Making Money Personal

Looking after your financial health matters just as much as caring for your physical health. Just as you track health stats to see what needs attention, you should also keep an eye on your money, check your progress, and see what needs improvement. Fortunately, tracking a few key areas can paint a good picture of your overall financial health and illuminate areas that may need improvement.  
Links:
Learn more about Triangle's Financial Planning services
Get a snapshot of your financial health with our free Financial Wellness Assessment
Check out TCU University for financial education tips and resources!
Follow us on Facebook, Instagram and Twitter!
Learn more about Triangle Credit Union
Transcript:
Welcome to Money Tip Tuesday from the Making Money Personal podcast.  
We all learn early on that taking care of our health is essential. We’re told to eat well, exercise, and manage stress. Looking after our bodies helps us stay strong and ready for life’s challenges. The same goes for financial health. It means checking your finances, keeping an eye on your spending, and tracking your progress to build a solid plan for the future. 
The good news is that keeping track of your financial health isn’t hard. With a simple plan, you can review your situation, set goals, and take steps toward stable finances. Begin by looking at these main financial areas to gather the right information and get a clear view of where you stand. 
Savings Strategy & Habits  
In this area, you keep track of your current savings and see how well you’re saving. Checking your savings habits and balances shows how ready you are to handle surprises or a loss of income. 
It’s important to look at how often you save, the total amount you’ve saved in different accounts, and your household income. 
Track your total savings in checking, high-yield savings, and brokerage accounts. Also, note any automatic savings contributions and interest earned on your savings. 
Cash & Liquidity Health  
This shows how steady your cash flow is. The money coming in should cover your needs and help you plan for your wants. Available cash gives you flexibility, and liquid cash is money you haven’t spent yet. 
However, debt can make things harder. Debt affects your ability to access cash. If your payments stay below your income, you’re okay. But if your debt grows too much, it can limit your cash flow and make your finances less flexible. 
In this section, review your cash flow, see if you can pay for your needs and wants, and compare your income to your debts. 
You’ll want to track your income, total debt, debt-to-income ratio, and interest rates you’re paying to measure your cash and liquidity health. 
Investments Health  
This area is about long-term planning. Think about what you want your life to look like after you retire, how much money you’ll need, and whether your savings will support your post-retirement lifestyle. 
Keep in mind that your investment needs will change as you get closer to retirement, so it’s a good idea to review your investments regularly. Financial professionals can help you choose the right mix for your stage of life and guide you in building a portfolio that fits your retirement plans. For more help, visit Triangle’s financial planning services at trianglecu.org or use the link in the show notes. 
Track your current retirement savings, how much you’re contributing, your projected retirement savings and income, and what you expect to spend in retirement. Put all this information into a retirement plan that you can update as your situation changes. 
Protection Health  
Protecting yourself and your finances is an important part of staying healthy overall. This is a way to prevent problems before they happen. Just as health insurance helps with medical costs, life and disability insurance can help if something major affects your finances. 
Long-term planning helps protect your wealth from unexpected problems. It also shields your loved ones and yourself from financial stress if something goes wrong. 
Think about what insurance you have besides your employer’s life insurance. Do you also have an additional life insurance policy, short- or long-term disability, or, for later in life, long-term care insurance? 
Check which insurance policies you have, how much coverage they offer, and if that’s enough to support you financially when needed. Review your premiums, coverage amounts, and look for any gaps in coverage you might need to fill. 
Estate & Legacy Health  
Estate planning is about preparing for what happens after you’re gone. Many people don’t have a plan and leave their families with a lot to sort out. Avoid this by making a clear, organized estate plan. This lets you decide how your assets, like your home and accounts, will be passed down according to your wishes. 
There’s a lot to think about here, so when it comes to estate planning, it’s also important to have a financial professional right by your side to walk you through the ins and outs of putting together a solid financial plan. If you’re looking for help or services in this area our professionals help with this too. Follow the link in the show notes for our financial planning services. 
If you've collected all the information but don’t know whether it means yore in good financial health or not, you can get a personalized report fast  with our quick and easy personal financial assessment. It asks a few questions, gives you a personalized report, and then highlights your areas for improvement. It only takes a few minutes and is a great first step toward understanding and improving your finances. Start today for a clearer view of your financial health. Try it out today! Visit trianglecu.org or follow the link in the show notes to get started. 
If there are any other tips or topics you'd like us to cover, let us know at tcupodcast@trianglecu.org. Also, remember to like and follow our Making Money Personal Facebook and Instagram to share your thoughts. Finally, remember to look for our sponsor, Triangle Credit Union, on Facebook and LinkedIn.          
Thanks for listening to today's Money Tip Tuesday. Check out our other tips and episodes on the Making Money Personal podcast.

Buying a home is one of the biggest financial decisions you'll ever make. If you are not ready to buy yet because mortgage rates feel high, your down payment needs more time, or the right house has not hit the market; the waiting period can still work in your favor. Don’t let the home buying delay get you down. Instead, let it motivate you to work towards a more favorable purchase outcome. 
Links:
Listen to our past episode "What the Heck is Credit and Why is it Important?" to learn more about credit scores and reports
Check out TCU University for financial education tips and resources!
Follow us on Facebook, Instagram and Twitter!
Learn more about Triangle Credit Union
Transcript:
Welcome to Money Tip Tuesday from the Making Money Personal podcast. 
Finding the right house can be challenging. For many buyers, it’s a process that’s hard to predict and in many cases, can take longer than expected. The good news is that the waiting period doesn't have to be wasted time. In fact, a few smart financial moves now can put you in a much stronger position when it's finally time to make that offer. 
If you’re one of the many people waiting to find the right house to call home, here are a few things you can do in the meantime to get your financial situation in tip top shape while waiting. 
1. Build a Bigger Down Payment
One of the most productive things you can do while waiting to buy is continue growing your down payment fund. 
A larger down payment can reduce your monthly mortgage payment, lower the amount you'll need to borrow, and potentially help you avoid private mortgage insurance (PMI). Even adding a few extra thousand dollars to your savings can make a meaningful difference over the life of the loan. 
Consider setting up automatic transfers into a dedicated high-yield savings account, so your home fund continues to grow without requiring constant attention. 
2. Improve Your Credit Score
Your credit score plays a major role in calculating the mortgage rate you'll qualify for. Even a small improvement could save you thousands of dollars over the life of a loan. This waiting period is a great time to beef up that score for a better purchase position. 
While you're waiting, focus on: 
Paying bills on time
Reducing existing credit card balances
Avoiding new debt
Reviewing your credit report for errors 
Think of this period as an opportunity to strengthen your financial profile before mortgage lenders take a closer look.
3. Pay Down Existing Debt
Lenders pay close attention to your debt-to-income (DTI) ratio when evaluating mortgage applications. The lower your monthly debt obligations, the more attractive you may appear as a borrower. Take some time to do the math and figure out what your debt-to-income ratio is. If it’s uncomfortably high, make some changes. 
Reducing debt can improve both your borrowing power and your overall financial flexibility once you become a homeowner. 
For more information about credit scores in general, listen to one of our podcast episodes “What the Heck is Credit and Why is it Important” for an expert explanation on building and maintaining a good credit score. Check the link in the show notes.
4. Build an Emergency Fund
It's easy to focus entirely on saving a down payment, but homeownership comes with unexpected expenses. Water heaters fail, roofs leak, and appliances don't always cooperate. 
Before buying, aim to have an emergency fund that can cover several months of living expenses. Having cash reserves can help prevent a surprise repair from turning into a financial setback. 
5. Research Your Future Neighborhoods
The waiting period can also be a great time to become a more informed buyer. Doing preliminary work and research is always a good idea, because it helps you further solidify where you really want to live. This is important because it’ll decrease the chance of buying a home so abruptly that you didn’t get a chance to consider the location. So, you put in the offer, signed the contract and finally moved in only to realize you hate the neighborhood. These days things move quickly, so having a firm understanding on locations can help you rest easy knowing you're making the right move when you buy. 
Spend time researching things like: 
School districts
Property taxes
Commute times
Local amenities
Future development plans 
Environmental factors – human-caused (like contaminated water or natural like flooding risk) 
While researching, visit neighborhoods at different times of day and on weekends. What looks perfect during a Sunday afternoon visit may feel very different during a weekday rush hour. 
6. Create a Realistic Homeownership Budget
Many buyers focus primarily on the mortgage payment, but that's only part of the equation. Homeownership brings with it many added costs. Take some time, do research and develop a budget that will include not only the mortgage but added payments you can expect to make down the road including: 
Property taxes
Homeowners insurance
Utilities
Maintenance and repairs
HOA fees, if applicable 
A useful exercise is to "practice" the future payment. If your current rent is $1,800 and you expect a future housing payment of $2,500, try setting aside the extra $700 each month. This can help you test your budget while increasing your savings. 
7. Avoid Major Financial Changes
If you expect buying within the next year, it's wise to avoid actions that could complicate a future mortgage application. 
Be wary and try to avoid changes that can disrupt your financials like: 
Taking on large amounts of new debt 
Financing expensive purchases
Frequently opening new credit accounts
Making large unexplained bank deposits 
Consistency and stability often work in your favor during the mortgage approval process.  
Waiting to buy a house can feel frustrating, especially when you're eager to move into a place of your own. But the time before your purchase can be one of the most valuable parts of the homebuying journey. 
By strengthening your savings, improving your credit, reducing debt, and preparing for the realities of homeownership, you'll be positioning yourself for a smoother purchase and a stronger financial future. When the right house finally comes along, you'll be ready to move forward with confidence. 
If there are any other tips or topics you'd like us to cover, let us know at tcupodcast@trianglecu.org. Also, remember to like and follow our Making Money Personal Facebook and Instagram to share your thoughts. Finally, remember to look for our sponsor, Triangle Credit Union, on Facebook and LinkedIn.          
Thanks for listening to today's Money Tip Tuesday. Check out our other tips and episodes on the Making Money Personal podcast. 

We’ve all been there—you open an email and something just doesn’t feel right. Maybe it’s an unexpected attachment, a link asking you to “act fast,” or a message that looks like it came from a coworker but sounds off. 
Knowing how to spot a suspicious email is important. But what really makes the difference is how you respond. A quick, thoughtful reaction can stop a potential issue in its tracks, while the wrong move can accidentally make things worse. 
Links:
Learn more about KnowBe4 fraud awareness and training tools
Check out TCU University for financial education tips and resources!
Follow us on Facebook, Instagram and Twitter!
Learn more about Triangle Credit Union
Transcript:
Welcome to Money Tip Tuesday from the Making Money Personal Podcast. 
This tip comes from an article provided by KnowBe4 security Awareness and Training Solutions.   
First of all, let's look at what you should not do with a suspicious email. You should not respond to it. It’s natural to want to confirm legitimacy, especially if the message appears to come from someone you know. But if the account has been compromised, you’re not talking to your friend or coworker—you’re talking to a scammer. Even a simple reply signals that your email is active and monitored, which can make you a bigger target going forward. Instead, verify through another channel if needed, like a direct phone call or a fresh email you initiate. 
Secondly, don't click any links or attachments. Suspicious emails often include links that redirect to fake login pages to get your credentials or attachments that download malware. Sometimes the signs are subtle. You might click expecting a document, only to get a login request or a strange pop-up instead. If anything behaves unexpectedly, stop immediately. That’s a red flag. 
If you receive a suspicious email, don't forward it to others. When something doesn’t look right, it’s tempting to ask someone else for a second opinion. But forwarding a suspicious email spreads potential risk. If it’s malicious, you’ve just exposed someone else to the same threat and increased the chances that someone clicks. 
Now that we've gone over what not to do, here's what you should do with a suspicious email. You should report it right away. The most important step is also the simplest: report the email using the email service's report option or if you are at work, your organization’s security tools. Once you've reported it, leave it alone. Don't click it, don't reply, and don't download it. 
If you're unsure if the email is malicious, it is best practice to ignore it. If you receive an email at work that you are unsure of, reach out to your organization's IT team. It’s always better to ask than guess. There’s no downside to being cautious. 
Trust your instincts when it comes to spotting suspicious emails. Watch out for common warning signs such as urgent messaging, like language pressuring you to act now. Other warning signs include unusual requests such as asking for login credentials or gift cards and inconsistencies in the email like typos or odd formatting.  
In a fast-paced day, it’s easy to click first and think later. But when it comes to email security, a few seconds of pause can save you a lot of trouble. No need to overanalyze or investigate on your own. Just avoid the common pitfalls, follow the process, and let the experts take it from there. Staying secure is about being aware, cautious, and consistent. 
If there are any other tips or topics you'd like us to cover, let us know at tcupodcast@trianglecu.org. Also, remember to like and follow our Making Money Personal Facebook and Instagram to share your thoughts. Finally, remember to look for our sponsor, Triangle Credit Union, on Facebook and LinkedIn.          
Thanks for listening to today's Money Tip Tuesday. Check out our other tips and episodes on the Making Money Personal podcast. 

The college funding space is always changing which can create new challenges for students and parents as they venture forward with their higher education planning. In this episode, Micha Sabovik, Vice President, Growth & Lending Solutions at Granite Edvance, shares important updates on what's new in the student lending space, upcoming changes to be aware of and strategies students and parents can follow to choose the right funding for their higher education.
Links:
Access free resources, book one-on-one appointments, and find links to helpful tools and guides: https://graniteedvance.org/plan-your-journey/get-our-help/
Explore financial aid resources: https://graniteedvance.org/find-your-direction/resource-library/
Check out Granite Edvance's YouTube Channel: https://www.youtube.com/@GraniteEdvance
Get official FAFSA forms and helpful wizards to determine dependency status and required contributors: https://studentaid.gov/
Check out TCU University for financial education tips and resources: https://triangleuniversity.org/
Learn more about Triangle Credit Union: https://www.trianglecu.org/
Update: The topic of changes to the federal direct loan program related to professional degrees was discussed on this podcast; since the recording, the effective date of these changes has been put on indefinite hold pending the outcome of certain litigation that is referenced in the podcast. Depending on the outcome of that litigation, these program changes may differ from the description on the podcast or could be struck down altogether.
Disclaimer: The views, thoughts, and opinions expressed are the speaker’s own and do not represent the views, thoughts, and opinions of Granite Edvance. The material and information presented here is for general information purposes only and is believed to be materially accurate at the time of this recording; however, information presented is subject to change without notice and should not be construed as a commitment by Granite Edvance. For current information about our products and services, please see our website at graniteedvance.org.

As the United States approaches its 250th birthday, it’s a meaningful time to reflect on independence—and how it shows up in everyday life. Beyond the national celebration, this milestone is also an opportunity to take one practical step toward greater financial confidence, flexibility, and peace of mind. 
Links:
Download our $250 Stars Stripes and Savings Challenge Tracker to start saving now!
Stars, Stripes & Savings - $5 Increment Tracker
Stars, Stripes & Savings - $10 Increment Tracker
Check out TCU University for financial education tips and resources!
Follow us on Facebook, Instagram and Twitter!
Learn more about Triangle Credit Union
Transcript:
Welcome to Money Tip Tuesday from the Making Money Personal podcast. 
Financial independence does not have to mean retiring early or reaching one perfect number. For many people, it starts with having breathing room: savings for the unexpected, less reliance on high-interest debt, and more choices when life changes. This year, celebrate freedom by building habits that help you feel more prepared for the future. 
What Is Financial Independence? 
At its core, financial independence means having enough savings, income, and/or investments to support your needs without relying entirely on your next paycheck. It does not necessarily mean never working again. Instead, it means having more room to make choices that fit your life. 
That goal looks different for everyone. For some, it may mean building an emergency fund or paying down debt. For others, it may mean preparing for a career change, taking time off, or supporting a loved one without added financial strain. No matter your starting point, the goal is the same: more stability, confidence, and peace of mind. 
Why Financial Independence Matters 
Just as our nation’s independence allows us to shape our future, financial independence gives you the ability to shape yours. It does so in a few specific ways. 
It Reflects the Spirit of Freedom 
A strong savings habit can help you become less dependent on circumstances beyond your control. It supports the same values often associated with independence: preparation, resilience, and the ability to move forward with confidence. 
It Reduces Financial Stress 
Unexpected expenses are part of life. Having savings and a plan in place can ease anxiety and help you navigate challenges with more preparation and less stress. 
It Expands Your Opportunities 
When your finances are in a strong position, doors open. You may find yourself able to: 
Explore new career paths 
Start a business 
Spend more time with loved ones 
Invest in experiences that matter most 
It Builds Long-Term Security 
A financial cushion can help protect you from job changes, rising costs, emergency repairs, or medical expenses. Even a modest amount saved can provide stability when the unexpected happens. 
How to Begin Your Journey 
Starting your path to financial independence does not have to feel overwhelming. Consider beginning with a few simple steps: 
Define your goal. Decide what financial independence means for you right now, such as saving for emergencies, reducing debt, or feeling more in control of monthly expenses. 
Build a starter safety net. Set a realistic first savings target and work toward it consistently. Some make this their first $5,000, some $1,000, and for others it may be closer to $500. Whatever you choose, make sure it’s realistic for your personal situation right now. 
Automate your progress. Consider recurring transfers or direct deposit so saving becomes part of your routine. 
Reduce high-interest debt. Paying down costly balances can free up money for future goals. 
Track and celebrate milestones. Small wins help build momentum and keep your goal visible. 
Stars, Stripes & Savings: $250 Independence Challenge 
One simple way to begin is with our Stars, Stripes & Savings $250 Challenge. In honor of America’s 250th birthday, this challenge breaks a $250 savings goal into small manageable steps of just a few dollars each.  There are two challenges to pick from. One is set up for twenty-five, $10 increments, great for adults, while the other is set up for fifty, $5 increments, perfect for kids!  
This year, as the country celebrates 250 years of independence, use the moment to establish your own financial independence day. Start small, stay consistent, and let each step create more confidence in your future. 
Download the Stars, Stripes & Savings Independence Day Challenge tracker and start today. Save your first $5 or $10, mark your first star, and build momentum one step at a time! Feeling gutsy, try doing both to save $500 total. Share the challenge with family and friends, track your progress, and celebrate each milestone along the way. 
If there are any other tips or topics you'd like us to cover, let us know at tcupodcast@trianglecu.org. Also, remember to like and follow our Making Money Personal Facebook and Instagram to share your thoughts. Finally, remember to look for our sponsor, Triangle Credit Union, on Facebook and LinkedIn.          
Thanks for listening to today's Money Tip Tuesday. Check out our other tips and episodes on the Making Money Personal podcast. 

Summer is an exciting time, and for many, the perfect time to get out and do some traveling. While you're enjoying the fun of planning, searching, and packing, remember that identity thieves and scammers are still out there plotting ways to trip you up and gain access to your personal information.
Links:
Learn more about the identity protection benefits with a Better Checking account
Check out TCU University for financial education tips and resources!
Follow us on Facebook, Instagram and Twitter!
Learn more about Triangle Credit Union
Transcript:
Welcome to Money Tip Tuesday from the Making Money Personal podcast.  
Summer travel season is upon us, and it can come with a lot of excitement and a lot of distractions. That’s exactly when people slip up with their personal information without realizing it. A few simple habits can make a big difference in keeping your identity safe while you’re preparing to head out on the road. Don’t let identity thieves ruin your summer plans. Before you pack, post, or travel, review these guidelines to help protect your identity against scammers and identity thieves. 
Be careful what you share online 
It’s easy to overshare without meaning to. Posting your travel plans gives scammers more information than you think. Be mindful of what you share on social media. Sharing details like birthdays, travel plans, or even pet names can give scammers the clues they need to guess passwords or impersonate you. A few extra seconds of caution can help protect your accounts and your identity. Even a photo of a boarding pass can expose details someone can use to get into your accounts. Share the moment, not the specifics. 
Avoid logging into sensitive accounts on public Wi‑Fi 
Airports, hotels, and coffee shops are convenient, but the Wi‑Fi is often wide open. Open networks are convenient, but they’re also easier for criminals to intercept. Anyone on the same network can try to snoop. If you need to check something important (banking, email, anything with personal information), use your phone’s hotspot or wait until you’re on a secure connection. 
Keep your devices locked down 
Travel days can be chaotic. Phones get left on seats, laptops get forgotten at security, and backpacks get unzipped without anyone noticing. A strong passcode, a biometric (face or fingerprint) lock, and “find my device” turned on can save you a lot of stress if something goes missing. 
Watch out for “urgent” messages 
Travelers have been known to get fake vacation deals, fake airline alerts, fake hotel confirmations, and fake texts about “suspicious activity.” If a message pressures you to “act now” or “click immediately,” or threatens that your account will be closed or reservation will be cancelled, pause and take a moment before you take action. Go directly to the official website or app instead of engaging with these “urgent” messages. And remember, Triangle Credit Union will never pressure you with “urgent” messages demanding immediate action. 
Don’t carry every document with you 
When you’re traveling, leave things like your Social Security card, passport (unless you need it), and birth certificate at home. The fewer important documents you have on you, the less you can lose. 
Shred anything with personal details 
Travel planning can often bring a pile of mail filled with offers, pre-approvals, and random “welcome” packets. As you evaluate what to keep and what to discard, remember that anything with your name, address, or financial information should be shredded before you add it to the recycling or trash can. It sounds small, but dumpster diving for personal information is still a thing. 
Use strong, unique passwords 
If you’re new to traveling, you’re probably creating new accounts. Use passwords that are long, unique, and hard to guess; think of a mix of letters, numbers, and symbols rather than personal details like birthdays or names. At the same time, avoid recycling the same password across multiple accounts. Taking a few minutes to strengthen your passwords today can help protect your accounts from fraud tomorrow. 
Check your accounts regularly 
A quick weekly look at your bank accounts, credit card activity, and email security settings can help you catch something early. Many times, identity theft starts with tiny, easy‑to‑miss charges. Reviewing your accounts on a routine basis is one of the strongest defenses against identity theft. Spotting unfamiliar charges or changes early allows you to act quickly and limit potential damage. 
Be mindful with travel documents 
Don’t leave boarding passes, hotel key sleeves, or rental car paperwork lying around. They often contain barcodes or account numbers that can be scanned or photographed. Lost or stolen travel documents can give fraudsters the information they need to open accounts or impersonate you, so a little extra care can go a long way to help protect your identity. 
Summer travel should feel fun, not stressful. A few small habits can help you keep your identity safe while you enjoy the moment. But even when you do everything right, identity theft can still strike. If you suspect you’re a victim, contact us - even if it’s not related to your account at Triangle. Remember that if you have a Better Checking account, it comes with access to a professional, certified Identity Theft Recovery Advocate who can work with you one-on-one to identify and resolve identity theft or fraud and return your identity and your accounts to pre-event status. Visit trianglecu.org today to learn about the protective benefits of a Better Checking or use the link in the show notes.  
If there are any other tips or topics you'd like us to cover, let us know at tcupodcast@trianglecu.org. Also, remember to like and follow our Making Money Personal Facebook and Instagram to share your thoughts. Finally, remember to look for our sponsor, Triangle Credit Union, on Facebook and LinkedIn.          
Thanks for listening to today's Money Tip Tuesday. Check out our other tips and episodes on the Making Money Personal podcast. 

What if saving money didn’t require giving up the things you enjoy—but simply changing how you manage what you already earn? The truth is, small, intentional habits can quietly build significant wealth over time. By putting the right systems in place, you can make saving feel effortless instead of overwhelming. 
Links:
Track your savings goals with Goal Builder
Explore some other saving challenges to make saving fun
Check out TCU University for financial education tips and resources!
Follow us on Facebook, Instagram and Twitter!
Learn more about Triangle Credit Union
Transcript:
Welcome to Money Tip Tuesday from the Making Money Personal podcast.  
Saving money doesn’t have to feel restrictive. With the right strategies you can steadily build financial security without drastically changing your lifestyle. Whether you're just getting started or looking to improve your current habits, these 5 practical approaches can help you save more efficiently and consistently. 
Number 1: Automate savings with direct deposit. 
One of the simplest and most effective ways to save money is to remove the need for decision-making altogether. Automating your savings ensures that a portion of your income is set aside before you have the chance to spend it. 
Many employers allow you to split your direct deposit into multiple accounts. By directing a percentage of each paycheck into a dedicated savings account, you create a "pay yourself first" system. This method builds savings effortlessly and reduces the temptation to spend. 
Even small automated contributions of 5-10% or $25-$50 a paycheck can add up significantly over time, especially when paired with interest-earning accounts.  
Number 2: Set up a savings goal tracker. 
Having a clear savings goal gives your efforts purpose and direction. Whether you're saving for an emergency fund, a vacation, or a large purchase, tracking your progress helps you stay motivated. 
A savings tracker can be as simple as a spreadsheet, mobile app, or visual chart. For more sophisticated tracking try an online banking tool like Triangle’s Goal Builder tool within online and mobile banking. Seeing your progress grow over time reinforces positive financial behavior and keeps you accountable. 
To make tracking more fun, break your larger goals into smaller milestones. For example, instead of focusing on saving $10,000, focus on and celebrate reaching every $1,000 mark. These smaller wins make the process feel achievable and rewarding. 
Number 3: Try a savings challenge. 
Savings challenges are a fun and structured way to build momentum. They turn saving into a game, making it more engaging and less of a chore. 
Popular challenges include: 
The 52-week challenge, where you gradually increase your savings each week or save a certain amount of money each week for a whole year
The no-spend challenge, where you limit discretionary purchases for a set period
The round-up method, where purchases are rounded up and the difference is saved
The 100-envelope challenge, where you save a specified dollar amount in every envelope until they’re all filled 
These challenges not only boost your savings but also increase awareness of your spending habits. Over time, they can help you develop long-term discipline and smarter financial choices. 
For more ideas on additional savings challenges visit triangleuniversity.org or follow the link in the show notes.  
Number 4: Seek out high-yield savings accounts. 
Not all savings accounts are created equal. Traditional accounts often offer minimal interest, while high-yield savings accounts provide significantly better returns. 
By keeping your money in a high-yield account, you allow your savings to grow passively through compound interest. Even modest interest rates can make a noticeable difference over time, especially with consistent contributions. 
When comparing accounts, consider: 
Interest rates (APY)
Fees
Minimum balance requirements to open the account or earn interest
Ease of access 
Choosing the right high-yield savings account ensures your money is working as hard as you do. 
Number 5: Make use of employer benefits like FSAs and HSAs. 
Employer-sponsored benefits such as Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs) can be powerful tools for saving money, particularly on healthcare expenses. 
These accounts allow you to set aside pre-tax income, effectively reducing your taxable income and increasing your take-home value. HSAs, in particular, offer long-term advantages since unused funds can roll over year after year and even be invested. 
By planning for expected medical costs using these accounts, you can avoid dipping into your regular savings and maximize your financial efficiency. 
Saving money effectively isn’t about making drastic sacrifices—it’s about building smart, sustainable habits. By automating your savings, tracking goals, engaging in challenges, maximizing interest, and leveraging available benefits, you can steadily grow your financial security. 
Start small, stay consistent, and remember: every dollar saved is a step closer to your financial goals. 
If there are any other tips or topics you'd like us to cover, let us know at tcupodcast@trianglecu.org. Also, remember to like and follow our Making Money Personal Facebook and Instagram to share your thoughts. Finally, remember to look for our sponsor, Triangle Credit Union, on Facebook and LinkedIn.          
Thanks for listening to today's Money Tip Tuesday. Check out our other tips and episodes on the Making Money Personal podcast. 

Getting into great financial shape is no joke. It takes planning and intention to put together a plan that will work for your own personal journey. This is why it’s important to take time to have a financial planning conversation. If you haven’t taken the time to chat with a financial professional about your future, this tip will highlight a few reasons why now is a great time to do so.  
Links:
Learn more about Triangle's Financial Planning Services 
Learn how you're doing financially with our short Financial Wellness Assessment
Check out TCU University for financial education tips and resources!
Follow us on Facebook, Instagram and Twitter!
Learn more about Triangle Credit Union
Transcript:
Welcome to Money Tip Tuesday from the Making Money Personal podcast.  
 
When most people think about financial planning, a few familiar moments come to mind: that long-since forgotten New Year’s resolution in January, the hectic tax season in early spring, or the rush to make moves before year‑end. But for young adults and young families especially, This month is one of the smartest—and most underappreciated—times to have a financial planning conversation. 
Here’s why this time of year creates a valuable opportunity to review your finances, adjust your goals, and build confidence before life gets busier. 
Tax Season Is Over, and Your Financial Picture Is Clearer 
By this time of year, tax season is finally behind you. That alone makes it an ideal time to step back and look at the big picture without deadlines looming. 
For young professionals and growing families, this is when: 
Your income details are fresh and accurate
You can see how bonuses, job changes, or side income affected your taxes
Any surprises—good or bad—are still top of mind 
Instead of reacting to tax results, a June planning conversation allows you to learn from them. Whether it’s adjusting withholding, rethinking savings strategies, or planning for future life changes, you’re making decisions with real numbers in hand. 
A Natural Mid‑Year Checkpoint (Without the Pressure) 
June sits at a natural pause point in the year. You’re not racing to hit New Year’s goals, and you’re not yet overwhelmed by fall schedules or holiday planning. 
This makes it a perfect moment to ask: 
Are we saving what we intended to save this year?
Has our spending shifted as our lifestyle changed?
Are we still comfortable with our debt and monthly obligations? 
For young families juggling daycare costs, mortgage payments, or student loans—and young adults balancing rent, savings, and career moves—small course corrections made now can prevent bigger problems later. 
Summer Spending Is Here 
Summer often brings higher spending, especially for families. Travel, camps, childcare changes, weddings, home projects, and even higher utility bills can quietly strain cash flow. 
Planning now helps you: 
Set realistic expectations for summer expenses
Decide what’s worth spending on—and what isn’t
Protect savings goals while still enjoying the season 
Instead of relying on credit cards or feeling guilty about spending later, you enter summer with clarity and intention. 
Big Life Changes Often Happen This Time of Year 
For many young adults and families, spring and early summer are full of transitions: 
Graduations and new jobs
Moves or first home purchases
Growing families or childcare changes
Career shifts or entrepreneurship plans 
These milestones are exciting—but they also impact cash flow, benefits, insurance, and long‑term goals. A financial planning conversation in June helps you connect today’s changes to tomorrow’s stability, rather than reacting after the fact. 
Markets and Interest Rates Don’t Pause for Summer 
While it’s tempting to mentally “check out” once warmer weather arrives, financial markets and economic conditions continue moving. 
June is a smart time to: 
Revisit your investment mix and risk comfort level
Review how interest rates affect your savings, student loans, or mortgage
Stay focused on long‑term goals instead of short‑term headlines 
For younger investors especially, planning is less about timing the market and more about building consistent, sustainable habits early. 
It’s Easier to Focus Before Life Gets Busier 
Once summer is in full swing, calendars fill quickly. Vacations, family commitments, and back‑to‑school planning can make financial conversations feel rushed—or get pushed off entirely. 
In June: 
Schedules tend to be more manageable
Conversations are calmer and more thoughtful
There’s time to consider options instead of making snap decisions 
That breathing room leads to better outcomes and less stress. 
Planning Now Creates Momentum, Not Panic 
One of the biggest benefits of scheduling a financial planning conversation in May is what it prevents later: year-end scrambling. 
By taking action now, you: 
Spread decisions out over time
Avoid last-minute pressure in the fall
Give your goals time to compound rather than compress 
For young adults and families still building their financial foundation, this kind of proactive momentum can be transformative. 
The Bottom Line 
Financial planning isn’t just for major milestones or looming deadlines—and it doesn’t have to wait until January or December. This time of year offers a practical, low‑pressure opportunity to pause, reflect, and plan ahead. 
Whether you’re managing your first “real” paycheck, navigating family expenses, or preparing for your next big life move, a conversation now can bring clarity, confidence, and peace of mind for the rest of the year. 
Sometimes, the smartest financial decision isn’t what you do—it’s when you start the conversation. 
Triangle is proud to offer financial planning services as part of our commitment to member success. If you’re interested in sitting down to start the conversation, visit trianglecu.org or follow the link in the show notes to learn more and get in touch with one of our financial planning professionals.  
If you’re not quite ready for the conversation yet, but are just curious about your financial health, take our free financial wellness assessment to get an idea of where you’re at. It’s free, only takes a couple minutes to answer the questions and you’ll get a quick result sent right to your inbox. Give it a shot now at trianglecu.org or follow the link in the show notes.  
If there are any other tips or topics you'd like us to cover, let us know at tcupodcast@trianglecu.org. Also, remember to like and follow our Making Money Personal Facebook and Instagram to share your thoughts. Finally, remember to look for our sponsor, Triangle Credit Union, on Facebook and LinkedIn.          
Thanks for listening to today's Money Tip Tuesday. Check out our other tips and episodes on the Making Money Personal podcast. 

Identity theft criminals highly target some of the most vulnerable individuals in our communities. With a growing increase in identity fraud and other scams today, it’s critical that we do our parts to protect those in our lives most at risk of identity scams and especially elder abuse. 
Links:
Learn more and get helpful resources from the Consumer Financial Protection Bureau (CFPB)
To learn more about how to recognize, help prevent, and respond to elder mistreatment, visit the National Center on Elder Abuse 
Learn more about the identity protection benefits with a Better Checking account
Check out TCU University for financial education tips and resources!
Follow us on Facebook, Instagram and Twitter!
Learn more about Triangle Credit Union
Transcript:
Welcome to Money Tip Tuesday from the Making Money Personal podcast.  
At Triangle, protecting the financial well-being of you and your loved ones is a top priority. June is Elder Abuse Awareness Month, a time to raise awareness of the financial exploitation and other forms of abuse that disproportionately affect older adults. Elder abuse can take many forms. It could be physical, emotional, or financial, and it could be due to neglect or due to exploitation. Often, elder abuse goes unreported due to fear, shame, or isolation. 
Did you know? Financial exploitation is the most common form of elder abuse—and it often goes unnoticed until significant damage is done. Scams, fraud, and even manipulation by trusted individuals can leave lifelong financial and emotional impacts. 
How you can help: 
Learn the warning signs of financial abuse Financial abuse doesn’t always look obvious—and that’s what makes it so dangerous. It can start subtly: a sudden spike in withdrawals or transfers, unfamiliar charges, or changes in spending patterns that just don’t seem to add up. You might notice unpaid bills piling up—even though your loved one has more than enough money to cover them. Other warning signs include new names appearing on accounts, unexpected changes to wills or power of attorney, or unfamiliar individuals accompanying your loved one to financial appointments and speaking on their behalf. 
Trust your instincts—if something feels off, it’s worth taking a closer look. Staying informed about these red flags is one of the most powerful ways to step in early and help protect someone you care about.  
Learn more about common ways older adults may be at risk and get access to helpful resources from the Consumer Financial Protection Bureau (CFPB) at consumerfinance.gov or use the link in the show notes. 
Check in regularly with older family members Consistent, meaningful connection is one of the strongest defenses against financial exploitation. Social isolation can make older adults more vulnerable—not just to scams, but to manipulation by people they trust. That’s why regular check-ins matter so much. 
These don’t have to be formal conversations about money. A simple phone call, a coffee visit, or asking how things are going can open the door for your loved one to share concerns. Over time, these check-ins build trust and create a safe environment where they feel comfortable speaking up if something doesn’t seem right. It’s not just about vigilance—it’s about showing care, maintaining dignity, and helping them feel supported every step of the way. 
Report suspicious financial activity If you notice something unusual—whether it’s account activity that doesn’t make sense or changes in behavior that raise concern—don’t wait. Acting quickly can prevent further loss and protect your loved one from deeper harm. 
Start by contacting your financial institution to flag the activity—they can often help monitor accounts, stop transactions, or add safeguards. You can also reach out to your local Adult Protective Services, who are trained to investigate and intervene in cases of suspected abuse. 
Speaking up might feel uncomfortable, but it can make a critical difference. Reporting concerns is not about causing trouble—it’s about protecting someone’s well-being and ensuring they have the support they need. 
Together, we can help protect the financial independence and dignity of older adults in our community. To learn more about how to recognize, help prevent, and respond to elder mistreatment, visit the National Center on Elder Abuse at elderjustice.usc.edu or check the link in the show notes. 
Need help or have concerns?
Our staff is trained to recognize signs of financial abuse. Call us at (800) 276-2470 or visit your nearest branch for confidential support. If you suspect an older adult in your life has fallen victim to a scam or identity theft, contact us. If you’re a member with a Better Checking account, you have access to identity theft recovery services for up to three generations of your family, including your parents if they live with you. Check out our website, trianglecu.org for more information about the amazing benefits you and eligible family members can get with a Better Checking account. 
If there are any other tips or topics you'd like us to cover, let us know at tcupodcast@trianglecu.org. Also, remember to like and follow our Making Money Personal Facebook and Instagram to share your thoughts. Finally, remember to look for our sponsor, Triangle Credit Union, on Facebook and LinkedIn.          
Thanks for listening to today's Money Tip Tuesday. Check out our other tips and episodes on the Making Money Personal podcast. 

With fuel prices constantly rising, many people are looking for ways to save money on gas. Fortunately, there are practical ways to cut down on gas costs without buying a new car or drastically changing your lifestyle. Let’s break down some smart, realistic strategies that actually work. 
Links:
Check out TCU University for financial education tips and resources!
Follow us on Facebook, Instagram and Twitter!
Learn more about Triangle Credit Union
Transcript:
Welcome to Money Tip Tuesday from the Making Money Personal podcast. 
Let’s start with driving habits, because this is where many people lose money without realizing it. Things like speeding, rapid acceleration, and hard braking can lower your gas mileage by as much as 10 to 40%, especially in stop-and-go traffic. Driving smoothly and staying close to the speed limit can make a noticeable difference. It’s estimated that every 5 mph over 50 mph is like paying an extra 28 cents per gallon. 
Next, don’t skip basic vehicle maintenance. This one isn’t flashy, but it matters. Keeping your car in good shape helps it run more efficiently and burn less fuel. For example, underinflated tires increase rolling resistance and force your engine to work harder. Proper tire pressure alone can improve gas mileage by up to 3%. Using the manufacturer-recommended motor oil and replacing dirty air filters can also improve fuel efficiency by 1–10%, depending on the vehicle. Small fixes really do add up. 
Another way to save on gas is to plan out trips and combine errands. Fuel waste often happens before you even start the car. Making multiple short trips—especially with a cold engine—uses more gas than one longer, combined trip. Try planning routes ahead of time and combining errands whenever possible. Using navigation apps to avoid traffic and construction can also save fuel by reducing idle time and stop-and-go driving. Less time on the road means less money spent at the pump. 
One of the easiest ways to save money on gas is simply not overpaying for it. Apps like GasBuddy, Waze, and Upside let drivers compare real-time gas prices in their area. GasBuddy alone reports helping users save billions collectively by showing the cheapest stations nearby and offering per-gallon discounts through its Pay with GasBuddy program. Many drivers save anywhere from 10 to 30 cents per gallon, which adds up quickly over a year. 
Here’s one people overlook: extra weight and drag cost you money. Carrying unnecessary items in your trunk or using a roof rack when you don’t need it makes your engine work harder. It’s estimated that fuel economy drops about 1% for every 100 pounds of extra weight. Removing roof racks when not in use can also improve highway mileage by reducing aerodynamic drag. 
Saving money on gas doesn’t require extreme changes—it’s about stacking small, smart habits. Drive smoothly, keep your car maintained, plan your trips, and take advantage of fuel-saving apps and tools. Over time, those few cents per gallon can turn into hundreds of dollars back in your pocket every year. And that’s money better spent on literally anything else than your gas tank. 
If there are any other tips or topics you'd like us to cover, let us know at tcupodcast@trianglecu.org. Also, remember to like and follow our Making Money Personal Facebook and Instagram to share your thoughts. Finally, remember to look for our sponsor, Triangle Credit Union, on Facebook and LinkedIn.          
Thanks for listening to today's Money Tip Tuesday. Check out our other tips and episodes on the Making Money Personal podcast.