At 1st Community Credit Union, we’re all about helping our members make informed financial decisions. Buying a car is one of the biggest purchases most people make, and it’s easy to get caught up in the excitement of a shiny new ride. However, costly mistakes can turn your dream car into a financial headache. To help you navigate the car-buying process with confidence, we’ve compiled a list of common car-buying mistakes to avoid. Let’s dive in and ensure you drive away with a deal that works for you!

Avoid These Car-Buying Mistakes

1. Skipping the Research Phase

One of the biggest mistakes car buyers make is diving into the process without doing their homework. Research is crucial to understanding what car fits your needs, budget, and lifestyle. Start by identifying the type of vehicle that suits you—do you need a fuel-efficient sedan for your daily commute, a spacious SUV for family adventures, or a rugged truck for work?
Once you’ve narrowed down your options, compared models, and checked reliability ratings, don’t forget to research the car’s resale value, as this can impact your long-term costs. At 1st CCU, we encourage our members to use online tools to compare vehicles and explore financing options before stepping foot in a dealership.

2. Focusing Solely on the Monthly Payment

It’s tempting to focus only on the monthly payment when negotiating with a dealer, but this can lead to trouble. Dealers may offer a low monthly payment by extending the loan term, which means you’ll pay more in interest over time. Instead, negotiate the total price of the car first, then discuss financing.
Before you shop, use our auto loan calculator to estimate your monthly payments based on different loan terms and interest rates. This will give you a clear picture of what you can afford and help you avoid being swayed by a seemingly “affordable” payment that hides a higher overall cost.

3. Not Getting Pre-Approved for Financing

Walking into a dealership without a pre-approved auto loan is like going into a negotiation without a game plan. Dealerships often push their own financing, which may not offer the best rates or terms. Getting pre-approved gives you the upper hand. You’ll know exactly how much you can borrow, your interest rate, and your budget, allowing you to shop with confidence.
Our auto loan process is straightforward, with competitive rates and flexible terms to fit your needs. Apply online and you could be pre-approved in minutes. For an even more convenient loan application, apply within 1st CCU Anywhere online or mobile banking, where many of the application form fields auto-fill with your personal information. Fast and easy!  Plus, having pre-approval shows dealers you’re a serious buyer, which can strengthen your negotiating position. 

4. Overlooking Total Ownership Costs

The sticker price is just one part of the equation. Many buyers forget to factor in the total cost of owning a car, including insurance, maintenance, fuel, and registration fees. For example, a sports car might seem like a steal, but high insurance premiums and costly repairs could strain your budget. Similarly, a gas-guzzling SUV might not be the best choice if fuel prices are on the rise.
Before you buy, research the car’s estimated maintenance costs and fuel efficiency. Check insurance quotes for the models you’re considering to avoid surprises. Choosing a reliable, cost-effective vehicle can save you thousands over the life of the car.

5. Buying More Car Than You Need

It’s easy to fall in love with a car loaded with premium features, but do you really need a top-of-the-line model with all the bells and whistles? Upsells like leather seats, advanced tech packages, or larger engines can inflate the price significantly. Stick to the features that matter most to you and align with your budget.
If you’re unsure what you need, make a list of must-haves. Safety features like adaptive cruise control or blind-spot monitoring might be worth the investment, while a premium sound system might not. At 1st CCU, we’re here to help you weigh your options and find a car that fits both your lifestyle and your wallet.

6. Skipping the Test Drive

Never buy a car without test-driving it first. A car might look perfect on paper, but you won’t know how it feels to drive until you’re behind the wheel. Schedule a test drive to evaluate the car’s comfort, handling, visibility, and technology. Pay attention to details like seat comfort, road noise, and ease of use for controls.
If possible, test-drive the car in different conditions—city streets, highways, and even parking lots—to get a full sense of its performance. Bring along a family member or friend to get a second opinion, and don’t rush the process. A thorough test drive can reveal deal-breakers that save you from buyer’s remorse.

7. Ignoring Used or Certified Pre-Owned Options

Many buyers focus solely on new cars, but used or certified pre-owned (CPO) vehicles can offer incredible value. CPO cars are thoroughly inspected, refurbished, and often come with extended warranties, making them a reliable and budget-friendly option. Plus, used cars typically have lower insurance and registration costs.
At 1st CCU, we offer competitive financing for both new and used vehicles. Before you decide, explore CPO programs from manufacturers and check local listings for well-maintained used cars. You might find a nearly new vehicle at a fraction of the cost.

8. Not Negotiating or Walking Away

Don’t be afraid to negotiate the price of the car. Dealerships often have wiggle room, especially if you’ve done your research and know the market value of the vehicle. Be polite but firm, and don’t hesitate to walk away if the deal doesn’t meet your expectations. There are plenty of cars and dealers out there, and patience can lead to a better offer.
If negotiations feel overwhelming, bring a trusted friend or family member for support. You can also leverage your pre-approval from 1st CCU to show dealers you’re ready to buy on your terms.

Drive Smart with 1st Community Credit Union

Buying a car doesn’t have to be stressful. By avoiding these common mistakes, you can make a smarter, more informed purchase that keeps your finances on track. At 1st CCU, we’re committed to helping our members achieve their goals with affordable auto loans, personalized advice, and tools to simplify the process. Ready to start your car-buying journey? Visit our website to apply for pre-approval, explore our auto loan options, or contact our team for guidance. Let’s get you behind the wheel of your dream car—without the financial pitfalls!
 

Choosing the right financial account can feel like a big decision, but it doesn’t have to be overwhelming. At 1st Community Credit Union, we believe banking should work for you—helping you save more, stress less and manage your money with ease. Whether you’re opening your first account or looking for another option, focusing on the important features can make all the difference. 

Below are five essentials to look for in an account, along with actionable tips to evaluate your options like a pro.

1. Low Fees: Keep More of Your Hard-Earned Money

Let’s face it—nobody likes seeing their money chipped away by unnecessary fees. Low fees are a top priority when choosing an account, because they directly impact how much you keep in your pocket. Monthly maintenance fees, ATM charges, overdraft penalties and transaction costs can add up fast if you’re not careful. At 1st Community Credit Union, we’re proud to offer accounts designed with affordability in mind, so you can focus on your financial goals instead of dodging hidden costs.
How to Evaluate: Check the credit union or bank’s fee schedule, which is usually found on their website or by asking a representative. Look for accounts with no monthly maintenance fees or easy ways to waive them, like maintaining a minimum balance. Compare ATM policies, too. Does the bank offer free access to a wide network or reimburse out-of-network fees? A little research can go a long way. 

2. High-Interest Rates: Make Your Money Grow

Why settle for an account that just holds your money when it could be earning for you? High-interest rates are a game-changer, especially for savings accounts or interest-bearing checking accounts. Even a small boost in your rate can compound over time, turning idle cash into a growing asset. At 1st CCU, we’re committed to helping our members maximize their savings with competitive rates that beat many big banks.
How to Evaluate: Compare annual percentage yields (APYs) across financial institutions—don’t just look at the base rate. APYs reflect how much you’ll earn with compounding. Ask if the rate is promotional (temporary) or standard, and check for balance requirements to qualify. Online tools like rate comparison sites can help, but calling the financial institution directly ensures you get the latest info. Aim for an account that rewards you for saving more.

3. Mobile Banking Capabilities: Convenience at Your Fingertips

In today’s fast-paced world, mobile banking isn’t just a perk, it’s a must. A robust mobile app lets you check balances, deposit checks, pay bills and transfer funds anytime, anywhere. At 1st Community Credit Union, our mobile banking platform is designed to keep you in control, whether you’re at home or on the go. 
How to Evaluate: Whenever possible, download the mobile banking app and test its features before committing. Can you deposit checks with your phone camera? Are there alerts for transactions? Read user reviews in the app store for insights on reliability and ease of use. Bonus points if the app integrates with budgeting tools, give you the ability to apply for a loan within the app, or offers a login with additional security functions.

 
4. Strong Customer Service: Support When You Need It

Whether you’re disputing a charge or figuring out loan options, strong customer service can turn a frustrating experience into a solved problem. At 1st CCU, we pride ourselves on being a member-focused credit union where you’re not just an account number. You deserve a financial institution that listens and delivers solutions fast.
How to Evaluate: Test the waters before signing up. Call the financial institution's customer service line. How long does it take to reach a real person? Are they friendly and knowledgeable? Check online reviews or ask friends about their experiences. Look for credit unions or banks with multiple contact options—phone, email, live chat—and branch access if you prefer face-to-face help. Good service is a safety net you’ll appreciate when it counts.

5. Account Flexibility: Options That Fit Your Life

No two people have the same financial needs, so why settle for a one-size-fits-all account? Flexibility ensures your account adapts to you. Think customizable features, no minimum balance requirements, or easy access to funds. Our credit union offers a range of accounts to match your goals.
How to Evaluate: Dig into the account details. Are there penalties for low balances or limits on transactions? Can you link accounts for overdraft protection? Ask about add-ons like credit card rewards or free financial planning tools. Visit the website or chat with a representative to see how well their offerings align with your habits—whether you’re a saver, spender or somewhere in between.

Take Charge of Your Banking Choice

Picking the right financial and the right account boils down to knowing what you value most, and doing a little homework. Low fees keep your money safe from erosion, high-interest rates help it grow, mobile banking keeps you connected, strong customer service offers peace of mind and flexibility ensures it fits your lifestyle. At 1st Community Credit Union, we’re here to check all those boxes for our members, delivering value with a personal touch.

Ready to find your perfect account? Start by listing your must-haves then compare options from a few banks or credit unions. Visit their websites, call their teams and don’t shy away from asking tough questions. Your money deserves a home that works as hard as you do, and with these points in mind, you’re well on your way to banking smarter.
 

Let’s face it—kids today are growing up in a digital world where the line between friend and fraudster isn’t always clear. From sketchy text messages to shady gaming links and fake social media ads, scams are everywhere. But the good news? You don’t have to be a cybersecurity expert to help your kids stay safe. You just need to start the conversation.

Start Early—and Keep Talking

It’s never too early to talk to your child about scams. Even young kids can understand the basics of being cautious online. You don’t need to make it scary—just part of regular conversations. Think of it like teaching them to look both ways before crossing the street. Online safety is just another life skill.

Use Real-Life Examples (Yes, Even That Weird Text You Just Got)

Next time you get one of those “Your package couldn’t be delivered” or "unpaid toll" texts or a suspicious email, don’t just delete it—use it as a teachable moment. Show your child what made it suspicious. Was it from an unknown number? Was the grammar off? Did it ask for personal information? Turning these into mini-lessons helps kids recognize the red flags. You can even use news stories to kick-start the conversation.  The goal is to create a supportive, honest environment where kids feel comfortable asking questions. And remember that you as the parent or guardian need to be patient and persistent - repetition helps messages stick.

Teach the Classic Red Flags

Here are some scammy signs your child should be able to spot:

• Messages with urgent language like “Act now!” or “Your account will be locked!”
• Requests for personal info like passwords, home address, or age.
• Links or attachments from strangers—or even from friends if they seem out of character.
• Offers that seem too good to be true (“Free V-Bucks!” or “Win a new iPhone!”)

Encourage them to pause and ask: Does this make sense? Would this person really need that info from me?

Help Kids Build Their Critical Thinking Skills

The goal isn’t just to memorize rules—it’s to build the kind of judgment that makes kids stop and think before they click. Role-playing can help here. Try saying, “You just got a message from someone you don’t know offering a free game. What do you do?” Let them think it through and talk about their decision.

Create A Safe Online World For Them

Okay, we know that there is no 'safety' online. But you, as the parent, can help your child be safer by supervising young children when they are online, establishing parental controls, using privacy settings in social media and gaming accounts, and limiting their phone contacts and online friend lists to people they know personally.

About Gaming Safety

Scammers who target gamers like to exploit children's natural curiosity, trust, and love for online communities. Compound that with the fact that children often use their parents' credit cards for in-game purchases, and you start to understand why cybercriminals target gaming.  Here are just a few tips for safer gaming habits include:

1. Use strong, unique passwords for gaming accounts.  Criminals have been known to use brute force hacking software to gain access to a gaming account. Strong unique passwords are ones that are long, complex, and unique to each account. They should be at least 16 characters long and include a mix of uppercase and lowercase letters, numbers, and symbols. They should not be easily guessable.
2. Only play with people you know in real life, because strangers aren't always who they say they are.
3. Avoid voice chat with unknown players, or keep it muted/monitored.
4. Don't share personal info in games or profiles.
5. Watch for scams disguised as an offer. Kids are often targeted with promises of cheat codes, rare items, free in-game rewards, etc.
6. And again, encourage kids to talk to you if anything makes them uncomfortable or feels weird.

Beware the “Free” Trap

Remind your child that free isn’t always free. Free downloads and “trial offers” often come with hidden costs—like viruses, scams, or auto-renewing subscriptions. Teach them to check with you before downloading anything or clicking on ads promising free stuff.

Once It’s Out There, It’s Out There

One of the hardest internet lessons? The “delete” button isn’t magic. Once something is online—photos, personal info, even chat messages—it can be copied, shared, or screenshotted in seconds. Help your kids understand the importance of thinking before they share.

Keep the Lines of Communication Open

Let your child know that they can—and should—come to you if something feels off. No judgment, no trouble. The earlier they speak up, the better. And remind them: if something feels “off” in their gut, it probably is.

 

Reinforce Often: Never Share Personal Info

Make sure your child knows that no one online needs to know their:

• Full name
• Address
• School name
• Age or birthday
• Passwords
• Location

Help them create safe screen names that don't reveal age, location, or gender.

Even if someone seems friendly or says they are your child's age— teach your kids to be cautious. Scammers are really good at pretending.

Hears the bottom line:  You don’t need to bubble-wrap your child’s digital life—you just need to prepare them for it. A few honest conversations, some shared examples, and ongoing check-ins can go a long way toward helping your kids become confident, scam-savvy digital citizens.

 

25 Tips from the 1st CCU Fraud Team. 

What is the 1st CCU Fraud Team? 

In 2024 1st CCU, like many other financials, noticed a rapid rise in fraud activity amongst members and local communities. To combat this we assembled a specialized team of experts from various departments across the organization. Their purpose - inform and educate the 1st CCU staff, members, and the local community on trending scams and how to better recognize potential fraud. Since the creation of the group, 1st CCU's Fraud Team has helped save members thousands of dollars and create a knowledgeable staff. 

Here are 25 Tips to help avoid scams and fraud in 2025: 

1. Do not give your Online Banking login information to ANYONE!
   • Scammers will pose as employers and ask for your Online Banking credentials. 
   • Nobody (including 1st CCU) needs to know your login.
2. Be Cautious about unsolicited emails. 
   • Do not click on links from unsolicited emails you weren't expecting.
   • Do not open attachments unless you are certain it is legitimate. 
3. Be cautious about unsolicited text messages. 
   • Do not click links unless you are certain it is legitimate. 
   • Look the number up on Google! Many times common scams can be identified with this. 
4. Keep updated firewall and virus software on your devices. 
5. Use complex passwords. Phrases and other non-identifying words make great passwords that are more secure than short words.
6. Keep an eye on your accounts!
   • Monitor your accounts consisently with Online Banking or Mobile App. 
   • Report suspicious activity right away. 
7. Use 1st CCU as a resource. If you are unsure about something contact us! Our staff is here to help.
8. Use trusted sites when shopping online. 
   • Look for the Secure Lock Symbol. 
   • Don't click website links from a social media ad or an email. Go to your browser and navigate directly to the official website.
9. Don't purchase items through Social Media sites. 
   • Scammers love creating Facebook ads with links to spoof sites.
   • Always use our secure browser to go to a company's website directly, then verify that the deal you saw on social media is legitimate. 
10. Fraudsters typically want you to act quickly. 
    • Don't rush. Stop and think before sharing information or sending money. 
11. Fraudsters will threaten with police action or other penalties if you don't do what they ask.
    • Stop and think. It's likely not something you would get in trouble for. 
12. Family and friends asking for money is a red flag. 
    • Scammers will claim to be a family member or friend in trouble. 
    • Hang up, and call that person directly. 
13. Someone asking to be paid in bitcoin or other non traditional payment is a red flag. 
    • Fraudsters typically want payment that is untraceable.
14. Fraudsters may tell you a "gag order" is in effect. 
    • They don't want you talking to others to avoid suspicion of fraud. 
15. Don't fall for the scam that involves someone claiming to be a 'cryptocurrency teacher' or 'bitcoin professor'. These scammers convince you to wire funds for purchasing bitcoin or other cryptocurrency, then when you attempt to cash out your investment you discover that they won't let you withdraw your funds.
16. Share information and help protect other family and friends that are vulnerable. 
17. If it's too good to be true, it probably is!
18. Become knowledgeable about the latest scam and fraud tactics.  Look for information posted to official government websites such as the Federal Trade Commission, Internet Crime Complaint Center, or the Federal Bureau of Investigation.
19. Know the red flags of a Deepfake Scam. Deepfake scams are AI-generated, and it's incredibly difficult to know when a video or audio recording are AI.  One red flag is the audio not matching the video. Look for unrealistic eyes, fingers, facial features, etc. AI-generated faces can lack symmetry and have inconsistent lighting.
20. Consider having a secret phrase with your loved ones. This is a question or phrase you ask that only the family or friend would know the answer to. Establishing this could help you verify that someone claiming to be your friend is actually a scammer.
21. DO NOT send money to someone you haven't met. 
    1. This includes online dating. 
    2. It also includes people on social media asking you to help with moving money from an account into your account, and then moving it back out to a different account. 
22. Use eAlerts to notify you of activity in your account. 
23. Opt for Debit and Credit Card controls, such as the ability to turn off your card when you aren't using it.
24. Enable two-factor authentication or online purchases or online/mobile banking transactions, when available.
25. If you are being threatened, report everything to the police. Scammers will say anything to convince you to act quickly. They may claim to be the cartel or the mob. Scammers have been known to email pictures of graphic violence to threaten consumers, or they will tell you that they know where you live and they are coming to get you. Hang up and report it.

 

By staying alert and knowing the red flags to look for, you can significantly reduce the changes of falling victim to scams and fraud. It's also important to utilize robust services on your accounts and protections on your devices. Follow the ABC's...Always. Be. Cautious with your personal and financial details. 

 

Congratulations, you're an adult and heading to college!  There's no time like the present to start making smart financial decisions. Start by getting serious about your financial health. Manage your money and build spending habits that will set the stage for financial success in your future.

1. Take Charge:  Set goals for your time in college and refer back to them when you feel yourself slipping into bad money habits.
2. Set Ground Rules: Discuss financial expectations with your parents or guardians: what they'll cover vs. what you’ll pay for.
3. Get Organized: Stay on top of important financial and financial aid documents, and create a filing system to keep them in order. Designate a specific space in your dorm or apartment for safekeeping these very important papers.
4. Lock It Up: You have roommates and they have friends you don't know, so be sure to keep sensitive information (like SSN, account numbers) in a secure place to avoid identity theft.
5. Know Your Account Features: Make use of features like online banking, e-alerts and Bill Pay, and know your account's fees and requirements.
6. Don’t Bounce Checks: Track your spending carefully to avoid overdrafts, as available balances may not reflect pending transactions.
7. Be Smart About Choosing Your Meal Plan: Select the meal plan that fits your needs and, most importantly, use the meal plan instead of opting for fast food to help you avoid extra spending.
8. Save On Snacks: Buy snacks in bulk to avoid overpriced vending machines, and keep some in your room or backpack.
9. Resist Peer Pressure: Stick to your financial goals and say "no" to expensive activities that don’t align with your budget.
10. Ground Rules for Roommates: Set clear expectations with roommates about household expenses and responsibilities, and avoid lending them money.
11. Avoid Developing Bad Spending Habits: Don't take up costly habits like smoking, expensive coffee, gambling, or unnecessary subscriptions that can lead to overspending.
12. Pay On Time: Always pay bills on time to avoid late fees and damage to your credit score.
13. Separate Needs From Wants: Make spending decisions based on necessity rather than desire. Prioritize needs over wants.
14. Student Discounts For The Win: Take advantage of student discounts at various stores and services to save money. They are out there, and some companies don't heavily advertise them. Seek them out to save on expenses.
15. Avoid Random Credit Card Offers: Don't fall for campus credit card promotions. Avoid taking on high-interest debt.
16. Build Good Credit: Use a single credit card responsibly, pay it off each month, and avoid cash advances or unnecessary fees.
17. Transportation Tips: Walk or bike to save on parking and gas. If you need a car, combine errands to reduce costs.
18. Part-Time Employment: If you need extra money, find a part-time job that won’t interfere with your studies. Be sure to check with your financial aid office first!
19. Keep Up Your Saving Habits: Continue to put money aside in college, even if it's only a few dollars a month. Even small contributions to an emergency fund can help in times of need.
20. Avoid Scams: Be cautious of scams targeting young adults, especially those asking for personal or financial information. These can include, but are not limited to, Fake Social Media Links, Job Scams, Romance Scams, AI-Voice or Deepfake scams, Scholarship Scams, and texts or emails with links to malware.
21. Prepare Now For Your Future Career: Use campus resources like career fairs and interview prep to start building your career network and skills.
22. Understand Your Financial Aid: Know what’s included in your financial aid package, if it’s a scholarship, grant, or loan you’ll need to repay, and whether your grades will have an impact on your financial aid eligibility.
23. Seek Out Scholarship Opportunities: Talk to your financial aid office to find and apply for scholarships every year. They are there to counsel and advise you, so let them help!
24. Beware of Scholarship Scams: Don’t pay for "guaranteed" scholarships. Legitimate ones are free to apply for and have clear contact info.
25. Net Worth Does Not Equal Self-Worth: Value yourself for your character and achievements, not just financial success. Control your money, don’t let it control you.
     

At 1st Community Credit Union (1st CCU), we believe that instilling financial literacy in children from a young age is crucial for their future success. One effective and engaging method to teach kids about money is through gamification—integrating game-like elements into educational activities to make learning about finances both enjoyable and impactful. 

The Power of Gamification in Financial Education
Gamification leverages the natural appeal of games to motivate and educate. By incorporating challenges, rewards, and interactive scenarios, children can grasp complex financial concepts in a relatable manner. This approach not only captures their attention but also fosters a deeper understanding of money management. 

Practical Ways to Gamify Financial Learning

1. Educational Board Games: Classic games like Monopoly and Payday introduce children to concepts such as earning, spending, saving, and investing. These games simulate real-life financial decisions, allowing kids to experience the consequences of their choices in a fun setting. 
2. Digital Apps: There are numerous apps designed to teach kids about money through interactive missions and quizzes. For instance, GoHenry offers a Visa debit card and financial education app tailored for children aged 6 to 18, combining real-world money management with engaging lessons. 
3. Role-Playing Activities: Set up a mock store or credit union/bank at home where children can role-play as customers or cashiers. This hands-on activity teaches them about transactions, budgeting, and the value of money in everyday scenarios. 
4. Savings Challenges: Create a savings goal chart with rewards for reaching milestones. This visual representation encourages children to set and achieve financial goals, reinforcing the importance of disciplined saving. 

Benefits of Early Financial Education

Introducing financial concepts early equips children with the skills necessary to navigate the complexities of adult life. They learn the value of money, the importance of saving, and how to make informed spending decisions. Moreover, early financial literacy fosters confidence and reduces the likelihood of future financial mismanagement. 

1st CCU's Commitment to Youth Financial Literacy

At 1st CCU, we're dedicated to supporting our community's youth in building strong financial foundations. We offer resources and guidance to help parents and guardians introduce sound money management practices to their children. By working together, we can ensure that the next generation is well-prepared to make informed financial decisions. 

For more insights and tips on teaching kids about money, visit our blog post on smart money management for teens and kids. 

By integrating gamification into financial education, we can make learning about money a fun and rewarding experience for children, setting them on the path to a secure financial future.

 

Buying or selling a home is one of life’s biggest milestones, but timing can make a significant difference in your experience—and your wallet. If you’re new to the housing market, you might be wondering: When is the best time of year to make a move? The truth is, the ideal timing depends on your goals, whether you’re buying, selling, or both.
At 1st Community Credit Union, with locations in Sparta, West Salem, and Tomah, Wisconsin, we’re here to help you navigate the home-buying process, no matter the season. Let’s break down what each time of year has to offer and how you can make the most of it.

Buying a Home: What’s the Best Season?

Spring: More Choices, More Competition

Spring is often seen as the peak home-buying season. As the snow melts and the days grow longer, more homes hit the market, giving buyers a wider selection to choose from. Families looking to move before the next school year often start house hunting in the spring, which can lead to increased competition. This competition may drive prices up, and sellers might not be as flexible with negotiations.

That said, if you’re prepared to act quickly and have your financing lined up—like a pre-approval from 1stCCU—you can still find great opportunities.

Summer: A Busy Market with Potential for Quick Moves

The momentum from spring continues into summer. While competition remains high, sellers are often motivated to close quickly, especially if they’re juggling their own moving plans. If you’re ready to move fast and can be flexible with closing dates, summer can be a great time to buy.

Fall: Less Competition, Better Deals

Once school starts, the housing market tends to cool down. Fewer buyers means less competition, and sellers who listed in summer might be more willing to negotiate. You’ll still find a variety of homes on the market, and you might score a better deal. Plus, moving in fall often means more availability for movers and contractors.

Winter: Fewer Listings, Lower Prices

Winter is traditionally the slowest season for real estate, but that’s not necessarily a bad thing. Sellers who list during the winter are often motivated to sell quickly, which can translate into lower prices and better terms for buyers. If you don’t mind a smaller selection and can navigate the occasional snow-covered driveway, winter can be a smart time to buy.

Selling a Home: Timing Your Sale for Success

Spring: Showcase Your Home’s Best Features

Spring’s blooming flowers and longer days create the perfect backdrop for selling a home. Curb appeal is at its peak, and buyers are eager to start their search. If you’re looking to sell quickly and potentially receive multiple offers, spring is your season—just be prepared to have your home market-ready.

Summer: High Traffic, High Expectations

Summer brings motivated buyers, often those who missed out in spring. It’s a great time to sell if you’re prepared for quick negotiations and can accommodate fast-moving timelines. Staging your home to highlight summer features—like outdoor spaces—can make your listing stand out.

Fall: Serious Buyers, Smooth Closings

By fall, buyers tend to be more serious about finding a home before the holidays. While there might be fewer showings, the buyers who do come through are often ready to make an offer. With less competition from other sellers, your home might stand out more.

Winter: Niche Market, Motivated Buyers

While winter has fewer buyers overall, those who are house hunting are often on tight timelines—whether due to job relocations or other personal circumstances. Pricing your home competitively and ensuring it’s warm and inviting can lead to a successful winter sale.

 

How to Decide What’s Best for You

Ultimately, the best time to buy or sell a house depends on your personal situation. Are you looking for the widest selection, the best deal, or the fastest move? Here are a few tips to help you decide:

 

• For Buyers: If you’re flexible and want the best price, fall and winter can be ideal. If selection is more important, spring and summer will offer more choices.
• For Sellers: Spring and summer usually bring the highest prices and quickest sales, while fall and winter might require more patience but could result in a smoother process.

Regardless of the season, having the right financing in place can give you an edge. That’s where 1stCCU comes in. Our friendly team can help you explore mortgage options, get pre-approved, and navigate the home-buying process with confidence.

Let’s Make Your Homeownership Goals a Reality

Whether you’re dreaming of buying your first home or ready to sell your current one, 1st Community Credit Union is here to help—no matter the season. Stop by one of our branches in Sparta, West Salem, or Tomah, or visit us online to get started. Together, we’ll find the perfect time for you to make your move.

 

When you turn the calendar to a new year or when you have a change in your life stage, it's a great time to look at your financial situation. By taking a series of thoughtful, disciplined steps you can improve your financial fitness in order to enjoy peace of mind in the future.

1st CCU is fortunate to have several employees who are well-versed in how to budget. Below you'll find 25 budgeting tips and tricks provided by Jim Farone, Loan Processor III for 1st CCU.  Jim has been with 1st CCU since 2020 and he is always happy to share his knowledge with others.

Here are 25 Budgeting Tips & Tricks:

1.    Choose a “Why” 
Identifying your “Why” creates a sense of purpose and direction, making it easier to stay motivated when facing tough financial choices. Whether it's buying a home, traveling, or building an emergency fund, a clear goal will keep you focused.

2.    Set Clear Financial Goals
Setting specific, measurable, and achievable financial goals helps you create a roadmap for your finances. Whether it’s paying off debt, saving for retirement, or building your emergency fund, knowing what you want to achieve will make budgeting easier.

3.    Track Your Spending for a Month
Tracking your expenses will give you an honest look at where your money is going. This step allows you to identify areas where you can cut back and create a more efficient budget.

4.    Choose the Right Budgeting Method – Zero Based Budgeting
Zero-based budgeting means allocating every dollar to a specific category, ensuring that income minus expenses equals zero. This method helps prevent overspending and encourages conscious decision-making about where your money goes.

5.    Use Budgeting Apps
Budgeting apps like EveryDollar or YNAB (You Need A Budget) make it easier to track your income, expenses, and savings goals in real time. They automate much of the work, giving you insights and helping you stay on track without the hassle.

6.    Create Your First Budget
Start by categorizing your expenses and comparing them to your income to see where adjustments need to be made. A simple budget is a great way to begin taking control of your finances and can evolve as your financial situation changes.

7.    Be Realistic with Your Budget
It’s important to set achievable goals for spending and savings. If you make your budget too restrictive, you might give up; instead, aim for a balance that challenges you but doesn’t leave you feeling deprived.

8.    Avoiding Common Pitfalls
Avoid underestimating variable costs or forgetting occasional expenses, like gifts or annual subscriptions. Many newcomers also forget to account for unexpected expenses, which can throw off their budget if not planned for.

9.    Save Windfalls and Bonuses
Treat windfalls like bonuses or tax returns as unexpected found money and not as part of your regular income. These can provide an excellent opportunity to accelerate your savings or pay off debt without affecting your regular budgeting.
 

10.    Set Up A Starter Emergency Fund
A basic emergency fund of $1,000 is a cushion for unexpected expenses. It’s a safety net that can prevent you from going into debt when life throws you a curveball, like car repairs or medical bills.

11.    Use the Snowball Method 
By paying off smaller debts first with the snowball method, you gain momentum and motivation as each debt is cleared. As each smaller debt is cleared, additional funds are freed up to apply to the next smallest debt and so on.

12.    Pay Yourself First / Prioritize Savings
Treat your savings like a fixed expense, ensuring you set aside money for your future before paying for other items. This habit prioritizes your long-term financial well-being and builds savings without you having to think about it. 

13.    Automate Savings and Bills
Setting up automatic transfers ensures that your savings and bills are taken care of without you needing to manually handle each transaction. This reduces the temptation to spend and helps keep your finances on track.

14.    Review and Update Your Budget Monthly
Your financial situation will change, so reviewing and adjusting your budget monthly helps you stay flexible and responsive to any new goals or unexpected expenses. This allows for continuous improvement in your budgeting approach.

15.    Find an Accountability Partner
A friend, family member, or financial advisor can help you stay on track by checking in on your progress and offering support. Sharing your goals can increase your chances of success and create a sense of community around your financial journey.

16.    Look for Ways to Save
Look for local events or free activities to enjoy without spending money. Many communities offer free outdoor concerts, museum days, or festivals.  When shopping, be sure to shop with a list.  Shopping with a list helps avoid impulse buys and ensures you only purchase what you truly need. It’s an easy way to stick to your budget and save money.

17.    Use an Envelope System with Cash for Discretionary Spending
The envelope system involves allocating a set amount of cash to different spending categories. Once the money is gone, you can’t spend any more in that category, making it easier to control discretionary spending. 
 
18.    Setup Sinking Funds for Larger Expenses (Christmas, Car Repairs, Vacations, etc.)
Setting up sinking funds helps you save gradually for larger, infrequent expenses. This prevents these costs from derailing your budget and ensures you're prepared when the time comes.
 

19.    Use the 48 Hour Rule for Online Shopping
Before clicking that Buy button on Amazon, let the item sit in your cart for 48 hours to give you time to evaluate if a purchase is truly necessary, helping you avoid impulse buys. By delaying gratification, you ensure that your purchases align with your long-term goals.

20.    Invest for Your Future
Take full advantage of employer-sponsored retirement plans, especially if they offer matching contributions. Matching contributions is like earning 100% interest on your money!  Aim to invest 15% of your income to build wealth for the future.  If you can’t do 15%, don’t worry.  Start smaller and work to increase your contributions by 1% or 2% per year.

21.    Review Your Budget Annually and Adjust for Inflation
Inflation can impact your purchasing power, so it’s essential to adjust your budget yearly to reflect the rising cost of living. This ensures that you remain financially healthy even as prices increase.

22.    Always be Learning! 
The more you educate yourself about personal finance, the more confident you’ll feel making informed decisions. Regularly consuming content from financial experts keeps you up to date on the latest strategies and trends.

23.    Share Your Journey 
Talking about your financial goals can reduce anxiety about your situation. Whether it's with friends or online communities, sharing your journey can bring support and open up valuable discussions.

24.    Celebrate Small Wins 
Celebrating milestones, like paying off a credit card or hitting a savings goal, reinforces positive behaviors. Challenges like a “no spend” month can push you to improve your habits and make budgeting fun.

25.    Build Healthy Financial Habits
Consistency is key in building strong financial habits. By focusing on small, achievable changes and sticking to them over time, you can create a solid foundation for long-term financial success.