Financial wellness isn’t just about money. While the numbers in your bank account may be the most obvious bill of financial health, they don’t tell the full story. Your everyday confidence, impulse control, self-care strategies, and even physical activity all play a part in your holistic financial wellbeing. In our latest Wallet Wisdom podcast episode, Producer Brett spoke with LMCU Financial Wellness Coordinator (and former Teller) Tiarra and LMIA Administrative Assistant (and LMCU Wellness Champion) Stevie to better understand just how all these moving parts work together as building blocks for healthy money habits.
You always hear, “don’t put all your eggs in one basket,” and the same applies to your nest egg. Spreading your money between different types of accounts allows you take advantage of the unique earnings and access that each offers, which then makes it easier to save for future purchases and plan your big financial dreams.
If you've been eyeing that kitchen remodel, bathroom refresh, or backyard project for a while now, you're not alone. Americans spent over $500 billion on home renovation in 2025.* The question isn't whether to do it. It's how to pay for it.
Let's be honest: the phrase "CD laddering" sounds like something you'd need a finance degree to understand. You don't. It's actually one of the simplest savings strategies out there. And once you get it, you might wonder why nobody explained it sooner.
Tax season has a way of sneaking up on all of us. For some, a refund feels like a welcome surprise — a little bonus from the universe. But as this week’s Wallet Wisdom episode reminds us, treating your tax return like “fun money” can mean missing out on some powerful financial opportunities.
The start of a new year has a way of making us pause and reflect — especially when it comes to our finances. After holiday spending, rising costs of living, and the realities of everyday expenses, many of us find ourselves asking the same question:
Nobody hands you a manual when you graduate high school. One day you're worried about homework. The next, you've got rent, a car payment, insurance, groceries, and a credit card offer showing up in your mailbox.
Featuring Guest Patty Corkery, President & CEO of Michigan Credit Union League
Most people think banks and credit unions are basically the same but they’re not. One is built to serve shareholders. The other is built to serve you.
What is DTI ratio?
Before you can improve your DTI ratio, it helps to know what a DTI ratio is. DTI stands for debt-to-income. It’s a comparison of your monthly debt payments versus your monthly income. Your calculated DTI ratio is used to help lenders get an idea of how well you manage monthly expenses, which helps them determine if you’ll be able to repay a loan.
Presented by Lake Michigan Credit Union’s Wallet Wisdom Podcast
With Host Brett Christiansen and Guest Savannah, Girmscheid, LMCU Financial Wellness Manager
