How Many Savings Accounts Should I Have?
Saving money is top of mind for many of us. About 9 in 10 Americans save regularly, according to a NerdWallet survey. Of these savers, most said their top goal was building an emergency fund. Saving for your goals can be more challenging than it sounds. Should you start saving more? If so, where do […]
Good Debt vs. Bad Debt: A Beginner’s Guide to Borrowing Responsibly
Debt management is an essential part of financial literacy. Knowing how to borrow responsibly can make the difference between reaching your financial goals and living paycheck to paycheck. If you’re new to borrowing, one essential skill that can serve you well is the ability to discern good debt vs. bad debt. If you’re asking, “what […]
Saving vs. Borrowing: Should I Take Out a Personal Loan for Big Purchases?
As your purchasing power grows, so does your spending responsibility. As a consumer with disposable income, it can be difficult to separate actual needs from wants disguised as necessities. If you’re not careful, small purchases of nonessential items throughout the year can quickly add up and get you off track from your budget. Retailers are […]
Banking Service Guide: How Do Safe Deposit Boxes Work, and Should I Use One?
At some point, we all start to accumulate important documents and valuable items that need to be kept secure. If you want a safe space to keep invaluable things, you don’t have to install a huge, heavy safe in your home. Instead, you can take these essentials to your local bank to find a secure […]
Budgeting for Housing: Pros and Cons of Renting and Buying a House
It’s exciting to step into your own place for the first time. You get a rush of independence you’ve never experienced before. You can make the space your own. Your home is a part of your identity now, so you want a place that fits. If you’ve just started your first full-time job, you may […]
Investment and Risk: What You Need to Know
If you’re looking to save for retirement or have another substantial financial goal, setting aside money in a savings account is a great start, but it may not yield the returns you need. This could lead you to explore a variety of investment options to see where you can put your money to work. While […]
How to Save for Retirement – A Quick Guide
“A new job is like a blank book and you are the author.” – Unknown As you start your first full-time job, many opportunities open up. You get a chance to put all the hours you spent studying, training and developing your craft into practice. It’s exciting to start setting your goals and think about […]
Filing Taxes 2023: How Do I File Taxes for My First Job?
As you begin a new year, you get a chance for a fresh start in many aspects of your life. This time is a moment for self-improvement and setting goals. It’s a chance to dream a little bit about what the next 12 months have in store for you. Everyone has to deal with one […]
Debit vs. Credit Card: 4 Essential Tips to Find Which One Is Right for You
That tiny piece of plastic with your name in your wallet or purse has grown in prominence in our commercial landscape. In 2019, there were more than 108.6 million credit card transactions per day in the U.S. alone. This staggering number shows how much we depend on credit and debit cards to make daily purchases. […]
How Much Should You Save for Christmas?
Just as you toss out the last bit of leftover turkey and mashed potatoes from your Thanksgiving dinner, songs, movies and advertisements hit the airwaves to let you know it’s the most wonderful time of the year. If you aren’t prepared, this quick turnaround to another holiday can snowball into an avalanche of stress. Unfortunately, […]
