Episodes
Tuesday Nov 07, 2023
One Simple Way to Save Money on Purchases - Money Tip Tuesday
Tuesday Nov 07, 2023
Tuesday Nov 07, 2023
There are so many tips and tricks out there to save money and maximize purchase power. When inflation is on the rise and we feel like we’re spending more for less, it’s best to explore new ways to save ourselves some money on items we’re planning to purchase already. Luckily, there’s one thing everyone should do to save on purchases.
Links:
Learn more about how to get started with Purchase Rewards
Check out TCU University for more 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.
These days more and more people may be cutting back on extra purchases to save money.
If you’re one of them, you’re likely trying to find ways to stretch your dollar.
You may have cut back on frivolous purchases, started making more meals at home, traveling less and shopping the sales or clearance aisles.
But if you’re still feeling the pinch, there’s a money saving method you may have not considered using.
I’m talking about Purchase Reward programs. Purchase rewards programs help you maximize your purchase power by saving you money on anything you buy.
Who wouldn’t want to get a portion of their money back on their purchase? It’s almost like buying stuff on sale.
It doesn’t matter who you are, what you do, or how much money you make; everyone should be using purchase rewards programs.
You may already be thinking, but I’m already getting cash back and with my credit card. That’s a great way to earn on purchases, but most credit card programs just bank points for you to use down the line, while others allow you to use points for cash back or statement credits, but that’s after you’ve purchased your item and redeeming points is dependent on you.
Purchase rewards programs are a little bit different.
These give you cash back automatically on your purchase. Instead of earning points that get banked for later use, which can be forgotten, rewards programs automatically return a portion of your purchase price back to you.
If you’re interested in this easy and automatic money-saving opportunity, don’t look to your credit card or a special promo program, look to your debit card.
Some financial institutions offer Purchase Rewards through your debit card so you can earn money back on purchases made from certain online merchants.
For example, Triangle’s debit card offers a purchase rewards program that provides all kinds of discounts with some going up to 10% back on purchases from certain vendors.
This is phenomenal benefit for anyone working a budget because not only do you save money, the other benefit is that you’re using your debit card, so you’re not racking up a credit card balance that could charge you expensive interest.
If you have a Triangle debit card, it’s easy to set up right through your online or mobile banking,
Just log in, register and within minutes you can explore and activate rewards from vendors within the program.
There are hundreds of offers with vendors spanning categories from clothing, automotive, wine, hotels, food, electronics, restaurants and more.
Once you activate the offer, use your debit card with that vendor and get cash back to save yourself some moolah.
Now's the perfect time; the holidays are ramping up so check out purchase rewards and have fun exploring vendors for your holiday gift planning or maybe even a little something special for yourself.
If there are any other tips or topics, you’d like us to cover, let us know at tcupodcast@trianglecu.org. Like and follow our Making Money Personal FB and IG page and look for our sponsor, Triangle Credit Union on social media to share your thoughts.
Thanks for listening to today’s Money Tip Tuesday and be sure to check out our other tips and episodes on the Making Money Personal podcast.
Have a great day!
Tuesday Oct 31, 2023
Frightening Financial Stats to Avoid - Money Tip Tuesday
Tuesday Oct 31, 2023
Tuesday Oct 31, 2023
It’s Halloween time. The time when many people chat about ghost stories, urban legends and share other spooky tales.
In this tip, we’ll share a few spooky stats of our own--only these are financial.
Links:
Check out more frightening financial stats from Forbes.
Open a savings account to start building your emergency fund
Learn more about Triangle's wealth management solutions
Check out our Financial Freedom: Your Path to Debt Free Living webinar
Check out TCU University for more 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.
With a little Internet searching you can find all kinds of stats on the financial situations current Americans find themselves in.
Some of these stats are positive, while others are a little more negative, even frightening for some.
Being in good financial shape is paramount to living a life where you don’t have to be haunted by debt or frightened by unexpected expenses.
In this tip we’ll share a few frightening financial facts out there that many Americans are facing right now but will share some suggested solutions because the good news is that with the right planning, these can be avoided.
Frightening fact #1 – 56% of Americans can’t afford a $1000 expense.
If you’re in this situation, things can get scary if an expense pops up that you’re not expecting. It could be a spontaneous car issue, a broken phone, a sudden medical bill, or immediate home repair.
This can be frightening because the panic and distress of an unexpected situation can be compounded by the stress of not having the money to cover the cost.
Don’t let one of these almost inevitable situations derail your financially. You can avoid this freaky financial situation by making sure you set up an emergency fund.
It doesn’t have to be a lot initially. You just need to set up a buffer so in case something unexpected happens, you can cover a portion or all of it without freaking out.
Try to save $500 or even $1,000 to begin. Having that money available for emergencies will make a world of a difference in how you’ll face your next emergency - with either peace or panic.
Frightening Fact #2 – Roughly 37% of Americans haven’t done any retirement planning.
The reason this can be frightening is because to maximize your retirement savings you need to have a plan, and the earlier you plan, the more you’ll have. If you don’t have a plan at all you run the risk of missing critical years to build up retirement savings and may not have enough to retire by the time you reach that age.
Planning for retirement is a critical action to take if you dream of not having to work one day but it can be confusing or intimidating on how to start.
This is where working with a financial advisor or planner can be critical.
They will help you determine how much you will need in retirement, how much you will need to save now to reach that goal and can help you adjust your plan as you age or life changes.
If you’re ready to get started, Triangle has wealth management services to help you no matter what your age or how much money you have.
Frightening Fact #3 – Average household credit card debt is up from last year.
According to a 2023 WalletHub survey, the average US household has roughly $10,170 in credit card debt. This is up from $8,942 last year.
This can be frightening because stress and anxiety increase due to the financial pressure of growing debt. Purchase power goes down and opportunities to build wealth decrease severely impacting your ability to move your finances in a positive direction.
If you’re in this situation, you’re not alone. Others are likely going through the same things as you. There are many reasons why household debt is increasing, much of which could be due to rising prices and inflation.
But your finances are still your responsibility and if you’re ready to make a change, try some of these suggestions to stop adding to that debt and start paying it down.
Make a budget to avoid overspending
Look for a good debt consolidation plans to organize your debt and lower your interest rate
Watch webinars and get education on how to work a debt-payoff plan using the snowball method
Use a debit card and/or cash for a while to give those credit cards a break, or stop using them altogether
It is possible for people to successfully get out of debt. Just keep in mind that it won’t happen immediately and takes effort, but the peace of mind that comes from success is worth it.
This autumn season don’t let your finances be another thing scaring you.
The best way to avoid becoming one of these frightening statistics is to take control of how you manage your money now and make solid plans for your financial future.
We offer many tools at trianglecu.org and triangle university where you can get education and valuable resources to get started right away.
If there are any other tips or topics, you’d like us to cover, let us know at tcupodcast@trianglecu.org. Like and follow our Making Money Personal FB and IG page and look for our sponsor, Triangle Credit Union on social media to share your thoughts.
Thanks for listening to today’s Money Tip Tuesday and check out our other tips and episodes on the Making Money Personal podcast.
Have a great day!
Tuesday Oct 24, 2023
Should You Use Telehealth or Not? That’s a Great Question! - Money Tip Tuesday
Tuesday Oct 24, 2023
Tuesday Oct 24, 2023
Let’s face it: most of us are looking at ways to cut costs or find value to make our dollars stretch further these days, but we don’t want to sacrifice our health care. In this tip we examine a new way to reduce healthcare costs.
Links:
Learn more about KnowBe4 awareness and services
Check out TCU University for more financial education tips and resources!
Follow us on Facebook, Instagram and Twitter!
Learn more about Triangle Credit Union
Transcript:
This is Money Tip Tuesday from the Making Money Personal Podcast.
By now, you’ve probably heard about Telehealth. If you haven’t, do a quick Google search and you’ll find that Telehealth is sometimes called telemedicine; it’s a service that lets your health care provider care for you without an in-person office visit. Telehealth is done primarily online with internet access on your computer, tablet, or smartphone—it’s basically a virtual office visit.
As a consumer and a parent of two young adults in college, we have used Telehealth in the past and it’s worked out great. We simply called the Telehealth number on the back of our healthcare card. When we called this number, we did not speak with our primary care physician. We speak with a care provider, which can be a doctor, physician’s assistant, nurse practitioner, or nurse). We basically explained our issue or symptoms, and a brief history of any ongoing medical problems.
After the discussion, there were some recommendations. Now, for serious medical issues, if you call a Telehealth provider, you most likely be directed to the Emergency Room or local urgent care for additional evaluation and care. It has been our experience, as a family, that most medical care requires an antibiotic, which the care provider can prescribe and call in for you at your local pharmacy.
For our family, we have enjoyed telehealth services and the positive experiences have been: (1) we have never had to wait online to speak with a care provider, (2) we don’t incur the costs of a co-pay or office visit, and (3) we have received the care we need.
This is a fantastic scenario for our one-off medical problems, but for ongoing or major medical care, we see our regular care provider.
In the instance your regular care provider does use Telehealth services, there are some guidelines for safeguarding your personal information from cybercriminals.
According to online security experts at Knowbe4Alert, you will want to:
Keep Your Device Up to Date
Whether you connect to telehealth using a smartphone or a computer, make sure the device is up to date with the latest security patches. This includes updating all applications, not just the ones used for telehealth purposes. Each app is a potential point of entry for cybercriminals. If the bad guys gain access to your device in any way, then your sensitive medical information will be at risk.
Use an Advanced Login
Telehealth services typically require users to create a username and password. If the service offers Multi-factor Authentication (MFA), use it! MFA requires you to enter your password and then enter another form of verification, such as a code sent via text message. If MFA isn’t offered, we recommend using a password manager to generate and securely store complex passwords.
Connect with a Secure Network
Never use a public Wi-Fi connection for telehealth services. You never know who could be watching and tracking your activity. When connecting from home, be sure to set up a strong password for your router. Default router passwords are often public knowledge or easy to guess. For the most secure network, connect to a virtual private network (VPN), which encrypts web traffic to protect your information.
Be diligent about your online activities as well as your health!
If you have any questions or comments, or ideas for more money tips, email us at TCUpodcast@TriangleCu.org. For more great content, subscribe to the Making Money Personal podcast wherever listen to podcasts, and follow us on Facebook.
Thank you to our sponsor, Triangle Credit Union, voted the best credit union in NH and thank you for tuning in!
Have a great day!
Thursday Oct 19, 2023
Thursday Oct 19, 2023
As a small business owner, it's important to align yourself with organizations who support you and your growth.
If you're ready to take your business to the next level, you'll want to listen in. We chat with Tracy Gillick, Outreach Specialist for Goldman Sachs 10,000 Small Business New Hampshire program and Dina Akel, CEO and Owner of Vieira Luxe, on how this no-cost education program can help business owners expand and grow their business.
Links:
Learn more about the Goldman Sachs 10,000 Small Businesses (10KSB) program
Contact Tracy Gillick, Outreach Specialist for Goldman Sachs 10KSB
Email tgillick@ccsnh.edu
Call: 603-206-8189
Contact Dina Akel, Owner and CEO of Vieira Luxe
Explore online: vieiraluxe.com
Call: 781-923-0656
Visit the shop: 100 Main Street, Suite #4, Nashua, NH 03060
Own your own business? Learn all about Triangle Credit Union's business services
Check out TCU University for more financial education tips and resources!
Follow us on Facebook, Instagram and Twitter!
Learn more about Triangle Credit Union
View episode transcript.
Tuesday Oct 17, 2023
Do People Still Use Paper Checks? - Money Tip Tuesday
Tuesday Oct 17, 2023
Tuesday Oct 17, 2023
For many people today, it seems checks are becoming more and more a thing of the past. In fact, there are many people who don’t know how to write one.
With the changing tools in banking and newer tech like digital payment and transfer capabilities, is there any real need for checks anymore?
Links:
Contact us with any questions about getting started with Remote Deposit Capture
Watch our Remote Deposit Capture tutorial on YouTube
Read the article about recent check usage stats
Check out TCU University for more 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.
Contrary to popular belief, check use is not dead. Believe it or not, people are still writing and issuing checks.
According to data from the Federal Reserve Board, roughly 11.2 billion checks were used in 2021.
This stat might leave you wondering who even uses checks and why?
Most of us use digital payment services that process payments for anything from groceries to paying back a friend for last night’s dinner.
Services like Cash app, Venmo, PayPal and others are great for their convenience and swift transfer capabilities. You don’t have to wait long for the money to show up in your account so there’s no mystery why these apps are rapidly making check usage a thing of the past.
But, even with the growing usage of those popular payment tools, checks are still being used.
In fact, studies have shown that when people do use checks they’re using them mainly for larger purchases, particularly for rent payments, sometimes utilities or things like a car downpayment.
The good thing is that even though checks aren’t as popular as they used to be banking tech has continued to update the process of how we interact with and deposit checks to keep up with the times.
Originally checks would be written out to the receiver, physically brought to a teller at the bank and deposited in-person. But now, with tools like remote check deposit, you don’t even have to get off the couch to deposit your check, if you ever do receive one.
This will save your not only time by avoiding a trip to the bank but also money by saving yourself on gas or other transport costs.
Remote Deposit doesn’t cost anything at all. All you need is a mobile phone or computer, Internet connection and an online/mobile banking account.
To access it, log into the account and select Remote Deposit.
Follow the prompts to sign your check, take pics, or if you’re using a home computer, scan the check, then upload it all within a few seconds.
If you’d like to see an example of how it’s done, watch our tutorial video on YouTube for a step-by-step demonstration. The link will be in the show notes.
In summary, checks haven’t disappeared entirely just yet and even though you all in on digital payment tools, you may still wind up receiving a paper check. If do, skip the trip to the bank and deposit it from home, or on the go with remote check deposit.
If there are any other tips or topics, you’d like us to cover, let us know at tcupodcast@trianglecu.org. Like and follow our Making Money Personal FB and IG page and look for our sponsor, Triangle Credit Union on social media to share your thoughts.
Thanks for listening to today’s Money Tip Tuesday and make sure to check out our other tips and episodes on the Making Money Personal podcast.
Have a great day!
Tuesday Oct 10, 2023
3 Reasons Financial Literacy is Important - Money Tip Tuesday
Tuesday Oct 10, 2023
Tuesday Oct 10, 2023
Throughout our lifetime, finance plays a huge role—from counting pennies in preschool to making a mortgage payment on a house.
Finances can be overwhelming, but with the help of financial literacy tools you can build self-confidence in understanding the concepts of money management, debt prevention, and financial security.
Links:
Watch our Budgeting 101 Webinar
Watch Financial Freedom: Your Path to Debt Free Living webinar
Check out TCU University for more 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 literacy resources overall offer advice to analyze, prioritize, and accomplish your financial goals.
Let us break down why financial literacy is significant today:
Learning Budgets and How to Save Money
Saving money and creating a budget is the starting point in financial literacy. These tools provide a financial picture and explain the process of building a budget so you have a better understanding of how much you earn (income) impacts how much you spend (expenses). From charts to articles, financial literacy resources can provide a budget structure for you to prioritize and track your spending to make sure the budget remains healthy and balanced. Financial literacy resources will also offer suggestions towards important savings such as retirement and developing an emergency fund as well as saving for a bucket list vacation.
If you’re new to budgeting and need a little guidance, watch our Budgeting 101 webinar available on our YouTube channel for an overview, explanation, and demonstration of how to work your very first budget.
Understanding Credit, Payments, and Debt Prevention
Once you understand budgeting and saving, you will learn more complex subjects like credit cards and loans. Financial literacy resources provide guidance and tips on various interest rates towards loans, how to make those payments, and avoid or pay off debt. Financial literacy resources apply the prior practices of saving money towards paying off any existing debt.
If you’re looking for a practical way to start paying down your debt, watch our Financial Freedom: Your Path to Debt Free Living webinar on our YouTube channel to get a step-by-step presentation on how to structure your very own debt payoff plan.
Recognizing & Protecting Yourself from Fraud
Lastly, financial literacy resources provide alerts regarding constant fraud and detecting suspicious behaviors that come from fraudsters using emails, phone calls, and text messages. Financial articles provide important information on ways to keep your financial accounts safe such as checking your credit report, card transactions, or contacting your financial institution to confirm alerts and messages are from your financial institution and not from those trying to steal your identity. These kinds of communications are not only beneficial for you, but for your financial institution to be aware of these fraudulent attacks and spread the word with their organization and all their members.
Financial literacy tools are educational resources that help you understand how to manage your money, make payments on time, and prevent financial fraud. More than likely, your financial organization provides articles, learning programs, or even games for the younger audience. Financial literacy resources can also provide different calculators to determine certain payments and yearly terms on things such as mortgages, loans, and debt consolidation. These resources advance your financial decisions and provide ease throughout your financial journey.
Triangle Credit Union has dedicated a website for financial education and resources known as TCU University. You will find finance-related blogs, podcasts, YouTube videos, webinars, and events. To learn more about subjects like money management and debt prevention, visit triangleuniversity.org.
If there are any other tips or topics, you’d like us to cover, let us know at tcupodcast@trianglecu.org. Like and follow our Making Money Personal FB and IG page and look for our sponsor, Triangle Credit Union on social media to share your thoughts.
Thanks for listening to today’s Money Tip Tuesday and make sure to check out our other tips and episodes on the Making Money Personal podcast.
Have a great day!
Tuesday Oct 03, 2023
How ITMs Improve Your Banking Experience - Money Tip Tuesday
Tuesday Oct 03, 2023
Tuesday Oct 03, 2023
As banking technology continues to advance, the focus of many institutions is on providing top quality interactions with greater flexibility and control for you, the user. With the implementation of Interactive Teller Machines (ITMs), the goal is to provide more services and convenience while still maintaining human interaction and engagement.
With ITMs, you get the best of both worlds: the flexibility and convenience of self-service banking with the human service and interactions you may prefer. Stay tuned to learn more about the benefits of self-service banking.
Links:
Check out TCU University for more financial education tips and resources!
Follow us on Facebook, Instagram and Twitter!
Learn more about Triangle Credit Union
Transript:
Welcome to Money Tip Tuesday from the Making Money Personal podcast.
Today’s banking tech (also known as financial or fin tech) is amazing. You can do so many banking transactions on your phone or computer.
But what if you need to do something different that you can’t do online? You can call, visit a branch, or now, use an ITM, which is the next generation of ATMs.
Okay, so they’re not the newest tech, they’ve been out since the 2010s, but they’re beginning to build momentum in the banking world. As of 2022 only 41% of consumers have used an ITM, and 56% don’t even know what one is.
If you’re not sure what an ITM is or why you’d use one, here are a few things they do like an ATM and some additional capabilities for improved service.
Like an ATM, all ITMs give you the capabilities to:
Check account balances
Deposit cash and checks
Withdraw cash
Transfer money
But ITMs are more like upgraded ATMs and their greatest benefit is you can speak directly to a live person who can answer questions and provide many of the same services you can expect at the teller line
You can make loan or credit card payments
You can cash checks
You can withdraw money without a debit card
You can ask specific questions about your account information
You can even ask their favorite food or what they did last weekend.
When would you need to use an ITM? The short answer is any time you use a regular ATM or your branch drive-up and teller line service. Here are some examples:
Use an ITM when you need cash in different denominations
If you need different types of cash for a yard sale, budgeting purposes, or any other reason you don’t need to go to the teller line for that.
ITMs can give you different options to choose from and can dispense smaller and larger bills depending on the machine.
Use and ITM if there’s a long line in the branch
If you’re at a branch and there’s a long line to get to the tellers, look for an ITM and pop over there.
You’ll be able to do most transactions you’d do at the line, but all self-service.
Many branch lobbies have an ITM right inside the building, so if you don’t want to wait for the next teller, step over to the ITM for faster service.
Use an ITM if you’re on the go but don’t want to get out of your car
With ITMs you can avoid going in the branch and use the machine like you would a regular drive-up.
If you’re in a rush, need teller service, but don’t want to park to go into the branch, drive right on up to an ITM and you can still do the transactions you need with service from a live person.
ITMs save you precious time and offer you more capabilities by offering a robust self-service banking experience with the ability to connect with a live person if needed.
Next time you visit a branch or pass by an ITM, give it a try. You’ll love the experience.
If there are any other tips or topics, you’d like us to cover, let us know at tcupodcast@trianglecu.org. Like and follow our Making Money Personal FB and IG page and look for our sponsor, Triangle Credit Union on social media to share your thoughts.
Thanks for listening to today’s Money Tip Tuesday and make sure to check out our other tips and episodes on the Making Money Personal podcast.
Have a great day!
Tuesday Sep 26, 2023
What You Should Know About Online Savings - Money Tip Tuesday
Tuesday Sep 26, 2023
Tuesday Sep 26, 2023
You probably already know that having a savings account is important. You can save up your money for your next big-ticket purchase, retirement, or an emergency fund. But did you know that there are loads of benefits to using an online savings account?
Here’s what you need to know about the benefits of online savings and what to look for.
Links:
Learn more about the benefits of an Online Savings account
Check out TCU University for more 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.
To begin with, not only does an online savings account keep your money safe, it can also help you build wealth. Financial institutions will often pay you interest for keeping your money with them. The interest rate, which is a percentage, will be multiplied by how much money you have in your online savings account. The financial institute will then add that amount of money to your savings.
You’ll also want to look at the annual percentage yield, or APY. The APY is how much money you will make on your balance, with compounding included.
In other words, when you are looking for a place to keep your savings, you’re going to want to compare different financial institutions’ online savings rates and APYs. The higher the interest rates, the more money you will make. Online savings typically offer a higher interest rate than a traditional savings account so if you’re looking to earn a higher yield, try an online savings account.
Keep in mind that rates are subject to change and are usually based on the Federal Reserve, so you will want to keep a close eye to see if your rate decreases; if rates decrease, you may want to consider switching where you keep your money.
Another benefit of online savings is simple convenience. You can access your funds quickly within your online or mobile banking and can transfer money to and from other accounts instantly. All you need for access is a device and an internet connection. This is especially useful if you have an emergency and need to move some money fast. You don’t need to wait in line at a bank or on hold on the phone.
Having your money in an online savings account isn’t just convenient, it’s secure too. If your financial institution is FDIC-insured, your money is safe in case the institution fails. It is insured up to $250,000 per account. If you bank at a credit union, your money is insured for the same amount through the NCUA. Since it’s a strictly online account, it’s also secured through encryption, as well as multi-factor authentication, which makes it more difficult for fraudsters to steal your money. Online savings accounts are just as secure as your other financial accounts.
One thing you’ll want to look out for when shopping are the online savings account fees and minimum balance requirements. Some financial institutions have monthly maintenance fees or fees if your balance drops below a certain amount. These fees can take away any interest you might have earned in your savings. Look for a financial institution with no fees on savings. You also want to check the minimum deposit requirements. Some online savings accounts can require a minimum amount of money to open the account, which can range anywhere from $100 to $5,000.
Our sponsor, Triangle Credit Union, offers an online savings account with no monthly maintenance fees and only requires a minimum of $100 to open the account.
If there are any other tips or topics, you’d like us to cover, let us know at tcupodcast@trianglecu.org and don't forget to like and follow our Making Money Personal Facebook and Instagram pages and look for our sponsor, Triangle Credit Union on Instagram and LinkedIn to share your thoughts.
Thanks for listening to today’s Money Tip Tuesday and be sure to check out our other tips and episodes on the Making Money Personal podcast.
Have a great day!
Thursday Sep 21, 2023
Episode 61: Business Funding and Planning Resources | Tuesday Perkins (SBA)
Thursday Sep 21, 2023
Thursday Sep 21, 2023
Business Funding and planning can be a stressful part of running a business. If you're new to the business world or a seasoned owner looking for more resources to expand your enterprise, this episode is for you.
In this episode I chat with Tuesday Perkins from the Small Business Administration about the many ways they work to provide the best tools and opportunities for anyone looking to start or grow a business.
Links:
Learn more about Small Business Administration and it's resources for NH businesses
Search the SBA calendar of events
Contact Tuesday Perkins at tuesday.perkins@sba.gov or call her at (603) 225-1404
Learn more about Triangle Credit Union's Commercial and Business Services
Check out some of these other podcast episodes about business resources:
Starting Your Business Relationship
Boosting Your Business Resources with SCORE
Why You Need a Business Exit Plan
Steps to Start Your Own Business
Check out TCU University for more financial education tips and resources!
Follow us on Facebook, Instagram and Twitter!
Learn more about Triangle Credit Union
View episode transcript.
Tuesday Sep 19, 2023
Features of Online and Mobile Banking - Money Tip Tuesday
Tuesday Sep 19, 2023
Tuesday Sep 19, 2023
Banking technology has evolved immensely over the years. What once began in the 1980’s with dial-up services to access accounts on your home computer has developed into the extensive, and somewhat essential, online and mobile banking we use today.
Links:
Learn more about Triangle's Online Banking and Mobile Banking tools
Watch our Remote Deposit Capture tutorial
Learn more about our Mobile Banking app and it's features
Check out TCU University for more 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.
Online Banking refers to transactions conducted through a financial institution's website via a web browser on any device with an internet connection (for example-- a computer, tablet, or smartphone). With online banking, you do not need to download an application which is why it’s a simple and popular option for many.
Mobile Banking is typically conducted through a financial institution’s mobile app, however many FIs also offer some mobile banking capabilities through SMS texts.
Online and Mobile banking is convenient for those who want to manage their finances from home or on-the-go. Both provide:
Account Information
Transaction History
Fund Transfers
Bill Pay
Card Management
Budgeting Tools
and more!
Online Banking and Mobile Banking offer similar tools and features to keep your banking experience easy and convenient.
If you’re new to online or mobile banking here are a few of the features you should consider setting up and using right away.
Text Alerts. For those who don’t have a smartphone, text alerts allow credit union members to receive notifications directly to their phone with an SMS text when large deposits or large withdrawals are made, weekly account balance updates, or when their account balance falls below a specific amount, to name a few. To sign up for these notifications, log into your online banking account (on your computer) and enter your phone number.
Remote Deposit Capture. Through your financial institution’s mobile app, you can use remote deposit capture to deposit a check without stepping a foot into a branch. RDC typically only takes a minute or two which makes it a popular option for those with busy lifestyles. If you don’t have a smartphone, you can still deposit checks from home through your online banking account using a scanner.
Push Notifications. Similar to text alerts, push notifications can be enabled to alert you when specific actions occur on your account. These can include spending transaction notifications, low balance, large deposits or large withdrawals, etc. To enable push notifications, log into your bank or credit union’s mobile app and toggle these notifications on.
Both mobile and online banking allow you to manage your money in ways that work best for you. If you haven’t created your online or mobile banking account yet, what are you waiting for? Take control of your finances today!
Set it up now at trianglecu.org.
If there are any other tips or topics, you’d like us to cover, let us know at tcupodcast@trianglecu.org. Like and follow our Making Money Personal FB and IG page and look for our sponsor, Triangle Credit Union on social media to share your thoughts.
Thanks for listening to today’s Money Tip Tuesday and be sure to check out our other tips and episodes on the Making Money Personal podcast.
Have a great day!
Financial Lessons & Tips
Join us for fun, relevant financial topics that provide you with resources to help you make financial decisions. The Making Money Personal Podcast talks about the impact that money has on your personal and professional life. Our podcast examines trends and topics with support from industry professionals.