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Financial Education

Explore financial tools, tips and lessons that work.

Welcome to LutheranFCU Financial Education, a place built to help you grow in confidence and clarity with your money. We believe good financial habits matter, and we take seriously our responsibility to provide practical resources that help you manage what you have well. Explore short, animated lessons, plus articles and infographics, all designed to give you simple next steps you can use right away. It is another way we help you be good stewards of the gifts God has given you.

Financial Education

Welcome to LutheranFCU Financial Education, a place built to help you grow in confidence and clarity with your money. We believe good financial habits matter, and we take seriously our responsibility to provide practical resources that help you manage what you have well. Explore short, animated lessons, plus articles and infographics, all designed to give you simple next steps you can use right away. It is another way we help you be good stewards of the gifts God has given you.

It’s a Money Thing trailer

Check out the trailer for the It’s a Money Thing series of videos!

It’s a Money Thing topics

 

Topic 1: Budgeting Basics

This lesson introduce some overarching concepts that can be applied to any budgeting system and illustrate that budgeting should come from a place of confidence instead of a place of guilt.

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Topic 2: Building a Budget

This lesson breaks down the simple 50/30/20 rule and shows how to balance needs, wants, and savings, even when life doesn’t fit perfectly into neat categories.

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Topic 3: Breakdown of a Credit Score

Ever wonder what your credit score actually means—and why it can change the interest rate you pay by a lot? In this quick, fun lesson, Credit Squirrel breaks down the 300–850 score range and the five biggest factors that shape your number: payment history (35%), credit utilization (30%), length of credit history (15%), new credit (10%), and credit mix (10%).

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Topic 4: Boost Your Credit Score

Want a better credit score without the confusion? Credit Squirrel is back with 7 smart (and simple) tips to help you build stronger credit — from paying on time and keeping balances low to using credit wisely and avoiding common mistakes. If your credit score could use a little love, this quick video is packed with practical advice you can start using right away. Watch now and let Credit Squirrel help you get your score in tip-top shape!

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Topic 5: Let's Talk About Taxes.

Want to understand taxes better? Ever wondered why your paycheck is smaller than the amount you actually earned? In this short, lighthearted video, Jen learns how taxes, withholdings, and deductions turn gross pay into the net pay that ends up in your pocket. Watch to get a quick, easy explanation of where your money goes—and why it all actually makes sense.

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Topic 6: Demystifying Mortgages

Looking to buy a house? Buying a home is exciting, but mortgages can get complicated fast. This video breaks down fixed-rate vs. adjustable-rate mortgages, APR, and amortization in a simple, approachable way so you can better understand what you’re signing up for.

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Topic 7: Owning vs. Renting a Home

Is buying a home really more “grown-up” than renting? In this fun Financial Education Friday video, Doris and Jen break down the real pros and cons of owning vs. renting so you can make the choice that fits your life, not just the stereotype.

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Topic 8: Living on Your Own

Rent is only the beginning. If you’re preparing to live on your own, make sure you’re ready for the many costs that come with it — and learn how a simple weekly “bill time” can help you stay ahead.

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Can’t wait for more?

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