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Money Matters Blog

Tuesday, January 28, 2020

Making Your Own Luck

We all can point to that one person in our lives for whom everything seems to come easily. He or she has a good income, great house, beautiful children and the checkout line they choose always moves the quickest. You probably really wonder about that person. Why are they so lucky? Why not me?

Well, why not you? Research has confirmed that we have more power over our own luck than we think.  We can make ourselves into the type of successful, powerful, happy people that everyone else will wonder about with these three easy tips:

Tuesday, January 21, 2020

All You Need to Know About Home Loans

If you’re in the market for a new home, you’ll likely need to take out a home loan or mortgage. Let’s take a closer look at this product and its application process.

What is a home loan?

A home loan enables you to buy a home without having to pull all the cash directly from your pocket at the time of purchase. You’ll need to make a down payment, which is typically between 3.5-20% of the home’s value, along with closing costs and some other fees. The home loan will finance the rest. You’ll then repay the loan, along with interest, generally over the course of 15 to 30 years.

Friday, January 17, 2020

School Spotlight: Wildwood Elementary Students are SMART!

Wildwood Elementary Student-Run
Credit Union fall volunteers.
Community Financial’s Westland branch opened to our members in 2018.  Since then, our school partnerships within the Wayne-Westland School District have started to develop.

Wildwood Elementary joined in partnership with Community Financial last year.  Here are some pictures of Wildwood’s Student-Run Credit Union.



Tuesday, January 14, 2020

January is National Blood Donor Month, 3 Reasons to Donate Today


With the holidays behind us and thoughts of gratitude and kindness fresh on the brain, let’s talk about donation! Specifically blood donation because January is National Blood Donor Month.

Why should you donate? Take a look at these blood supply statistics from the American Red Cross and the Community Blood Center:

Tuesday, January 7, 2020

Don’t Get Scammed at the Gym

If you’re looking to make good on your New Year’s resolution by joining a gym, make sure to keep your eyes out for these five subtle gym scams.


The Free Trial
Free gym trials can end up costing you a pretty penny. The Better Business Bureau (BBB) warns against sharing your credit card information with a gym that’s offering a free trial, since many will start automatically charging you a monthly fee unless you remember to cancel your “membership” within a certain time-frame.

The Fix: Read the fine print on free trial offers. If possible, only take advantage of a free trial offered without asking for any financial information.