Destination: Financial Freedom

May 15, 2021

Personal loans are gaining popularity by the day. They’re the fastest-growing type of consumer debt. If you’ve never applied for a personal loan, you may have already asked yourself the question: What are personal loans used for? We’ve all been in situations where we have found ourselves in need ...

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It’s an unfortunate fact that many of our veterans returning from tour arrive at their doorstep with a suitcase full of struggles. From mental health to financial concerns, a post-military life can be extremely challenging for many. While there are resources available for veterans to turn to, ...

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The COVID-19 pandemic has brought unprecedented change to the financial sector, and the mortgage industry has not been spared. As mortgages are the most important asset on lenders’ books, lenders are being extra careful when determining who they should loan to, making it more challenging for ...

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Help kids save money with these teaching tips If you want to teach kids money management and the importance of saving, it doesn’t hurt to start early. Research shows that children grasp how money works as early as age 3. By age 7, they begin to hone money habits. Plus, many adults say they would ...

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Having a family is incredibly rewarding, and it’s one of life’s main goals for many people. However, before starting a family, it’s important to make sure that you are financially ready to take on such a challenge. Having a family is an endless joy, but it is becoming increasingly ...

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If you own a home, chances are you want to make some upgrades or renovations at some point. After all, you want a space that works for your specific needs. From new countertops to a fresh coat of paint in the bedroom, there are a variety of home improvement ideas to consider. While these ...

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The era of the average income being enough to fund a household is long gone. Even before the events of 2020, it was extremely challenging for a working couple to afford the classic family setup (a stable home, food on the table, money for entertainment), and even harder for one-income families to ...

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A new financial outlook for a new year If you've wondered where your hard-earned money goes, you’re not alone. After all, it’s easy to spend money—monthly bills and weekly groceries are on a continuous cycle. And you can buy just about anything with the swipe of a credit card. For some people, ...

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Get help setting goals and sticking to budgets If your 2021 resolution includes some sort of financial goal, you are not alone. According to a recent survey, more than half of Americans will make a money resolution for 2021, many with the goal of reducing debt or becoming debt-free. Whether your ...

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On the surface, working from home is a dream. No more daily commutes, we can wear whatever we want while on the job, our productivity is (mostly) better, and most importantly, we can bond as much as we want with our kids. However, kids demanding a piggyback ride while you’re in the middle of a ...

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Buying a home with no down payment: Too good to be true? If you’ve ever looked into buying a home, it’s possible that one of the things preventing you from making the leap is the down payment. Which means you might be wondering: Is there a way to get a zero-down mortgage? The short answer is, ...

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A new mortgage refinancing fee, known as the “adverse market fee,” is just around the corner—and it has caused both concern and confusion among many homeowners. As interest rates have again declined and homeowners look to save money through refinancing, many questions have arisen with the advent of ...

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Small businesses are integral to the nation’s economy. Many shops, restaurants, gyms, and retail stores temporarily halted operations when the pandemic hit. A few companies had no choice but to lay off the majority of their staff and even shut down completely. The past months may not have been the ...

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Home buyers often start with a quick search for real estate in their desired location, and once a home piques their interest, they move into looking for mortgage loans. Navigating the mortgage options available to you should start before viewing your dream house. A pre-approval allows you to ...

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Unfortunately, student loan scams are out there. They target people who are already struggling financially and make their situations much more difficult. If you are looking for student loan protection in Bergen and Passaic County, we can help you. One of the best ways to protect yourself from ...

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Helping you understand how mortgage refinancing works While there are a number of reasons you might be looking into mortgage refinancing, from lowering your payment to using equity to make repairs to your home, you likely have questions about whether it’s right for you and how the process can ...

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Find out if a debt consolidation loan is right for you Debt. Sometimes it’s used to get what we want—a new car, a house. And sometimes it’s used to pay for what we have to—medical bills, home or auto repairs. No matter how it’s used, debt has become part of the fabric of our financial ...

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Have you ever wished you had your auto loan at a more economical interest rate and paid much smaller monthly payments? You are not alone. With the pandemic taking a toll at our financial situations and with the rising costs of cars (38% to 70% in the past ten years), lower to middle-class ...

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With the shutdown of countless businesses as a result of the COVID-19 public health crisis, an estimated 1 in 10 Americans finds themselves out of a job, and many in our own community now struggle to pay their daily living expenses. If you’re looking for ways to borrow money to get you through this ...

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How to protect yourself from online fraud As if we didn’t have enough to think about during this uncertain time, now, some people are using COVID-19 as an opportunity to create scams, hoping we act upon our fears surrounding the coronavirus. Whether you’re already aware of these online scams, ...

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The Greater Alliance Hopes and Dreams Foundation has donated $3,500  in support of The Valley Hospital Foundation, Holy Name Medical Center Foundation, Hackensack University Medical Center Foundation, The Foundation supporting Bergen New Bridge Medical Center, St. Joseph’s Health Foundation, CUMAC, ...

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Volatile times may leave you feeling unsettled and concerned about finances. You may be wondering how secure your job is or how you’ll make bill or loan payments on time, especially if you find yourself laid off or unemployed. Greater Alliance knows that managing your finances is more essential ...

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We would like to invite you to a free, 30-minute online webinar presented by Beasley Media Group with The U.S. Small Business Administration. Join us on Friday April 10th at 10:30am for Financial Relief For Small Business Owners: The Road Map. It will be a timely and relevant discussion of how ...

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We are excited to announce the unveiling of our new and improved website. We’ve worked diligently to craft a site that reflects our mission to guide our members on their financial journey, wherever that may be.  Highlights of our new website include: Guided Content – Product pages have ...

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It's not too late to make a New Year's resolution to become debt free in 2020. The simple, fool-proof method for paying off debt If it seems like you’ve always been in debt and there’s just no way to get out, take heart: There is a solution to becoming debt free. Can you imagine a life ...

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How to Save for the Unexpected Your furnace stops working during the coldest time of the year. Your car springs an oil leak that will take hundreds of dollars to fix. You lose your job when your employer decides to downsize. Life is full of big mishaps like these. That’s why building an ...

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Setting up a Simple Savings Account Creates Financial Literacy for Kids In a world of direct deposit, online bill paying and credit cards, opening a savings account for your child is an ever-more-critical tool for teaching them the A-B-Cs of 1-2-3s. As your child grows from newborn to new ...

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HACKENSACK, NJ -- The Greater Alliance Federal Credit Union, which has roots in Hackensack dating back more than 80 years, and also as a branch in Paterson, will operate out of a new headquarters in the city in two years. On December 4, city officials and members of the credit union's board of ...

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6 Things to Consider Before Applying Cash flow issues, buying new equipment, expansion, more inventory for the busy season, or reinforcement of manpower, are just some of the reasons why business owners consider getting a business loan. But, it shouldn’t be done hastily. You need to assess ...

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Where Should Your Money Go? Running a startup requires a lot of financial savvy. Barring the unlikely backing of a billionaire, you don’t have the budget to throw money at every obstacle ahead of you, so you need to know how to invest wisely in the future. Make smart decisions, and your company ...

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