SeaComm Federal Credit Union OFFICIAL BLOG


Smart Uses For Your Tax Refund

It’s tax refund season! How are you going to be spending the pile of cash Uncle Sam’s giving back?

Of course, you can use some of your tax refund to indulge responsibly. If you’ve been wanting to buy yourself a new something special for a while, or to spend on an experience you generally cannot afford, by all means, allow yourself to use some of your tax refund for your chosen treat. Indulging occasionally and mindfully can prevent feelings of deprivation and can actually help you manage your money better.

However, before you go out and blow your full refund on a sinfully expensive weekend, take a step back and try to determine the most financially responsible approach you can take with this money. Instead of spending all the funds on short-term indulgences, consider using some of them to improve your overall financial wellness. To help you get started, we’ve compiled this list of eight financially responsible ways to use your tax refund this year.

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Scam Alert: Utility Company Calls

Have you received a call claiming to be from a local utility company such as National Grid, Spectrum, or Liberty Utilities? Before you provide them with any information, be aware that the call might be a scam.

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How to Brace for Rising Home Costs: A Guide for Homeowners and Renters

Have you noticed your insurance bills skyrocketing lately? If so, you’re in good company. According to Policygenius, the average home insurance premium increased by 21% between May 2022 and May 2023. Combine this with rising housing costs, property taxes, and high interest rate debt, and it’s no wonder why so many Americans are struggling in today’s market.

Knowing how to mitigate the financial impact on your budget can help you navigate rising costs more effectively, whether you rent or own.

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Jingle Bills: How to Avoid a Holiday Debt Hangover

The holidays are here, bringing that familiar urge to spend a little extra on the people we love. It’s a good feeling…until the bills arrive. If you’ve ever found yourself dreading your January credit card statements, you’re not alone. With thoughtful planning, you can keep your holiday joy intact without taking on holiday debt. 

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Three Ways to Lower Your Cell Phone Bill

With the advances in technology and changes in the way we access information, cell phones have become a near necessity. If your cell phone bill is too high and you’re not sure what to do, follow these tips to lower those monthly payments.

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Four Ways to Lower Homeowners Insurance Rate

If one of your financial goals is to own a home, you need to include insurance in your calculations. Having homeowners insurance is required if you’re getting a mortgage, and it might look expensive. However, you can use these tips to potentially lower your insurance rate.

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Tips for a Good Credit Score

One of the most important factors for your financial goals is your credit score. It will determine things like interest rates, monthly payments, and whether you’re even qualified for a loan. Follow these tips for a good credit score.

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Three Ways to Get Rid of Old Electronics

New models for phones, computers, and other gadgets are released all the time. If you’re looking to upgrade but aren’t sure what to do with your old device, here are a few ways to responsibly dispose of it and make, or save some money.

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Five Items to Never Put in a Dishwasher

Dishwashers are a great timesaver and also use less water, saving on your monthly water bill. However, if you put these items in the dishwasher and have to replace them, that’s money you didn’t have to spend. Avoid unnecessary spending by never putting these things in your dishwasher.

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Three Fall Financial Moves

The New Year is right around the corner, but there is still time to check your finances before 2023 turns to 2024. Here are a few things you should be looking at.

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