Financial Tips

Did you know..

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on
October 2, 2019

Saving shouldn’t be scary, and TFCU wants to make it the least scary thing you have to worry about. Let’s talk savings. According to Americasaves.org, those with a savings plan are twice as likely to save successfully.

It can be daunting to say you want to save 500 dollars by the end of the upcoming year, rather than try to look at how much you save each month much so you can get to that yearly goal! Keeping short term savings goals in sight makes it easily obtainable.

What’s the purpose of a budget you may ask?

Budgeting helps you put your money to work in the best way possible towards your financial goals. Budgeting can help you stay on top of your monthly and yearly finances, save for the future, get and stay out of debt which all in turn helps you relieve stress!

We cannot track every unexpected expense that comes up in our budget but what we can do is take control of our finances by tracking our income. Once the expenses are tracked, you can find where to make adjustments in terms of spending or saving. Mapping out your expenses can help you pay off debt and reduce future expenses.

Just like when you start a diet, you have a certain goal to reach in mind but you need to monitor your progress, simply by hopping on a scale from time to time, then making adjustments if necessary.

Sources:

https://americasaves.org/for-savers/make-a-plan-how-to-save-money/54-ways-to-save-money
https://www.mymoneycoach.ca/budgeting/what-is-a-budget-planning-forecasting
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Banking Made Easy

At TFCU, we are committed to offering an extensive range of products and services designed specifically with you in mind! We want to make your banking experience as easy as possible by giving you convenient access to manage your accounts on the go, all while providing you with the latest and greatest banking technology.

In addition to banking products & services, TFCU has several affiliate companies known as Credit Union Service Organizations! These companies allow us to offer Insurance Services, Financial Services & Real Estate Services to our members.

TFCU membership is available to anyone who lives, works, worships or attends school in Bristol County, Massachusetts; Bristol, Kent, Newport and Providence counties in Rhode Island; and the Rhode Island towns of Charlestown, Exeter, Hopkinton, Narragansett, New Shoreham, North Kingstown, Richmond and South Kingstown. Membership is also open to immediate family members of existing members.

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  • We’re at @oldcolonyhistory for their annual Liberty & Union Festival! We’re also proud to be one of the events sponsors. 
Stop by and check out our booth for lots of free TFCU swag and stay for all of the activities and events that the Museum has put together. 
Everything will be going until 4pm today! ——————————————————————
#tfcu #tauntonfederalcreditunion #creditunion #creditunions #creditunionsrock #creditunionlife #credituniondifference #creditunionfamily #creditunionlove #creditunionsgiveback #creditunionmovement #creditunionshavemorefun #banking #bankinglife #bankingmadeeasy #financialfreedom #financial #financialplanning #financialliteracy #financialwellness #mobilebanking #financialinstitution #savings 
#libertyandunion #taunton #history
  • In the spirit of the upcoming holiday season, we are collecting canned goods and non-perishable food items to help support local food pantries & soup kitchens.

All items will be distributed within the communities we serve. 
We are asking for Thanksgiving themed items such as: Boxed/Bag Stuffing, Canned/Packaged Gravy, Canned Vegetables (corn, pleas, carrots, green beans), Soups, Canned Cranberry Sauce, Cake Mix, Cookie/Brownie Mix and frosting. 
Non-Thanksgiving items will also be accepted. 
All donations can be dropped off through November 15th during regular business hours at any of our locations: 14 Church Green in Taunton, 480 Rockdale Avenue in New Bedford & 438 West Grove Street in Middleboro. ——————————————————————
#tfcu #tauntonfederalcreditunion #creditunion #creditunions #creditunionsrock #creditunionlife #credituniondifference #creditunionfamily #creditunionlove #creditunionsgiveback #creditunionmovement #creditunionshavemorefun #banking #bankinglife #bankingmadeeasy #financialfreedom #financial #financialplanning #financialliteracy #financialwellness #mobilebanking #financialinstitution #thanksgiving2019 #thanksgiving
  • Impulse purchases are unplanned decision to buy a product,service or good.
Impulse purchases could burn a large hole in your pocket at the end of every moth leaving you to wonder where all your money has gone. A little pocket change here and there could really add up!

Here are some tips to help beat impulse purchases!
  • Every Friday when you visit a TFCU branch, you’ll notice our staff dressed down. Our staff dresses down for local organizations and charities through our Dress Down Program!

Staff participate in this program by donating money on a weekly basis in order to dress down. Those funds are then used by our Public Relations Committee to make donations throughout the areas that we serve.

One Friday each month, TFCU's Fund Friday, our staff choose one organization/charity to receive all of the proceeds from that Friday's Dress Down Day. This month, our staff selected Amos House in Providence!

Amos House is a nonprofit social service agency that provides direct support for men, women, and children in Rhode Island who are hungry, homeless and in crisis.

To learn more about Amos House, please visit https://www.amoshouse.com. ——————————————————————
#tfcu #tauntonfederalcreditunion #creditunion #creditunions #creditunionsrock #creditunionlife #credituniondifference #creditunionfamily #creditunionlove #creditunionsgiveback #creditunionmovement #creditunionshavemorefun #banking #bankinglife #bankingmadeeasy #financialfreedom #financial #financialplanning #financialliteracy #financialwellness #mobilebanking #financialinstitution #savings #saving
  • If your credit score isn’t where you want it to be, it might be due to one of these habits. Read on for four good ideas that might actually be hurting your credit score:
http://tfcublog.com/2019/08/444/
  • We’re back participating in the Feast of the Blessed Sacrament in New Bedford until 9:30 tonight! 
Stop by and visit with our staff to play our Toss & Win game and earn some free TFCU Swag!
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#tfcu #tauntonfederalcreditunion #creditunion #creditunions #creditunionsrock #creditunionlife #credituniondifference #creditunionfamily #creditunionlove #creditunionsgiveback #creditunionmovement #creditunionshavemorefun #banking #bankinglife #bankingmadeeasy #financialfreedom #financial #financialplanning #financialliteracy #financialwellness #mobilebanking #newbedford #feastoftheblessedsacrament #madeirafeast

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