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Five Ways to Spring Clean Your Savings

It is that time of year again: Time to clean out those closets, polish that furniture, and clear out that clutter! Spring is also the perfect time of year to review your saving habits and spruce up your saving goals. Here is how to spring-clean your savings in five simple steps. Assess your saving habits.

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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

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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

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Social Security in Your Lifetime – Maybe Not

By the year 2033, Social Security’s reserve trust funds could be exhausted. Though people disagree about when the money will run dry and how to avoid it – it could happen in your lifetime. You can prepare for it by starting now. IRAs (Individual Retirement Accounts) offer young workers the opportunity to potentially receive higher

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Upcoming Holiday Hours: Tuesday, December 24 (close at 1:00pm), Wednesday, December 25 (closed), Tuesday, December 31 (close at 1:00pm), and Wednesday, January 1 (closed)

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