7 Common Life Insurance Myths Debunked

Directions Financial Solutions

Having sufficient life insurance is essential. And yet, so many of us buy into popular misconceptions, convincing ourselves we don’t need to bother purchasing a policy. But don’t be fooled. Read on to see how seven of the most widespread life insurance myths are easily debunked. Myth #1: I’m single, and I have no dependents so I don’t need it. …

Feeling Stuck In Your Car Loan? Might Be Time To Shop Around!

For the Road

Some bills can’t be changed. For other bills, though, a little legwork can make a big difference in your monthly payment. Your car payment is a great example. Refinancing your car loan can lead to a lower monthly payment, a shorter payment term, or both. It depends on various factors, including the value of your vehicle, how much you owe, …

Discussing Risk Management With Your Spouse

Directions Financial Solutions

One of the most challenging issues for couples to resolve is how much risk they’re willing to take with their investments. Here are some tips to guide you on the road toward joint venture: 1.) Communication is key Let your partner know you’re willing to research options together and come up with a plan. Erica Coogan, a partner at Moss …

DCU Fraud Q&A: Debit/Credit Card Data Breaches

DCU Member News & Info, Security and Scams

Data breaches are becoming more common. Because of this, we put together a quick Q&A to help answer your questions and provide you with instructions on what to do next.   Q: What is a data breach? A: A data breach is when someone infiltrates a merchant’s network and steals customer information. This information includes name, address, social security number, …

Preparing Your Kids For College: The Must Have Money Talk

Student Money Tips

College is a time for kids to take responsibility for their finances. Many college first-year students have had minimal experience dealing with money. Typically they come from living in a parent-controlled world where they have rules, and they know their limits. College offers a sense of freedom that could cause financial problems if not handled correctly. Credit cards and shopping …

Credit Unions: Acknowledged As The Best Way To ‘Bank!’

DCU Member News & Info

You may not realize this, but you’re one of a small percentage of Americans who have discovered what The Wall Street Journal and other media are just beginning to realize: credit unions are the best way to bank! Credit unions received top marks in the American Customer Satisfaction Index, significantly outpacing other financial institutions. Several websites, such as BusinessInsider.com, have …

Mobile Banking – Stay On Top Of Your Finances While On The Go

Personal Finances

If you’d like to add a ton of convenience and peace of mind to your life, consider mobile banking. With a couple of taps, you can access a whole suite of financial information. Let’s look at four scenarios where mobile banking can save you some time and even some money. 1.) Say goodbye to security woes Despite all of the …

4 Ways Businesses Of Any Size Can Use Big Data To Grow

Business Finances

There’s no reason to be afraid of the “big” in big data. Big data refers to large data sets that have the potential to be mined for information. It can include information on everything from the point of sales tracking and inventory management to website analytics and social media engagement. Regardless of the size of your company, you can use …

How To Keep Your Guard Up Against The Newest Scams

Security and Scams

It seems like there’s a new data leak or identity theft scams to be worried about every week. If you’re not informed, you risk becoming a victim. Sitting back and waiting for news about scams to come to you may not be enough. In an ever-changing security climate, you need to stay on top of new threats in personal information …