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Chris Gottschalk

I am the Marketing Assistant of First Alliance Credit Union. I love learning new things about finance and money, then sharing that information with the community, usually in the form of a blog.

Guidelines Concept. Word on Folder Register of Card Index. Selective Focus.

3 min read

How Long Should You Keep Financial Records?

Ever feel like you’re drowning in paperwork? If you do, you’re not alone. Every month, the average American gets bombarded with a flurry of bills,...

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how to become rich first alliance credit union

4 min read

5 Financial Lessons of Tony Stark

In the world of superheroes, Tony Stark, aka Iron Man, stands out from the rest. Instead of being super strong or firing energy bolts at people,...

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what is the 50 30 20 budgeting method, Elizabeth warren personal budget plan, first alliance credit union

2 min read

What is the 50/30/20 Budget?

When you've put together a budget, you might think that you have a good grasp on your finances. However, knowing where you've spent your money is...

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Different types of savings accounts

3 min read

Different Types of Savings Accounts

You probably know that credit unions and banks offer checking accounts and savings accounts. What you might not know, however, is how many different...

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Excited happy young woman sitting at table with growing stack of coins under a money rain isolated on gray wall background. Positive emotions financial success luck good economy concept-1

3 min read

How To Invest Like The Wealthy

One of the biggest myths about rich people is that they know some ultra-classified money management secrets that let them make millions of dollars...

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How to Save Money on a Tight Budget

4 min read

How to Save Money on a Tight Budget

Every financial expert talks about the importance of saving money. A lot of them have also come up with innovative ways to save, not to mention what...

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Couple meeting financial adviser for real estate project

3 min read

What a Credit Union can do for Forty- and Fiftysomethings

When you hit your 40s and 50s, your financial priorities shift. Almost overnight, having enough money for retirement becomes a priority. If that...

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Questions to Ask When Choosing a Trustee for Your Trust Fund

3 min read

Four Questions to Ask When Choosing a Trustee for Your Trust Fund

In previous blog posts, we’ve talked about why a trust fund can help you even if you’re not rich. We’ve also talked about how to set up a trust fund....

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what is saving what is investing when to save vs invest first alliance credit union mn

3 min read

The Difference Between Saving and Investing

Ask almost anyone if they know there’s a difference between saving and investing and they’ll say yes. Ask them if they know what that difference is,...

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Many hands of business people holding calculators

3 min read

The Difference Between APR and APY

When you look at interest rates, you’ll see two abbreviations pop up over and over again—APR and APY. Some financial institutions will show both the...

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