Skyla Credit Union Blog

fraud awareness series Imagine you're scrolling through your social media or dating app and suddenly, a message pops up. It's from an intriguing stranger who seems to tick all the boxes of your dream partner. Exciting, isn't it?

Starting your journey as a self-employed individual or entrepreneur is an exciting step toward financial independence — but it also comes with added tax responsibilities.

Let’s face it — taxes still aren’t fun. Still groan-worthy. If you are preparing to file your 2025 taxes (you will file a return in 2026), the process may seem familiar, but there are a few updates and reminders that may be helpful prior to starting.

Taxes – the never-ending saga of adulting that most of us dread. As mentioned in a previous tax article, it's not the most exciting task to tackle. But alas, it's a necessary one.

Tax season is stressful enough without scammers trying to take advantage of taxpayers. Unfortunately, tax-related scams continue to evolve, and in 2026, fraudsters are becoming more convincing, more urgent, and harder to detect.

With all of these misconceptions about credit unions, many don’t even know the real reason why credit unions exist and what membership actually entails.

In today’s world, having multiple bank accounts is becoming increasingly popular. But there's no one-size-fits-all answer to the question of whether it's best to have multiple bank accounts. It depends on your financial situation and goals!

When you have more than enough funds in your checking account, you stay ahead of any maintenance or overdraft fees.

Short and sweet? Yes, your credit score will decrease when you officially apply for a credit card. But don't worry - The drop is temporary and the score increases after a couple of weeks and the benefits of having a credit card far outweigh the initial drop in score. By that time, you could be using your credit card responsibly where the lender reports your positive credit card activity to the bureau. In turn, that positive activity will boost your credit score even higher