Financial Tips: Retirement: Planning Ahead
🔮 💸 It’s time to figure out how much money you will need to retire – and where you will find this money to support yourself. It’s good to consider the kind of lifestyle you will want to support, such as budgeting for travel or new pastimes. ☑️ Complete this worksheet from the U.S. Department of […]
Financial Tips: Financial Aid Part 2
🎓 💸 What’s an aid offer and how much aid will I get? If you applied for admission to a college or career school you listed on your FAFSA form, that school will get your FAFSA information. The school will calculate your aid and send you an aid offer (often electronically).Most schools will wait to […]
Legacy Financial Planning: Ensuring a Secure Future for Your Loved Ones
Who doesn’t want to create a positive, sustaining legacy for your loved ones? Legacies such as family traditions, lasting character traits, and possessions are valuable and important for the future, but so is leaving a positive financial legacy. Planning for the future goes beyond personal gain and short-term goals; it also involves making wise financial […]
“We are Family” and together Building Stronger Foundations: The Importance of Family Financial Education
Now that you have that song written by Sister Sledge in your head, let’s talk about the importance of family financial education. At AODFCU, we pride ourselves in the fact that we are truly family owned by each member and take family and finances very seriously. Financial literacy has become an essential life skill and […]
Travel and Fraud Prevention – Safeguarding Your Summer Time – Fun Time
For many people, now is the time to start fulfilling those long-awaited summer activities. You are prepared for a journey to explore new destinations – whether a vacation, a business trip, or some other fun adventure; making sure travel fraud thieves do not ruin your travel plans is essential. Travel fraud is a growing concern, […]
Planning for Retirement: Tips for a Secure Future
Retirement is a milestone that everyone looks forward to. It’s a time when you can finally relax and enjoy the fruits of your labor. It’s also a time that requires careful planning. As with most things necessary, the earlier you start planning for retirement, the better. One of the first questions that comes to mind […]
Financial Tips: Financial Aid Part 1
🎓 💸 Every student who meets certain eligibility requirements can get some type of federal student aid. Below you will find the various types of financial aid for a typical college student. 1️⃣ Federal Grants: For undergraduates with financial need who have not earned a bachelor’s or professional degree. For details and updates, visit ➡️ […]
Financial Tips: Youth & Saving Money
Leading our youth to long-term financial success! 1️⃣ Develop healthy financial habits early. Long-term healthy money habits begin to develop in childhood, as early as preschool. 2️⃣ Create opportunities to save regularly. For example, some branches look very similar to an actual credit union branch with equipment and technology to open accounts, as well as […]
Financial Tips: In-School Credit Unions
Hands-on financial education for our youth! 🌟 Credit unions across the country open branches in elementary, middle and high schools. Referred to as In-School Credit Union Branches or Student-Run Credit Unions, these programs provide a unique hands-on way for young people to learn about taking control of their money and financial future. 🌟 For example, […]
Financial Tips: Disputing Errors on Your Credit Report
How can I correct errors found in my credit report? 👇 Step 1️⃣: Contact the Credit Reporting Agency Tell the credit reporting agency, in writing, what information you think is inaccurate. Include copies (NOT originals) of documents that support your position. In addition to providing your complete name and address, your letter should clearly identify […]
