Written by Jean Chatzky Using micropayments to help you knock down high-interest debt faster. Do One Thing: Consider paying part of your credit card bill a couple of weeks earlier each month to get in the habit of paying down the debt more quickly. The Power of Micropayments Here’s something that credit card companies charging […]
Written by Chris O’Shea Tips for converting a traditional IRA to a Roth IRA. Converting a Traditional IRA to a Roth IRA can be worthwhile, but timing matters. Deciding when to make this “Roth Conversion” primarily depends on whether you expect your current tax rate now to be lower than your future tax rates. When […]
FRB Federal Credit Union® is excited to introduce our new Online Book Club, inviting members to connect, learn, and grow together through thoughtful conversation. This virtual series will cover topics like personal finance, wellness, and personal growth. We are starting with The Wealth Ladder by Nick Maggiulli, a practical and insightful guide that breaks down […]
Written by Jean Chatzky Raise your score by doing a few key things. When it comes to credit scores, there’s almost always room for improvement. If you’ve pulled your score and you’re not satisfied with the number you received, there are several strategies to boost it. But first, you need a little insight into how […]
Written by Jean Chatzky A guide to why your score may have fallen — and how to boost it back up again. Checking your credit score is an easy way to tell if you’re making smart financial moves with your credit cards and loans. It’s a representation of how well you’re paying your bills, keeping […]
Saving for the future doesn’t have to feel overwhelming—it starts with small, intentional steps. That’s why FRB Federal Credit Union is proud to celebrate America Saves Week 2026, taking place April 6–10, 2026. This annual initiative is all about empowering individuals and families to build stronger financial habits and work toward lasting financial well-being. Throughout […]
Written by Chris O’Shea How an allowance can help kids learn about money. Giving kids an allowance can be a great way to teach them the value of money. Perhaps that’s one reason why so many parents do it. According to a study from T. Rowe Price, about 70 percent of all American kids get […]
Shopping for a car online has never been easier. But unfortunately, neither have scams. Law enforcement agencies across the country are warning consumers about a sophisticated fraud scheme involving fake auto dealers who lure buyers in with spoofed online ads and cloned dealership websites. These scams are designed to look legitimate, often featuring attractive pricing, […]
Written by Jean Chatzky A guide for protecting your credit and personal data against data breaches. Do one thing: If you think you’re a victim of fraud and haven’t already put your credit on ice, contact the three main credit reporting agencies and freeze your credit. You won’t regret it. Protecting Your Financial Accounts National news […]
Written by Jean Chatzky Here’s a guide for those who may have to handle the estate of a loved one. Do one thing: Encourage or help aging parents and loved ones draft a will and an estate plan to ensure their wishes are known and carried out. Managing Money Matters for a Loved One Stepping in […]