Tuesday, June 28, 2022 When it comes to going through a divorce, one of the biggest stressors is identifying how to deal with finances moving forward and working through possible financial strain. Making sense of finances after divorce takes work and time, but with proper planning and a responsible approach, it’s completely doable!
Below, we’ve compiled 10 financial steps to take after a divorce that can help set you up for success.
1. Close all joint accounts If you haven’t already taken this step, do so immediately. Review all your financial accounts and credit cards and close all the ones that are jointly owned by you and your ex-spouse. In the best-case scenario, failure to take this step can leave your accounts open to fines and maintenance charges for accounts you don’t really use. Tuesday, April 7, 2020 Tuesday, February 18, 2020 Tuesday, August 13, 2019 Tuesday, August 6, 2019 Tuesday, July 9, 2019 About UsCareersBoard of DirectorsCommunity ImpactADA/ Web Accessibility CloseEnuff™ CheckingSavings AccountsMoney MarketsCertificates of DepositIRAsGrow Your Change Auto LoansBoat & RV LoansPersonal LoansBusiness LoansHome Equity LoansStudent LoansSkip-A-Pay PurchaseRefinanceFirst-Time HomebuyersMortgage Specialists Credit CardsCard Info & DisclosuresFraud Protection Youth ServicesStudent-Run CUGreenlightYoung Adult ServicesScholarshipsCloseEnuff™ Student Checking Community ImpactRelentless Care FoundationChoose The BearBlog Archive
April is Financial Literacy Month, and a great time to think about some important lessons everyone can learn about finances. Whether you’re a parent looking to make talking money with your kids easier or a professional looking for a few tips, there’s always something to learn. Here are a few Community Financial Resources you can use to build your financial knowledge this month. Plus a few ways to get your kids involved!
A budget will help you gain financial awareness, which will help facilitate more responsible decisions. Here are 6 easy steps to create a budget:
Step 1: Gather your financial information
Collect all your financial documents and receipts for three consecutive months. This includes all account statements, bills, pay stubs, receipts and more.
You don’t need to spend yourself into debt just because everyone else seems to be doing it. Instead, take a proactive approach when shopping for the new school year and spend much less than the national average. Let Community Financial show you how!
Here are 11 ways to save on back-to-school shopping.
Use the seven steps detailed below to guide you through your checkup.
You might think you’ve got a handle on your finances, but it’s likely you’re falling for at least one of these myths. Read on for 7 money myths that might be causing you more financial stress than benefit.
Myth #1: Debit is always better than credit.
P.O. Box 8050
Plymouth, Michigan 48170-8050
(877) 937-2328
2021(61)
December(5)
November(6)
October(5)
September(4)
August(5)
July(3)
June(6)
May(5)
April(5)
March(6)
February(6)
2020(61)
December(6)
All You Need to Know About Going Cashless5 Ways to Trim Your Fixed ExpensesBeware of Debt-Collection ScamsSchool Spotlight: Liberty Middle School and Financial Online Resources for Middle School Students3 Ways to Make Your Holidays Bright (and Safe!)9th Annual Warming Hearts & Homes: You Click, We Donate!
November(5)
October(5)
September(5)
August(4)
July(4)
June(6)
The Complete Guide to Prioritizing Bills During a Financial CrunchAll You Need to Know About Closing CostsSchool Spotlight: New School High Learns Real-Life Skills with the Student-Run Credit Union ProgramCreative Dine-In Cooking: Spaghetti PizzaWhy Is There Still a Shortage on Some Goods?Summer of Sharing 2020: 10 Years of Sharing
May(5)
April(5)
March(6)
February(5)
2019(62)
December(6)
Using 20/20 Vision in Your Financial New Year's ResolutionsStay Safe From These Airbnb Scams This WinterHow to Prepare Your Home for WinterSchool Spotlight: Bentley Elementary Students Benefit with the Student-Run Credit Union and Junior Achievement Programs6 Ways to Keep Your Finances Intact This Holiday SeasonWarming Hearts & Homes is Back. You Click. We Donate!
November(6)
October(6)
Save Money by Dining In | Butternut Squash and Chicken Chili5 Apps to Download Before the Holiday Shopping SeasonSchool Spotlight: Ridge Wood Elementary Teachers Engage Students in Financial EducationInternational Credit Union Day is October 17th!Making Banking Easier with an Updated Mobile App!Ways to Save on Food Costs in College
September(4)
August(4)
July(5)
June(5)
May(5)
April(6)
March(5)
February(5)
2018(63)
December(6)
4 Financial Resolutions for 2019 6 Financial Mistakes People Make in their 20's and How to Fix ThemSchool Spotlight: Local High School Students Learn About CreditMaking the Holidays Count When Home from College7 Naughty Scams to Watch Out for During the HolidaysWarming Hearts & Homes is Back. You Click. We Donate!
November(5)
October(6)
September(4)
August(5)
July(5)
June(5)
May(6)
April(5)
March(5)
February(5)
Tips for Divorcees: Rebuilding Your Finances
April is Financial Literacy Month
“April showers bring May flowers,” goes the saying. It’s also a great lesson about the importance of saving – where weathering some showers can pay dividends during the nicer days that are to come.
How to Create a Budget in 6 Easy Steps
If you’re always wondering how you’re going to pay the next bill, feel guilty when you indulge in overpriced treats and you just can’t find money to put into savings, you might need a budget.
11 Ways to Save on Back-to-School Shopping
Back-to-school time already? Did you know the average American parent will spend about $700 per child this shopping season? If that’s likely to put a damper on your summer, take a deep breath and relax.
7 Steps to a Mid-Year Financial Checkup
It feels like you just packed away the holiday decorations yesterday, but believe it or not, 2019 is already half over. As we sail into the season of barbecues and beaches, take a few minutes to give yourself a mid-year financial checkup. A small investment of time can spur important changes that can affect your financial wellness for the rest of 2019 or even for years to come.
7 Money Myths You Need to Stop Believing
Most of us grow up hearing the same financial advice: spend less, save more, and invest early. While most of these words of wisdom ring true, there are lots of widespread money management tips that are actually false.
About Community Financial
Checking & Savings
Business
Investments
Loans
Mortgage Services
Credit Cards
Student Services
eServices
Community
Member Services
Community Financial Credit Union
Visit One of Our 14 Convenient Locations