On June 8, 2020, the National Bureau of Economic Research (NBER), which has official responsibility for determining U.S. business cycles, announced that February 2020 marked the end of an expansion that began in 2009 and the beginning of a recession.

The COVID-19 pandemic has forced many of us into financial situations that we could never have predicted. Country-wide shelter-in-place orders have left many without work, and businesses without customers. Now more than ever, it’s important to think about the way we spend or save every dollar we make.

If you've been watching the market lately, perhaps the first question on your mind is, "Should I make a big change in my investments?" In reality, a volatile market isn't the best time to do a complete makeover of your portfolio, especially if you have long-term financial goals you're trying to address.

Scammers prey on fears and emotions of individuals during natural disasters and difficult times. Over the last few months, we have seen an uptick in the sale of bogus products like masks, immune system boosters, or test kits. Scammers also know that many people want to donate and help during this time; it is important to know your charities.

Here at Nusenda Credit Union, we understand that the coronavirus (COVID-19) is impacting your daily life in unexpected ways. Aside from the public health directives in place, being well-informed about other aspects of your life, such as your financial well-being, is extremely important.

Bubbles burst, the economy falters, companies downsize, and personal disasters happen which can result in a reduced paycheck. Perpetual salary growth or even maintenance is simply not guaranteed. However, by adopting the right tools and attitude, you can make the most of a reduced paycheck and not just survive, but thrive.

Whether you’re planning a trip to a country across the globe or packing the car for a weekend road trip to a local campground, you can have a debt-free vacation with some careful planning.

Money worries can have an overwhelming negative effect on both your mental and physical health. Chronic stress has been linked to heart disease, depression, high blood pressure, and unhealthy lifestyle choices. So, how can you achieve balance and well-being in all parts of your life? Here are five tips.

Did you know that one in five Millennials provide financial support to their parents? If you’re not aware if your parents have a will, if they’re getting contacted about annuities or insurance, or even if they’re paying their bills on time, this holiday season may be a good time to talk to them about their finances.