Overcoming the Challenges of Single Parenting

Overcoming the Financial Challenges of Single Parenting

According to the 2020 census, nearly 19 million children in the United States are living in single-parent households. If you’re a single parent, it can feel like the financial challenges that come with raising a child by yourself are too much to handle. My name is Kimberly Gaines and as a Nationally Certified Credit Counselor here at Pelican, I’ve met …

Everything You Should Know About Your 401k

Everything You Need to Know About Your 401(k)

Whether you’re just starting your career or you’re more of a seasoned professional, any time is a good time to start financially planning for your future. As a Credit Counselor here at Pelican State Credit Union, one area I educate our members on frequently is retirement. Retirement may seem far away to some of us, making it seem less urgent …

How to Change Your Money Mindset

Changing Your Money Mindset

When we hear the word relationship, we often think of it in terms of our connection to other people. We’re constantly striving to build healthy and positive relationships with our family, spouses, friends, and coworkers. Many people don’t realize that they have a relationship with money, and sometimes it isn’t a healthy relationship! Financial wellness includes having a healthy relationship …

Holiday Budeting Worksheet by Christmas Tree

How to Create (and Successfully Stick to) a Holiday Budget

The holiday season is a special time of the year where we look forward to enjoying the company of friends and family and annual traditions! It’s also known as a time of giving, which means heading into this season without a spending plan can put stress on your finances! We love to create a magical atmosphere in our homes and …

plan healthcare

Healthcare in the Golden Years: Why You Should Plan Now

Have you thought about how your healthcare costs might change as you age? There are many important financial decisions that will impact your retirement and healthcare planning. Let’s talk about how you can start planning now. Step 1: Plan for Retirement The first thing you should do when planning for healthcare as you age is decide when to stop working. …

benefits youth savings account

The Benefits of Having a Youth Savings Account

As a Nationally Certified Credit Counselor here at Pelican, I believe that children are never too young to learn about finances. Proper money management is one of the most important lessons you can teach children because it sets a solid foundation for their future financial success. The best place to start when teaching your children about finances is by opening …