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The COVID-19 outbreak is having a massive and unprecedented effect on all of us, impacting our health, our work and our finances. The national economy has seen deepening contractions and unemployment, and on the individual level, many people are now concerned about their own financial stability.

The top Five areas you should be prioritizing for your financial wellness.

Stress can have a major impact on your overall emotional, mental and even physical health. Unfortunately, personal finance is one of the most common causes of stress for many people – but there is some good news. With a few simple changes, it is possible to get a better handle on your finances and reduce […]

As COVID-19 spreads in the U.S., people all over the country are beginning to feel its financial ripple effect. For the first time since the 1960s, people potentially exposed to the coronavirus are being asked to quarantine themselves. Businesses, schools, childcare centers and other institutions are taking steps such as closing offices or transitioning to remote work to […]

Preparing to become a new homeowner? Congratulations! Buying a home is a big deal, and you’ve no doubt been saving, preparing and planning for quite some time.

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Joining HUECU in 1979 and becoming its CEO 15 years later, Gene Foley will retire in July, 2020 after more than 40 years of commitment, growth and success. Gene celebrated his 40th anniversary with HUECU last year and has served as President & CEO for the past 25 years.

If you made a New Year’s Resolution to get out of debt, today’s a big day. By mid-January, most resolutions have fizzled. But — YOU can say, NOT TODAY. If you feel yourself slipping, take a minute for a pep talk, and remind yourself that you can do this,. Retool that resolution, and get back on […]

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Action steps for staying ahead of thieves

From emergencies funds to vacation funds and funds for a new car or funds for a down payment, there are simply so many things we all should be saving for.

If you feel like you’ve been struggling to keep up with car payments, you’re not alone: According to a recent report from the Federal Reserve Bank of New York, over 7 million Americans are at least 90 days behind on their auto loans.

Harvard University Employees Credit Union just turned 80!

Ah, the lazy days of summer! It’s the perfect season to sit back and relax, preferably by the pool while enjoying a piña colada. But then again, summer is also a prime time to improve your financial wellness. With a slower pace of life in the hotter months and plenty of energizing sunshine on the […]

Summer is the perfect time to tackle home maintenance and renovation projects. Whether you’re looking to remodel the kitchen or install a new master bathroom suite, working on your home over the summer means you won’t have to contend with winter’s inclement weather and short dark days – but of course, there’s still the challenge […]

Those of us planning for retirement face a very different set of circumstances than we did a couple of decades ago. Pensions are often less generous, if they exist at all, young people are saddled with more debt, and the future of Social Security may not be guaranteed.

Your realtor has found your dream home at last, your offer to the seller has been accepted, your loan officer has confirmed that your mortgage agreement is in place, and you’ve got the down payment ready. It’s all been leading up to this. Finally, you’re approaching closing day!

You’ve received a tax refund. Congratulations! But before you grab your wallet for a whirlwind shopping spree, take a minute to really think about where your money would best be spent. You can start by considering these key questions:

You’ve decided you’re ready to buy a new home – congrats! As you’re looking for the perfect place, this is also a key time to start thinking about your down payment. You’ve probably heard words and phrases like “20% down” and “PMI” thrown around a lot, but if you’re not sure what it all means, […]

Years of dealing with difficult landlords and the frustrations of renting have taken their toll, and you’ve decided it’s finally time to buy a place of your own. Whether you’ve just started sifting through property listings or have already picked out the perfect two-bedroom bungalow, there are several steps you should take to prepare for […]

If you’ve got home buying on the brain, one of the first things to think about is getting a pre-approval from a lender. Getting pre-approved for a loan helps you understand what kind of property you can afford, and it shows your realtor that you’re serious about home ownership. What else do you need to […]

The credit union’s wintersession program at Harvard College drew over 150 registrants from across the campus to learn money management tips from industry experts.

There’s nothing like years of rentals and roommates to make you feel that it’s finally time to purchase a home of your own. But what steps should you take to start your journey to home ownership? And most importantly – how do you know if you’re really ready to buy a home?

Over the weekend, the partial government shutdown passed it’s 22nd day, making it the longest shutdown in history. Of the about 800,000 federal employees affected, nearly 380,000 have been furloughed (given a leave of absence) and the remainder continue to work without pay.

Managing money for your household is no small task. Plus, if you’re already raising kids, the added pressures of figuring out everyone’s finances can be a major headache – metaphorically and literally. To help you get on top of the money management challenges and feeling strong and healthy about your finances, here are a few […]

About 70% of college students in the U.S. graduate with student loan debt. So, if you feel like you’re struggling to pay off your loans, you truly aren’t alone. Collectively, Americans owe almost $1.5 trillion in student loans. It’s a huge national problem and for many, debt can feel like a pit that keeps getting […]

It’s no secret that holiday spending can easily get out of hand. But now that the festive season is coming to a close, there’s not much you can do to get your finances back in shape, right? Wrong! From bucking down on budgets to considering a balance transfer, there are tons of ways you can […]

New Year’s resolutions are a great way to set out your short- and long-term financial goals. The beginning of the year is the perfect time to start working on a new you – whether that means upping your fitness game, learning a new hobby, or finally making the travel plan you’ve always dreamed of.  Unfortunately, […]

When it comes to car buying, one of the first questions to consider is – should I buy a new car or a used car? There are a multitude of factors to think about; from how much you can afford to spend up-front, to how you’re planning to use the vehicle, to how your individual […]

Buying a home is no small matter. In fact, it’s one of the biggest decisions you can ever make, at least where finance is concerned. It’s important to know what you’re getting yourself into, for how long, and whether you can afford such as decision.

Debt management is a major concern for many people, with the average American now carrying more than $65,000 in debt, according to recent data from the Federal Reserve’s Survey of Consumer Finances. And while there’s nothing wrong with borrowing money in order to invest in a house, a vehicle or an education, too much debt […]

There’s no doubt about it – building a budget can be overwhelming. While there are a million and one guides on how to get your spending under control, many of us struggle and simply don’t know where to start. The key? Take it step by step.

The finance world is filled with a dizzying array of terminology that can be quite overwhelming. Most likely, you have heard a number of finance words and either misunderstood or not understood at all, without a chance to ask for definitions. We’ve all been there!

Open Enrollment season is upon us. This is your annual opportunity to review benefits offered by your employer and choose those that meet the needs of you and your family.

Credit card debt is often inevitable, and it can be pretty scary to deal with. This is compounded by debt collectors making hyperbolic claims of being able to seize your property or get you incarcerated for not paying back debt.

October 18, 2018, will mark the 70th anniversary of International Credit Union Day. This year’s theme is “Find Your Platinum Lining.” It combines the traditional gift of platinum for 70th anniversaries with a play on the saying “every cloud has a silver lining.”

After the ink is dry and you have closed on your brand new home, you may think the complex part is over. This is mostly true. Most of the heavy lifting – apart from physically moving in – is done during the home buying process.

Buying a home can be a long and challenging process. There’s a lot you have to know, especially seeing as it’s one of the most expensive purchases you will make in your life. Being armed with explanations of the following terms will make the home buying process that much easier to understand, and put you […]

Digital technology has changed the face of how business is done. We can book a carpool to the airport using a rideshare app on our phone, find and pay for a second-hand pair of shoes on social media, order dinner with the click of a button and so, so much more.

In the wake of hurricane season you can never be too prepared for the impact of a natural disaster. If you’re wondering what is the potential financial impact of disaster-related damage? GreenPath is here to help you navigate through this difficult time. With hundreds of thousands of people dealing with the effects of flooding, power […]