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Financial and Lifestyle Resources for Vermont

VSECU Blog

In the VSECU Blog you'll find financial and lifestyle resources to help empower possibilities for your personal success.

By: Stephanie Loscalzo

June 24th, 2021

Is Doing What You Love the Best Career Path?

Youth and Finances | Learn Something New | Lifestyle

When we were younger, many of us were asked, “What do you want to be when you grow up?” Well-intentioned adults may have been excited to get a sneak peek into our little minds and identify what we were passionate about. If you had asked me, I would have said a naturalist (think Steve Irwin); if you asked my brother, he would have said a dragonfly. What makes this innocent question quite layered, actually? Following our passion implies that we have a clear calling that will not only make us happy but will also be lucrative.

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By: Robbin Figura

June 22nd, 2021

Budgeting for a New Baby

Preparing for a new baby can be overwhelming, especially if it’s your first. Between setting up the nursery, reading every pregnancy book under the sun, and creating a birth plan, your mind is a constant whirl of to do’s. With so many fun mommy-to-be chores like registering and decorating to distract you, there is one much less fun, yet absolutely crucial, task that is often missed: organizing your finances.

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By: Jack Zeilenga

June 17th, 2021

Why and How to Grow Your Own Food

As the summer weather warms and everything greens up, many people turn their attention to the soil and start (or in many cases re-start) a garden. For some gardeners, flowers are their passions. For others, like me, it’s growing their own food.

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By: Simeon Chapin

June 16th, 2021

The Meaning of Juneteenth and Five Ways We Can All Celebrate June 19

Learn Something New

One of the many messages of 2020 was that our country is still far from the equality our foundational documents aspire to. Access to freedoms, protection, safety, and opportunity in the United States is unequal and falls along lines of gender, race, class, and more. After the killing of George Floyd, as the country reeled in protests and examined the historical and systemic nature of racism, the holiday of Juneteenth became one way to focus learning and actions. For many, especially those of us in New England where the holiday is celebrated by few, it was new and unfamiliar.

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6 Tips for Improving Your Credit Score

Cultivate and Maintain an Excellent Credit Score

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By: Thomas White

June 10th, 2021

Is That a Charity Scam? How to Do Good and Avoid Losing Money

Identity and Fraud Protection

For the past ten years, the Charities Aid Foundation (CAF) has been publishing an annual report on giving behavior around the world, with the goal of helping donors and charities make a greater impact. They have surveyed 1.3 million people in 125 countries over the past decade to quantify people’s generosity of both time and money towards people and causes, with the United States topping the list each year. This is no small feat and should remind us of the kindness in the world. We all choose different ways to give: helping strangers, volunteering, and donating money, to name a few. When you’re ready and looking to give, keep in mind that all this financial generosity translates into hundreds of billions of dollars in philanthropy every year. Unfortunately, with so much money involved, some less-than-honorable people look to exploit this good will for personal financial gain.

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By: Oliver Ames

June 8th, 2021

Investment Apps and Meme Stocks: It's Wise to Be Wary

Youth and Finances | Investing in the Future

In June of 2020, the daily number of people trading with the popular Robinhood investing app reached record levels, exceeding 4.3 million daily average revenue trades (CNBC). Robinhood is a new breed of commission-free investment apps that allows anyone to trade stocks and funds through a simple mobile app that rewards investments with confetti and other fun graphics. The company recently came under increased scrutiny, for creating a user experience that encourages risky behavior, when a twenty-year-old user committed suicide because he thought he had lost $730,000 dollars (CBS News). While apps like Robinhood provide an innovative and exciting new way for anyone to become an active investor, they are also causing significant harm to unseasoned investors who are unaware of the dangers of risky investment tactics. Here are a few things to keep in mind before you dip your toe into the market and risk gambling away your money.

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By: Laurie Fielder

June 3rd, 2021

Is Solar Worth the Investment?

Energy Savings

Most people who are considering a solar purchase ask this question: “If I invest in a solar project for my home, can I expect to break even?” Unfortunately, the answer isn't as simple as yes or no because it depends on several factors, relating to both the homeowner and the project.  

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By: Brian Bristow

June 1st, 2021

How Does an IRA Work and Why Isn't Mine Performing?

Investing in the Future

To understand why your IRA, 401(k), 403(b), or 457 isn’t performing, you need a little background on how these retirement products work. They are essentially just tax-deferred containers for your retirement portfolio, so they function differently than many other investment products.

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