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SLFCU teen member Mary Brannon explains why she believes teens should save money, even if they think they're too young.
Congratulations to our 2019 scholarship winners, and thank you to the 24 members who volunteered their time as judges.
Social media scams are on the rise and young individuals are being targeted regularly. Being a victim of any social media scam can impact your life for many years.
Whether you’re starting or returning to college, it’s a good idea to set up a plan so you can feel confident about your responsibilities.
SLFCU teen member Simran Bhardwaj talks about how she turned her baking hobby into a business.
SLFCU’s Savings Laboratory® is an exciting way for kids 12 and younger to learn about saving money.
Mariah explains why saving your money is a wiser choice than spending it, and how SLFCU's Savings Laboratory® Program encouraged her to save.
SLFCU’s Savings Laboratory® Program is an exciting way for kids 12 and younger to learn about saving money.
Members of SLFCU attending college in 2019-2020 are invited to enter our annual essay scholarship competition.
Since payments have turned digital, Rebecca feels the new generation doesn’t know the process of writing or cashing a check.
The New Mexico Credit Union Education Foundation (NMCUEF) is accepting scholarship applications for the 2019–2020 school year.
This summer I made a big decision. With the proceeds from my first job, I decided to open a Roth IRA.
The holidays can be a great opportunity to teach children valuable lessons about money.
If you do these things, being a cardholder will be a lot easier, and you'll be more comfortable handling your own money.
If you’re planning to buy a new vehicle, carefully timing your shopping may help you secure the best deal.
The teenage years are an ideal time to introduce young people to hands-on financial experiences and help them develop smart money habits.
With the SLFCU Savings Laboratory®, teaching your child positive financial habits can be both fun and rewarding.
What to do when school grants, scholarships and government loans don’t cover the costs of attending college.
I will be making a tangible difference in our New Mexico community, and I know that someone’s life is improving.
This past summer my friends and I started a neighborhood yard business. The four of us called it the Bro Business.
Although most teenagers' first instinct with money is to spend it, saving money is ultimately the most beneficial action in the long run.
I'm 14 years old, and while most of my friends slept late over the summer, I decided to get my first job.
Although investing isn’t a necessary skill to master in order to become financially stable or independent, it may provide benefits to someone looking for a smart way to grow their extra cash
Setting aside perfectly good spending money is the basis for a much broader world of opportunities.
The Maki parents make sure their kids have regular opportunities to think about saving and spending money.
Good credit is the key to a solid financial foundation. It can help you secure a loan for school and a car, often at a better rate than someone with a low score would receive.
Since I was a little girl, my parents have drilled in the importance of being smart with money.
As a teen it can be hard to know how to spend and also save at the same time.
Designed to help encourage savings habits and financial responsibility at an early age, the SLFCU Savings Laboratory program offers an engaging way for kids to get excited about saving.
When opening a savings account for a child, it's important to consider what purpose the account will serve.
The way you spend and save money when you are a teenager can help you in your future. Some teens spend money as soon as they get it.
Sierra Robinson is a senior at Eldorado High School in Albuquerque and the first winner of SLFCU’s teen article competition.
When teaching finances to children, it can be difficult to point out the distinction between needs and wants, since many needs are handled by their parents.
Children can be introduced to the concept of money at a young age. Whether it’s spending birthday money on a new toy or helping a parent at the grocery store, there are many opportunities.
If you graduated from college in the spring, grace periods for your federal and private student loans are probably coming to an end. Most student loans have a six-month grace period before entering the repayment stage.
My 10-year-old earns $5 a week for taking care of regular tasks and for helping without complaint, ideally, with chores like yard work and washing the car.
Managing money wisely isn’t just a concern for adults – teenagers with jobs receive paychecks, and many high school graduates receive monetary gifts.
Here are some common approaches that some families take towards allowances.
No more days and nights studying for exams and applying for scholarships. Now it's time for job hunting and paying student loans.