A will is a document that declares how your estate should be managed and distributed in the event of your death. Without having a will to guide them, your family members will have to spend time and energy divvying up your assets — often leading to additional stress and conflict during an already difficult time of mourning and grief. Here’s how you...
A Beginner's Guide to Making a Will
Topics: Financial Education, Family
Pre-Qualified vs. Preapproved: What's the Difference?
Financial jargon can be confusing, especially when certain terms sound weirdly similar. Take pre-qualified and preapproved, for example. These words appear to be synonyms, but when it comes to securing a mortgage, they have differences and specifically applied circumstances. Here is a closer look at the variances between pre-qualified and...
Topics: Financial Education, Homeowners, Mortgages / Home Equity
Get the Biggest Tax Benefit from Charitable Giving and Donations
Looking to reduce your tax burden and do some good for your local community? In addition to demonstrating your company’s commitment to giving back, charitable donations provide a wealth of opportunities for tax savings. Here’s how to get the most bang for your buck while making the world a better place:
Topics: Small Business, Financial Education
Should You Use a Home Equity Loan to Buy a Car?
If you find yourself in need of a vehicle — but can’t secure an auto loan with favorable terms — you may be tempted to take out a home equity loan to fund your purchase. Like every financial decision, this choice can come with drawbacks that need to be considered. Here’s a look at what you need to know before you borrow against the value of your...
Topics: Personal Banking, Financial Education
How to Open a Brokerage Account for a Child
Teaching your kids about finances and smart money moves are invaluable lessons. These lessons can start at a young age with piggy banks and coins, grow with an age-appropriate allowance and tips on how to save and spend, and even include adult-level money management like investments. Under your supervision, you can introduce your child to the...
Topics: Financial Education, Family
5 Ways to Save on Your Next Vacation
If you are ready to get away from the daily grind and recharge on a vacation, you know planning ahead is key, especially if you’re working with a limited budget. Here are a few tips to help you save money for your next vacation:
Topics: Financial Education, Family, Lifestyle
What Is a Routing Number and Where is it Found?
Every time you perform a financial transaction that involves your checking or savings account, you must provide a routing number and an account number. Both of these are mandatory in order for the operation to occur. To help you understand how these transactions work, here’s an explanation of what a routing number is and how it’s used.
Topics: Personal Banking, Financial Education
Want to get yourself on the path to financial stability and independence? Organization is the key. Getting your finances in order isn’t just smart — it’s easy to do thanks to a wide range of convenient online tools at your disposal.
Topics: Personal Banking, Financial Education
How to Create a Food Budget
While food expenses are a necessary component of any monthly budget, there are practical ways to reduce food costs. You can create a monthly food budget, and take other steps to stick to personal savings goals in this area:
Topics: Financial Education
How to Save for Retirement Without a 401(k)
A 401(k) plan may be ideal when it comes to saving for retirement. Still, it’s possible to meet ambitious retirement goals even without one. If your employer doesn’t offer retirement benefits, these options can help you retire comfortably:
Topics: Retirement, Financial Education
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