The United States has more than 4,800 credit unions with total assets amounting to $2.14 trillion. Meanwhile, nearly 88,000 credit unions have served more than 393 million members worldwide as of 2021. With such numbers, operating credit unions is no longer a small-scale cooperative venture. Decision-makers must adequately plan and strategize to guide their organizations […]
Retirement Scams: How You Can Protect Your Money
Many types of retirement scams make consumers vulnerable. Retirement scams are often the most financially devastating frauds to retirees. The Federal Trade Commission (FTC) reports that roughly 10% of seniors in America have been victims of financial fraud or abuse. That’s a troubling statistic when you consider that most of these crimes go unreported because […]
Why Financial Literacy Is So Important for Women
Financial literacy is critical for men and women alike. However, financial education is necessary for women to make informed decisions about their money. When it comes to women and money, there are many challenges. Here are some facts: Women are less likely than men to feel confident about understanding financial issues. A recent […]
Generation Z women are learning about finance and why it is important
The times are changing! It’s no secret that Gen Z is the generation of change—they were born into a rapidly evolving world. Gen Z women are setting themselves up for success by learning about finance and why it’s so essential in life. This generation proudly prioritizes financial literacy and is three times more likely to take […]
FFG is attending T3 2023
We are excited to participate as a Gold Sponsor and Exhibitor at the T3 Technology Tools for Today conference from 3/12-3/15. Financial Fitness Group’s CEO, Patrick Quirk, will be joining a well-rounded panel of industry thought leaders that include Suzzane Siracuse, CEO of Suzanne Siracuse Consulting and Savvy Ladies Board Member, Cheryl Nash, CEO of Financial […]
Reporting Investment Income on Your Federal Tax Returns
It’s officially tax season! Did you know that all income, whether earned from work or resulting from investments, is subject to tax reporting and taxation? Financial institutions send annual informational tax returns to the IRS and individual taxpayers showing income to the taxpayer. To help taxpayers complete their income tax return forms, the IRS […]
2023 LAUNCH Conference – Carolinas Credit Union League Recap
Financial Fitness Group was excited to have our business development representative, Bradford Tate, represent us at this year’s Carolinas Credit Union League LAUNCH 2023 Conference. We were honored to participate in expanding our passion for connection and learning from other industry professionals. In this conference, we discussed the genuine need for financial wellness and the value FFG brings […]
In The Suite: Trailblazing and Breaking Barriers with Tricia Rothschild
Thank you, Tina Powell, for featuring our board member Tricia Rothschild. It was an exciting episode that mentioned our platform at Financial Fitness Group and all our offerings. Tricia is a trailblazer and goes into depth to discuss the evolution of fintech and women being a part of the industry. At 37 minutes, she mentions […]
This Valentine’s Day, Fall in Love. Don’t Fall for Scams.
We’ve heard the phrase “blinded by love” before, but don’t be blinded to the point that you fall into debt. In 2021, consumers lost a record $547 million to romance scams, according to a report from the Federal Trade Commission—and that’s just among those who report it. Older people are common targets for romance scams. Scammers […]
Rising Interest Rates — A Challenge for Both Credit Unions and Their Members
Credit unions are mission-driven organizations that serve their members to help them achieve financial wellness. But with high interest rates, it’s important for credit unions to work with their members to fully understand the impact that a high interest rate environment can have on their financial lives. Credit unions are among the most popular […]