If you’re like most people, you probably have at least a checking account where you deposit any money you earn for safekeeping. However, a vast majority of Americans (71% to be exact) also have another account where they keep their money, known as a savings account. While the primary function [...]
When it comes to financial institutions, there are many options available. Most everyone knows of the national and local banks that exist because they are typically competing for your business. But did you know that credit unions are also a viable option when it comes to opening a bank account [...]
Those who want to open a new bank account often wish to do so in the most convenient way possible. As is the case with many services nowadays, it’s now possible to complete the account opening process entirely online. That will save you a drive to your nearest bank location. [...]
Opening a checking account is now easier than ever before. You don’t even have to go to the bank itself to do it anymore. This opens up your available options and makes everything far more convenient. Unfortunately, it can also be a source of confusion. If you’re only used to [...]
Using credit cards is a very common way to make purchases, but it’s actually a very different way of spending money than the other methods we use. Credit cards allow you to borrow money up to a certain amount and pay it back in smaller segments that are easier for [...]
When it comes to credit cards, there are seemingly endless options to choose from. Picking the right one for your situation can seem daunting. But the biggest decision to start from is whether to go with a secured or unsecured credit card. Both have their advantages and drawbacks, so how [...]
If you do not relish the thought of owning money on your home for the next 30 years, a 15-year mortgage might be a better option for you. There are some great rates to be had on such loan packages at the moment, so you will want to do your [...]
College is a time filled with difficult decisions. You have to struggle with choosing a major, making friends, and participating in campus life, all while attempting to perform well in classes. One thing that often gets overlooked in college is setting yourself up for financial success. One of the easiest [...]
We’ve all heard people talking of credit and how it might impact your ability to get a loan or even a good apartment. However, many people fail to know that they can use credit cards to build their credit. The trick is knowing the best credit cards to build credit [...]
It is an exciting day. You have found your dream house and submitted the paperwork for your mortgage to the lender. Many people have mortgages but don’t understand what a mortgage is or how a mortgage works. In simple terms, a mortgage is a loan. The mortgage lender advances you [...]