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Education Articles

Whether you're simply financially curious or have a specific goal in mind, you've come to the right place. Check out the most recent articles just below or filter by category using the dropdown.

Education Articles

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10 Tips for Finding the Right Contractor

The pool of independent contractors is deep, so do your homework for a good fit. The time has come. You just can’t look at your outdated kitchen with mismatched appliances, countertops, and cabinets any longer. You’ve watched endless YouTube videos on kitchen remodels. Do you  hire a professional or do it yourself ? Will you need a  home equity...
Owning a Home

6 Steps to Prepare for Your (Financial) Future

Small steps and helpful tools—like the right savings account (they’re not all made equal)—can help you get ahead. For those closer to the start of their financial journey, planning for the future can seem daunting, or maybe even unnecessary. But wherever you are in life, it's never a bad idea to take stock of your finances with an eye toward...
Planning Your Future Forming Money Habits

Demystifying Financial Terms: APR & APY

For better or worse, acronyms and initialisms have become commonplace in normal conversation. When was the last time someone said they watched the game on the Entertainment and Sports Programming Network (ESPN)? Or was asked for their Personal Identification Number (PIN) or Zone Improvement Plan (ZIP) code? In financial circles, you’ve likely...
Planning Your Future Forming Money Habits

Priced Out of An Upgrade? Rising Home Values Mean You Have Options

Home values continue to skyrocket in the United States, especially in Oregon. On the surface, this is great news for existing homeowners (who can argue with extra equity?). But if you’re a homeowner stretched for space, this also means purchasing a new home may be out of the question. While higher-than-ever listing prices can push upgrading to a...
Owning a Home

Medicare 101: Your Questions Answered

The world of Medicare is complex and can feel overwhelming. It helps to hear from those who live in it—and to start with the basics. Using a broker can help you navigate the ins and outs of Medicare. So, what exactly is  Medicare ? It’s the federal health insurance program for people 65 and older and certain younger people with disabilities or...
Understanding Insurance

Understanding VA Loans

The US Department of Veterans Affairs (VA) offers many financial benefits to military veterans. One of the more significant benefits is a VA mortgage loan. How does a VA loan work? And how is it different from a conventional mortgage? At its base level, a VA loan allows veterans and their families to purchase a home at a lower interest rate...
Planning Your Future Owning a Home Knowing Your Payment Options

Your College Buying Guide

Simplify the transition to dorm life. After a year of virtual learning, most universities will resume in-person classes this fall. But don’t wait till the week before to gather all of the essentials you’ll need for your new college life. This guide will help you with that essential packing/purchasing list, giving you plenty of time to gather wha...
Planning Your Future Forming Money Habits

Defending Against Identity Theft and Credit Fraud

When an individual’s identity is stolen, the victim’s financial health can be damaged and can take months, or even years, to repair. Fortunately, there are steps you can take to prevent yourself from becoming the next victim. Sign up for SELCO Online Banking . Once you’re set up, enable  online banking alerts . With these settings enabled, you’l...
Protecting Your Information

Debt Snowball vs. Debt Avalanche

Ever noticed how much easier it is to fall out of shape than to get into shape? The same can be said (albeit the exact opposite) about getting into (too easy) and out of (pretty hard) debt. There are many ways to dig out of debt—some extreme and unlikely, like winning the lottery or inheriting a pile of money. Chances are pretty low that either ...
Planning Your Future Forming Money Habits Knowing Your Payment Options

True or False: Money Edition

When it comes to the topic of money, it’s not always easy to tell reality from myth—even when you’re expected to be financially independent. The good news is, it’s never too early (or too late) to learn. Let’s see if you can spot the fact from the fiction.  The U.S. dollar is the most commonly used currency in the world. True. It’s even sometime...
Forming Money Habits
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