect in a Home Inspection: Checklist and Tips

Every wise homebuyer knows that a home inspection is a must-have before closing a deal on a home. If you choose to do an inspection yourself or hire a professional home inspector, be certain to be educated to get the most out of the inspection. A thorough home inspection will provide quality information and will […]

How to Dig Yourself Out of Debt and Save at the Same Time

Paying down debt can be a daunting task. But with a little self-discipline and some faith in yourself, your financial picture can change for the better in about six months. The following three-part strategy may help you control your cash flow and encourage saving so you can pay off your debt and handle the unexpected […]

What They Don’t Tell You About 529 Savings College Plan

It is to no one’s surprise that parents often start a college savings fund for their child shortly after the child’s birth. College is an expensive investment that most parents are willing to assume for their children. To financially prepare their children for college, most parents choose 529 college saving plans due to tremendous tax […]

Retirement Saving Plan Strategies for Late Starters

We’ve all read articles about retirement strategies and the consistent advice is to start setting money aside as soon as possible. The longer you put it off, the less time your assets have to grow to last you through your golden years. According to the 2017 Retirement Confidence Survey, about 1 in 4 workers (and […]

5 Marie Kondo Inspired Steps to Cleaning Up Your Finances

Every change of the season brings everyone – mom, friend, co-worker – out of the cracks and ready to tell you to deep clean your house and organize your belongings. And sometimes while folding clothes and cleaning windows you’ll enter a period of self-reflection. Amidst the rush to spring clean before it becomes summer it’s […]

7 Ways Your Credit Card Can Save You Money While Traveling

Whether you’re jetting off to your next vacation during the holidays or if you’re planning for a trip, using your credit card’s incredible travel benefits can actually save you a lot of money. DECU’s Visa® Signature Credit Card offers you a premium card experience. The money saving benefits our Visa card provides can certainly make […]