If credit card payments make up a big portion of your expenses, paying off debt might be one of the first ways you can save money. High-interest credit card debt is expensive to keep around. That’s probably why more than 30% of New Year’s resolutions are related to getting out of debt and saving money. Here are some tips on how you can make a successful resolution to get out of debt.
Q: Do I need to have a separate rainy day fund and emergency fund?
A: In an effort to simplify their money, people sometimes consolidate accounts. This is OK in many instances, but it’s important to remember that rainy day funds and emergency funds serve different purposes. Additionally, it’s important to have not just one, but both funds available to tap into as needed.
Read on for all your questions on rainy day and emergency funds, answered.
Scammers are good – they’re smart, resourceful and unfortunately, all too often, successful. It is very important that you recognize the signs of a financial scam and ask as many questions as possible to prevent becoming a victim – knowledge is power!
What is a skimming device?
When it comes to protecting your identity and personal information, you can never be too careful. Thieves are placing realistic looking overlays on top of actual card readers so that when you swipe your card, both the skimming device and merchant terminal are reading your card information. They often use hidden cameras, laptops, or cell phones to record the PIN. The criminals usually leave the devices on the machines for short periods of time and then pry the device off and use the recorded information to create fake debit or credit cards, withdrawing thousands of dollars from accounts. You are vulnerable wherever you use your plastic cards. Catholic Federal Credit Union members are not liable for fraudulent transactions on their accounts.
How Do You Protect Yourself?
- Inspect the card reader before inserting your card. Since skimmers are usually only on the machines for a matter of hours, they are often loosely attached. If there are loose parts, scratches, or something doesn’t seem right, DO NOT use the machine. Contact the financial institution right away, as well as law enforcement.
- Cover the keypad as you enter your personal information number and complete your transaction.
Here at Catholic Federal, we believe in supporting the community and helping local businesses flourish. Join us in our important goal by shopping local on Small Business Saturday and throughout the holiday season.
Here are 8 reasons to shop local:
- Help create jobs in your community
The money you spend at local retailers goes back to your community. When you support these small businesses, you enable them to grow, thus creating more jobs and helping the local economy thrive.
- Keep your tax dollars in the community
When you spend your money at local retailers, approximately $68 of every $100 spent will be reinvested into your community. That money will go toward better schools, libraries and parks—in your own neighborhood.
It feels like we’ve known each other forever. You’ve been there for me through everything and I can’t imagine life without you. But this relationship has to end. I can’t do this anymore. It’s not you; it’s me. I’m not myself when I’m around you and you turn me into someone I don’t recognize or like.
I need to move on. But don’t worry; we can still be friends.
Are you ready to pen this breakup letter to the love of your life?
You may not think you’re addicted to your phone, but they were created to keep us completely absorbed and captivated. In fact, the average American adult checks their phone every 12 minutes, spending more than 4 hours on their phone daily. For teens and young adults, those numbers are even higher.
Q: Help! I know I need to prepare my home for the upcoming cold weather, but I don’t know where to start. What do I need to do?
A: As soon as you see the seasonal aisles at your favorite superstores filling with Halloween paraphernalia, you know “Old Man Winter” will be creeping up on us before you can say “Boo!”
This year, be prepared. Keep your home warm and safe this winter by following our comprehensive to-do list before the real cold sets in.
1. Seal your home
Don’t let those brutal winds inside! Your home is your fortress against the cold, so make it as airtight as possible. Give your home a quick run-through, checking for visible and hidden drafts. You can do this by holding a lit candle near the following areas:
- Vents and fans
- Plumbing areas
- Air conditioners
- Mail chutes
- Electrical and gas lines
If the candle flickers, you’ve got a draft.
But all that spookiness comes with a scary price tag. The average American will spend $169 on Halloween costs this year. And, if that’s not enough to terrify you, consider this: Most people spend close to $70 just on their Halloween getups. That’s a lot of money for a costume you likely won’t wear again.
Ready to save big? Read on for 7 awesome Halloween hacks that are just too good to miss. From DIY décor that will scare the living daylights out of your guests to effortless costumes that look great without costing a bundle, we’ve got you covered!
1. Is that real ketchup?
No Halloween costume or party is complete without some sickly-looking crime scene splatter. And there’s no need to blow big bucks on whatever concoction the party store’s got in stock. Make your own fake blood with this quickie recipe. All you need are 3 ingredients:
- 4 cups corn syrup
- Red food coloring
- Blue food coloring
You’re all set – now go scare someone silly!
2. Whose hand is floating in the punch bowl?
For a super-scary addition to your Halloween party, fill a rubber glove with water and seal it shut. Stick it in the freezer and just a few hours later, you’ll have an iced severed hand to drop into the punch bowl and really freak your guests out.
3. Stick ‘em up!
For a ridiculously easy costume that will make people laugh, go as a stick person!
Dress in black from head to toe. Use white masking tape to add stick lines to your legs, arms and torso. Put some lines in the back, too. For a full-body costume, take a paper plate and paint it black. Use your tape to draw a stick-face on the plate and glue a popsicle stick onto the bottom so you can hold it up.
Don’t forget to do the stiff stick-walk and you’ll really crack people up!
4. Is that a witch sticking out of your snake plant?
Got some spare pool noodles lying around? Dress them up to go as witch legs!
Take two pool noodles and stuff them into a pair of striped leggings. Top it off with black witchy-looking shoes and you have yourself a pair of witch legs! Stick them upside down into the plant on your front porch, or make them look like they’re coming out of your garbage can.
Now sit and watch your visitors’ reactions and you’ll have the last cackle!
5. Would you like some spiders with that?
Have fun with a cheap bag of plastic spiders! Here are some ways to use these creepy crawlies to add the fear factor to your Halloween party:
- Stick them in your ice cube tray for floating critters that will terrify your guests.
- Drop them inside your soap dispenser to frighten anyone looking to wash up.
- Scatter them inside the popcorn bowl for a scary surprise.
6. Did you really just kill a box of cereal?
Looking for a funny-scary costume you can make yourself? Go as a serial killer! Err … a cereal killer, that is.
Take an old white T-shirt and decorate it to look like your favorite cereal box. Then take a dress-up dagger and carefully cut off its tip. Glue the blunted dagger to the middle of your cereal box so it looks like it’s piercing it right in the heart. Then use your fake blood to add splatters and drippings all over your shirt. Make your face look menacing with some dark costume makeup and add an ominous scar across your cheek, too.
You’re ready to hunt down those no-good cereals!
7. Anyone care for some fresh worms?
Serve up an entrée from the dark side that will have your guests completely grossed out!
Drip a bit of black food coloring into boiling pasta and it will instantly turn your dinner into a dark, horrendous-looking creation. Drain your pasta as usual and then bring it out to the table, asking if anyone would like some delicious hot worms for dinner.
Don’t let Halloween costs scare you. Follow our hacks for a frighteningly fun time that won’t kill your budget and will still terrify the entire neighborhood!
Your Turn: What’s your favorite Halloween hack that’s easy on the budget? Tell us all about it in the comments!
According to StatisticBrain.com, teens spend more than $258 billion annually, yet many young adults enter college without any practical financial guidance or accountability. It’s now more important than ever for young adults to arm themselves with information on how to manage their money. And that’s why it is also important to educate students about their most important personal financial tool: the checking account.