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Your Clutter is Costing You

Posted by August on Feb 25, 2022 10:54:56 AM

This tease of warm weather that we've been having is getting me geared up for spring. It's also making me want to go ahead and pull my spring décor and clothes out of the attic.

I typically change out my closet each season to not overload it. Every time I do, I'm reminded of all the clothes that I continue to keep year after year that I don't wear. This year, using the tips from the BALANCE blog below, I'm determined to get rid of the clutter and make more space for things I love.

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Topics: Personal Finance

Important Changes to the Child Tax Credit

Posted by August on Feb 16, 2022 1:50:06 PM

With tax deadlines right around the corner, we want to make sure that you're prepared. Check out the BALANCE blog below about recent changes to the child tax credit, as some changes may impact your financial situation.

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Topics: Personal Finance

Lease vs Buy: Which is Best for My First Car

Posted by Carolina Trust Federal Credit Union on Jan 28, 2022 9:45:00 AM

First time auto buyers have a lot to consider when deciding whether to lease a brand-new car or buy an affordable vehicle they will someday own. While leasing may offer a newer, fancier car with lower monthly payments; obtaining a car loan and buying your first car you will someday hold the title to is very (financially) appealing.

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Topics: Personal Finance, Auto Loans & Car Buying

Ten Great Ways to Spend an Income Tax Refund

Posted by August on Jan 27, 2022 2:41:03 PM

It's that time of year again; W2's are rolling in, tax professionals are gearing up, and your mind is already swirling on how to spend your tax refund check. Once you get through the initial stress of preparing your financial documents and filing your taxes, thinking of ways to spend the anticipated extra money can be exciting. However, don't let the excitement of having a little extra cash in your pocket make you hastily spend it on something you'll regret.

Instead, check out the BALANCE blog below for ten ideas to make the most of your refund money.

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Topics: Personal Finance

5 Real-Life Lessons for First Time Home Buyers

Posted by Carolina Trust Federal Credit Union on Jan 24, 2022 1:15:00 PM

Buying a home in the Carolinas for the first time can be a daunting experience. If you are a first time home buyer, remember that knowledge is power. Below, we present 5 key lessons to remember as you start shopping for your first house.

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Topics: Personal Finance, Real Estate & Home Buying, Home Loans

7 Tips on How to Buy a Car with Questionable Credit

Posted by Carolina Trust Federal Credit Union on Jan 19, 2022 9:15:00 AM

When you have good credit, qualifying for a car loan is easy. However, if your credit is less than satisfactory, the situation is more difficult. Fortunately, it is possible to purchase a car even if your credit isn't perfect. In fact, NerdWallet reports that more than 1 in 5 car loans goes to borrowers with credit scores below 600.

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Topics: Personal Finance, Auto Loans & Car Buying

Buying Your First Home? How to Pick the Best Neighborhood for You!

Posted by Carolina Trust Federal Credit Union on Jan 18, 2022 4:30:00 PM

Finding and buying your first home is one of life’s adventures. For first time home buyers, a first home is an excellent financial investment that offers an empty canvas of possibility. Yet what many forget with their first home purchase is that your home, unless it is in the middle of the country, also comes with a neighborhood. As you shop for your first home, you are also shopping for your first neighborhood, and you need to consider the location carefully.

Here are some considerations that can help you choose the right neighborhood when you are buying your first home.

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Topics: Personal Finance, Real Estate & Home Buying, Home Loans

8 Things Every First Time Car Buyer Should Know

Posted by Carolina Trust Federal Credit Union on Jan 13, 2022 2:45:00 PM

Congrats! Buying your first car is an exciting and rewarding experience. But while it may be tons of fun, there are some things that you must know as a first time car buyer to ensure that you choose the right vehicle for your needs and budget. Here are some first time car buyer tips to ensure your success.

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Topics: Personal Finance, Auto Loans & Car Buying

3 Easy Ways to Free Up Your Income

Posted by August on Jan 11, 2022 12:12:03 PM

Since we're still in January, you know we're going to talk about goals and resolutions. Every year, one of my New Year's resolutions is to increase my savings; this is a resolution that I keep each year because I think it is something that I can always strive to improve upon.

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Topics: Personal Finance

12 Do's and Don'ts for a Successful First Time Home Buyer

Posted by Carolina Trust Federal Credit Union on Jan 10, 2022 9:30:00 AM

The process of shopping for a home, negotiating a purchase price, applying for a loan, and closing a mortgage loan can be daunting and complicated for even a seasoned home buyer. As a first time home buyer, everything about the process is new and unfamiliar. While your mortgage lender and local credit counselors can help you navigate the path to homeownership, the following do's and don'ts will help you avoid some of the more common mistakes and oversights that can trip you up on your way to buying your first home.

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Topics: Personal Finance, Real Estate & Home Buying, Home Loans

Carolina Trust Federal Credit Union Blog 

Welcome to the Carolina Trust Federal Credit Union Blog! We're excited to share financial tips and information for a variety of different topics.

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Check out recent blog posts by our Brand Ambassador, August, for tips on achieving financial success in the bag. 

 

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