Welcome to the Financial Wellness Center

New resources each week for the PFCU community.

This Week

Financial Planning for Your Wedding

If you get started early, make informed decisions, and break the wedding planning process down into smaller achievable goals, the planning journey can be nearly as enjoyable as the destination.

Learn More

Featured Topics

Articles and videos from the PFCU team.

Woman with hand under trunk of tree with $ signs as leaves on chalkboard

Financial Health
The concept of financial health is the foundation of any financial plan.

Woman's hand writing out three goals on yellow legal pad.

Introduction to Budgeting
Why budgeting is important, no matter how much money you earn.

Bank Teller dispensing cash under bank window.

Choosing a Bank or Credit Union
Key factors to consider when choosing a financial services provider.

Hand running credit card through credit card machine.

Credit vs. Debit Cards
Credit and debit cards each have pros and cons. When should you use each?

Boy Scout in uniform with hand raised for Scout Pledge. Boy Scouts written above.

Credit Reports and Scores
Credit reports and scores determine the rates you pay when borrowing and can affect your ability to...

Personal Check with pen point on amount box.

Managing Accounts
Account management strategies for checking and savings.

Financial Wellness Courses

Make real progress in less than an hour.

Budget Basics

37 minutes

Get Started

From setting goals to paying off loans, the basics of effective budget management.

  • Setting Goals
    Setting financial goals offers the chance to step back from everyday pressures, allowing us to think about how we’d like to be rather than as how we are.
  • Debt and the Pressure to Spend
    It’s wonderful to have the freedom to buy so many products, but unless you’re rich, the key to happy spending is planned spending.
  • Nudging Yourself Toward Your Goals
    No matter what your financial goal, it's important to have an accountability system in place.
  • Introduction to Budgeting
    Why budgeting is important, no matter how much money you earn.
  • Income and Expenses
    A big part of budgeting is identifying income and listing expenses.
  • Evaluating Your Budget
    After you've identified your income and tracked your spending, it's time to compare the numbers, gain perspective, set priorities, and make changes.
  • Tracking Your Spending
    Tracking your money can be a powerful way to spot unplanned spending.
  • How to Improve Cash Flow
    Cash flow is a key indicator of your financial health.
  • Money Saving Ideas
    Looking for ideas for ways to save money? Almost everyone can find a way to save using at least one of these tips.
  • Generic Post-Course Survey
    This five-question survey measures general satisfaction with any course.

Buying a Car

44 minutes

Get Started

From choosing a make and model to financing a purchase, topics every consumer should understand when buying a car.

  • Buying a Car
    An introduction to the basics of this major purchase and responsibility.
  • Choosing a Make and Model
    A look at four important factors to consider when choosing a car: fuel consumption, insurance rates, reliability, and depreciation.
  • The Total Cost of Ownership
    Understanding the many costs associated with owning a car - from financing cost to taxes.
  • Buy or Lease Decisions
    The pros and cons of leasing.
  • Financing a Car Purchase
    How a loan affects the total cost of buying a car.
  • Evaluating a Used Car
    How to "do your homework" before buying a used car.
  • Negotiating Your Car Purchase
    Effective negotiation could potentially save you thousands on your next car purchase.
  • Setting a Target Price
    How to set a realistic target price for both new and used vehicles.
  • Negotiating Price
    Know what to expect when negotiating the best deal.
  • Avoiding Surprises
    Think the negotiating is finished when you agree on a price? Here's how to negotiate dealer extras and extended warranty pitches.
  • Common Mistakes
    Twelve common mistakes to keep in mind when shopping for a car.
  • Generic Post-Course Survey
    This five-question survey measures general satisfaction with any course.

Financial Basics

36 minutes

Get Started

A money management course that outlines the basics of financial health - from budgeting to insurance.

  • Financial Health
    The concept of financial health is the foundation of any financial plan.
  • Introduction to Budgeting
    Why budgeting is important, no matter how much money you earn.
  • Choosing a Bank or Credit Union
    Key factors to consider when choosing a financial services provider.
  • Credit vs. Debit Cards
    Credit and debit cards each have pros and cons. When should you use each?
  • Credit Reports and Scores
    Credit reports and scores determine the rates you pay when borrowing and can affect your ability to get certain jobs.
  • Managing Accounts
    Account management strategies for checking and savings.
  • Building Credit
    Understanding the decisions and behaviors that can lead to improved credit scores.
  • Identity Theft
    Understanding ID theft and how to prevent it.
  • Financial Goals Exercise
    A goal-setting exercise that includes weekly, monthly, yearly, and long-term goals.
  • Generic Post-Course Survey
    This five-question survey measures general satisfaction with any course.

Financial Planning

32 minutes

Get Started

What you need to know to start making a long-term financial plan, from getting married to planning for retirement.

  • Medical Care Planning
    How to make sure your wishes are followed in a medical crisis.
  • Financial Planning
    Learning the "how" and "why" of short, medium, and long-term financial planning.
  • Estate Planning
    Wills, trusts, and other end of life issues.
  • Creating a Will
    A will is the cornerstone of the legal framework of an estate plan, and everyone should have one.
  • Powers of Attorney
    Everyone faces the possibility of temporary or permanent incapacitation. Make sure your wishes are followed.
  • Talking About Money
    A look at some of the financial considerations of getting married.
  • Planning for the Unexpected
    Planning for unexpected events, including accidents, death, and even the possibility of divorce, are all part of a responsible marriage.
  • Generic Post-Course Survey
    This five-question survey measures general satisfaction with any course.

Financial Trouble

37 minutes

Get Started

What to do if you're in financial trouble, from creating a debt reduction plan to your rights when dealing with debt collectors.

  • Spotting the Signs of Financial Trouble
    Many Americans find themselves in debt, but for some, debt turns into a serious problem with lasting consequences.
  • Dealing with Financial Trouble
    If you ever find yourself experiencing financial trouble, there are steps you can take to get back on track and to minimize the damage to your credit.
  • Debt Reduction Plans
    Whether you do it yourself or work with a credit counselor, creating a debt reduction plan is an important first step for those with financial trouble.
  • Credit Counseling
    The role of credit counseling organizations and how a debt management plan works to restore credit over time.
  • Choosing a Credit Counselor
    The best way to find a good credit counselor is to know what questions to ask.
  • Credit Repair Scams
    There's a big difference between a non-profit credit counseling service and a credit repair scam. Learn how to tell the difference.
  • Debt Collection
    Your rights and responsibilities when dealing with debt collectors.
  • Debt Collection and Legal Actions
    What to expect if you are sued over debt.
  • Understanding Bankruptcy
    The types of bankruptcy and why bankruptcy should be used only as a last resort.
  • Alternative Financial Services
    Understanding why payday loans, check cashing services, and similar services may be bad deals for consumers.
  • Generic Post-Course Survey
    This five-question survey measures general satisfaction with any course.

Having a Baby

35 minutes

Get Started

A look at the financial challenges of raising a child.

  • Introduction
    Having a baby is not just a family decision, it's a financial decision too.
  • Babies and Budgets
    How to get your finances in shape before a baby arrives, including a budget review, paying down debt, making sure you're getting the best on any long-term debt, and creating an emergency fund.
  • Paying for the Baby Years
    The non-childcare costs you can expect when having a baby, from cribs to health insurance.
  • Managing Risks
    Life is filled with unexpected events. Learn how to ensure the financial security of your child in the worst case scenario.
  • Children and Taxes
    A review of the tax benefits that can help you manage the expenses incurred with children.
  • Childcare Choices
    An overview of different childcare choices and the financial implications of each.
  • Growing Up - Childhood and Beyond
    A look at the additional costs of raising a child beyond the first few years including the indirect costs.
  • Generic Post-Course Survey
    This five-question survey measures general satisfaction with any course.

About PFCU

PFCU is a Michigan financial cooperative dedicated to improving members’ lives. As a cooperative credit union, we’re not-for-profit that is owned and run by our members. Our excess profits are returned to members in various forms, such as lower lending rates and higher savings rates, to help them reach their financial goals.


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