Budgeting & Money Management


featured articles

Knowledge is power.

That's true with any topic, but it's especially the case when it comes to budgeting and money management. At KEMBA, we make it our mission to bring you up to speed on all sorts of money matters.

Explore our articles and expand your knowledge.

Preparing for a Wedding and Beyond

A man holding a tablet smiling with a woman hugging him from behind and looking at the tablet.

The journey to saying "I do" is filled with decisions that can shape the experience and memories that you make on your special day. From choosing the right venue and caterer to selecting the perfect music, flowers, and attire, planning a wedding is a complex task that requires careful consideration and meticulous organization. Planning and paying for your wedding is the first step in your forever after. The next step is how to handle your finances as a couple to manage your family budget and reach your financial goals.

Things to Consider When You're Expecting

Learn healthy financial habits on the KEMBA Financial Credit Union Central Ohio education center.

Welcoming a new one into your family can be exciting, exhausting, and overwhelming at the same time. Learn what you need to consider financially as your prepare for now and in the future.

Creating a Budget using Your Credit Card

A girl smiling while looking at her credit card.

When you think of budgeting, you think checking account – right? Well, did you know that you can stretch your budget by paying for your daily expenses and bills with a credit card? Credit cards can help you manage your expenses, build credit and earn cash back or rewards...


How to Brace for Rising Home Costs: A Guide for Homeowners and Renters

With rising housing costs, property taxes, and high-interest rate debt, it’s no wonder why so many Americans are struggling in today’s market. Knowing how to mitigate the financial impact on your budget can help you navigate rising costs more effectively, whether you rent or own.

Teaching Your Kids Banking Basics

Teaching kids to be responsible with money is a foundation that will last them the rest of their lives. Starting when they are young, you can instill sound financial management skills that will teach the value of money, the benefits of saving, and the importance of being wise with how they spend their money.

4 Financial Resolutions You
Can Accomplish Now

If you want a few financial resolutions that you can achieve early into the new year (because who doesn’t love an easy to-do list??) here are some suggestions.

The Convenience of Online Banking

The digitization of banking, also known as mobile or online banking, has been an ongoing process over the last ten years – and with changes in technology, the best of mobile banking is yet to come. Online and mobile banking puts access to your bank account(s) a few clicks away…

How to Avoid Overdraft Fees

It’s no secret that overdraft fees are a pain to deal with because they cost you your hard-earned money and often show up on your bank statement at the worst times. If you’ve ever been charged an overdraft fee, don’t worry, you’re not alone. Over 39 million adults have reported…

Money Management Tips

Many people think that to be financially successful, one needs to be born into money or get lucky. However, those assumptions are far from the truth! Financially successful people come in all shapes and sizes and from all walks of life. The one thing that they have in common is…

Managing Debt as Interest Rates Rise

Here are five general questions to ask in order to minimize the hit to your wallet in the face of rising interest rates.

Tips for Reducing Consumer Debt

Whether you are living within your means or have overextended yourself financially, a debt reduction plan is one way to put your income to work, pay less interest and see your balances start to shrink.

Knowing When to Refinance Your Mortgage

A mortgage refinance is a great tool to help you grow and preserve the equity in your home. Knowing when to start the process is an important step. Review these scenarios where a mortgage refinance may be the right move.

How Health and Wellness are Affected by Financial Outlook

Stress and anxiety that stems from your finances can affect your health. Keeping your finances in check will give you peace of mind and help you sleep better at night. These tips for improving your financial outlook can help improve your well being as well.

Money Management Tips Every Small Business Owner Should Know

Owning a small business comes with satisfying rewards (being your own boss? Check. Deciding what days you wear real pants? Check.) With the benefits comes the responsibility of money management.
 

Options for Homeowners Behind of Mortgage Payments

Many people experience financial difficulty at some point in their life, which may result in a missed mortgage payment or two. Unfortunately, when homeowners fall on tough times, remaining delinquent on their mortgage payment can result in losing your home, also known as a foreclosure.

Healthy Financial Habits

Unfortunately, many consumers in the United States are not well-educated about money and how to effectively manage it. This has led to high-interest credit card and personal loan debt that’s sweeping the nation. To help our members establish a solid financial foundation, we’ve put together a list of some…

Money Management Tips Every Small Business Owner Should Know

Owning a small business comes with satisfying rewards: being your own boss? Check. Deciding what days you wear real pants? Check. With the benefits comes the responsibility of money management...

The Procrastinator's Guide to Holiday Travel Savings

Holiday travel season is near, and peak prices already tell that story: nearly 75% of Hopper customers say that as they book travel this year, they plan to spend the same or more than what they shelled out last year. If this sounds uncomfortably familiar, don't panic...









Managing Your Finances in Tough Times

The recent outbreak of COVID-19 virus has sent the financial markets, local commerce and life itself into a tailspin. In times like this, the first thing consumers worry about is how they are going to pay their bills. This crisis, like others before, will pass and life will adjust and resume, but there are some…

Getting Financially Fit in 2020

When you think of New Year’s resolutions, you probably think about losing weight or giving up a bad habit like smoking or eating too much sugar, but the beginning of a brand new decade can also be an ideal time to hit the reset button on…



Christmas Club

For many, the holiday season is a time for making memories, sharing joy, seeing friends and family and….STRESS. Holiday-induced stress can ruin the holiday experience, and every year it seems that holiday stress grows. We stress about buying the right gift for people in our lives, juggling calendars and making time for everyone on our…

Holiday Financial Stress

It’s the most wonderful time of the year! December is a month full of food, family, goodwill, and cheer. ‘Tis the season to be jolly, yet the majority of Americans report feeling stressed during this month. The Stress of the Holidays A 2017 America Psychological Association study found that 62% of Americans stress about money…

KEMBA Christmas Club

Be ready for the holidays with a Christmas Club Savings account from KEMBA Try as you might, putting money away for the holidays—money you promise not to spend until the Yuletide season—is a challenge for many people. KEMBA Financial Credit Union has the perfect solution: a Christmas Club Savings account. An easy way to save…









Rebuilding Credit after Bankruptcy

Some believe that bankruptcy is a process that you cannot recover from financially. While bankruptcy can be a daunting process, there are ways to rebuild your credit after filing for bankruptcy. There is hope for those who have gone through this process. Review our tips for rebuilding your credit after a personal bankruptcy.

Debt Management Plans

If you are losing sleep over your financial situation, a debt management plan may be just what you need. A debt management plan is simply a plan that helps you attack your debt with the income you have. A financial counselor can work with you to create the plan and help you stick to it…

Military Families and Veterans Financial Health

Veterans and military personnel bravely protect our freedoms and our nation’s security. When it comes to managing financial well-being and providing security at home, many may need guidance...

5 Holiday Spending Tips

This year, many Americans may find they are dealing with financial setbacks such as a loss of employment, reduced income, or other unanticipated expenses that may make it more difficult to avoid having holiday debt follow them into the new year. Here are five tips designed to give you less stress and more joy this COVID holiday season...


Why Now Is a Great Time for Gen Z To Start Investing

Written by Alicia Otto
Currently, Gen Zers (born between 1997 and 2012) are on the cusp or in the middle of finishing their formal education and entering the workforce...

This Holiday Season, Less is More

While the season is an opportunity to focus on the things that matter most in life, exchanging gifts is a long-standing tradition and a way to share joy with loved ones. Gift-giving is likely to be even more amped up this year, which might bring upon financial strain...

Holiday "Two-Dos"

While the holidays are a festive time with family and friends, a potentially not-so-fun part of the season is the temptation to go overboard on holiday shopping. Whether it’s gifts for everyone on your shopping list, refreshments to create memorable parties and other events, buying trendy decorations or other holiday related purchases, it can be a time of financial stress...












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