Financial Literacy

Welcome to CASE’s Financial Wellness page.


This page was created as a free resource tool to assist members, as well as non-members, to learn how to adequately understand, plan, and utilize its content so that everyone can achieve financial success.
 

Financial Wellness Tips Library

Scroll through our library of financial wellness topics for short videos and practical tips to help with your financial success. We add to this library every quarter. Make this your go-to place for practical and useful financial advice!

Note:
For more assistance with mapping out your financial success, consider meeting with a Financial Counselor! Our financial counselors are a free resource for members and non-members. Check out their Financial Resources page for more information!
  • The first step in budgeting is seeing your income and expenses laid out so that you can accurately calculate your budget.
     
    To begin, use this one-month calendar to write down your expenses and income using this One Month Budgeting Calendar(Opens in a new Window).

    The 50/30/20 Rule.
    Using your after tax income, your budget should be divided into three ways:
    50% to needs
    30 % to wants
    20 % to long-term savings.
     
    "Extra" Money
    Make sure to put money that you receive as gifts, bonuses, tax returns, etc, into your budget instead of spending on unnecessary purchases.
     
    Tight Budget?
    Finding your budget a little tight? Make sure you are utilizing monthly subscriptions you are paying for. Also, cut back on eating out and expensive activities. Look for local resources to find free or low-cost entertainment. 
     
    For a digital budget calculator check out Banzai's digital budget calculator.

Credit is the ability to borrow money or access goods or services with the understanding that you'll pay later. From Credit Cards to Auto Loans, and even a Home Mortgage, credit is an important part of your financial success.   

  • Types of Credit
    You want to have a great mix of revolving credit (credit cards), installment credit (car loans, mortgages, student loans), and open credit (cellphone and utility bills). 
     
    Credit Score
    You want to have a great mix of revolving credit (credit cards), installment credit (car loans, mortgages, student loans), and open credit (cellphone and utility bills).
     
    Things That Don't Affect Credit
    Checking and savings account information, medical history and records, marital status, buying habits, income and asset information are not stored in credit reports and do not affect your credit.
     
    No Credit?
    Don't have a credit score?
    The best way to build credit is to open a credit card, put a manageable amount on it and pay it off every month!
 
 

 
Saving money is important to building a better financial future. Follow these tips to get started saving today!
 
Tip #1 - Earn Interest
Put your savings into a money management account or term deposit account to earn higher interest while your money is safely being stored. Let it grow! 
 
Tip #2 - Protect Your Money
Keeping your savings at a credit union insures your account up to $250,000. This is way safer than in your home or piggy bank where it can be stolen or lost in a fire.
 
Tip #3 - Pay Off Early
Pay more towards your auto loan and/or mortgage payment every month to pay off your loan faster and save on interest. 
 
Tip #4 - Emergency Savings
If you have no dependents, you should have an emergency savings for 3 months of essential living expenses. For those with dependents that increases to 6 months.
  • That’s why CASE Credit Union has partnered with Zogo, a gamified mobile app, to help members learn the basics of personal finance. The best part? You get paid to use it!
     
    Zogo is a gamified financial literacy app that rewards users for completing bite-sized financial literacy lessons on intelligently saving, spending, and managing their money. The app includes over 800 modules in 54 different topics, from opening a bank account to saving for retirement - and everything in between.
     
    By completing modules, taking interactive five-question quizzes, and participating in daily trivia games, users earn virtual "pineapples" and work toward real-life rewards, like a $5 gift card to one of their favorite stores!
  • The Zogo app is available at no cost, at both the Apple App Store and Google Play Store
  • CASE Credit Union provides a unique access code to allow entry to the app (access code:CASECU)
  • Register using your phone number
  • Start each module by learning five concepts before taking a five-question quiz
  • Completing each module earns users points
  • Zogo covers a variety of different topics, starting with banking and budgeting but growing more complex as you advance through the app
  • Zogo is available at their fingertips
  • The app can be accessed anywhere from their phone
  • They can compete against each other; tracking their progress via leaderboards
  • Points can be redeemed for a $5 gift card of their choice
  • About 84% of teens say they look to their parents for information about money, according to a study by Junior Achievement
  • In a survey by EVERFI, only 43% of parents felt they were “well prepared” for financial conversations with their children
  • As an alternative form of education, T. Rowe Price reports that 3 out of 4 parents think financial apps are a good way to teach about financial matters
It's easy! Simply download the app and register using our access code: CASECU
 
App Store badge   Google Play app store badge
 
Zogo QR code
 
Zogo logo with access code CASECU