Consumer Information

• Most people carry ATM cards*
• Figuring dividends at tax time*
• New-looking kitchen cabinets the inexpensive way*
• Did you receive a substantial tax refund last year*

Most people carry their ATM card or credit card in a wallet or purse. These cards have a magnetic strip on them that carries information about your account and gives you access to automated teller machines. If you place a magnet near the cards, the data on the magnetic strip may be erased. As these cards are used for emergency cash, you don't want to be surprised by having the information disappear. If you find the card is not working, apply for a new one immediately.

Come tax time, when figuring the dividends you received last year, make certain you do not add in the dividends from your IRA. This can be an easy mistake to make, especially if you receive all your dividend information on one statement.

Looking for an inexpensive way to make your kitchen cabinets look like new? Instead of replacing sturdy but homely cabinets, purchase new doors, drawer fronts, and hardware to fit the existing framework. Attractive home makeovers need not be costly and neither do home improvement loans. See your credit union today for a low-interest loan for home improvements.

If you received a substantial tax refund last year, you might want to take a good look at your money management techniques. Put your money to work for you instead of letting the government use it interest-free for 12-17 months. To do this, consider increasing the number of allowances claimed on your W-4 form. Match your actual tax liability with your tax withholding and put the difference between what you paid last year and the new amount into your credit union share account.

* Source: Dollars, Sense, and You. Pacul Services, Inc.