There is no getting around it, cash flow is what fuels any business. In almost any business venture, generating a strong and consistent cash flow is one of the most important pillars for the success of your enterprise. Continue reading Businesses That Make Money Right Away – Strong & Early Cash Flow Ideas
Your home is likely your biggest asset now, and perhaps in the future. For many, this means building equity in their home as they make regular mortgage payments. If you feel your credit is stretched or you’re struggling with multiple monthly payments, the equity in your home can serve as a powerful tool to improve your financial health. With home equity loans and lines of credit, you can get the funding you need to pay off smaller, high-interest debt and save money in the long-term. Continue reading The Homeowner’s Guide to Home Equity Loans and Lines of Credit
Homeownership is one of the most significant achievements in a person’s life. Most people hope to become homeowners but the high cost of buying property can make some feel hopeless. But, hang on to that hope! Continue reading How to Save Money For a House? 8 Savvy Ways
Many people choose to go to a traditional bank to meet their savings goals. Doing business with a big bank can offer some conveniences, but oftentimes their corporate offices are states away from where you live. In contrast, local credit unions offer a more personalized, community-oriented, less expensive alternative for those who want to save money. Continue reading Savings Account Rates: How Credit Unions Help You Save
Just about everyone could benefit from speaking with a professional financial planner; however, sometimes the cost can be prohibitive. While seeking out the help of a professional financial advisor might be expensive, solid financial advice can sometimes save you significant amounts of money in the long run. Continue reading Do I Need a Financial Advisor? How to Tell What Money Help You Need
Extra money comes in many forms. Perhaps you earned a raise or bonus at work, reduced your expenses, received a financial gift, or inherited an unexpected sum. Or maybe you decided to earn extra money driving an Uber or Lyft or picking up jobs on websites like Taskrabbit. Regardless of how you found yourself in a position where you have some extra cash, it is important that you know how to use those funds in a productive way. Continue reading What to Do With Extra Money: 6 Methods for Smart Saving and Investing
Dane County Credit Union Donates $20,000 to Local Non-profits
Several local non-profits are the benefactors of $20,000 in donations made by Dane County Credit Union. These donations help support organizations that are providing needed services for those affected by the Covid-19 pandemic in our community. Continue reading News Release – Public Service Announcement – Community Donations
A personal loan is a short-term loan from a lender that you pay back in monthly installments. The length of a personal loan varies as well as the interest rates for borrowing money. Unless your credit is strong enough to qualify for a 0% introductory credit card offer, a personal loan will often be your cheapest option for borrowing money. In fact, the Federal Reserve reports that the average personal loan interest rate is significantly lower than the average credit card interest rate, which was about 16.6% as of February 2020. Continue reading Credit Unions & Low-Interest Personal Loans: How the 2 Go Hand-in-Hand
Dane County Credit Union Announces the Appointment of New Chair to Board of Directors
Madison, WI — After serving on Dane County Credit Union’s Board of Directors for 20 years, 9 of the those being the Chair, Joe Guastella, has retired from the board. Jeff Heil, who has served on the board for the past 8 years, most recently as Vice Chair, was appointed by the board to succeed Mr. Guastella as the new Chair.
“It has been a great honor serving on the board and representing the members of Dane County Credit Union,” said Guastella. “I am incredibly proud of what we have accomplished at this credit union over the years. I am confident in Jeff’s leadership and vision to continue making a positive
difference for our members and our community.”
Commenting on his appointment, Mr. Heil said: “I’m honored to accept the Chair of the Board appointment and look forward to continuing our credit union’s vision to provide our members with financial solutions to improve their lives.”
In addition to the newly appointed Chair, other appointed officer positions include: Theola Carter as Vice Chair, Cody Davies as Secretary, and J. McLellan as Treasurer.
About Dane County Credit Union
Dane County Credit Union, a $200 million, full-service, not-for-profit financial cooperative, serves everyone who lives or works in Dane County and the surrounding counties. Dane County Credit Union currently has 4 branches in the Madison area with 20,000 members. To learn more, visit www.dccu.us.
Everyone’s savings goals change as they progress through life. No matter how old you are or what your savings goals might be, one thing is always true – you are never too young or too old to save money.
Aiming for a specific savings target each month or each paycheck can be a great way to establish healthy financial habits.
Whether you are a recent graduate or well into your career, it is never too late to start saving part of your income. Saving for emergencies, retirement, education, and down payments are all valid reasons to want to establish a solid savings plan. Continue reading How Much of My Income Should I Save? What the Experts Say