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Understand the 10 steps in the homebuying process with Dominion Energy Credit Union’s financial article. Gain more confidence in buying a new home today.
- Budgeting
- Savings
- Money Management
April is Financial Literacy Month, an ideal time to enhance your understanding of finances and empower your financial future. Whether you're just starting your financial journey or looking to improve your money management skills, this month offers a perfect opportunity to focus on building a solid financial foundation.
- Budgeting
- Money Management
The first step in dealing with any financial setback is to assess the situation. Take stock of your current financial standing, including your income, expenses, debts, and savings. In some cases, it is easy to see why the setback occurred but sometimes setbacks can occur through a series of subtle events.
- Retirement
- Money Management
Life changes a lot as we grow older, including how much money we spend and how we spend it. There are a lot of new expenses that come with age and these costs can be overwhelming if they creep up unexpectedly.
- Money Management
- Children
It’s called the “Sandwich Generation.” And it has nothing to do with anyone’s eating habits. Instead, the phrase refers to adults who are caring for aging parents at the same time they’re raising children.
- Money Management
- Debt
Graduating from college brings numerous job opportunities and opens doors to the rest of your life. But with all of that, your degree also brings costly student loans.
- Money Management
- Budgeting
Graduating can have many next steps – Planning for more schooling, starting a new job, or maybe a year of exploring. No matter what you plan to do, this is the perfect time to begin laying the groundwork for your financial future.