Money Tips
Try our benefits calculator
Try our new benefits calculator. With further extensions to lock downs, including in Liverpool itself – we recognise that many of our members are facing financial hardship. The furlough scheme is changing. People in retail and the entertainment industry are suffering. And it’s likely that there’ll to be worse to come. Some of our members…
Read MoreCutting back on your spending
In a recent survey of members, almost everyone we spoke to said that they wanted to save more. But that can be hard on a low income. Where does the money come from? Cutting back on spending is hard. To help you, here are four tips to help you cut back on spending. Pause big…
Read MoreHow to set a money goal and stick to it
If your New Year resolutions include a money goal, this quick and simple guide will help ensure you achieve your objectives. Perhaps your money goal is to save more, go on a decent holiday, pay down debt or just spend less. When setting a money goal, the SMART approach is best. Your goal should be:…
Read MoreLet’s talk financial wellbeing
Its Lets Talk Money Week. This year’s theme is financial wellbeing. For us, its timely. Earlier this month the Credit Union was selected as one of the finalists in the Affordable Credit Challenge. We will be working with our software partner to develop Financial Health Indicators (FHIs). Covering spending, borrowing and saving, FHIs will be…
Read MoreAn introduction to credit scoring
A credit score is a three-digit number that can determine whether a loan application is accepted. Borrowers with lower credit scores are often charged higher rates of interest. Of course, we don’t do that at Central Liverpool Credit Union. We prefer to see our members as human beings, not numbers. We obtain credit scores, but…
Read MoreA guide to alternative funerals
Following our recent guide to alternative weddings, here’s an overview of alternative funerals ideas. Green and Eco-Friendly Funerals There are lots of alternatives to choose from, including woodland burials, cardboard, wicker, pandanus, willow, banana leaf or bamboo coffins. Other options include tree pods, burial at sea or in your garden. However, there are strict rules…
Read MoreValentines day: alternative wedding ceremonies
With so many wedding and reception venues to choose from, many people are avoiding the traditional church service followed by a reception in a hotel or community hall. Here are a few suggestions for the best alternative wedding venues in Liverpool: Civil Ceremonies A traditional Celtic Handfasting ceremony results in a marriage lasting a year…
Read MoreNew year, new finances
New Year is a great time to take an honest review of recent spending. Here’s a 7 step plan of action to improve your finances durng 2019. Step 1: Assess the situation You’re probably underestimating how much you’ve spent this Christmas. Property website Zoopla reckons four out of ten people do not know how much…
Read More