Money Tips Archives - Utah First Credit UnionUtah First Credit Union

Sep 30, 2022 / Money Tips

Credit cards get all the credit—and for good reason. They offer a convenient and rewarding way to make purchases. They also get all the commercials, the rate and rewards comparisons, and the small-talk conversations about which card is best. But there’s another side of spending that deserves more attention—credit card’s less famous financial cousin—the debit…

Sep 23, 2022 / Money Tips

Time to Check Your Checking Account

You have regular checkups for just about everything. You check on your hair, your health, your fly, your finances, your blood pressure and your breath. You even sometimes check your reality. With so much checking going on, it’s a wonder that your checking account ironically…

Sep 16, 2022 / Money Tips

7 Ways to Overcome Overspending

As inflation and interest rates rise and the market continues to show signs of slowing down, saving money has been on nearly everyone’s mind. If you’ve gotten into some suboptimal savings and spending habits over the past few years, you’re not alone. You’re also wise…

Aug 26, 2022 / Money Tips

3 Reasons Why a Term Deposit Makes Smart Financial Sense

Did you know that your money is worth more today than the same amount of money in the future? It might seem like a counterintuitive concept, but your cash has kinetic energy—a compounding potential to make even more money when invested wisely. Perhaps the most…

Aug 19, 2022 / Money Tips

Are You in a Bad Banking Relationship?

It’s not you, it’s your big bank. You’ve tried hard to have a mutually beneficial banking relationship—one that’s built on respect, trust, and unwavering honesty—but you get the feeling that your big bank just isn’t the best bank for you. You’ve tried to make things…

Aug 12, 2022 / Local Utah

Are You A Good Fit for a Small Business Loan?

Don’t be fooled by the name: a small business loan can have big business benefits. Still, you may be wondering if your business is a good financial fit for a small business loan. Whether you’re trying find some startup capital, finance equipment or construction costs,…

Aug 05, 2022 / Money Tips

Three Tips for Following Through with Your Financial Goals

Today, it seems that everyone is an expert on the topic of personal finance and they all seem know exactly what you should be doing with your money. What they seem to miss, however, is that personal finance should be—as the name implies—personal. After all,…

Jul 30, 2022 / Money Tips

What Do Rising Interest Rates Mean for You?

Interest rates are rising and the sky is falling! Okay, it’s not all doom and gloom. Yes, the Federal Reserve recently raised rates. And yes, more increases may be coming, but there are both good and bad things about rising rates, and it all impacts…

Jul 08, 2022 / Money Tips

Understanding Term Deposits: Easy Investments with Guaranteed Growth

These days, it seems that economic uncertainty is everywhere you look. Supply chain and labor shortages have disrupted many industries, inflation is at a 40-year high, and the stock market has been incredibly volatile. While no one knows exactly what the economic picture will look…

May 27, 2022 / Money Tips

How to Choose the Right Checking Account

A checking account is a checking account is a checking account. You put your money in, you take your money out, you get a little interest, and that’s what it’s all about. You can find the same hokey-pokey routine at every bank or credit union…