Comparison

Singing the Comparison Blues is the Theft of Joy (and Your Savings)

Do you use others for the barometer of what you should have or deserve to have? Constant exposure to your friends’ vacations, experiences, dining out, luxury purchases, new cars, and house upgrades on social media amplifies “FOMO (fear of missing out)” and the desire to “keep up with the Jones’s.” Overtime, the idea of what’s… Read more »

I'm a Credit Union Saver

I’m a Credit Union Saver — Youth Activity & Coloring Book

Download I’m a Credit Union Saver, a fun activity book filled with coloring pages, puzzles, and more!  I’m a Credit Union Saver is an introduction to credit unions and saving money. Check out more fun online tools to teach kids about money. 

Indicators

High-Frequency Indicators: Where to Look for Signs of Recovery

ASK A FINANCIAL PLANNER Since the pandemic began, disruptions in business activity have varied greatly from region to region, and often from one week to the next, according to the severity of local COVID-19 outbreaks. Unfortunately, many of the official government statistics used to gauge the health of the U.S. economy are backward looking and… Read more »

Financial Literacy for Kids

Financial Literacy for Kids

Practical money management skills learned at an early age can have a lasting impact on the rest of your child’s life. In fact, this is one of the most important areas where you can truly change the course of their life. Educating your children about financial wellness will help them build healthy spending habits for… Read more »

Home refinance

Frequently Asked Questions About Mortgage Refinancing

Refinancing your mortgage might seem daunting, but a refi can lower your monthly payment or save you money with a better interest rate. We’re answering the most frequently asked questions about refinancing below, but if you’re ready to move forward or would like to explore your options, contact a SESLOC Mortgage Loan Officer for a… Read more »

Go Green

5 Tips to Go Green & Save Money

Going green doesn’t have to break the bank. In fact, there are small things you can do every day to promote environmental sustainability and save money at the same time. Check out these 5 tips for going green: 1. Cut Down on Food Waste It’s estimated that the average American household of four throws away $1,500… Read more »

GreenPath Virtual Coach

NEW: GreenPath Virtual Financial Coach

SESLOC is partnering with GreenPath Financial Wellness to offer a Virtual Financial Coach — a convenient new way for credit union members to achieve their financial goals. The Virtual Financial Coach is an easy-to-use, friendly, chat-based support platform. Members may get personalized action plans and ongoing support to set and achieve their financial goals. They may… Read more »

Fund college education

Should I Use My 401(k) to Fund My Child’s College Education?

ASK A FINANCIAL PLANNER You can, but it isn’t your best option. Your 401(k) plan should be dedicated primarily to your retirement. There are two primary drawbacks to using your 401(k) for college funding. First, if you withdraw funds from your 401(k) before you are 59½, you will owe a 10% premature distribution penalty on… Read more »

2020 Holiday Shopping Insights

Local Insights: 2020 Holiday Shopping

In January, we sent out our first ever Member Pulse Survey where we asked our valued SESLOC members about their shopping trends and habits over the recent holiday season. 885 responded, revealing five key takeaways into local spending. Read up to see how you can take action to tackle holiday debt or prepare for the… Read more »

Go Green This Spring

10 Ways to Go Green This Spring

On the Central Coast, “going green” means a lot of things — doing your part for the environment, supporting Cal Poly, hitting the green, saving your green (money), and eating your greens to maintain a healthy lifestyle. Whichever you prefer, here are a few ways to go green this spring: 1. Are You HomeFREE? SESLOC’s… Read more »