Treat yourself with financial security
President Ronald Reagan is remembered for many things, but the tastiest thing he did while in office was to issue a proclamation declaring the third Sunday in July as National Ice Cream Day. That favorite summertime treat has been a part of American life since Colonial times, with First Lady Dolley Madison the first to serve it at a formal White House event. Today, our nation consumes more than 1.6 million gallons of frozen dairy treats annually.
Treating yourself to a sundae, a scoop, or a drumstick makes you feel great for a short time, but if you want a good feeling that will last for years, the best treat you can give yourself is financial security. As a member of Indiana Members Credit Union, you have access to a complete family of savings choices. That way, you can choose the savings account that fits your goals. Continue reading
When many people talk about financial security, they point to outside factors. They measure their security based on how much their employer pays them, how much they’re forced to pay in bills each month, or events that affect their finances, such as car breakdowns or health issues.
The reality is that your financial situation has less to do with outside factors like those, and more to do with choices you make. I’m sure you have a friend who is always stressed about money, but you can’t help but notice that he or she always has new clothes, buys a new car every couple of years, and travels extensively. Continue reading
Are your kids on the right track to financial independence?
For many of today’s young adults, the weakest link lies in learning the basics. According to a 2014 survey conducted by Harris Poll on behalf of Junior Achievement USA (2014 Teens and Personal Finance Survey), 40% of teens do not have a savings account, checking account, or debit or credit card, and 59% of teens do not have money management classes offered at their schools.
Achieving economic prosperity is difficult, and it’s especially hard for young people who’ve never learned how to manage money. Continue reading