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Image for Media Microtransactions: Budgeting for Small Media Purchases

Media Microtransactions: Budgeting for Small Media Purchases

BLOG | BUDGETING

2 min read | October 3, 2024

Video games and apps can be a fun escape, but the microtransactions associated with them can stealthily strain your budget. Learn how to track their costs, allocate funds wisely, and avoid impulse buying. Stay in control of your digital spending!

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Why Is Budgeting Important?

BLOG | BUDGETING

2 min read | October 1, 2024

Budgeting is a concept many are familiar with and have mixed feelings about. You may wonder why people talk about budgeting so often or why it's important. In our new article, we dive into reasons why budgeting is a valuable financial tool.

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Should You Invest or Pay Off Student Loan Debt?

BLOG | INVESTING

2 min read | September 12, 2024

Deciding whether to invest or pay off student loans depends on your financial goals. High-interest debt should be prioritized, but investing early can leverage compound interest in your favor. Balancing both, while maintaining an emergency fund, is ideal.

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Student Loan Repayment: The SAVE Plan

BLOG | COLLEGE

2 min read | August 27, 2024

In August 2023, the Department of Education announced its new Income-Driven Repayment (IDR) Plan, the Saving on a Valuable Education (SAVE) Plan. Read our latest blog post to see if this could apply to your student loans.

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Navigating Your First Retirement Plan

BLOG | INVESTING

2 min read | August 13, 2024

When choosing your first retirement plan, focus on understanding the basics of retirement saving and what options best suit your goals. Beginning your savings journey in college can set you up for a more secure financial future.

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Image for Dollar-Cost Averaging: Make Your Dollar Work for You

Dollar-Cost Averaging: Make Your Dollar Work for You

BLOG | INVESTING

2 min read | August 8, 2024

Are you looking to invest but don’t want to put all your money in at once? Using the dollar-cost averaging investment method can lead to purchasing more shares while limiting the risk of a lump-sum investment. Learn more in our new article.

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Image for Financial Literacy and How to Improve Yours

Financial Literacy and How to Improve Yours

BLOG | COLLEGE

2 min read | August 1, 2024

Financial literacy is an important aspect of financial wellness and this article will share not only the importance of perspective when getting started, but also how to find financial education resources.

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Guide to Your Vacation Budget

BLOG | BUDGETING

2 min read | July 23, 2024

Planning a vacation can be both exciting and stressful. Whether you’re traveling on a budget or not, it’s possible to save money and have a wonderful trip. Read more to get the scoop on budget-friendly travel.

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Image for Life After Sports and Your Finances

Life After Sports and Your Finances

BLOG | STUDENT ATHLETES

3 min read | July 18, 2024

Personal finances can be affected by the emotions that come with big life events like transitioning away from playing sports. Read on to learn more about financial wellness following an athletic career.

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Three Tips for Reducing Financial Stress

BLOG | LIFESTYLE & TRAVEL

3 min read | July 9, 2024

Money management can be stressful for many people, but creating intentional habits can make finances fun. Read on to learn three tips to make finances less stressful.

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Refinancing Your Mortgage

BLOG | BUDGETING

3 min read | June 25, 2024

If you are a homeowner, you may have thought about refinancing your mortgage. It’s important to consider why you want to refinance and how it will impact you financially. Learn more about what options are available in our new article.

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Image for First-Time Home Buyer: Mortgage Terminology 101

First-Time Home Buyer: Mortgage Terminology 101

BLOG | LIFESTYLE & TRAVEL

3 min read | June 13, 2024

Purchasing your first home can seem intimidating, and you may hear a loan officer use words you’re not familiar with, which can lower your confidence. Read more to set yourself up for a successful journey to owning your first home.

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A Brief History of Investing

BLOG | INVESTING

2 min read | June 6, 2024

Understanding the history and how far investing has come may help alleviate some fear of this form of wealth generation. Read this article to learn more about the evolution of investing. 

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Image for Navigating Personal Borrowing: Balancing Finances and Relationships

Navigating Personal Borrowing: Balancing Finances and Relationships

BLOG | BUDGETING

3 min read | May 28, 2024

Personal borrowing from friends and family can be helpful but carries risks. Learn about the impact on relationships, the importance of clear communication, and how to maintain trust.

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Letting Go of Financial Fears

BLOG | LIFESTYLE & TRAVEL

2 min read | May 16, 2024

Constantly feeling anxious about your money may yield positive results in your savings account, but is that really improving your relationship with money? Tackling your financial fears is a significant achievement in your personal finance journey.

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Image for Credit: Debunking 5 Myths

Credit: Debunking 5 Myths

BLOG | CREDIT

3 min read | May 14, 2024

Feeling intimidated by starting to build credit? We review a few common myths that have endured for generations and offer ways you can move forward to start building credit with confidence.

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Image for 401(k) vs. 403(b): Comparing Retirement Plans

401(k) vs. 403(b): Comparing Retirement Plans

BLOG | INVESTING

3 min read | May 9, 2024

Understanding retirement plans can come with a huge learning curve. Read on to learn more about two retirement savings options — the 401(k) and the 403(b) — and take the guesswork out of interpreting your retirement benefits.

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Summer Budgeting Tips

BLOG | BUDGETING

2 min read | April 16, 2024

Summer is here and now is the time to get a head start on knowing what you can afford. Read on to learn how you can budget your expenses for an awesome summer.

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Saving vs. Investing: Where to Begin

BLOG | INVESTING

2 min read | April 9, 2024

Distinguishing between saving and investing is a fundamental financial skill. Read on to learn how each plays a unique role in financial planning, offering insights into how to effectively balance the two for optimal financial health and growth.

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Comparing Roth and Traditional IRAs

BLOG | INVESTING

2 min read | April 2, 2024

After deciding you want to invest in an individual retirement account, how do you determine whether a Roth or Traditional IRA is best for you? Learn about the differences between the two to determine which one better aligns with your financial goals.

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Go Green with OU Credit Union

BLOG | BUDGETING

2 min read | March 21, 2024

College students inspired the creation of Earth Day. Find out how you can continue the legacy of college students before you by reading our latest article featuring five tips to help the planet and your finances on Earth Day and beyond

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Image for Ways to Keep Your Studies and Finances Organized

Ways to Keep Your Studies and Finances Organized

BLOG | COLLEGE

2 min read | March 19, 2024

It’s normal to feel overwhelmed or anxious when you’re falling behind on things. Whether it's bills or schoolwork, it might be time to sit down and create a system that works for you. This article offers tips to become successful.

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Spring Break Travel Tips on Any Budget

BLOG | LIFESTYLE & TRAVEL

2 min read | January 25, 2024

Traveling — especially during peak seasons like spring break — can feel financially impossible. Learn some tips and tricks to help you get away for spring break without breaking the bank!

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Image for Are Groceries Breaking Your Budget?

Are Groceries Breaking Your Budget?

BLOG | BUDGETING

2 min read | January 9, 2024

For the past few years, a common gripe among many Americans has been the cost of groceries. Check out some tips that could help you on your next trip to the grocery store.

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Oakland University Credit Union
www.OUCreditUnion.org

Oakland University Credit Union, OUCU, is a licensed trade name of Michigan State University Federal Credit Union. MSUFCU remains the legal entity behind both brands, MSUFCU and OUCU. Federally insured by NCUA. Equal Housing Lender.

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