Financial Literacy & Wellness
Take control of your financial life and achieve your goals!Reaching Your Financial Goals Requires Knowledge And Skills
Without an understanding of basic financial strategies and terms, it can be challenging to make informed decisions, overcome obstacles, and reach your financial goals. We are here to help you expand your financial knowledge with courses, programs, and technology. Read on to learn all the ways that we can help you succeed.
Financial Literacy Classes
Whether it’s buying a home or vehicle, going to college or preparing for retirement, you have big plans. We’re here to help you achieve them. Join us for our complimentary seminars and webinars and get real advice from real experts.
Fin-Life – Financial Wellness App
Financial planning shouldn’t be frustrating, confusing, or exclusive. We’ll coach you through the top 10 financial wellness topics, from creating and sticking to a budget, to planning for the future. No investor-speak, monthly fees, or in-person meetings needed—just your phone and 3 minutes a week.
Youth Savings Account
Your kids can start healthy financial habits early with their very own savings account. Whether the goal is a new bike, summer camp, or even college, it’s never too early to start powerful savings habits.
Raise Your Credit Score
There’s no question that having a good credit score is more important than ever. Thankfully, you can monitor your credit, access your free credit report, and even raise your credit score with the help of Experian Boost.
Financial Education for the Whole Family
Money-Confident Parents
Give your kids an advantage they deserve with Money Smart Start.
Financial Education for Schools
Bite of Reality
Grades 7-12
In our interactive reality fair events, students choose a career that comes with a salary, family, loans, debt, and medical insurance payments. Students work with credit union volunteers to make simulated spending decisions, all while trying to stay within their budget.
Financial Education for Military and Veterans
Veteran Financial Wellness
At Service Credit Union, we believe everyone should have the opportunity to be financially well. That’s why we’re here with the resources you need to help you achieve your financial goals, no matter what your objective is. Check out our library of resources below, and find the right mix to get you on your path to financial wellness.
Good Cents
Get Helpful Finance Tips
From Service Credit Union
Frequently Asked Questions
What is a budget?
A budget is your financial plan that estimates money coming in (income), and money going out (expenses) for a certain period of time.
Financial planning shouldn’t be frustrating or confusing. Start reaching your goals in just 3 minutes a week with the Service CU Fin-Life app.
Why is a budget important?
Maintaining a budget is important to ensure you are living within your means. Budgeting helps you control your spending, while helping you stay organized and able to pay your bills on time.
Learn more here from our partners at EVERFI.
How do you learn to stick to a budget?
Setting goals is one way to hold yourself accountable and stick to your budget. Having short term and long term goals can help you stay on track and feel more in control. An example of a small goal could be not ordering take out for two weeks, while a longer term goal could be saving money each week to build up an emergency savings account.
Check out The Top Five Reasons You Need a Financial Plan, from our partners at Pocketnest!
What is a credit score and how is it calculated?
A credit score is a formula that lenders use to help determine how likely a borrower is to pay back borrowed money. Lenders, such as credit unions, look at the credit score to determine the type of credit that would best fit the borrower at the time of their application.
Your credit score is determined by factors such as: bill payment history, length of credit history, current unpaid debt, how much of your available credit you’re using, new credit requests, and if you have had debt sent to collection, foreclosure, or bankruptcy.
Learn more about how credit is measured, the impact it can have on your goals, and the seven actions you can take to improve your credit score.
How do I teach my kids about money?
One of the most important things to consider when having conversations about money with children is their age. As children grow and develop, so do the most effective ways to teach and practice positive financial habits. Luckily, there are big life events that happen at different ages and provide opportunities to teach and discuss financial habits.
Our friends, The Money Mammals, help our youngest savers learn while making financial topics more approachable for young children with games and activities.
What is a mortgage?
A mortgage is a home loan that you pay back over a number of years. Your mortgage payment typically includes the principle (the original amount your borrow), interest (the amount you pay to borrow the principle), taxes and insurance.
Explore how to calculate costs and other factors to consider before buying a home, and get more tips from our real-estate lending experts. Stay tuned for our free, virtual and hybrid homebuying classes!