What is the 10% Savings rule?
Key Takeaways: Setting aside 10% of your gross monthly income is an excellent way to build your savings. Accounts with compounding interest help your savings grow over time. The best…
Tips for Avoiding Account Overdrafts
What is an overdraft fee? An overdraft is when there is not enough money in an account to cover a transaction, but the bank or credit union pays for it…
Money Saving Tips for Kids
How to Teach Your Kids to Save Their Money It’s never too early to start teaching your kids the importance of saving their money. We’re bombarded with temptations to spend,…
Automate your Savings
Whether it’s for a down payment on a house, a large purchase, or an unexpected emergency, saving money should be one of your prime financial goals. Automation, or the setting…
Credit Repair Tips
It’s surprising how much a late payment can damage a credit report. But, over time, there are ways you can improve your credit. While there is no magic solution for…
Earn More on Your Savings with Compound Interest
You work hard for your money, now it’s time to make that money work for you. One of the simplest ways to do this is through compounding interest, where you’ll…
Start an Emergency Savings Fund
Imagine this: It’s 97 degrees outside and your air conditioner dies. It’s going to be $5,000 for a new unit. Do you know how you will pay for this? Sounds…
Benefits of a Budget
A budget is one of the most important financial tools. Budgeting is a very personal exercise, and you will always be the best person to create your budget because no…