GSCU’s vendor will be completing system maintenance and updates to our OnLine and Mobile Banking from 1:00 PM to 4:00 PM on Saturday, September 25th. These services will be unavailable during this time. We apologize for any inconvenience.
The phrase “grow through what you go through” certainly hits home for the lifestyle choices we can continue to make when the global health pandemic eventually fades. As the number of those vaccinated for COVID-19 surges in the United States, the path to a more normal future seems closer than ever.
If you haven’t been saving as much as you would like for retirement because of the global health pandemic or other life challenges, don’t panic. You can make changes starting today to grow your nest egg for a more financially comfortable tomorrow.
Remember, saving for retirement is important because Social Security was never meant to to be our sole means of support once we hit our golden years. The estimated average Social Security retirement benefit in 2021 is $1,543 a month, according to the AARP. Generally, those who earn more in their lifetime should be able to receive more, but only up to a certain point. So it’s important to tuck away as much as you can while you’re working.
Tax season has officially arrived. For nearly 75 percent of Americans, that means receiving a refund from the IRS of the taxes that were overpaid throughout the previous year. With the average check or direct deposit for individuals coming in at $2,700 for the most recent filing season, chances are you could expect to receive a tidy sum after completing your 2020 returns.
How you should spend these funds, whether it’s from taxes or a pending stimulus check or even both, really depends on your financial situation.
It’s easy to procrastinate when it comes to your financial goals. There’s always something that comes up, something that needs the money, something unexpected. Never mind that goal of retiring with a nice chunk of change. Never mind that goal of buying your first home. It’s all too comfortable to stay in that “one day down the line” mentality because money seems fleeting at times. Here’s how to break out of that mindset and make progress toward your financial goals.
The coronavirus has hurt the nation’s economy and it has likely impacted your finances as well. While a recession is out of your control, you can take steps to tighten things up at home. Here are some tips to recession-proof your budget.
With headlines focused on the day to day, it’s tough to wrap your brain around saving for the future. It’s possible if you follow these suggestions.
As many of the helpful provisions from the CARES Act, including the additional $600 in weekly unemployment benefits from the federal government, draw to a close, it can be difficult to focus on anything but the short-term financially. But hard doesn’t have to mean impossible.
It might be time to consider rebalancing your 401(k)
The recent stock market fluctuations due to the Coronavirus might have you thinking about rebalancing your 401(k). It could be a smart move. If your portfolio is out of balance, you could be risking more than you originally planned on while also getting less in returns.
Saving for retirement can seem daunting. How can you possibly stash enough cash? Instead of being intimidated by the mammoth size of the entire task, try starting small. If you’re saving some for retirement, but could use a little extra (and who couldn’t?) try these easy tips to add a couple hundred dollars to your savings every month.
With many states under “stay-at-home” orders due to the coronavirus, there’s a good chance you’re doing most of your shopping online. Here are some things to keep in mind to make sure you’re shopping smartly.
Everyone gets tight on cash once in awhile and with back-to-back bills budgets can get overlooked. With the support of Granite State Credit Union, forget payday loans and focus on helping yourself with some extra funds with these 3 features: