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Money Matters Blog

Tuesday, May 25, 2021

Thriving in a Multigenerational Workplace

As the years go by, so do workplace certainties. Gone are the days of getting a job right out of high school and working there for 40 years before you’re given a party and a gold watch and sent off to live off your pension and IRA. Whether it’s for financial reasons, or to fulfill a desire to remain productive, workers are remaining employed way past the “traditional” retirement age.

According to Business Insider.com, U.S. census statistics report that as of February 2019, about 20% of Americans over age 65 — a total of 10.6 million people — were either working or looking for work. This information, plus the fact that many Americans are starting work and careers earlier, resulted in today’s multigenerational workplace—and the conflicts that may come with it. From work ethic to biases and technological know-how, the large age range of the workforce can ruffle some feathers—but it can also result in amazing successes.

Friday, May 21, 2021

Lewiston Elementary Volunteers Celebrate Perseverance

Lewiston Student-Run Credit Union
volunteers hard at work!

As another school year nears an end, Community Financial’s Student-Run Credit Union reflects on the progress that students have made. Even during a pandemic, many Student-Run Credit Union members successfully set money goals, saved for their futures, and learned valuable money skills.  Lewiston Elementary, located in Montmorency County in Northern Michigan, showed a lot of perseverance this year in particular. Student members and volunteers at Lewiston were great savers, workers, and goal setters, even while wearing masks and striving to stay healthy!

Tuesday, May 18, 2021

Understanding Financial Power of Attorney

A financial power of attorney (POA) is a legal document that grants a designated agent the authority to act on behalf of the principal agent in financial matters. The designated agent is often referred to as the attorney-in-fact and the principal agent is often referred to as the “principal.”

Here’s all you need to know about financial POA:

Tuesday, May 11, 2021

5 Senior Discounts You May Not Know About

One of the many perks of advancing in years is scoring great deals on all kinds of purchases and expenses. Here are five places you may not already know about where older adults can save big money*:

1. Amazon Prime

Older adults who have valid EBT cards, or are on Medicaid, are eligible for Amazon Prime at just $5.99 a month. Compared to the $12.99 regular cost, that saves you more than half at just $84 annually.

Tuesday, May 4, 2021

Creative Ways to Celebrate Mother's Day

Though families are scheduling their COVID-19 vaccines, quarantined-celebrations are still in full-swing, and Mother’s Day is no exception. While some vaccinated families may opt for a dinner out at Mom’s favorite restaurant, there are plenty of ways to celebrate Mom’s special day inside your bubble.

Check out our list of creative ways to celebrate Mother’s Day to make Mom’s day even more special: