Charlotte Metro Federal Credit Union Blog

Chances are if you’re here reading this, you’re like me - you love getting to celebrate yourself and your loved ones with special occasions. Unfortunately, with all of life’s normal expenses for bills, groceries, savings, it can sometimes feel like there’s not enough money in your budget for the fun stuff.

The holidays are a time for family, friends, and giving. But they can also be a time of stress and anxiety, especially when it comes to money. If you’re asking “How can I create a holiday budget that won’t break the bank?” I have some budgeting tips that can help you out!

When it’s time to make mortgage payments you want to make sure you have enough to pay your monthly mortgage and loan payments plus monthly expenses while also saving...

It’s exciting to think about buying a home! By now, you’ve probably narrowed down your budget and have an idea what your monthly mortgage payment may be, but it's also important to know what costs other are involved.

One of the biggest expenses associated with purchasing a home is the down payment. For most mortgages, lenders require borrowers to put down at least 20% of the purchase price of the home.

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

Hold the phone… Are you coming up on your last car payment or recently made your last one??  Congratulations! I know you're ready to say “I officially own my vehicle!” 

In your search for cars and considering auto loans, you may be asking, “What are all the costs included in buying a car? How much should I have saved up before financing?  What goes into my monthly car payment?”

“How can I track my credit card expenses?” We’re asked this question all the time, which is understandable since you have every right to have and be in control over your credit card spending. Keeping track helps you stay on top of fraud as soon as it occurs and helps with sticking to a budget and maintaining a low balance.