August 31st, 201814164September is self-improvement month – and many Georgians could stand to improve their financial wellness.
In a Georgia Credit Union Affiliates survey of 8,069 Georgians, respondents rated their financial wellness on average at 3.6 on a scale from one (lowest) to five (highest). And a majority of respondents – 68.6 percent – admit to having financial weak spots.
Georgia isn’t far from national trends. According to a U.S. Consumer Financial Protection Bureau study called Financial Well-Being in America, U.S. adults on average rate their financial well-being as a 54 on a scale from zero to 100.
The study found Americans with...
August 28th, 20181948If you're a coffee treat lover, Starbucks' No. 1 fan or social media's basic portrayal of a millennial excited for fall — then you know that the coveted Pumpkin Spice Latte has made its return.
This year's official #PSL launch date was Tuesday, Aug. 28, which is the earliest Starbucks has launched their fall favorite since it debuted in 2003. The early launched sparked media speculation over the coffee giant's motives (seriously — Business Insider even published this graph showing PSL release times.)
Fall, is it really you?
Pumpkin Spice Latte is back. #PSL pic.twitter.com/QOERFzWRgJ
— Starbucks Coffee (@Starbucks) August 28,...
August 23rd, 2018739189When planning for your baby's future, your instinct might be to focus on saving money for college expenses.
However, if you are planning far enough in advance — before you have any children or soon after you start your family — you should consider saving for your child's immediate future, first. After all, babies and children are expensive before they even make it through high school.
The expenses of parenthood begin at birth.
A study by Truven Health Analytics found that, on average, insured parents paid $2,244 for a natural delivery and $2,669 for a cesarean. These costs do not incorporate all of the hospital charges and...
August 14th, 20180102The Newnan-Coweta Chamber of Commerce will hold its Coweta Safety Council at Delta Community Credit Union.
The Council will take place on Aug. 21 from 3 p.m. to 5 p.m. at Delta Community's branch located at 1825 Highway 34 E in Newnan, according to the Newnan Times-Herald.
For more information, visit www.newnancowetachamber.org.
Also ran in: Newnan Times-Herald
August 3rd, 2018169150The following article appeared on the CDC Federal Credit Union Dollars & Sense website. CDC Federal serves more than 18,000 members who live, work, worship, attend school or volunteer in portions of DeKalb, Fulton or Gwinnett Counties.
1. Expected Amount Of Rental Property Income
Before you buy a rental property, find out how much rent is reasonable to expect given the location and quality of the property. Let’s say you buy a house for $100,000. Through research you learn the average rent for that type of property in that location is $500 per month. You can then calculate that you will receive $6,000 a year($500 x 12 = $6,000), or...
August 2nd, 20184168Georgians are cautious about the short-term lending industry – and with good reason.
Finance companies tout short-term loans as a way for borrowers to get their hands on quick cash, glossing over the higher interest rates.
Many Georgia consumers aren’t buying it. In a Georgia Credit Union Affiliates’ survey of 8,069 respondents, about 89 percent said they’ve never taken out a short-term loan to pay for an emergency. Most respondents – about 75 percent – said they wouldn’t take out a short-term loan because of their comparatively high interest rates.
But 20 percent of respondents said they may take out a higher interest...
August 2nd, 20182122Dairy Queen customers can enjoy their favorite sweet treats while helping to save a child's life.
The popular fast-food ice cream joint will host its 12th annual Miracle Treat Day Aug. 2. For each Blizzard Treat sold at participating DQ U.S. locations, $1 or more will be donated to local Children's Miracle Work Hospitals.
Since 1983, Children's Miracle Network Hospitals have been working to help cover the cost of care for the more than 10 million kids who enter a children's hospital each year. Each Blizzard treat purchased on Aug. 2 will mean more money toward charitable care, custom needs, education, special services, equipment and...
August 1st, 201856177Foods Co., a unit of supermarket chain Kroger, has already announced that 21 supermarkets and five gas stations in California will ban Visa credit cards as of Aug. 14 — and it looks like that ban could expand to additional stores across the country in the near future.
The decision was made to save on fees Kroger must pay Visa to process credit card purchases. These so-called "swipe fees" are nothing new. According to a Bloomberg article, retailers frequently do battle over the $9- billion a year they pay to credit card companies. Stores are charged each time a customer swipes either a debit card or a credit card, but credit card fees...
July 31st, 201827141Legislation meant to enhance credit scores by allowing consumers to include data about their monthly bills has enjoyed bipartisan support — but some consumer advocates say the legislation may backfire on those it is meant to help, according to an American Banker article.
The bill authored by Rep. Keith Ellison, D-Minn., passed the House earlier this month and is intended to allow consumers to benefit from positive information about their leases, telecommunications and utility payments in their credit reports. The legislation would give consumers who are considered "credit invisible" the opportunity to have a credit history that includes...
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