savings Archives - Utah First Credit Union

Mar 03, 2023 / Money Market

A money market just might offer the best savings bang for your buck, so why doesn’t everyone have one? It’s one of the mysteries of saving money, and it might be because the money market account itself is a little mysterious and misunderstood. Here’s a step-by-step guide to opening and saving with a money market…

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…

Jan 24, 2022 / Local Utah

Helping High School Students Succeed $100 at a Time

When kids are young, money can seem pretty complicated. But like anything else in life, with a little experience comes a lot of understanding. And the earlier your kids start, the faster they’ll learn the ins and outs of personal finance. That’s why Utah…

Sep 18, 2019 / Money Tips

Why Your Financial Plan Should Include a Money Market Account

So, you’ve come into a little extra cash, maybe through inheritance, a signing bonus, or just plain luck. Or you’re just hoping to bolster your savings. Your first reaction is to drop your money into your savings account, right? But have you considered a money…

Oct 18, 2018 / Money Tips

Everything You Need to Know About Opening a Money Market Account

Are you ready to get serious about your savings? Maybe you have a big payment coming down the road like tuition, mortgage, rent, or taxes. Or, you just want to set aside some money for the inevitable emergency travel, repair, or medical cost. Whatever your…

Jun 08, 2017 / Money Tips

Piggy Bank 101: Teaching Kids Smart Money Habits

Did you know that children form spending habits as young as age 7? When your kids reach adulthood, you will have taught them countless lessons. And certainly among those should be smart money habits. Don’t wait until they leave for college to talk about responsible money management.…