As you plan your retirement finances, be sure to take health care costs into account. Even though Medicare will cover a large chunk of your expenses, it’s likely you’ll still need to pay premiums and deductibles, vision and dental, long-term care, and more. In fact, according to Fidelity’s 2023 Retiree Health Care Cost Estimate, the average couple...
There’s so much that can be done with greater ease online, and that includes managing your money. Online banking is a feature offered by nearly every type of financial institution, and it offers a great deal of convenience and flexibility. By learning how to leverage online banking — and how to keep yourself safe in the process — you can take...
Topics: Personal Banking, Financial Education
What are Social Media Scams? In social media scams, scammers use social engineering to bait victims into sharing personal or financial information, clicking on links, or downloading harmful software or applications.
Topics: Financial Education, Lifestyle
Whether you’ve just landed a big promotion or you’re out of work, it’s often a struggle to adjust to a seismic shift in your income. Here are some simple tips to help you stay the course when your financial situation changes: Do a budgetary check-up If you’ve recently lost a chunk of your income, financial education consultant...
Topics: Financial Education
Can you relate to any of these scenarios?
Topics: Financial Education
Did you know there are TWO Back-to-School Sales Tax Holidays each year in the state of Florida? Traditionally, families have taken advantage of these savings as the summer comes to an end. But there is a second tax holiday in January as well. For 2024, it will begin Monday, January 1 and end on Sunday, January 14. That's two weeks of savings!
Topics: Financial Education, Lifestyle
Homeowner’s insurance is a necessary but costly expense to safeguard the money you’ve invested in your house. Yet you may be paying more for home insurance than you need to. There are ways that you may be able to reduce your rates and keep more of your money for improving your house instead of insuring it:Ask about discountsHere is an easy...
Topics: Financial Education, Homeowners
Whether you’re planning for yourself or a loved one, heading to college involves major decision-making. What will you study? Should you stay close to home or spread your wings? Is a traditional college experience right for you? Or is an online program the way to go? Probably the most stressful concern is how to pay for higher education. That’s...
Topics: Financial Education
Introducing your child to the world of finance should start at a young age and adapt in complexity as they grow. When the lesson of the day (or year) is all about saving and investing, consider using a certificate of deposit (CD) as a teaching tool. A CD will illustrate to your eager student how saving a portion of their allowance or earnings can...
Topics: Personal Banking, Financial Education, Family
With easy-to-access data, convenient automatic transfers, and a variety of ways to organize your money, online banking can revolutionize the way you budget. Here’s a look at a few easy tips to help you budget better with the power of technology:Set up sub-accountsEven if you’re putting money away in a savings account, it can be difficult to...
Topics: Personal Banking, Financial Education