Banking

Managing Money when You Live Outside the US, Part 3

They may not say it, but it’s natural for members of your financial support team to wonder where the money goes. If you’re living in a less developed country, it would be logical for them to expect your cost of living to be less than in the US, when oftentimes it’s not. This perception gives you an ideal opportunity to tell a story or two that not only shows them the cost of living and working where you do, but also the impact of their investment in your work. [read more]

Category: Missionary Minded

Technology Can Help You Monitor Your Finances

It’s been said that managing money isn’t rocket science because finances are black and white. That may be true, but it can feel like a daunting responsibility when you’re living and working half a world away. The good news is that ECCU’s online banking technology can make this essential discipline much easier. Here’s how. [read more]

Category: Missionary Minded

Managing Money When You Live Outside the US, Part 1

Just as when you’re on home assignment, you want to be smart about how you spend the money your support team gives when you’re living and serving internationally. Three areas that may not seem to bring the risk of wasting these funds have to do with how you access and spend them. Here are some tips for how to be smart about exchanging currency, getting cash and making purchases. [read more]

Category: Missionary Minded

Support Your Missionary Friends by Telling Them about ECCU

Good news is meant to be shared, right? If you read a great book, you just have to commend it to your friends. Same with a good restaurant. But what about a good bank? [read more]

Category: Missionary Minded

You think saving money is hard? Try weathering a crisis without savings.

Most people know that saving money is important. But knowing and doing something about it are very different things. Let’s face it. Saving is a difficult discipline, which at least partly explains why “6 in 10 Americans don’t have $500 in savings.” [read more]

Category: Missionary Minded

When You Live Outside the US, It Does Matter where You Bank

Why would more than 4,000 missionaries living all around the world choose to bank with a credit union in Southern California? You may be one of those missionaries. I’m not, but as an ECCU relationship manager, I get to serve many of them indirectly by working with their sending agencies. Sometimes I even get to serve alongside them on the field on short-term trips. [read more]

Category: Missionary Minded