MVCU Blog

Living the Credit Union motto of “People Helping People” is important to the team at MVCU.

Life is unpredictable. It doesn’t matter how much you plan; sometimes, things pop up that can be very expensive! Having money saved for planned and unplanned events can help you manage financial stress.

It’s a new year! Now is a great opportunity to develop some positive savings habits to build or refresh your Emergency Savings account.

Don’t fall into these traps when purchasing your first house

Searching for your first home can be exciting and sometimes a little scary. It’s generally the largest expense most people will ever make, so it really pays to do your homework, and arm yourself with knowledge and a team of professionals who can help you avoid the pitfalls some first-time homebuyers find themselves making.

What to do if you lose your wallet or purse

Losing your wallet or purse can be a frustrating experience. Your credit cards, ID, keys and cash are all seemingly out there in the world for anyone to find. Despite the feeling of helplessness, there are ways to mitigate the damage. Here are some steps to take immediately after losing your wallet or purse.

How to protect yourself from cash app scams

Cash apps like Venmo, Zelle and CashApp are great for their convenience. But as with all things involving money, scammers are lurking in the shadows. Here’s how to keep yourself (and your money) safe when using cash apps.

Since starting this blog in 2020, we’ve covered a wide range of topics. We have talked about taxes and learning how to file on your own, understanding your 401(k) and the benefits of owning a credit card. We’ve discussed budgets in every way you could think of; how your personality effects your budgeting, different types of budgets and the 50/30/20 budgeting rule. At one point, we even threw in a financial challenge that proved to be a total failure if you don’t have great willpower (for me, anyway). It has been fun doing deep dives into the world of personal finance. All this big thinking, though, can cause us to gloss over basic financial principles.

Recently, some of our members were targeted by a Home Warranty Notice scam. This isn’t the first time this scam has been used, and it probably won’t be the last. But don’t worry! If you stay alert and aware, you can avoid becoming a victim.