Posts

19 Reasons To Create And Stick To A Budget

1.    You’ll spend less. 2.    You’ll always have enough for fixed expenses. 3.    You’ll argue less about discretionary spending. 4.    You’ll save more. 5.    You’ll have money for fluctuating expenses. 6.    You’ll feel more in control of your finances. 7.    You’ll be motivated to increase your earning potential. 8.    You’ll feel less guilt about impulse purchases that are within your budget. 9.    You’ll feel […]

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Zombie Debt – What It Is And How To Fight It

Q: My spouse and I filed for bankruptcy several years ago, hoping to start fresh. We’ve been living within our means and haven’t had so much as a late payment. Yet, when we applied for a home equity loan, we got turned down! The financier said our debt utilization ratio was too high, but we […]

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8 Creative Ways to Save on Heating Costs this Winter

8 Creative Ways to Save on Heating Costs this Winter Q: I just got my first wintertime heating bill and I’m reeling. I’ve sealed all leaky windows and I’ve replaced the weather stripping around my doors, but my bill is still astronomical. Short of hibernating until spring, is there anything I can do to keep […]

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Beware The Fake Check Scam Targeting College Students

Beware The Fake Check Scam Targeting College Students Making the transition from high school to college isn’t easy. You need to deal with a whole new set of rules, adapt to dorm life and get to know your new classmates, teachers and roommates. Then there’s the financial aspect: applying for financial aid, grants and scholarships; […]

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9 Germy Places To Avoid (Or Disinfect) This Winter

As Old Man Winter settles in for his yearly stay, it’s time to brush up on your disinfecting smarts. Cold and flu viruses can fly up to six feet through the air, says Joseph Rubino, former director of microbiology at RB, the creators of Lysol. Harmful bacteria and viruses can lurk in places you’d never […]

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All You Need To Know About Applying For FAFSA

Free Application for Federal Student Aid (FAFSA) season is in full swing! Whether you’re a college student, a high school senior or you’re seeking financial aid for your college-age child, it’s time to fill out those forms. The rules and deadlines can be confusing, but we’re here to help. We have answered all your questions […]

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Black Friday Problems

Here at Lincoln Maine FCU, we hate to see your money go to waste, so we’ve put together a list of misleading advertising schemes you may come across when hunting for deals this Black Friday. Be an informed consumer and shop smartly! 1. Very limited quantities That $200-off supersized TV screen on the front page […]

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Book Lovers Day

Are your kids reading enough books this summer? It is hard to keep kids in the learning mindset when they are on summer break. Here are some tips to get your kids engaged in reading before heading back to school in a couple weeks. Find new books, visit your local library or find a book […]

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Skimming

Skimming: Prepare & Protect Your Accounts The issue of skimming and its impact on one’s card security is a source of local and national concern. Skimming is a growing problem, and one that our credit union takes very seriously. It can occur at ATM machines and other point-of-sale locations.  A skimmer is a device that […]

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Save with Balance Transfers

Are you one of the 48% of credit card users who make the minimum payment on your card and have the amount roll over to the next month? According to the Federal Reserve 15% of families report spending more money than they receive each month. (Federal Reserve) This means you could be spending 100’s of […]

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