Whether you’re preparing for a big purchase, or tightening your belt during a rough patch, saving money is a good idea. There are plenty of big ways to keep more money in your financial accounts, but here are some smaller ones that add up to more than you expect:
How to handle money is an important life lesson. The sooner you start your child’s financial education, the more knowledgeable and responsible they will be with their money. Opening a checking account for your child is a great way to impart real-world money lessons.
Topics: Personal Banking, Saving Money, Financial Education, Budgeting, Kids, Family
Between credit cards, student loans, car loans, and mortgages, you’re probably carrying some debt. On the surface, managing your debt can seem relatively easy — just make minimum payments. However, if you’d like to pay down your debts and increase your cash flow, you have some choices to make. Namely, which debt should you prioritize? Here’s a...
Topics: Mortgage Lending, Personal Banking, Saving Money, College, Financial Education, Credit Cards, Personal Lending, Taxes
Phishing is an all too common way for scammers to learn your personal information and access your financial accounts. To help prevent yourself from falling victim to a scam, it’s wise to learn exactly how phishing works.
Topics: Fraud Alerts/Scams, Technology, Financial Education
When it comes to the responsibilities of adulthood, independence and enjoying an American lifestyle, few obligations are as daunting as paying your taxes. To those who have never had to do so before, filing yearly tax forms, learning the terminology, sorting through mountains of paperwork, and tracking your refund can be an overwhelming task....
Topics: Financial Education, Taxes
When you drafted your business plan, you outlined your goals and the path you’d take to achieve them. Now that your company is up and running, your business plan might not be an accurate representation of your new goals, the state of the market, or your enterprise’s worth. Your business is a living, breathing entity that is constantly changing....
Topics: Business Banking, Small Business, Financial Education, Entrepreneurship
When you’re a busy entrepreneur it can be easy to get lost in figures like expenses, sales, and earnings. However, these numbers don’t paint the whole picture of your company’s health. That’s why it’s important to understand your company’s profit margins, which show you the proportion of how much profit you’re actually earning when compared to...
Topics: Small Business, Financial Education, Entrepreneurship
Money management is a complicated subject even adults can experience trouble mastering. So, it’s understandable if the prospect of teaching your kids about money might not be your favorite parental to-do. Start simply with a certificate of deposit to teach your kids the fundamentals of saving money.Set up an accountA drive-thru or online field...
Topics: Saving Money, Investing, Financial Education, Kids
No matter what your plans are for your life, you don’t want money to get in the way of achieving your goals. Consider investing your money during each stage of your life to make your aspirations more attainable.
Topics: Saving Money, Investing, Financial Education
The world of finance is always changing, which means advice you received years ago might not be a good idea anymore. To make sure you’re caught up on all the latest trends and strategies in personal finance, consider one of these books recommended by the experts.“Broke Millennial” by Erin LowryAs the title suggests, “Broke Millennial” by Erin...
Topics: Financial Education