Aug 31, 2018

Sunrise Savings: Breakfast on a Budget

Just because breakfast is the most important meal of the day doesn't mean it also needs to be the most expensive. Whether you're cooking for one or feeding a horde of children, here are some ways to save some money every morning. Make a Menu Grabbing whatever you can find as you're rushing out the door is not only unhealthy, it can cost you. Create a weekly menu so you're not buying too much at the grocery store. Identify where you can utilize an ingredient in multiple meals, like spinach for a dinner salad as well as your morning smoothie.…

Aug 30, 2018

How college students can get rewards for being financially responsible

Nicole Cypers from America First stopped by to help support college students as they head back to school. According to Cypers, “education is very important at America First Credit Union, and we want to not only help you prepare financially while in college, but also welcome you back to school in style.” That’s why, from August 17th to September 30th, new members attending participating universities: USU, WSU, UVU, DSU, SUU, U of U or BYU, will receive a game day t-shirt when they open a Savings and Checking with a free debit card, and download the America First mobile app.…

Aug 24, 2018

Virtual Money: Understanding Cryptocurrency

The concept of cryptocurrency can be fairly confusing to those who are just hearing about it. After all, words like Bitcoin, blockchain and mining sound like they belong in a video game rather than the financial sector. If you've ever wondered what this world is all about, here's a brief introduction. What is cryptocurrency? In the simplest of terms, cryptocurrency, or crypto, is virtual money. It only exists electronically. Bitcoin is the most popular, but there are thousands of others, with names like Ethereum, Litecoin, Ripple, Feathercoin and TRON. Users can't make their own Bitcoins, but anyone with the know-how…

Aug 17, 2018

Back-to-School Savings

Kids aren't the only ones who get anxious about going back to school. As summer winds down, many parents are financially stressed because all of the supplies & extras they're going to purchase. Here are some tips to save a few bucks this year. Reading Research it beforehand. Check out popular sites for discounts on backpacks, folders, laptops, calculators, colored pencils and whatever else you need. Follow your favorite stores on social media to see when deals are available. Sales occur at different times, so keep a list and compare prices. You don't have to shop exclusively online or at…

Aug 10, 2018

The Cost of Cycling

If you're searching for a new hobby, cycling is a fun & healthy choice. But if you're going to take it seriously—even train for races such as the Tour of Utah—you're going to spend some money. Here's a brief cost overview: The bicycle itself ($500 - $2,000) Absolutely the most expensive component. Road bikes are far more aerodynamic and lighter than those made for trails. High-end models are also more expensive because they have carbon fiber and titanium construction. Those you see in the Tour de France run around $12,000, but that’s certainly not necessary for those on the entry…

Aug 03, 2018

Smart Spending: Use Credit Cards Wisely

Credit cards may have an iffy reputation, but the truth is that they're beneficial financial tools if you make wise choices. They can boost your credit score, bring some cash back, and generate rewards. Use them carelessly and you'll pay for it—literally. Here are some best practices. Maintain zero balances Treat your credit cards like personal loans to yourself. Don't spend more than you have. Carrying a balance means you're being charged interest, which is money you don't need to spend. Pay in full and on time every month to avoid this cost. If that's not possible, at least submit…

Aug 01, 2018

Security Update: Guarding Against Cybercrime

No matter the season and regardless of the economic environment, there are always criminals looking to perpetrate fraud. It can happen to anyone at any time, but here are five easy steps you can take to help protect yourself: Don’t include your Social Security and driver’s license numbers on any identifying documents Never write your PIN on cards or papers in your immediate possession Destroy confidential documents—click this link for a free shredding schedule Choose strong passwords with different letters, numbers and special characters Review your America First statements with free online & mobile banking Visit us here for news…

Aug 01, 2018

Ensuring Member Success Creates A Vital Credit Union

By Rex Rollo, Executive Vice President/Chief Financial Officer In a beautiful poem titled "A Nation's Strength," Ralph Waldo Emerson reveals the true measure of any country's success. His verse, consisting of only six stanzas, has a deep and clear message. Emerson suggests it is the people of a society "not its might, riches or natural resources” that make it strong. Here at America First, we realize our health & stability are derived from the same source: the families & businesses we serve. This knowledge forms the basis of our motto, Members come first. Further, the credit union's mission statement declares…

Jul 27, 2018

Traditional vs. Roth IRAs

Individual retirement accounts, or IRAs, are a way people can save money specifically for when they leave the workforce. The two primary types of retirement accounts are traditional and Roth. Here's a quick rundown of the differences between these options. Traditional With traditional IRAs, you normally won't pay taxes until you withdraw the money. Some or all of your contributions may be tax deductible, depending on your gross adjusted income, and your earnings can also grow in a tax-deferred environment. Any money you put into a traditional IRA will lower your taxable income that year, which could help you qualify…

Jul 20, 2018

All-Wheel Savings: Caring for Your Car Tires

You should always take care of your wheels—and we're not just talking about the car itself—because it will save you money in several ways. Properly maintained tires get better mileage, so you'll spend less on gas. Regular checks and rotations will help them last longer and prevent blowouts, which could cause costly damage to your vehicle and potential injury. Here are some tips on how to take care of your ride: Monitor the Pressure Air pressure is measured in pounds per square inch or PSI. The PSI number on the sidewall is the maximum amount of pressure, and therefore should…