As the New Year approaches, it’s a time for new beginnings and setting goals. For many, financial well-being is at the top of their resolutions list. Whether you’re looking to save more, reduce debt, or just get your finances in order, Deseret First Credit Union is here to help. Here are four effective ways to […]
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3 Jar Allowance For Kids
The sooner you teach your children the basics about budgeting, the better, and the 3 jar money system is a great way to get started. Kids and Money To learn how to manage money in the 3 jar system, kids need some money to manage. How they get that money can vary. Some children earn […]
Teaching Children About Money
Whether you’re teaching finances to your kids, your grandkids, or those of a loved one, it’s absolutely essential to teach children how to manage the money they have and invest for the future. Spending An understanding of spending, including the ability to budget for and track it, is perhaps the most essential money skill you […]
Life Insurance Basics
Life insurance isn’t something people like to talk about. After all, planning the financial impact of your death isn’t an easy thing to do—but it’s essential. Insurance Basics When you purchase a life insurance policy, you’re agreeing to pay a regular premium, or fee, often on a monthly or quarterly basis. In return, the insurance […]
Renter’s Insurance Basics
A renter’s insurance policy can help protect your personal property and yourself from liability for accidents that happen in your living space. Things Do Go Wrong Why do you need insurance if you rent? A landlord’s insurance policy covers the building. If a leaky roof floods your living room, you won’t have to pay for […]
Insuring Your Home
Home Insurance is absolutely essential to protect what is likely your largest investment: your home. Buying a home is never financially easy. But one of the things that makes it worthwhile is the fact that—unlike with a rental—the money you spend on it becomes an investment. That’s why home insurance is so important. Without it, […]