It’s that special time of year when we pledge to do something to better our lives in the next 12 months. Our New Year’s resolution might take the form of a fitness journey, expanding our literary horizons or learning a new skill. Then again, your financial fitness, your financial literacy, and your financial skills could all be spruced up with one particular resolution… joining a credit union!
Here are three great reasons you should make joining Sioux Falls Fed a part of your 2021 plan.
You’ll know it when you see it—that awesome card with great rewards and a rate to write home about… but what do you do next? What does selecting a credit card entail, and what steps should you take to cross the finish line?
For a first-timer, signing up for a credit card might seem daunting—but don’t fret, as choosing your card isn’t that complicated.
So let us level with you—in the wrong hands anything can be a bad idea. Even extremely useful things such as power tools, kitchen utensils and automobiles. Because let’s be honest—you wouldn’t allow someone as ill-equipped as a three-year-old operate a lawnmower, right?
Well, credit cards are the same way—incredibly valuable when used the right way by the right people.
We all know the scary stories about credit cards—that people rack up a bunch of debt and can’t seem to find their way out. But the truth is—credit cards are a powerful financial tool. And when used correctly and advantageously, they can actually do a lot of good for your financial status in the near- and long-term. Here are some tips for making your credit cards work for you.
It’s officially holiday shopping season, and perhaps more than years prior, you’re going to be relying on digital spending to check all the items off your shopping list. But while you’re adding some transactions to your account, don’t forget that spending can be a golden opportunity to get rewarded while you’re at it.
So you’ve been banking with, well… a bank, for most of your adult life. But maybe you’ve at least been curious about this “credit union” thing? The only thing is—what even is a credit union, and how is it different or, more importantly, better than a bank?
Let’s clear up some common misconceptions about credit unions and open your eyes to what makes banking with a CU the best for you.
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