This October, General Electric Credit Union (GECU), like so many other organizations in the Tri-State, is supporting Breast Cancer Awareness Month, also known as “Pink Month.”
Did you know that 1 in 7 Gen Z cardholders have already maxed out a credit card?1 With the appeal of “buy now, pay later” and easy credit access, it’s no wonder so many young people fall into the trap of overspending.
Starting your financial journey together as newlyweds often involves opening a joint bank account. This can simplify managing shared expenses, streamline saving for future goals, and ensure transparency in your financial dealings.
The average age to buy a first home is now the oldest ever on record at 36 years old.1 Diminished buying power, student loan debt, and competition from corporate investors—among other factors—have caused many young buyers to delay homebuying or consider it out of the question entirely.