VSECU Blog
In the VSECU Blog you'll find financial and lifestyle resources to help empower possibilities for your personal success.
By: Bradley Carleton
April 10th, 2020
Saving and Budgeting | Learn Something New
Rule Number 1: Don’t panic and breathe deeply COVID-19 has caused a lot of people to feel panic and fear about their financial situation and future. This panic and fear can lead to “poverty consciousness,” which is a set of beliefs that cause us to fear that we won’t have enough to survive. This mindset of fear doesn’t lead to good decisions. “So, how can I get past this?” you ask. Thoughtful reflection on the past and maintaining a sense of perspective for the larger picture will lead us through this episode.
By: Oliver Ames
April 3rd, 2020
The Internal Revenue Service (IRS) has provided more information about the IRS stimulus payments they will distribute within the next three weeks, also referred to as Economic Impact Payments or COVID-relief checks. Those who filed their taxes in 2018 or 2019 do not have to do anything to receive their check. There are a lot of details to this stimulus package, so we've compiled everything you need to know, including when you can expect to receive your stimulus.
By: Oliver Ames
March 27th, 2020
As Vermonters hunker down to stop the spread of COVID-19 and lessen the burden on our healthcare system, we all have to adjust to this strange new normal. With the Governor’s "stay home, stay safe" order, all non-essential businesses have closed their doors, and most events have been canceled or postponed indefinitely. Thankfully, many businesses have modified their services to be accessible remotely. Vermont musicians are turning to livestream platforms to replace the concerts they would have previously headlined. Yoga studios are using video conferencing software to continue holding classes. Online delivery services from big and small companies alike are ramping up their shipping capability to serve the ever-increasing demand for online orders. Even grocery delivery has been made possible across Vermont.
By: Oliver Ames
March 23rd, 2020
I sat down with our CFO and senior vice president of finance, Terence Field, to discuss how to keep you and your money safe during the coronavirus (COVID-19). With so much going on right now, it was wonderful to have an engaging conversation with Terry about everything we are doing to keep our staff and members safe. This was streamed live on Facebook on March 18.
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By: Terence Field
March 5th, 2020
As a finance professional, I am frequently asked “what is going to happen to interest rates?” The obvious answer is that interest rates are going to go up and they are going to go down. I just don’t know when they are going to go up or down. If I did, I would be a much wealthier person. The reality is that no one can accurately predict the direction of interest rates.
By: Talithia Bonner
February 19th, 2020
Learn Something New | Lifestyle
February is Black History Month—a time to recognize the role that African American people have had in U.S. history. In celebration, I would like to bring attention to one of the most influential African American women in U.S. history—my favorite author and poet Ms. Maya Angelou.
By: Shari DeLatte
February 12th, 2020
Homebuying and Mortgages | Learn Something New
Buying a home is complicated. Finding a home that meets your needs as well as your budget is a challenge to begin with. Then you will need to navigate the maze of visits, inspections, negotiations, and documents as you work toward the closing. Your real estate agent, mortgage originator, and lawyer can answer many of your questions and will help you through much of the process, but you’ll have a better chance of getting what you need (along with some additional perks) if you educate yourself on the process first.
By: Oliver Ames
December 10th, 2019
Identity and Fraud Protection | Learn Something New
Two weeks ago, we published a Facebook post about the security and convenience of mobile wallets like Apple Pay and Google Pay and heard from several people interested in learning more about the technology. Here is what you need to know about mobile wallets!