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This Week @ Founders Federal Credit Union

Scattered coins on part of a tax form.

Facts About Taxes

This week, you'll learn some of the basic skills you need to make tax season as pleasurable - and profitable - as possible.

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Featured Resources

Topics chosen by Founders Federal Credit Union experts.

Hand running credit card through credit card machine.

Credit vs. Debit Cards
Credit and debit cards each have pros and cons. When should you use each?

Boy Scout in uniform with hand raised for Scout Pledge. Boy Scouts written above.

Credit Reports and Scores
Credit reports and scores determine the rates you pay when borrowing and can affect your ability to get certain jobs.

Pile of different credit cards.

Risks and Benefits of Credit Cards
Credit cards offer benefits for many consumers, but it's important to understand the risks of unsecured credit.

Credit Report with Score

Building Credit
Understanding the decisions and behaviors that can lead to improved credit scores.

Stack of credit cards.

Understanding the Credit Card Act of 2009
How the new regulations work to protect card holders.

Printed Credit Report with Pen next to it.

Reading Your Credit Report
A detailed description of what to expect and look for when viewing a credit report.

Select Courses

Guided learning experiences created by Founders Federal Credit Union.

Understanding Insurance

33 minutes

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Understanding the common types of insurance, including auto, renters, health, plus more.

  • Insurance
    Understanding how insurance plays an important role in our financial lives.
  • Auto Insurance
    Types of auto insurance, factors influencing cost, and choosing a policy that's right for your situation.
  • Life Insurance
    Who needs life insurance, types of policies, and how to determine coverage.
  • Renter's Insurance
    Understanding the benefits (and potential pitfalls) of this type of inexpensive insurance.
  • Health Insurance
    The various health insurance choices.
  • Disability Insurance
    The benefits and costs of these often complex policies.
  • Grade
    Calculates the grade for a course.

Buying a Car

44 minutes

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From choosing a make and model to financing a purchase, topics every consumer should understand when buying a car.

  • Buying a Car
    An introduction to the basics of this major purchase and responsibility.
  • Choosing a Make and Model
    A look at four important factors to consider when choosing a car: fuel consumption, insurance rates, reliability, and depreciation.
  • The Total Cost of Ownership
    Understanding the many costs associated with owning a car - from financing cost to taxes.
  • Buy or Lease Decisions
    The pros and cons of leasing.
  • Financing a Car Purchase
    How a loan affects the total cost of buying a car.
  • Evaluating a Used Car
    How to "do your homework" before buying a used car.
  • Negotiating Your Purchase
    Effective negotiation could potentially save you thousands on your next car purchase.
  • Setting a Target Price
    How to set a realistic target price for both new and used vehicles.
  • Negotiating Price
    Know what to expect when negotiating the best deal.
  • Avoiding Surprises
    Think the negotiating is finished when you agree on a price? Here's how to negotiate dealer extras and extended warranty pitches.
  • Common Mistakes
    Twelve common mistakes to keep in mind when shopping for a car.
  • Grade
    Calculates the grade for a course.

Paying for College

54 minutes

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The basics of financial aid, including the types of aid, applying for aid, borrower responsibilities, and repayment strategies.

  • Financial Aid Introduction
    Whether you're considering higher education for yourself or starting to plan for the education of your kids, understanding the financial aid process is the first step to meeting your education goals.
  • Understanding Financial Need
    Some aid is based on financial need and some is not. What exactly is "financial need?"
  • Independent Student Status
    Understanding your financial aid dependency status, including a discussion of what to do if the parents of dependent students refuse to help them pay for college.
  • Creating an Aid Strategy
    Considerations when planning to pay for school, including school choice, employment options, accounting strategies, and the importance of borrowing wisely.
  • Types of Financial Aid
    The main types of financial aid are education loans, grants and scholarships, work-study, and service programs.
  • Applying for Aid
    The aid application process, including descriptions of the FAFSA and Profile forms.
  • Education Loans
    A description of the main types of student loans, including government loans, consolidation loans, and private loans.
  • Choosing the Right Loan
    Questions every student should be able to answer before taking on a student loan.
  • The Master Promissory Note
    An introduction to the agreement that specifies your rights and responsibilities when accepting a student loan.
  • Repaying College Debt
    Common repayment plans are outlined, as well as instructions for finding your loans and the consequences of non-payment.
  • Choices About Colleges and Careers
    From a financial perspective, the most important decision you can make about college is whether or not you go and what you plan to study.
  • Borrowing Wisely
    Making smart choices about student loans, including a description of the impact of loan capitalization.
  • Dealing with Too Little Aid
    Why some students find themselves with too little aid and what can be done to make ends meet.
  • Grade
    Calculates the grade for a course.

Saving and Investing

36 minutes

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Why and how to invest, including how to save money now.

  • Saving and Investing
    The difference between investing and saving, and how to tell what's the best option for your needs.
  • Types of Investments
    The pros and cons of stocks, bonds, and cash. The concept of asset allocation is explained.
  • Investment Accounts
    The types of accounts available to investors, including both taxable and tax advantaged accounts.
  • Saving for Retirement
    Why save for retirement and the impact of fees on investment performance.
  • Retirement Saving Strategies
    How to develop a comprehensive retirement savings strategy.
  • Retirement Accounts
    An overview of the major retirement accounts, include Individual Retirement Accounts, Simplified Employee Pensions, and 401(k) plans.
  • Retirement Savings Ideas
    A few simple things to keep in mind when starting a retirement savings plan.
  • Individual Development Accounts
    Understanding the benefits of IDAs, how to qualify, and where to find a program.
  • Grade
    Calculates the grade for a course.