(COLORADO SPRINGS) — Bree Shellito, Senior Manager of Community Impact, at Ent Credit Union, helped to dispel four financial myths on FOX21 Morning News, Thursday, June 1.

Financial Myths

Myth 1: Credit unions are local; if I travel, it is harder to access my money

Myth 2: I need at least three months of income in my emergency savings

Myth 3: Carrying a balance on my credit card will improve my credit rating

Myth 4: You should close any credit accounts that you no longer use

For more information on why these are myths, watch the segment with Ent Credit Union in the video player above.