Stemming the Red Tide

"Credit union employees can, like the rest of the population, find themselves drowning in debt. Credit union managers must try to balance the reputation of their organization with support for the employee.

Old Ben Franklin’s witticism that there are two sure things in life – death and taxes – still holds true. But maybe he should have added a third: deb t...

For some, meeting those monthly payments, which can multiply exponentially, is a shaky balancing act. Piano lessons, hockey equipment, or a hike in gas prices are just the minor, but unexpected, expenses that can upset a precarious budget. The loss of a job in the family,
a leaky roof, or other major expense can catapult a person with what was manageable debt into
financial woe."

by Laureen Griffin

< Previous . Next >