MONEY TIPS FOR EVERY STAGE IN LIFE

Saving for College


The reminders come every few months, telling you about an upcoming meeting of your alumni association. You admittedly have never gone to one of these meetings, but you’re curious. You wonder what they’re all about and whether there would be any benefit to attending. In fact, you would find lots of benefits from joining your […]

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As you near the end of your college days, you may have aspirations of continuing your education at the next level by attending graduate school. You may be in a field where a master’s or PhD is required, be looking to explore a new area of study, or gain additional expertise to help you find […]

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The moment you complete your final exams at college, you may feel tempted to take the summer off from learning, planning, or doing anything remotely structured. But instead of hanging out in your parents’ basement all summer, why not complete this college bucket list instead? Doing these seven things will ensure you spend your downtime […]

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In high school, many people get their first job and subsequently their first paycheck. If you’re a high school student who’s just starting to work, it’s important to begin building good spending habits with the money you earn now. That way you can continue these habits later in life when you have more bills to […]

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If you’re planning to attend college, there’s one common cost that many people overlook – application fees. These fees can range anywhere from around $20 to almost $100. If you’re planning to apply to several colleges, these fees can add up. Here are some steps you can take to avoid these fees and save some […]

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When you’re a full-time student, you usually have a very busy schedule with classes and homework. However, with the rising cost of college and living expenses, many students try to fit in a job to try to help offset these costs. It can be hard to balance a busy schedule filled with both work and […]

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You may have heard the term “second mortgage,” but you may not understand what it is or how it works. A second mortgage may be helpful when you need to pay for something requiring a large sum of money that you don’t have the cash for, such as a kitchen remodel or sending a child […]

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Being a parent is worth every penny of investment in your child. But how much, exactly, does that investment add up to? The answer may surprise you. The total amount varies depending on where you live, how the child is delivered, whether you adopt, and a slew of other variables. But for virtually any family […]

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Picking a major isn’t just about pursuing what you’d like to study. That plays a part in your decision, of course, but you should also think about other considerations. For instance, do you want to attend graduate school? If so, you should consider what sort of undergraduate prerequisites may be required. Additionally, one of the […]

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Are you interested in learning more about a Coverdell Education Savings Account? It’s important to think about your child’s future education and how you will pay for it. Whether your child wants to go to a private high school, a technical school, a four-year university, or on to grad school, you need to plan in […]

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People make health-related New Year’s resolutions every year, such as losing weight or working out more. This year, consider shifting gears and make improving your financial health one of your resolutions. Increasing your savings, looking ahead to big investments that will pay off down the road, and finally paying off a student loan can all […]

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WHAT IS COMPOUND INTEREST?

December 26, 2017

It’s rumored that Albert Einstein once said that compound interest is the greatest invention in human history. Whether or not Einstein really said this doesn’t diminish the fact that compound interest can be a powerful force. It’s important to understand how compound interest works. When considering a savings or retirement account, compound interest can help […]

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As a parent, you want the best for your child, and want to make sure they’re fully prepared before heading off to college. When it comes to money management, use the three tips below to help them get ready for financial independence. 1. Make sure they’re educated Arm your student with information to make sure […]

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Scholarships, which are generally monetary awards distributed to students by schools and businesses, are a great way to pay for education. But not all scholarship offers are legitimate. Here is some advice you can follow to avoid falling victim to a scholarship scam. Never Give Financial Account Information A scammer looking to acquire account information […]

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CREDIT ON CAMPUS

August 15, 2017

Throughout your time spent in college, there will be several opportunities to apply for credit cards based on your newfound independence. Here are some things to consider when choosing a card. Credit Cards for College Students Companies that advertise credit cards will often target college students because they’re in need of money to cover the […]

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News flash: College is expensive. Even an in-state student at a public university will pay a pretty penny to earn an undergraduate degree. According to the College Board® Trends in College Pricing 2016 report, an on-campus student at a four-year public college can expect to spend $24,610 in-state and $39,890 out-of-state annually. The cost increases even […]

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If your child is entering their final years of high school, you undoubtedly have begun to think about what college they’ll be attending. You might also be wondering how to pay for it. You know financial aid exists, of course, but you may not know the nitty-gritty details, such as how and when to apply […]

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What does financial freedom mean for you? For many people, it means making their money work for them so they have resources available on hand when they need them. Whether you live alone or have a family, a money management plan ensures you stay on track financially and use your resources to their fullest. A […]

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Creating a plan to pay off your loans right out of college is critical to significantly cutting down the time it takes to pay off loans and save you money. That’s why we’ve created this infographic to help you learn the best way to pay off your student loans. Find out which strategy is best […]

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PUT THE FUN INTO SAVINGS

April 11, 2017

You know you should be saving money, but sometimes it’s hard to get started. In the old days, you could start simply by emptying the change in your pockets into a jar or piggy bank at night, but today we pay for just about everything with a card and don’t find ourselves with much loose […]

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For long-term financial goals, you may have the luxury of saving up. When emergencies happen, though, you may need to find quick ways to make money so you can pay for the unexpected. Whether it’s a car repair, medical issue or sudden expense, there may be several reasons why you may need to find a […]

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There’s more to being a college student than studying. It’s a special time to transition from living under your parents’ roof to providing for yourself. It can be a challenge to juggle classes, part-time jobs, and your budget. But many brands and stores make it a little easier by offering discounts and benefits just for […]

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Saving money doesn’t have to be a chore. Whether you’re saving for a vacation or an emergency fund, there are many smart ways to do so without feeling deprived. Start by trying these smart money-saving tips and watch the cash pile up in your account. 1. Create a Separate Account for Supplemental Income Start freelancing […]

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REDEFINE YOUR REFUND

February 3, 2017

We know it’s tempting – it’s the beginning of a new semester and your student aid “refund” has just been deposited into your checking account. You think of how easy it could be to use that money to splurge on all of the things you’ve been wanting – a nicer cell phone, new clothes, or […]

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WHAT’S IN A CREDIT SCORE?

January 30, 2017

We know a lot of things compete for college students’ attention. Finishing assignments, passing exams, seeing friends, looking for jobs or internships… the list goes on and on. While these are all important things to focus on, learning about credit is crucial for your future success, as well. Many potential lenders, employers and landlords will […]

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For many of us, college is the first time we’re truly “on our own” – making our own schedules, doing laundry, and managing our own money. It may seem intimidating, but it doesn’t have to be. We’ve highlighted some of the top tips for each year. Before Freshman Year Have an honest conversation with your […]

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The content provided in this publication is for informational purposes only. Nothing stated is to be construed as financial or legal advice. PSECU does not endorse any third parties, including, but not limited to, referenced individuals, companies, organizations, products, blogs or websites. PSECU does not warrant any advice provided by third parties. PSECU does not guarantee the accuracy or completeness of the information provided by third parties. PSECU recommends that you seek the advice of a qualified financial, tax, legal or other professional if you have questions.