Curbing the Impulse Buy

Have you ever come home from a needed shopping excursion only to find that you didn’t come home with the things you set out to buy?  Or worse yet, you bought something that doesn’t fit within your comfort zone but on impulse, you bought it anyway? This is the case for a lot of us.  […]

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Talking Finances with Teens

Money Talk with Teens Have you ever wondered how to teach your kids financial responsibility?  How do we prepare our kids to save for the future and to budget, without scaring them with our own problems?  Financial independence and living a debt free life is one of the key elements of happiness.  Money cannot buy […]

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Can a Budget App Help You?

Money App Graphic

Budgeting can be a challenge for a lot of us.  We, as Americans, don’t save nearly as much as we should and with all of the gadgets available that connect us to the world, these gadgets increase the cost of living.  For instance, could you live without your internet connection?  Could you live without your […]

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How Men and Women Manage Money Differently

Over the last century or so, society has made tremendous strides toward gender equality on every level — and this includes basic money management. Today’s culture has further narrowed the gap between the sexes, and the caricatures of the “overspending wife” and “overworked husband” have nearly become extinct. Despite society’s advancements, there are still significant […]

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Home Loans

At American Southwest Credit Union, we provide a variety of products and services to meet your specific financial needs and in the most ideal ways possible. One such example is our home loans. Let’s take a closer look at this product and how its application process works. What is a home loan? A home loan, […]

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Putting Your Affairs in Order

Q: I know it’s important to have my financial affairs in order, especially when approaching an advanced age, but it is all so overwhelming. How do I go about this task? A: No one knows when their time will come, so, it’s best to be prepared at any age. Also, a debilitating illness or car […]

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Mistakes First Time Home Buyers Make

two people buying home in Cochise County Arizona mortgage through American Southwest Credit Union

Q: My husband and I have been renting an apartment since we got married. We recently decided to buy our first home. Some friends of ours had lots of trouble with the process, and wound up buying a house they can’t really afford. We don’t want to go through what they did. What can we do […]

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What does Prime Rate mean?

Prime rates

Q: What is the prime rate and why does it matter? A: The prime rate, or prime, is the current interest rate that financial institutions in the U.S. charge their best customers. How is the prime rate determined? The Federal Reserve System, which is the central bank of the United States, sets the federal funds […]

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The Ultimate Shopping Cheat Sheet

Shopping during the week

You’ve already perfected your monthly shopping schedule to get the best possible prices throughout the year: linens in January; luggage in March; household appliances in May; patio furniture in September and wedding dresses in December. But, did you know you should be timing your shopping throughout the week as well?  That’s because each weekday brings […]

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How Much Should I Invest In Retirement?

two people looking at computer

Experts recommend allocating 15% of your monthly income toward retirement. Before you start exploring your options, though, you will need to set a goal, or a target number.  This number will represent how much you need to have saved for living comfortably and independently throughout your retirement.  A good way to set a target number […]

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