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Featured Finances

The Grocery Store Can Have a Big Impact on Your Budget

by Chris O’Shea* Believe it or not, the grocery store can be a destroyer of budgets. Yes, the seemingly small choices you make at your local spot can have a big impact on your finances. Especially now. According to a study of grocery shopping habits during the pandemic, 31 percent of respondents said they “almost […]

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Finances

3 Things to Know Before Shopping for a New Car

So, you want a new set of wheels? Don’t want to repeat the mistakes of the last time? Below we share 3 things to know before shopping for a new car. There are many things to consider before purchasing ANY car, but a NEW car purchase provides a few different questions. There are pros and […]

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Featured Finances

Tax Tips in the Age of Corona

By Jean Chatzky* Everybody breathe. You’ve just been given a month’s reprieve, thanks to the IRS. Because the agency is mired in paperwork, the deadline to file federal and state income taxes has been moved back until May 17. Still, there’s no time like today to get your paperwork in order and get to it. […]

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Finances

Information about 2021 Economic Impact Payment

With the new American Rescue Plan Act of 2021, you may have questions about the latest Economic Impact Payment. Mid Oregon Credit Union has assembled some information and resources to assist our members and the community. The 2021 Economic Impact Payment differs slightly from the past two stimulus payments. Changes include: Eligible households should receive […]

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Finances

The Case for Married Couples to File Joint Tax Returns or Separate Tax Returns

By Chris O’Shea* The annual tax season comes with a question for married couples: Do you file jointly or separately? While most married couples file together, there are some reasons you might want to consider filing separately. Here’s the case for both methods. Why You Should File Jointly Lower tax rate. Typically, married couples who […]