Is a personal loan the answer to my urgent need for money?
Q: I need to get some money together in a hurry. Help! What can I do? A: There might be times in your adult life when you find yourself in need of a sizable amount of money without enough savings on hand. Maybe you’re drowning in debt, or you just spent some time in the hospital, or […]
Building Financial Resilience: Strategies for Overcoming Financial Stress
In today’s fast-paced world, we face unique financial challenges as we juggle multiple responsibilities. The constant pressure to earn enough for covering day-to-day expenses while remembering to put away money for short- and long-term financial goals never lets up. To make it even more difficult, life only gets more expensive as time goes on. Keeping […]
Time to Move or Time to Improve? Moving Vs. Home Improvements
Q: My family is growing out of our current home, and we’re desperate for more living space. My house can also use a major facelift. I’m wondering: should I move to a new house or make some major improvements to my current home? A: Choosing to move to a new home or to make improvements to your […]
Simple Steps to Start Saving
Everyone knows how important it is to regularly put money into savings, but research shows that 25% of Americans have no emergency savings at all. Don’t let this be you! If you’re ready to start saving, but you don’t know where to begin, Abri Credit Union can help. Here are seven simple steps that can get you […]
What will happen to my loved one’s finances after they die?
Q: My close relative is getting on in years, and I’ve been wondering: What will happen to their financial accounts and debts after they die? A: The state of your relative’s finances after their death will vary based on the steps they took while they were alive. Here’s what you need to know about what happens […]
Money and Mental Health
For many people, the mere mention of the word “money” spurs feelings of stress and anxiety. In fact, a Bankrate study of nearly 2,500 U.S adults found that 70% of respondents feel stressed about their finances. At the same time, living a financially responsible life can help one maintain optimal mental health. In observance of […]