Some of the financial terms flying around in the wake of the recently approved Coronavirus Aid, Relief and Economic Security (CARES) Act may be confusing. We have broken down some of the key components and how they relate to the COVID-19 pandemic.
If you've been watching the market lately, perhaps the first question on your mind is, "Should I make a big change in my investments?" In reality, a volatile market isn't the best time to do a complete makeover of your portfolio, especially if you have long-term financial goals you're trying to address. Even if you feel that your portfolio needs adjusting, maintaining a firm grasp on your fundamental investment strategy can help you be more thoughtful about making any changes.
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If you've been planning to buy your first home this spring and spent years preparing for this purchase, you may be wondering if you should go through with your plans now that the coronavirus has had a negative impact on the economy.
Scammers are notorious for capitalizing on fear, and the coronavirus outbreak is no exception. Showing an appalling lack of the most basic morals, scammers have set up fake websites, bogus funding collections and more in an effort to trick the fearful and unsuspecting out of their money.
With college hoops March Madness coming up, let’s take a moment to review some surprising financial lessons we can learn from the iconic sport and its players.
Do your finances need a bit of sprucing up this spring? We’ve got a set of tips that will help you get your money matters in order and help you prepare for summer fun!
MSCU is proud to partner with the industry experts at BMW of Ridgefield and BMW of Bridgeport to offer financing to their customers. Regular maintenance on your vehicle is like going to the dentist for cleaning or your doctor for a physical. Having regular maintenance performed is necessary to keep your vehicle running correctly and safely, as well as extend the life of your vehicle and help it retain value.
Mutual Security Credit Union is pleased to announce that Member Service Representative Christopher Isaacs has been selected to attend Crash the GAC 2020 by The Cooperative Trust and Credit Union National Association to represent the state of Connecticut and Mutual Security Credit Union!
When trying to trim a monthly budget, most people don’t consider their fixed expenses. These recurring costs, which include mortgage payments, insurance premiums and subscription payments, are easy to budget and plan for since they generally remain constant throughout the year. While people tend to think there’s no way to lower fixed expenses, with a bit of effort and research, most of these costs can be reduced.
Every 10 years, the Census Bureau makes an effort to count every person living in the U.S. Though the process won’t start until mid-March 2020, the Federal Trade Commission (FTC) is already warning of scammers exploiting the process to con you out of your sensitive information. That’s why it’s important to familiarize yourself with the census procedure; so you know what to expect and so you can easily spot a scam.