05/31/2023
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Money and Mental Health
For many, mentioning the word “money” sparks stress and anxiety. At the same time, living a financially responsible life can help one maintain optimal mental health. With May being Mental Health Awareness Month, this is the perfect time to examine the connection between money and mental health. HOW DO FINANCIAL STRUGGLES IMPACT MENTAL HEALTH? There
05/03/2023
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Does Good Debt Exist?
Despite its bad rap, not all debt is bad debt. Some are actually beneficial for the debtor and considered “good debt.” Here’s a look at the factors defining good debt, the various types of good debt, and how to keep debt from going bad. WHAT IS GOOD DEBT? Good debt helps you build wealth or
05/03/2023
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Join Us for Youth Week!
Financial literacy is a critical component of financial wellness. It is the ability to understand and use financial skills, including responsible money management, budgeting, saving and investing for the future, and is a crucial life skill that too few are learning. As a credit union, one of our founding principles concerns our community. We believe
03/27/2023
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Diversify Your Savings Portfolio
You should diversify your savings portfolio just like your investments. Financial experts recommend giving your savings as much chance as growth as possible. Here’s a look at a great choice for diversifying your savings: a certificate account. What is a certificate account?A certificate account is an insured savings account with a fixed dividend rate and
02/10/2023
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All You Need to Know About Credit Card Fraud & How to Protect Yourself
With the advent of online commerce, credit and debit card fraud has exploded. Unfortunately, credit card fraud can go unnoticed until it causes severe damage. Here, we’ve outlined what you need to know about credit and debit card fraud, how to protect yourself, and what to do when you’re targeted. What is credit card fraud?
01/18/2023
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The Post-Holiday Guide to Budget Recovery
The holidays are in the rearview, but if you’ve gone over budget with your spending, it’s time to deal with the aftermath, which is coming head-on. Here’s how you can get your budget back on track. Review your holiday spendingHow much debt did this season’s spending set you back? Spend some time crunching the numbers,
01/03/2023
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What to Buy and What to Skip in January
January begins with a bang, but there are no major shopping holidays once the new year begins. Of course, you can still pick up great bargains this month or find that you’ve overpaid for something when its price drops right after you’ve purchased it. Here’s what to buy and what to skip in January. Buy:
12/19/2022
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Step 12 of 12 to Financial Wellness – Review & Tweak
Congratulations! You’ve reached the 12th and final step of the 12 steps to financial wellness. Here, we’ll review the previous actions and adjust this part of your financial health plan as necessary. Step 1: Track your spendingAre you regularly tracking your spending? Knowing where your money is going will help you make more responsible spending
12/08/2022
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Step 11 of 12 to Financial Wellness – Start Investing
The world of investing can be confusing, especially for a first-timer. No worries, though; DoverPhila Federal Credit Union can help! Here’s how to invest in five easy steps. Step 1: Define your tolerance for risk If you’re investing, be prepared for potential losses because there are no sure things. But how much loss can you
12/08/2022
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Last-Minute Holiday Hacks
The holidays are nipping at your heels and there’s still a lot to do! It probably seems like your stress levels keep rising while the money in your wallet keeps dwindling. It doesn’t have to be this way. With a bit of planning, you can enjoy a stress-free and affordable holiday season. Not buying what
11/22/2022
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What to Buy and What to Skip in December
Whether you’re finishing up your holiday shopping or looking for year-end bargains in any category this month, here’s what to buy and what to skip in December. Buy: ElectronicsLots of retailers keep the leftovers from November’s sales marked down through December. Look for discounted electronics at big box stores, online retailers, and directly from
11/22/2022
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How to Budget in Times of Inflation
Sticking to a budget during times of high inflation is challenging—but not impossible. Here are five ways to help make it happen: Plan Your Grocery PurchasesFirst, shop your pantry and fridge before hitting the store. You may not remember what you have at home, so a quick scan can help you stick to purchasing only
11/22/2022
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What to Buy and What to Skip in November
The biggest shopping month of the year is here! Before you charge up a storm, though, remember that not all “Black Friday Deals” are really worthy of the label. Here’s what to buy and what to skip in November. Buy: Headphones & Audio Gear Tune into your favorite holiday jams with a pair of state-of-the-art
10/25/2022
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Step 10 of 12 to Financial Wellness – Plan for Retirement
It’s never too early—or too late—to plan for your retirement. However, the more time you allow for your savings to grow, the bigger the nest egg you’ll have when it’s time to cash in. Here’s how to get started on planning your retirement. Set a Target Number First, determine how much you’ll need to have
10/25/2022
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Step 9 of 12 of Financial Wellness—Build & Maintain Excellent Credit Score
Your credit score is vital to your financial health. This number measures your money management skills, credit capacity and fiscal responsibility. An excellent credit score can open the door to large loans and with better interest rates, as well as employment opportunities and more. Let’s explore the best ways to build and maintain an excellent
10/25/2022
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Don’t Get Caught in a Pre-Approval Scam
You’ve got mail! And the good news keeps coming, because you’ve been pre-approved for a large loan—maybe even a mortgage! Yes, you! It’s a dream come true—until it turns into a living nightmare. Here’s what you need to know about preapproval scams and how to stay safe. How the scams play out In a preapproval
09/19/2022
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12 Steps to Financial Wellness Step 8: Know When & How to Indulge
Living a life of financial wellness means being happy with a lifestyle that’s within your means, but doesn’t leave you feeling like you’re lacking. At the same time, financial wellness means discipline governs money choices and not by emotion. So how do you balance the two? Here’s how to indulge responsibly. Live with a BudgetTo
09/19/2022
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Casino zonder gegevensbevestiging en ID-kaart in Nederland
Gokwebsites die geen ID nodig hebben of niet-geverifieerde casino’s in Nederland — dit zijn de spelbronnen waarbij het niet nodig is om uw identiteit te bevestigen. In feite zijn ze het virtuele formaat dat het dichtst in de buurt komt van traditionele casino’s, waar u kunt binnenkomen zonder informatie over uzelf achter te laten en
08/24/2022
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Beware of Digital Kidnapping
Digital kidnapping happens when a scammer takes control of a victim’s social media profiles and holds it for ransom. It can also involve “kidnapping” photos that are posted on social media pages. Here’s what you need to know about digital kidnapping. How the Scams Play OutIn a digital kidnapping scam, a hacker takes control
08/19/2022
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