Being able to retire with financial wealth is something we all hope for, as our retirement years can be some of the most exciting of our lives. In order to make the best of those years, however, you need to have a reliable source of income. Investing in a traditional IRA is one of the best ways to make that happen, but you may have many questions about it, as most people do. Following are simple, basic answers to some of the most common Traditional...
Knowing smart ways to save money is very important for building wealth and having a financial foundation. Adults have to teach their children how to save money, as this is going to play a very important role in their lives. This not only teaches them how to be responsible, but also is going to show them that you need to have money in order to survive in this world. Following are a few tips that can help set the foundation. Grab a piggy bank One...
One hundred members attended the 2018 Annual Meeting of the Georgia Heritage Federal Credit Union, held March 27 at Carey Hilliard’s Banquet Room, 11111 Abercorn in Savannah, Georgia. Board Chairwoman Jan Griner welcomed everyone to the Annual Meeting and introduced the current Board of Directors, Directors Emeritus and Supervisory Committee members. Jan also recognized the staff of the Credit Union for a job well done. Dale Taratuta, CEO/President of Georgia Heritage Federal Credit Union, recapped 2017 and emphasized the Credit Union’s positive achievements, which include reaching...
Opening a savings account in Georgia requires just a bit of research if you're shopping for the best place to park your money. Shopping around requires looking at several different factors to determine the right fit for you. Here are five things to look for when opening a savings account in Georgia. Minimal or No Monthly Fees: You’ll want a savings account with minimal monthly fees associated with the account. Sometimes, financial institutions have monthly maintenance fees or require you to hold a certain...
Dangers to your checking account information are everywhere. Your privacy and savings have to be protected, and you need to take measures to do so. You should also avoid several potentially harmful practices that could spell disaster for your private information. 7 Ways to Protect Your Checking Account Void out all checks with mistakes or flaws You might find yourself occasionally writing a check incorrectly, spelling a name wrong, or writing out the wrong payment amount. These mistakes are unavoidable, but what...
Improving your credit score is important if you ever want to purchase a home or a car, and potential employers may check your score before a hiring decision. But did you know your credit score can also impact your access to necessities like rent, utilities, or phone service? People with low credit scores often pay higher rates for these services – if they manage to secure them at all. If your score isn't up to par, there are several steps you can take to improve...
Individual Retirement Accounts are a popular way for people in the United States to save money to help them eventually be able to afford to retire from their jobs. IRAs are a great way to put money aside to invest in retirement, and they can also produce a great wealth-transfer vehicle to passing money onto your heirs if you don't spend it all yourself. However, beyond just a way to save money, there are many other benefits of an IRA account as well. Here are...
A personal loan can help you do so much: Pay off debt, finance a large purchase, start a business, and so much more. The benefits of obtaining a personal loan from a credit union, or even simply being a member of Georgia Heritage FCU, are priceless. Let’s start with the basics… When a Personal Loan Comes in Handy A personal loan can help pull you out of a hole or make your dreams come true, depending on how you want to use it. Personal...
Man & Woman of the Year is a philanthropic competition to support blood cancer research among a group of motivated and dedicated individuals in communities across the United States. Candidates form powerful fundraising teams to compete in honor of two local children who are blood cancer survivors. The man and woman who have raised the most funds during the ten-week campaign are awarded the prestigious title of Man or Woman of the Year in their community. Locally here in Savannah, Georgia Heritage FCU was enlisted...
Saving your money isn’t always easy, especially when you don’t have a lot to spare. After paying all your usual expenses, there may be very little “fun” money at the end of the month. When we do find ourselves with some extra cash, like a tax refund, many of us rush out to buy those shoes or that electronic gadget we’ve been eying for months instead of putting it into our savings. Why do we do that? Why do we spend the money we planned...