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It’s never a bad idea to sit down and think about your finances. This is especially true when there’s a significant life event on the horizon. Here are seven key moments to take a pause and reevaluate your budget, saving strategy, retirement accounts and so on.

Estate planning means making a plan in advance about what will happen to your assets after your death. The process of estate planning also includes broader health and financial directives, so that if you can no longer express your wishes, another person is able to make the best possible decisions on your behalf.

The back-to-school season is stressful for all families, but for families living on a lower income, the challenges can be especially tough. Here’s a few resources to keep in mind if you’re in need of a little additional support this school year.

In general, a habit is when we act on “automatic pilot” when we perform a routine behavior. A personal habit can be thought of as the usual, regular, and repeated way of doing something. Many of us handle money in a routine way, and our money behaviors might be so involuntary that we don’t even […]

When it comes to insuring the items in your home, rental insurance or the standard homeowners insurance typically covers everything you own: from furniture, to clothing, to electronics.

This blog was written by HUECU mortgage loan originator Helen Laskaris and will focus on when a home is available due to downsizing or the death of a family member.

Protecting what you love takes planning! Thanks to a partnership with Gentreo, members have the opportunity to protect what they love with an easy, convenient and…
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Peer to peer (P2P) platforms enable financial transactions without the intervention of banks or other financial institutions. Through P2P websites and apps, investors connect with their loan applicants directly, bringing benefits to both lenders and borrowers. However, as in every financial investment, there can be risks—so before jumping into the P2P lending scene, it’s important […]

Need to make your summer funds stretch a little further? Here are nine creative ideas to help you save money in the summer months, without getting a second (or third) job.

Time for a mid-year financial check-in! Are you on track with your budget, your debt payments and your financial goals? Here’s a checklist of four questions that will help you evaluate your progress so far and keep on the right course for the rest of the year.

Summer is here, which means many medical students are preparing to relocate for their residency. Congratulations! Medical residency means you are one step closer to a completed medical education, but of course – there are a number of costs to consider. Read on for a look at the major moving expenses medical residents should prepare […]

American workers are eligible to receive their Social Security retirement benefits starting at age 62 – but they won’t receive full benefits unless they wait a few years until their full retirement age. On the other hand, delaying benefits so that you don’t receive money until after reaching your full retirement age can increase the […]

Congratulations to the Class of ’23, it’s graduation season! For all you readers who will be donning caps and gowns soon (or for those who have a graduating family member) our partners at GreenPath Financial Wellness have compiled some money management action items that can pave the path to future financial wellness. While everyone’s financial […]

When it comes to veterans and financial health, those who have served our nation face the same money problems as other Americans. It is important for everyone to plan for the future and take care of finances. Veterans deserve support and resources to stay on a positive financial footing. Learning how to manage personal finances […]

Do you want more from your financial institution? Employees of Harvard affiliated hospitals have access to world-class financial services through Harvard Federal Credit Union, located in the…
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Congratulations class of 2024, you did it! This is a freeing and often confusing moment in life for most. While some may be well equipped to venture into the real world and begin to “adult” most may be in need of some guidance. Whichever category you place yourself in, this blog article will provide you […]

The best defense against a scam is staying informed! Learning what scammers are up to – and talking about the issue of scams with friends and family – can help everyone to better protect themselves and their finances. Here are six scams to watch out for this summer.

Inflation means higher prices; higher interest rates; and often, higher levels of stress when it comes to managing money. If you’re one of the many people who are paying off a mortgage, credit card or loan of any kind, then read on for some tips about how to manage debt during inflation.

Missing a loan payment is a big deal. If you miss a payment, it will be recorded on your credit score and you’ll likely be charged a missing payment fee the next month. So what happens if you’re struggling to make a loan payment?

Enjoy The Benefit of Harvard FCU Membership Harvard FCU is back at the Longwood Medical Area We are delighted to announce our return to the…
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Millions of people around the globe celebrate Earth Day every year. But what can we actually do, as individuals, to lower our carbon footprint and protect the planet we share? One idea that’s becoming more and more popular is using solar energy at home. Installing solar panels enables your household to convert sunlight into energy, […]

On day 4 of HUECU’s 2023 Home Buying Forum, participants heard from hosts Dominique Verdieu, Community Engagement Specialist, and Ryan Duckless, Mortgage Loan Originator, and presenters Sharon Cummings, Senior Mortgage Loan Originator, Helen Laskaris, Senior Mortgage Loan Originator, and Antonia Finley, First-time Homebuyer Coordinator, City of Cambridge. The amazing presenters talked about the different programs […]

HUECU hosted its Spring Home Buying Forum this year featuring multiple guest speakers who walked us through the intricacies of the home buying process. If you missed this action-packed, four-day series, no need to fret. This blog article will give you an overlook of some of the key points covered on day three, but be […]

This blog post was written by HUECU mortgage expert, Ryan Duckless

Did you know that April has been officially designated as Financial Literacy Month? It’s true! Financial Literacy Month is an excellent opportunity to discover free financial education resources and learn more about spending, saving, investing and other important aspects of financial management. So, in celebration, here are six ways to maximize your money mojo during […]

Harvard FCU recently hosted multi-day workshops for both America Saves Week and our Annual Home Buying Forum. Here’s a recap! Interested in attending upcoming workshops? Visit our Workshops Page. And, to view past presentations, check out our YouTube channel. America Saves Week America Saves Week is a national effort to help millions grow their savings […]

This blog post is written by HUECU mortgage expert, Daisy Familia

While money talk may not be the most romantic thing, being on the same financial page with your partner is important when it comes to planning, shared decision making, and saving up for the things you both care about the most.

What do homes, education, and retirement all have in common? They are major life milestones that require advance planning and saving large amounts of money. That amount of advance planning and money saved that is needed may make you doubt your ability to reach these goals. Even if you don’t feel that way today, you […]

If you are facing a divorce, there are likely many concerns running through your mind. Aside from the emotional toll, dealing with debt and divorce can also weigh heavily on anyone. Handling debt during a divorce can potentially impact your finances. That’s because your marital assets – jointly held debt – can be divided between […]

Did you know that National Caregivers Day takes place every year on the third Friday in February? National Caregivers Day is an opportunity to celebrate the people who dedicate their time to caring for others. Being a caregiver is no easy task—and there are financial impacts, too.

From meal kits to streaming to restaurant loyalty programs, subscription services are on the rise. So why not car subscriptions, too? The car subscription market is expected to surpass $15.56 billion by 2030, as drivers continue to take advantage of this new, flexible way to access a vehicle.

Looking for a change? It’s never a bad time to reassess your finances and where you bank. Most people resort to using traditional banking services out of convenience and lack of knowledge on other options (such as a credit union). Read on to learn more about what a credit union is, why you should join […]

Emergencies are tough to predict and even tougher to prevent—but what you can do is prepare. Whether it’s a natural disaster, unexpected job loss or sudden crash in the stock market, a little financial foresight can make a big difference in helping you handle the unexpected and recover more quickly.

Filing your taxes can understandably be a tedious and perplexing process for most. Often, a lack of familiarity with terminology complicates the process even further. In this blog article, you will become familiar with the W2 form, what an adjusted gross income (AGI) is, standard deductions, the different filing statuses, and the 1098 forms. Hopefully by […]

Many households continue to feel the effects of inflation. Everyday products are more expensive, budgets are tighter, and monthly paychecks just don’t stretch as far. The good news is that lawmakers are working to bring down inflation; but in the meantime, check out these ideas on how you can adjust spending to account for inflation.

This blog post was written by SAC member, Meadow Hall

This year, resolve to get smart about finances! If you need somewhere to start, here are seven financial mistakes to avoid in the New Year.

Our partners at GreenPath Financial Wellness are available to help HUECU members at every stage in their financial journey. Here, they explain what a wage garnishment is and how it can affect your finances. Read on! What is wage garnishment? A wage garnishment is a court-issued judgment mandating that a percentage of your income be […]