Skyla Credit Union Blog

Starting your journey as a self-employed individual or entrepreneur is an exciting step toward financial independence. However, it also comes with important financial responsibilities - especially when it comes to taxes. Unlike traditional employees who have taxes automatically deducted from their paychecks, self-employed individuals must manage their own tax obligations.

Tax season is already stressful enough without scammers trying to swoop in and steal your personal information—or even your refund. Unfortunately, every year, tax-related scams evolve, and in 2025, fraudsters are getting bolder and more sophisticated in their tactics.

Does handling your online security accounts sometimes feel overwhelming? I get it! That’s why I'm happy to help simplify it. According to Microsoft, more than 99.9% of compromised accounts didn't use multi-factor authentication (MFA)? MFA is an effective, no-nonsense way to secure your accounts by adding extra layers of protection. This ensures that even if your password is compromised, your personal data remains safe.

Does keeping your online accounts secure ever feel like trying to remember all your passwords at once? (Psst... If your go-to move is resetting them every time, you’re not alone!) But don’t worry—I’m here to break down two popular security measures: Two-Factor Authentication (2FA) and Multi-Factor Authentication (MFA). Both add extra layers of protection to your accounts, but they’re not quite the same. So, which one should you use?

If you’re already in (or ready to be in) a committed relationship, chances are your finances will mix and mingle at some point. For many couples, discussing money with their significant other is one of the most challenging talks. It’s common to feel ashamed or embarrassed about financial hardship because you have a fear of being judged by someone who has your heart.

When it comes to paying for college, student loans might be the answer - but not all loans are created equal. The big question is: should you choose federal or private student loans? Each has its pros and cons, and understanding the differences can save you money and stress down the road. Don’t worry, As a borrower with federal and private student loans, I'm happy to break it all down so you can decide what works best for you! VIA GIPHY

What's up, future scholars! Let’s face it—student loans can feel like that one complicated game where no one bothers to read the instructions. But don’t sweat it—we’ve got your back. Whether you’re starting to apply for college, filling out financial aid forms, or just wondering if student loans are the right move for you, we’re here to break it down in a way that actually makes sense—no boring lecture vibes, we promise! Getting the basics down now can save you a ton of headaches later.

Ever wanted to buy that must-have item or experience—like a concert ticket, a weekend getaway, or even a new phone—without immediately feeling the pinch on your wallet? Buy Now, Pay Later (BNPL) might seem like the perfect solution. It allows you to make purchases and spread the payments over time, which can help ease that upfront cost. But before you dive in, let's explore what BNPL is, how it works, and whether it's really the best choice for your financial situation.

Did you know refinancing your auto loan could save you hundreds, if not thousands, of dollars over time? Imagine having an extra $50 - $100 in your pocket every month—sounds pretty great, right? Refinancing is one way to make that happen, but what exactly is it, and how does it work?