Local Kids Learn About Saving Money

EUGENE, Ore. — April is Youth Savings Month–that’s why two local businesses teamed up Friday to give kids a lesson in banking. About 20 children from St. Vincent de Paul affordable housing took a field trip to the Oregon Community Credit Union branch on Coburg Road. The kids got a full tour, including a look … Continue reading »

Taking Advantage of Year-End Savings

EUGENE, Ore. — With the start of 2014 just hours away, many people spent Tuesday trying to save a few dollars before the end of the year. Louise Brown, Financial Manager for Oregon Dental Care in Eugene says the last two weeks in December are pretty crazy. “Extremely busy. Each year, people wait ’til the last … Continue reading »

Minimum Wage Increase In 2014

Eugene, Ore– When we ring in the New Year, about 100,000 Oregonians will see a boost in their paychecks. The state’s minimum wage is increasing 15 cents an hour to $9.10. The increase is to compensate for inflation. It’s a late holiday gift for thousands of workers. “I’m excited of course, a bigger paycheck is … Continue reading »

Food Workers Rely on Public Assistance

(CNN) — More than half of fast food workers receive some form of public assistance because their wages aren’t enough. Those are the findings according to a University of California Berkeley Labor Center and University of Illinois study. The report estimates that the public aid these workers receive equals about $7 billion in taxpayer money. … Continue reading »

Credit Union Teaches Kids About Money

EUGENE, Ore. — A local credit union is giving out free money boxes that are meant to teach children about being responsible with money. They’re called moonjars. Each moonjar is made up of three different boxes labeled spend, save, and share. Northwest Community Credit Union has 10,000 of the money banks to give out, and … Continue reading »

Many Americans Don’t Plan to Retire

WASHINGTON — (CNN) A new study shows that nearly one in eight workers expect they will never be able to afford to retire completely. The new report, done by HSBC, looked at 16,000 people in 15 countries and studied their finances – most importantly their saving for retirement. It paints a gloomy picture, showing that retirement … Continue reading »

Eugene Budget Talks Bring More Questions

EUGENE, Ore. — Another lengthy discussion during the Eugene city budget meeting Thursday night brought about some ideas, but concerns still linger. Councilors are still going back and forth about how to avert pending cuts to city services. There was a popular recommendation made, but it only provides a temporary fix but could save services … Continue reading »

City Holds Another Public Budget Meeting

EUGENE, Ore. — The city’s budget committee will continue discussions Thursday night as it figures out a way to fill an estimated $6.3 million shortfall. Last week, City Manager Jon Ruiz proposed $5.3 million in cuts to various city services, including libraries, fire, police, parks and recreation. The service cuts currently on the table aren’t … Continue reading »

Budget Committee Considers Options

EUGENE, Ore. — While a majority of Tuesday night’s city budget meeting was spent giving public comment, there was a little time left over for a discussion about funds. Committee members talked about the possibility of using one-time funds to prevent immediate cuts. The money would come from potential PERS savings or drawing on reserves. … Continue reading »

Cutting Costs as a Wedding Guest

(CNN) — When wedding guests receive an invitation, they’re excited for the happy couple but might be concerned about the costs. The latest American Express Spending and Saving Tracker Survey found 30 percent of adults will be attending one or more weddings this year. That means one or more occasions for celebrating and spending. Wedding … Continue reading »

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