OnPath Credit Union
Staying Safe Together!
Since the onset of the Covid-19 outbreak in Louisiana, OnPath FCU has been working hard to help you face the financial challenges that are ahead. We continue to remain focused on your health and well being by ensuring certain measure are in place during our normal operations.
How to build a budget
Most people know they need a budget. Maybe you have one, but you haven’t thought about it in a while, or you’re not sure if you are staying within your budget. We’re going to take away all the guesswork and walk you through on how to create a brand-new budget.
What to consider when choosing the car right for you
Shopping for a car can be complicated and time-consuming. It involves balancing your desires with your economic reality, deciding whether to buy or lease, and knowing what the best deal for you is. To make the process efficient and improve your chances of driving away happy, you will need to consider:
Debit vs. Credit Cards
Take a look at your wallet. Most Americans carry several different payment cards in their wallets; some debit, some credit. Maybe you have a system in place for which card to use when, or maybe you use one type all the time. But do you really know the difference and when it is more beneficial to use one over the other? Below, we’ll put debit cards and credit cards in a one-on-one showdown to see where and when using them may be best for your finances.
What you need to prepare a business plan
Have you been thinking about starting your own business? Are you looking for new ways to optimize your current small business? If you answered “yes,” then look no further.
4 Tricks to boost your credit score quickly
First things first; there is no magic solution to raising your credit score overnight, but there are a few steps you can take to expedite the process. Check out a more detailed description of 4 tricks to boost your credit score fast.
The Pros and Cons of Owning a Duplex
Often the talk around home purchases have a concentration on either buying a house or a condo. However depending on your situation, a duplex could be a very intriguing option. Check out a few ways a multi-unit may or may not be a good fit with your home purchase plans.
5 Pro Tips to achieving your savings goals
What’s your savings goal? Whether you’re saving for a home or kids college, there’s no time like the present to figure out your long term financial priorities. Check out these 5 pro tips to kick start your savings goal.
How to pay off credit card debt faster?
There’s a 2,000 balance on your credit card- how did that happen? Before you make that minimum payment online, consider this, the interest will add up and it will increase your total balance over time.
Four Ways to Financially Prepare for a Natural Disaster
Whether due to fire or flood, earthquake or hurricane, powerful forces of nature can lead to financial devastation if your home is in its path. But while you can’t stop a catastrophe from happening, taking preventative measures will cushion the blow that such a disaster can have on your personal finances.
Should you buy a house if you have a student loan?
Buying your first home is exciting… but it can also jangle your nerves. A mortgage is a big investment, especially if you already have student loan debt. However, that doesn’t mean you have to rent forever. In fact, you may save and even earn money in the long run if you buy. To see if it’s possible for you, consider these points:
6 ways to protect your credit during the COVID-19 pandemic
As the coronavirus outbreak continues to evolve, your credit might be the last thing on your mind. During times of emergencies though, such as global pandemics or natural disasters, you should know the state of your finances and keep your credit on your radar. Along with your physical health being a top priority, so should the state of your financial health and wellness.
Stock Market Basics
Does your eyes glaze over when you hear news about the stock market? Despite the recent economic turmoil, the stock market remains among the most important options for Americans to build their wealth and secure a comfortable retirement. So, while we recommend you work with a financial advisor to guide your investment strategy, here are some stock market basics every investor should know.
5 Things you need to know when purchasing a home during the COVID-19 Pandemic
Many may be asking the question, is this a good time to buy a home? Well, it depends on the seller, the market, your reserves and your endgame. Check out these 5 things to consider when buying a home during the COVID 19 Pandemic.
Four Simple Money-Smart actions you can take
According to a recent survey, only 57% of adult Americans understand basic financial concepts. A lack of knowledge isn’t just bad for your brain; it’s bad for your wallet. So here are some simple actions (based on fundamental concepts) that will boost your saving power.
How to stay Productive at home during the Coronavirus Crisis
Getting antsy after being home for so long due to the coronavirus? From rekindling an old hobby, to fixing up your house, there are a ton of ways to break the boredom you may be experiencing. We’ve got ideas.
5 Ways to Support Local Businesses during the Coronavirus Crisis
Due to the COVID-19 pandemic, many local small businesses have either seen a decrease in sales, and or had to shut their doors to customers. Here are 5 ways you can help local small businesses survive during the coronavirus crisis.
Coronavirus Stimulus Scams to Avoid
As the COVID-19 pandemic continues to heighten levels of uncertainty in our community, scammers have set their sights on attacking the personal and financial information of unsuspecting consumers.
How to handle a money emergency when you don't have savings
Have you ever received a big bill that threatened to eat up all your available cash? Did stress and fear set in? Check out these 4 helpful tactics to consider when tackling a money emergency?
3 Ways to Make Your Kids Financially Capable
Most parents understand that they should teach their kids about money. Knowing where to start, on the other hand, is another story. Fortunately, the Consumer Financial Protection Bureau (CFPB) recently released a guide to help families raise money-smart kids. In it, the CFPB discusses practical ways to build and measure financial capability in children.
Check out a few important takeaways from the guide paired with tips from balance, for making your child financially capable.
4 Steps to Stay Financially Responsible during COVID-19
As illustrated in an article by CUNA, Many Americans are being financially affected by the coronavirus disease (COVID-19). As businesses close their doors to keep their customers and employees safe, thousands—if not millions—are facing several weeks of pay disruption and infrastructure shake up. In response to the national emergency, consumers are feeling financially insecure and wondering what it means for their wallet.
Ways to Raise Money Smart Kids
If you’ve been meaning to talk to your kids about money, now is the perfect time to start. One of the most important gifts you can give your child is an understanding of how to manage money. We all want our kids to be financially savvy adults one day, but it’s become increasing difficult in today’s culture. We are here to give you ideas on how you can ensure your child grows up with a basic understanding of financial management. LINK IN BIO
9 Steps to Getting the Car You Want
A vehicle is likely to be one of the largest purchases you will make in your life. By taking the time to properly plan and prepare for buying a car, you can save yourself hundreds or thousands of dollars. Check out these steps to set yourself up for a more secure financial future.
10 Tips for the Aspiring Business Entrepreneur
Flip through the TV channels these days and you’re bound to see shows about people who have turned a hobby into a business. Whether it’s making cupcakes, being a personal organizer, or taking pictures, these jobs all became moneymakers after starting as fun activities. While you may not get your own TV show, there’s no reason why you can’t create a financially successful venture out of what you love to do.
How to Cope with a Changing Payday Cycle
If you are like one of the million Americans that do not have a set payday cycle or plan, check out a few tips on how you can alter your money management style.
How to Save for your Short-Term Financial Goals?
Short term financial goals can be achieved in under a year. But, how do you plan on going about achieving these goals? To determine the amount, you will need to save for whatever good, service or situation, look at what the cost is now. Once you know the total amount you need, determining how much you need to save each month becomes easier. Check out a few examples on how you can start saving for your short-term goals now.
What you need to know about a HELOC
Need a little more room for dancing? Or how about extra cash to consolidate debt or pay for college expenses? A home equity line of credit (HELOC) may be right for you. HELOCs are a very common type of loan. If you want to learn more about home equity line of credit, we are here to help.
Fix Your Home Improvement Plan
Experts estimate that the average yearly home repairs cost $1,700. That’s a large chunk of money to not have a plan for. If you are a homeowner and you haven’t planned for this amount in your spending and savings plan, now is the time to get prepared before any nasty surprises derail you. Check out a few ways to get started on the process.
Four Simple Retirement Strategies that work for anyone
Retirement looks different for everyone. Whether you want to travel the world or spend your golden years on the golf course, having a financial plan to keep you afloat when you stop working is essential.
Check out these four strategies that can help everyone retire well, no matter your age.
Helping the Compulsive Spender You Love
Shopping isn't something you can avoid, it's something we actually need to do. But what if your loved one goes overboard? Check out a few ways to help the compulsive spender you love with their shopping habits.
4 ways to keep the bag secure this Mardi Gras
During the Mardi Gras Season we typically find ourselves in close proximity to a crowd of complete strangers. Although everyone is gathered at the parade to celebrate the same thing, some may have different motifs. To protect yourself from potential pocket pickers and identity thieves here are 4 steps you can follow this Mardi Season to keep your personal information and cards safe.
10 Ways to Get the Most Out of your Income Tax Refund
Expecting a substantial income tax refund this year? Rather than having those precious dollars absorbed into your normal spending routine, get the most out of your cash. Check out a few smart ways to use your tax refund.
5 Smart Keys to Saving Success
You have wants. You have needs. And you have two ways of paying for them - pull out the credit card or use the money you have set aside. Which is your default? How do you save when there are bills to pay and the paycheck only goes so far? Check out these smart ways to build your savings.
Three Mortgages Every Home Buyer Needs to Know
Because of the high cost of most real estate, very few people can purchase a nice home with savings alone. Therefore, if you are like the vast majority of people, you’ll likely be taking out a loan from a financial institution to purchase the property you want. These loans, also called mortgages, can be quite complicated. We’re giving you a little advice on the basics of how mortgages work that can guide you towards the loan that is most appropriate for you.
Two Strategies to Help you get out of Debt
Carrying consumer debt can weigh heavily on our minds, reduce our freedom of choice, and cost us a ton of money in interest. Assuming you've got more than one debt to pay off, but we are giving you two strategies that we hope will help you get rid of your debt quickly.
Don't eat your money up this 2020!
Do you have the tendency of eating your money up? You may find yourself spending a lot of money on food when gathering with friends, during lunch time and even for comfort or distraction. When pay day is 1 week away, you begin to realize you’ve spent a ton of money on dining out, right? Consider the following when it comes to your food buying habits this 2020.
How do you set your Financial Goals?
If you had to choose between sitting down at your kitchen table and setting goals or sitting in an airport awaiting your flight to Iceland, you would probably choose the airport, right? But, how would you pay for this trip? Consider this advice when setting your financial goals.
Get Your Maximum Refund and Special Savings on Turbo Tax
Tax time doesn’t have to be stressful! With TurboTax, you’ll get your biggest possible refund fast and your taxes done right. PLUS, credit union members save up to $15 on TurboTax federal products, all through tax season.
Five Energy Saving Tips for the Holidays
The holidays can be an energy guzzler. The Christmas lights are on 24/7, and the oven is busy baking. However, there is no need to turn off all the lights on holiday cheer. Check out five easy ways you can reduce your energy consumption during the holidays.
How to Keep your Holiday Budget Merry and Bright
The Holiday season is a great time to connect with family, but it can also be a time where you spend more money excessively. So how do you buy gifts for everyone on your list without blowing up your budget? Try these few tips: