Author: Teresa Chew

Ask a financial coach: What types of savings buckets should I have?Ask a financial coach: What types of savings buckets should I have?

July 12, 2024July 12, 2024| Teresa ChewTeresa Chew| 0 Comment| 4:04 pm

Saving Money is hard. We get it. The truth is, most of us never feel like we have “extra” cash lying around that we can just hide away in a savings account. So, if you’re wondering how to start, congratulations. That’s an important first step to creating a budget and savings plan to help you manage your financial future.

GIVE YOUR MONEY A JOB

Look at the money you have and give every dollar a single job. Set money aside money for bills, groceries, gas, energy bills, utilities, and phones—all your monthly expenses. As you track your spending, you’ll see where the money goes and get a clear picture of what’s left for non-monthly expenses.

Paying closer attention to your spending habits will also help you identify spending that may not be necessary or important. Can you unsubscribe from some of those streaming service apps? Do you actually use that gym membership? Are those impulse buys on Amazon really that important? As you dial this nonessential spending in, your savings will increase.

Consider the following groups of expenses when it comes to savings:

THINGS YOU HAVE TO SAVE FOR

These are non-monthly expenses that you know will occur at some point. Some of them are entirely predictable, and others are

 not. Examples of both types include:

Predictable Non-Monthly Expenses:

  • Annual car registration
  • Holiday shopping
  • Annual subscriptions

Unpredictable Non-Monthly Expenses:

  • Car repairs
  • Medical and dental bills
  • Vet bills

THINGS YOU WANT TO SAVE FOR

Now that you’ve covered the essentials, let’s get down to the fun. Start by identifying the Things you want to save for. Consider starting small, like saving for new clothing or tickets to a show you really want to see. But you can start planning for a trip to Paris or a ski vacation in Aspen too. Set up your accounts, and watch the balances grow. Your budget can help you make this happen.

Setting up Your Sub-Accounts

Determining your savings categories will help you budget accordingly so you can track your progress and know where you’re at when you need to access funds to pay a bill or deal with a problem. Consider the following categories to start:

Emergency savings

Ideally, setting aside three to six months of income in case of a job loss or disaster would be great. But it’s a lot. A $1,000 emergency fund is a good place to start but consider aiming higher once you get there.

If you’re risk-averse, a bigger emergency fund category can give you more peace of mind. If you have large financial responsibilities like kids or a house that needs maintenance or repairs, a bigger emergency fund might make sense.

Health and medical savings

Set aside funds to cover copays, uncovered balances, prescriptions, eyeglasses, elective treatments, and other cash outlays that health insurance doesn’t pay in full. Consider a health savings account (HSA) or flexible spending account (FSA). Both are designed to help you cover qualified Medical expenses, but they are different.

What is an HSA?

Designed to cover qualified medical expenses, an HSA can either be sponsored by an employer or opened by an individual. To open an HSA, you must:

  • Be covered under a qualified high-deductible healthcare plan (HDHP)
  • Not be covered by Medicare or any plan that is not a qualified HDHP
  • Not be claimed as a dependent

HSA contribution limits for 2024 are $4,150 for single individuals and $8,300 for families.

What is an FSA?

An FSA also allows you to save for medical expenses, but you don’t need to be enrolled in a high-deductible plan to qualify. Your employer only has to offer an FSA benefit. The FSA contribution limit for 2024 is $3,200 regardless of whether it’s for an individual or a Family..

CAR REPAIR OR NEW CAR SAVINGS

This one’s pretty straightforward. If you own an older car that requires regular maintenance, set aside enough to cover expected repairs, oil changes, tires, wiper blades, etc. Consider setting more aside in case a big repair is necessary. There are reliable estimates for annual car repair costs online. You may also consider setting aside funds for a new car down payment if that’s your goal. Calculate the price and decide what you can afford. The larger the down payment the lower your monthly loan payment will be.

Have a question for our Canopy financial coaches? Sign up for a financial coaching session today by clicking the link below. 

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Canopy Credit Union | What types of savings buckets should I have?

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Leading Flags to Express Yourself in America: A Sign of Freedom and IdentityLeading Flags to Express Yourself in America: A Sign of Freedom and Identity

May 18, 2024May 18, 2024| Teresa ChewTeresa Chew| 0 Comment| 12:00 am

As free speech faces challenges in numerous forms throughout the nation, flying a flag comes to be an even more significant act of expression. Here, we’ll discover some of the top flags Americans utilize to express themselves and the key reasons behind this lively tradition.

1. The U.S.A. Flag

The flag of the United States, generally called destiny and Stripes, is perhaps one of the most recognized symbol of American liberty and satisfaction. It represents the nation’s worths, consisting of liberty, justice, and freedom. Many people display the American flag outside their homes, institutions, and businesses to show their national pride and nationalism.

2. Trump Flag

Flags birthing the name, image, or slogans associated with previous Head of state Donald Trump are prominent amongst his supporters. These flags commonly symbolize a particular political placement and are a means for people to reveal their assistance for his plans and management design.

3. Gadsden Flag

The Gadsden flag, featuring a rattlesnake and the phrase “Don’t Step on Me,” is a historic American flag that symbolizes individualism and resistance against oppression. It’s generally connected with the values of independence and caution. Get more info: Gadsden flag origin

4. Military and Cops Flags

Flags representing numerous branches of the armed forces and police are flown to show respect and support for the males and females who offer or have actually offered in these roles. These flags typically decorate houses of service members and their Family members along with public institutions.

5. First -responder Flags

Comparable to army and cops flags, those representing very first -responders like firefighters and emergency Medical technicians are made use of to reveal gratitude and support for these crucial community heroes.

6. Betsy Ross Flag

The Betsy Ross flag, with its circle of 13 celebrities, is thought to be among the earliest forms of the American flag. It is typically flown to pay homage to America’s cutting edge origins and the starting of the country.

7. Historical Battle Flags

Flags from considerable historical problems, such as The Second World War or the Vietnam War, are zipped experts, historians, and fanatics to remember the sacrifices made during these times. Learn more about original gadsden flag

8. Confederate Battle Flags

Civil Battle flags are essential historic signs that stand for the complex background of the United States. These flags are typically utilized in reenactments and educational settings to explore and talk about the issues bordering this turbulent duration in American background.

9. USA Patriot Flag

General patriotic flags are developed with aspects like stars, stripes, and eagles to evoke sensations of satisfaction and patriotism. These are prominent throughout national holidays like the 4th of July or Memorial Day.

10. Revolutionary War Flags

Flags from the American War Of Independence, such as the Grand Union Flag, stand for the struggle for freedom from British rule. They are a reminder of the country’s defend its beginning concepts.

11. “Come and Take It” Flags

This flag, with its historic origins in the Texas Transformation, includes a celebrity, a cannon, and the difficulty, “Come and Take It.” It symbolizes defiance and is a favorite among those who promote for gun civil liberties and personal freedom.

12. Second Amendment Flags

Flags supporting the Second Amendment, which protects the right to maintain and birth arms, are particularly substantial in discussions concerning constitutional rights and gun possession.

13. Amazing and Funny Flag

Lots of people pick to fly flags that are either amazing or funny to showcase their individuality, wit, and individuality. These flags may include popular culture recommendations, jokes, or creative designs.

14. Pirate Flag

Pirate flags, specifically the renowned “Jolly Roger” with its skull and crossbones, are prominent for their daring and defiant spirit. They are commonly made use of at celebrations, in games, or by boating enthusiasts.

Traveling flags in America is a deep-rooted tradition that offers several objectives– from expressing political beliefs and individual worths to revealing assistance for different reasons and teams. As the nation browses via times where freedom of speech is regarded to be under hazard, these flags stand as a testimony to the long-lasting American spirit of expression and liberty.

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Exploring Advanced Features of Washloo Smart Toilets and Electric Bidet SeatsExploring Advanced Features of Washloo Smart Toilets and Electric Bidet Seats

April 27, 2024April 27, 2024| Teresa ChewTeresa Chew| 0 Comment| 12:00 am

Washloo Smart Toilets and Electric Bidet Seats are redefining the standards of bathroom technology with their sophisticated features aimed at enhancing user comfort and hygiene.

Washloo Smart Toilets: These toilets blend intelligent design with hygiene-enhancing technology. Users can personalize their experience by adjusting water temperature and pressure to suit their preferences. A notable luxury feature is the heated seat, which is especially beneficial in colder settings. These toilets often include automated flushing systems and motion-sensing lids that help maintain a clean and fresh bathroom environment. Additionally, many models come equipped with integrated air purifiers or deodorizers and bidet functionalities that include adjustable nozzle positions for targeted cleaning.

Electric Bidet Seats: As a versatile upgrade for existing toilets, Electric Bidet Seats are designed to enhance functionality with minimal disruption. These seats are fitted with multiple wash modes that cater to varying needs, complete with adjustable temperature and pressure settings. A warm air dryer provides a comfortable finish to the cleaning cycle, eliminating the need for traditional toilet paper. Features like self-cleaning nozzles and soft-closing lids add layers of convenience and hygiene, while eco-friendly modes reduce electricity and water usage, supporting sustainable living practices.

Both Washloo Smart Toilets and Electric Bidet Seats are designed to offer an unmatched level of comfort and efficiency. By integrating such advanced features, they ensure a hygienic and environmentally friendly bathroom experience. These innovative products are ideal for those looking to modernize their bathroom facilities with technology that promotes both wellness and convenience.

providing all the necessary resources to make an informed decision about introducing Washloo products into their homes.

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Taking time to save for what’s importantTaking time to save for what’s important

April 24, 2024April 24, 2024| Teresa ChewTeresa Chew| 0 Comment| 12:00 am

Members Sean and Amy B. are intentionally saving for what’s important in their life. Keeping track of exactly where their money goes is important to the couple’s budgeting success and their ability to save up for their goals.

Sean and Amy first became interested in Canopy after driving by a billboard. They were in the middle of a frustrating experience with their previous financial institution and were intrigued by Canopy’s advertisement for its Kasasa Checking accounts.

With the Canopy branch on Francis Ave. in the vicinity of their northside home, they decided to check it out. Both of them appreciate the welcoming atmosphere at the branch.

“Every time I come in to the branch, I get a warm, friendly feeling. And, it isn’t just the coffee. The atmosphere just feels warm and welcome,” Sean said.

At the end of their first month being members, Sean and Amy were pleasantly surprised with the dividends they earned and decided to save those extra funds for one of their goals.

Sean and Amy’s savings strategy? “A dime here and a nickel there,” Amy said.

Using the envelope savings method, Sean and Amy set aside a chunk of change at the beginning of the month for each of their spending categories. If they end up spending less than the allotted amount, they take the extra cash and put it towards remodeling their home.

Five years ago, they found the perfect home in north Spokane in a “neat neighborhood”. They love that their neighbors are from a mix of generations.

“Mostly everybody knows each other,” Sean said.

Now that they have their home, they are building up their savings for home improvement projects.

“Our home is over a hundred years old with floors and an unfinished attic that need some love. That means we need to take time to save up,” Amy said.

When the couple isn’t saving up for their next goals, they keep busy with a variety of passions. Both write fiction and are creating stories for a book series and a podcast.

Sean and Amy’s focus on saving and intentional budgeting allows them to enjoy the things that matter to them.

Canopy Credit Union | Importance of Saving

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What Medical Conditions Qualify For Social Security Disability?What Medical Conditions Qualify For Social Security Disability?

April 23, 2024April 23, 2024| Teresa ChewTeresa Chew| 0 Comment| 12:00 am

Being unable to work due to medical conditions can be very stressful, worrying about how to maintain your life and pay the bills, as well as medical costs. Social Security Disability insurance (SSDI) is there to ensure people do need to find themselves in those situations, but what conditions qualify for SSDI benefits? 

While there is no set and firm answers regarding what conditions are covered by social security disability or not, there are guides and a baseline definition that can act as a rule of thumb:

SSDI recognizes an illness or injury that prevents a person from working for at least a year or that will likely cause death. 

Social Security Disability & the Administration Blue Book

As mentioned, there is a guide the Social Security Administration uses and people can look through to know whether they qualify for SSDI benefits: The Social Security Blue Book. Officially known as the Disability Evaluation Under Social Security, it lists the medical impairments the SSA considers severe enough to prevent someone from working and lists the medical criteria for determining if a person can receive disability benefits.

You can find the Social Security Blue Book here:

Disability Evaluation Under Social Security

Medical Conditions that Qualify for Social Security Disability

If a condition is listed in the Blue Book, it automatically meets the definition set by the SSA and qualifies a person for social security disability insurance. Here are some of the impairments and conditions listed that automatically qualify someone:

  1. Musculoskeletal System: Conditions that affect the bones and muscles, such as back injuries and other dysfunctions of the joints and bones.
  2. Special Senses and Speech: Conditions affecting vision, hearing, and speech.
  3. Respiratory Disorders: Such as asthma, chronic pulmonary insufficiency, and cystic fibrosis.
  4. Cardiovascular System: Including chronic heart failure, coronary artery disease, and recurrent arrhythmias.
  5. Digestive System: Conditions like liver disease, inflammatory bowel disease, and gastrointestinal hemorrhaging.
  6. Genitourinary Disorders: Kidney diseases and other conditions related to the reproductive and urinary systems.
  7. Hematological Disorders: Disorders of the blood, such as anemia, hemophilia, and bone marrow failures.
  8. Skin Disorders: Eczema, burns, and other dermatological conditions.
  9. Endocrine Disorders: Conditions related to hormone-producing glands, such as thyroid, adrenal, and pituitary gland disorders.
  10. Congenital Disorders that Affect Multiple Body Systems: For instance, Down syndrome.
  11. Neurological: Epilepsy, Parkinson’s disease, multiple sclerosis, and cerebral palsy, among others.
  12. Mental Disorders: Such as schizophrenia, autism, depression, anxiety, and intellectual disorders.
  13. Cancer (Malignant Neoplastic Diseases).
  14. Immune System Disorders: Including lupus, HIV/AIDS, and rheumatoid arthritis.
     

It’s important to remember that only being diagnosed doesn’t guarantee approval for disability benefits and that the SSA requires specific medical evidence, and documentation before benefits are approved. 

Secure Your Medical Benefits 

The application process for SSDI is complex, and many applications are denied the first time. When that happens, a person can pursue the appeals process, which many find success with, especially if legal representation has been secured.

Here at Marken Law Group, we understand how stressful getting your rightful SSI benefits can be and don’t want to add to your plate during such an uneasy time. We have represented hundreds of claimants in Washington, Idaho, Montana, Oregon, and California to obtain what is rightfully theirs. We focus on your individual needs rather than treat all cases as the same, bringing our extensive experience to help guide you through. 

If you want to better ensure you get the SSDI benefits you’re owed, contact us below and work with social security attorneys who know how to navigate the system and fight for you. 

Marken Law

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SEO: Ways to Improve Your Website’s Search Engine RankingSEO: Ways to Improve Your Website’s Search Engine Ranking

February 28, 2024February 28, 2024| Teresa ChewTeresa Chew| 0 Comment| 12:00 am

A common myth is that SEO merely consists of inserting content with keywords. Our approach involves a more comprehensive approach to search engine marketing that ensures you are located when potential customers are ready to buy.
In contrast to PPC advertising, SEO is a long-term strategy that delivers a return on investment for periods of weeks, months, and even years after you cease payments. Such is the actual benefit of SEO services.

Keyword Investigation


Keyword research is a crucial element of website SEO and is a practice those in the field of digital marketing in Augmentum-Digital have perfected. Not only does it aid search engines optimise content, but it also helps comprehend the purpose of searches by your target audience and the best approach to reach them best. There are many reasons why researching keywords is so crucial. Still, the most fundamental is that it determines what keywords and phrases your target audience will use when looking for a particular offering or item on the internet.
Whether you are running an e-commerce business, or just wish to get discovered by locals searching for lawn care service, the right keywords will make all the difference in your success. Using inappropriate keywords can result in an incongruity between your content and your audience’s requirements, eventually leading to low conversion rates and a less effective marketing campaign.
Keywords should also be thoughtfully chosen for pertinence, competitiveness, and the user’s experience. While it is tempting to choose keywords with high search volume with significant search traffic, this can often prove unproductive, as they might not lead to conversions and could pose ranking difficulties.

On-Page SEO


On-site SEO aims to guarantee that your web pages are optimized to appear in search results for specific keywords. This involves several processes, including content optimisation, optimizing title tags, and meta description optimisation. These elements are vital to the effectiveness of your search engine optimization efforts, as they can significantly impact your position in search engine results.
SEO can assist your business reach customers ready to buy by focusing on highly relevant keywords. They also employ efficient tactics to build trust and reputation for your brand. Utilizing diverse platforms, such as social networks and content creation, can help you developing your brand’s image and stimulate expansion.
SEO is an important part of any online marketing strategy, but it can be complex. Selecting a suitable company can make all the difference in your results. SEO has a team of dedicated professionals who specialise exclusively in SEO and are constantly keeping up with the most recent trends and algorithms. They take a holistic marketing approach, integrating various tactics for optimal efficiency and ROI.
SEO is an optimal method to promote your online presence and draw in relevant visitors to your site. It enables you to compete with the big players in your and get more visibility on search engines. Knowing understanding effective strategies is essential; an expert can help you achieve optimal outcomes.

Building Backlinks


Link building is acquiring links to your website from other websites. These are known as backlinks; having more can help you rank higher in search engines. Though it might appear uncomplicated, managing practical and ethical link-building can be difficult for many business owners.

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Kaua’i House Buyers’ GuideKaua’i House Buyers’ Guide

November 10, 2023November 10, 2023| Teresa ChewTeresa Chew| 0 Comment| 12:00 am

Those who purchase a house for the first time will face numerous difficulties not just having to understand the process of purchasing a home but likewise needing to understand which type of loan matches them the most. Suggestions from well indicating loved ones can be valuable, but buying a house is a significant monetary commitment and you would be wise to inform yourself on the home buying procedure before taking the initial step.

If the representative has no time to talk about the home buying process with you, then keep looking till you find one who will. A home mortgage broker or lending institution can also offer you important info when you choose to purchase a home.

The questions you ought to ask the real estate representative or home loan broker consist of how to make a deal on a home you wish to purchase and the specifics associated with between making your initial offer and the last acceptance of the offer from the seller. Inquire about the settlement costs, the down payment quantity that you might need, and the length of time included between the approval of your offer and the final closing date.

Ensure you understand your credit circumstance and what it suggests to you as far as requesting a mortgage. Deposit requirements and the rate of interest you will receive are straight associated with your credit score. You must know precisely what is on your credit report before starting the house buying process.

Purchasing a house can be difficult at times and that a calm attitude and the ability to cope with any problems that might occur calmly will make the purchase of your very first home a more pleasant experience. Offer yourself the info you take the guidance and require of specialists when you begin the house buying procedure.

When purchasing a Kauai home, this company is very helpful:

 

Purchasing a house can be stressful at times and that a calm attitude and the capability to cope with any concerns that might occur calmly will make the purchase of your very first home a more pleasant experience. Offer yourself the information you require and take the guidance of specialists when you start the home buying procedure.

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Foundation Repair in Texas: Preserving the Stability of HomesFoundation Repair in Texas: Preserving the Stability of Homes

June 30, 2023June 30, 2023| Teresa ChewTeresa Chew| 0 Comment| 12:00 am

 

With its diverse soil composition and extreme weather conditions, Texas is no stranger to foundation problems. Maintaining a solid foundation cannot be overstated, as it provides the stability and integrity necessary for homes to withstand the test of time. This article explores the significance of foundation repair in Texas, examines common causes of foundation issues, highlights warning signs, and offers insights into the solutions available to homeowners.

Foundation Repair in Texas

  • Challenges Posed by Texas Soils 

The unique soil conditions in Texas present significant challenges for homeowners. Expansive clay soils, which shrink during dry spells and expand during periods of high moisture, can exert tremendous pressure on foundations, leading to cracks, settling, and structural instability. Moreover, Texas experiences frequent weather extremes, including droughts and heavy rains, further exacerbating the problem. Understanding the nature of Texas soils is crucial for addressing foundation issues effectively.

  • Recognizing Warning Signs 

Detecting early warning signs of foundation problems is vital for prompt intervention. Common indicators include visible cracks in walls, floors, or ceilings; doors and windows that stick or no longer close properly; sloping or uneven floors; and gaps between walls or windows. Homeowners should be vigilant in observing these signs and consult with professionals if any issues are identified. Early detection can help prevent further damage and mitigate repair costs.

  • Professional Foundation Repair Solutions 

Foundation repair in Texas requires the expertise of professionals familiar with the challenges posed by the local soil conditions. Several effective solutions are available to address foundation issues. One common method is underpinning, which involves installing piers or helical piles deep into stable soil layers to support the foundation. Another technique is hydraulic slab leveling, which corrects uneven concrete surfaces. These solutions are tailored to the specific needs of each property, ensuring a stable foundation for years to come.

  • Preventive Measures 

While foundation repairs are necessary for existing problems, preventive measures can help homeowners protect their homes from future damage. Adequate moisture management around the foundation is crucial. This can be achieved through proper drainage systems, such as gutters and downspouts, to redirect Water away from the foundation. Consistent watering practices for vegetation near the house can also help regulate soil moisture levels. Regular inspections and promptly addressing minor issues can prevent major foundation problems.

  • Selecting a Reliable Foundation Repair Company

Choosing a reputable and experienced foundation repair company is vital to ensure quality workmanship and reliable results. Homeowners should consider factors such as the company's track record, credentials, and customer reviews. Seeking multiple quotes, requesting references, and inquiring about warranties or guarantees are essential to making an informed decision. Homeowners can have confidence in the foundation repair Process by selecting a trustworthy professional.

  • Cost Considerations

Foundation repair costs vary depending on the severity of the issue and the chosen repair method. Homeowners need to consider the long-term value of investing in quality repairs. Ignoring foundation problems or opting for temporary fixes can lead to more extensive damage and higher repair costs in the future. Homeowners can safeguard their homes and potentially save on significant expenses by addressing foundation issues promptly and employing professional repair services.

Conclusion 

Given the challenges of soil conditions and weather patterns, foundation repair is a crucial aspect of homeownership in Texas. Recognizing warning signs, seeking professional assistance, and implementing preventive measures are essential for maintaining a stable foundation. By partnering with reputable foundation repair companies, homeowners can ensure the longevity and value of their homes while enjoying peace of mind in the face of Texas's unique soil and weather challenges.

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