01 Sep

It’s Never Too Late to Start Investing

There are a few key principles to saving money, and especially saving for retirement, that seem to stay pretty consistent across the board. Anyone you ask is going to have a few personal recommendations, but the basics stay pretty much the same no matter who you ask. Those principles are to start saving young, put your money in a dedication IRA instead of a regular savings account, and to invest your money. If you feel like, for one reason or another, you’ve never been able to save very much and the years before your retirement are getting fewer and fewer, here are a few tips to getting back into the saving game.
woman using credit card
15 Dec

Best Practices for Using a Credit Card Responsibly

Many of us—especially young adults—are afraid to make the switch to a credit card because of the possibility of accumulating credit card debt. Still others who already have credit cards use them with little regard as to how accumulating debt and/or building credit will affect them financially. The fact is that credit cards are almost essential for building a credit history (which comes in handy when applying for any type of loan), and using a credit card strategically can truly be beneficial to your financial stability. Because many people are unaware of how exactly to use a credit card wisely, here is a primer on best practices to keep in mind when using a credit card.
bank customers
01 Dec

Bank vs. Credit Union: The Key Differences

People tend to use the word “bank” to refer to any financial institution, but really there are two types of financial institutions you need to be aware of: banks and credit unions. Banks and credit unions are similar in that they both offer financial products to customers, such as checking and savings accounts, CDs, loans, and credit cards; but there are some key differences between the two to consider as well. Here is a look at the primary differences between banks and credit unions.
Car
01 Nov

Saving Money on Car Expenses

While cars are an infamously bad investment, it’s also true that it’s hard to get by in modern life without one. Cars cost Americans over $8,000 per year. That includes insurance costs, gas, maintenance, fees, registration, and depreciation. In fact, a car is usually the second-biggest expense in life, after housing costs.