There are two methods of digging out of debt, the snowball and avalanche. Both are similar in that they have you focus on a particular account while paying the minimum on all others. And when you’ve paid off one account, you redirect whatever money you allocated for it to the next one.
But when you do the math and learn more about each method, the avalanche option usually will get you out of debt faster. But here’s the catch.
The internet has become a massive marketplace, offering everything from the latest gadgets to handcrafted furniture. While the convenience is undeniable, it's crucial to be aware of online scams. Here are a few warning signs to help you navigate the digital world and spot the gems of good deals from the pitfalls of luring scams.
Managing finances as a couple can be complex, but with the right strategies, you can achieve financial harmony and success. Read on to find out more about these strategies and how they can work for you.
Scammers are constantly looking for new ways to trick you, and as technology becomes more sophisticated, so do scams. One of these scams relies on AI voice cloning technology. Here's how it works.
Piedmont Advantage Credit Union promotes Candice Champe to the Vice President of Innovation. In this newly-created position, Candice becomes an integral part of PACU’s senior leadership team to further PACU’s strategic efforts to advance its unique blend of personalized service with self-service digital offerings.
In today's economic climate, many of us are feeling the pinch at the grocery store and gas pump. With inflation affecting various aspects of life, finding ways to save money has become more crucial than ever. Here are eight practical steps that you can use to help accumulate savings.
The PACU Foundation’s Second Annual Flying Colors Charity Fun Run achieved noteworthy success recently, raising $11,167. Megan Brooks, the event organizer, said, "The spirit of generosity and fun was unmistakable throughout the day. We are incredibly grateful for the commitment shown by everyone involved and look forward to continuing this momentum into next year.” Photo by: Aven Angel Photography
President & CEO Dion Williams introduced more than 40 middle schoolers at the Jim Shaw ACE Academy to one of his favorite topics, “Pay Yourself First.” Highlights from his remarks are as follows.
Managing your money may sound boring, but trust me, it's a skill that will pay off in the future. One of the best strategies to get you started on the right path is the concept of “Pay Yourself First.”
Parents and Teens! We have cool concept that’s super important for your financial future: Net Worth. Don’t worry, we’ll keep it fun and easy to understand. Let’s get started!
Imagine you have a giant piggy bank. Everything you own, from your bike to the money in your savings account, goes into that piggy bank. Net worth is a fancy way of saying how much you own after you pay off money you owe. It’s the ultimate scorecard for your finances!
The last few years have been financially challenging for many, including our neighbors and ourselves. We’ve navigated the fallout of a pandemic with soaring inflation, rising interest rates and now the resumption of student loan payments, all of which have put a strain on our household finances.
Headquartered in Winston-Salem, North Carolina, and founded in 1949 within the aviation industry, Piedmont Advantage Credit Union (PACU) serves member-owners, who reside, work, worship, attend school or operate a business in one of the six counties it serves in North Carolina or who are employed by one of its many employer companies. These six counties are Davie, Forsyth, Guilford, Iredell, Mecklenburg and Rockingham.
