If you are one of the thousands of CFCU members who received an Economic Impact Payment – or stimulus check – this week, we’ve put together a few quick tips on how to make the most of it. Essential Purchases: These items – including food, household staples, medications, and utilities – should be first on your…
With the recent layoffs, lockdowns and economic uncertainty, it’s understandable to feel like you’ve lost control of your finances. As your partners in financial success, we’ve compiled a list of things you can do to minimize the impact of COVID-19 on your finances. Consider Filing for Unemployment Ask for Payment Deferrals on Bills Get Serious…
Oklahoma’s Home Buyer Savings Account Act (SB 961) goes into effect on January 1st, 2020! This bill will allow first-time home buyers in Oklahoma to open accounts specifically for the purpose of saving for eligible closing costs on the purchase of a home, including a down payment, escrow account, inspection fees and appraisal fees. Funds…
Even if you’ve created a comprehensive budget and are sticking to it, it’s difficult to know what the future holds. An emergency fund can help you cover unexpected financial surprises and is an excellent way to get in the habit of saving money. In this post, we’ll answer these common questions about emergency funds: Why…
