Tag: Financial Wellness

Take control of your financial health.

Debt

Get Smart About Debt: 7 Tips to Help You Get Out of Debt NOW

If you are dealing with debt, you aren’t alone. The average American household has an average balance of about $6,600 in credit card debt, and that’s not taking into account home, auto, and student loans. Paying off your debt isn’t always easy, but having a plan can go a long way in achieving your financial goals. Check… Read more »

Financial Facts

3 Tried & True Facts About Personal Finances

No matter your age or stage in life, it pays to know the facts about personal finances. When you understand the basics, you can set yourself up for success and build a healthy financial future. Here are three facts to know about personal finance to get on the right track. Fact #1: Good Financial Habits… Read more »

Save to win

SESLOC Awards $2,500 Grand Prize to Central Coast Resident

In our recent Save to Win prize drawing, a member from our Santa Maria branch was the big winner of a $2,500 cash prize! Save to Win is a prize-linked savings account that offers the chance to win cash as increased deposits are made to the account. The program typically awards prizes from $25-500, however,… Read more »

Revenge Spend

5 Ways to Revenge Spend Wisely

There’s a new spending trend in town, and many are calling it “revenge spend.” As the COVID-19 vaccine gains momentum and restrictions ease, people are opening their wallets to make up for lost time during the lockdown. Many people are going big, bolstered by their stimulus checks. But be careful not to go too overboard…. Read more »

Lifestyle Creep

Beware of Lifestyle Creep

Lifestyle creep, or lifestyle inflation, happens to the best of us. As your standard of living improves, your non-essential discretionary purchases gradually increase. You might even start to think your “wants” are “needs.” Some creep is natural and to be expected, but excessive creep can derail your finances. In extreme cases, lifestyle creep forces you… 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 »

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 »

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 »

Save Money

Saving Money Isn’t a Luxury — It’s a Necessity

Saving money can often be a challenge—especially during times of financial uncertainty. As humans, we’re wired to take care of our needs now, and worry about later… well, later. However, saving money is a critical component of financial wellness.  Here, we break down why saving (even a small amount) can make all the difference: Saving… Read more »