Start Paying Off Outstanding Credit Card Balances

It’s time to start making changes to live a healthier lifestyle. While many focus on diet and exercise, it’s important to also consider decisions that pertain to the health of your personal finances. Reducing outstanding credit card balances is a starting point for getting your finances in tip-top shape. What is an outstanding balance? It …

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The Pros and Cons of a Store Credit Card

Store credit cards might get a bad rap, since some people who get them aren’t the best at money management. But if you take the time to think carefully and avoid making the impulse decision at the counter, opening a store credit card could work out in your favor. PROS? The initial discount you get …

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4 Ways to Spring Clean Your Finances

It’s always a good time to evaluate your financial situation, but the mood may strike as you’re cleaning out closets and packing away winter boots and coats for warmer weather. Sitting down and going over your spending, saving, and investment habits might not sound like the ideal activity when you’re itching to go outside, but …

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3 Ways a Credit Card Can Help You

by Janelle Witting Credit cards get a bad rap – mostly because some people don’t use them responsibly. The reality is that when used correctly, credit cards can be a valuable asset and a great tool for building a solid credit history. Boost your credit score. If you have poor or limited credit history (say, …

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3 Credit Mistakes Made at Any Age

Keeping Your Balance is a blog brought to you by Michigan First Credit Union and The Oakland Press. At Michigan First, we’re all about making sure you’re being smart with your money. That’s why we offer a biannual Credit Seminar, where our CEO Michael Poulos gives a crash course on building and maintaining good credit. …

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