What Is a Financial Wellness Checklist and How to Create One?
Managing money can sometimes feel overwhelming, especially when you’re juggling bills, savings goals and long-term plans for retirement. A financial wellness checklist is a simple yet powerful tool that helps you take control of your personal finance, identify your priorities and track your progress toward financial success. In this blog, we’ll define financial wellness, explain […]
Work From Home Scams: How to Spot and Avoid Them
The dream of working from home is more alive than ever. Trading your commute for a cozy home office? Yes, please! But as remote work has boomed, so has a shadowy industry of scammers looking to cash in on our dreams. It’s a bigger problem than you might think. The Federal Trade Commission (FTC) reported […]
AI in Finance: Can It Help You Build a Better Budget?
Artificial intelligence has woven itself into nearly every aspect of our daily lives. From the voice assistant that sets your morning alarm to the recommendation algorithm that suggests your next Netflix binge, AI is everywhere. Now, this powerful technology is making waves in personal finance, promising to revolutionize how we budget, save and manage our […]
Military Romance Scams: Protecting Your Heart and Your Wallet
Romance scams have become one of the most devastating forms of fraud, with losses reaching $1.3 billion in 2022 according to the FTC. Among these heartbreaking schemes, military romance scams hold a particularly painful place, exploiting both our respect for service members and our desire for meaningful connections. If you’re wondering whether that charming soldier […]
Rent My Car On Turo? Weighing the Risks and Rewards
As the side hustle economy continues to grow, many vehicle owners are exploring car-sharing platforms like Turo as a potential source of income. The concept is appealing—turn your parked car into a revenue-generating asset. However, like any financial decision, it’s crucial to carefully evaluate both opportunities and risks before diving in. At Community Point Bank, […]
Vacation Budgeting Tips: Make Your Money Go Further
Planning a vacation is exciting, but the financial reality can sometimes dampen that enthusiasm. As your community financial partner, Community Point Bank understands that you work hard for your money and deserve a relaxing getaway without financial strain. Here are practical tips to help you budget effectively for your spring and summer adventures while maximizing […]
How to Adjust Your Budget for Inflation
Budgeting in an environment where inflation constantly creeps up on you can be frustrating. However, it doesn’t have to throw off your financial goals. Being proactive and taking control of your money can help you stay ahead of the line. Keep reading to learn how to account for inflation, adjust your budget and avoid lifestyle […]
What Does Member FDIC Mean for Banks?
Jump to: When you deposit your funds into a bank, you trust your money will be safe and available when you need it. The cash you need to pay your bills today and the funds you save for tomorrow are the result of your hard work and necessary for survival. Your relationship with your bank […]
Banking 101: What Does a Bank Loan Officer Do?
When taking your first step toward anything in life, it’s nice to have some guidance. A few significant steps include purchasing a home or car or starting a business. You may need to secure a loan to start, but the process can be overwhelming. However, with the right help, you can move forward with confidence. […]
7 Frustrating Holiday Shopping Scams to Avoid
The last thing you want to get wrapped up in this holiday season is a financial scam. Unfortunately, fraudulent activity tends to ramp up during the end of the year as scammers prey on those looking to score discounts on gifts and travel accommodations, make charitable contributions or seek companionship. According to a recent AARP […]