Other posts in the Savings Category

Building a Rainy-day Fund

June 25th, 2013

Financial prudence dictates that we stash away enough cash to cover living expenses for three to six months in case something catastrophic comes our way—a job loss, an unexpected illness or an unpredicted home expense. Some items that also should be covered in such a fund include health and car insurance deductibles, rent or mortgage,

Read on

Coupons are a great way to save money — if you use them correctly.

June 6th, 2013

Coupons are a great way to save money — if you use them correctly. The first obstacle to overcome is forgetting to use them. Keep them in a handy spot, like in your wallet. If you have dry-cleaning coupons, pin them to the dirty-laundry bag. If you have one for a restaurant, tack it onto

Read on

Considering a CD

May 28th, 2013

Shopping at your credit union for a CD (certificate of deposit) isn’t quite as easy as going to the local music store for a CD (compact disc). But it’s a lot easier to choose than some other types of investments. By definition, a CD or certificate of deposit is a time deposit. That means you

Read on

Going Away? Tips to Not Go Broke

May 22nd, 2013

With summer vacation just around the corner just keep in mind – you don’t have to spend a lot of money to have a good time. Here are tips for keeping costs down on vacation: Fly during the week. Airline rates are generally more expensive over the weekend, so plan your trip from Wednesday to

Read on

Saving Money on Car Insurance

March 4th, 2013

Here are a few ways to save money on car insurance: Shop around. Prices vary from company to company, so it pays to shop around. Get at least three price quotes. You can call companies directly or access information on the Internet. Your state insurance department may also provide comparisons of prices charged by major

Read on

How to Budget?

December 10th, 2012

You can make your own budget worksheet using either a pen and paper or a computer spreadsheet program. Think of your budget in terms of two things: money and time. Money, of course, is divided into its own two categories: Income and Expenses. Follow these steps to make your budget worksheet: List your income in

Read on

Youth Member Promotions at Wayne Westland Federal Credit Union

September 24th, 2012

At Wayne Westland Federal Credit Union, we take pride in serving individuals, families, and businesses. Our financial services are tailored to the needs of members, and we try to offer something for everyone. It’s never too early to start teaching your children about financial responsibility. People who learn how to save money and handle their

Read on

Members Can Save with Sprint

September 14th, 2012

As you already know, members of Wayne Westland Federal Credit Union enjoy a wide range of benefits and perks. In addition to complete branch and online banking services, WWFCU offers low interest rates on car loans and low service fees. We also offer better rates on savings accounts and certificates, free financial education services, savings

Read on

A Safer and More Flexible Way To Grow Your Money

July 30th, 2012

Unless you’ve been hiding out in the mountains with no access to the Internet, TV or radio, you are aware of what’s been going on with Wall Street. Namely, the stock market has been up and down like a drunken yo-yo. Such volatility is nothing new, but it’s definitely not for the faint-of-heart – and

Read on

How to Take Advantage of Share Pledge Loans

February 20th, 2012

There are many types of loans out there. Some have such high interest rates and so many fees tacked on that they are undesirable. A Share Pledge loan, however, may be the answer. Normally issued at a much lower interest rate, a Share Pledge loan from a Credit Union is a loan that is issued

Read on