Your checking account is like the worker bee of your financial accounts. It’s constantly active. Between paychecks coming in and funds from everyday purchases going out, it never rests. Having a checking account that is flexible is paramount. But what if you could keep that same flexibility while earning even more in return?
Everyone needs and deserves a nice vacation. It’s a chance to escape the daily grind, have fun with family and friends, and unwind. As your vacation date inches closer and the excitement builds, it’s easy to overlook some last-minute household items to check off your to-do list.
When it comes to investing your money, a wide range of options are available. However, with a plethora of choices also comes the possibility of increased risks. What if there was an option to invest your money and earn a significant return without any risk? You’d probably think it’s too good to be true. It’s not a myth; it’s called a Share Certificate Account.
Time is your best friend when it comes to saving for retirement. The longer your investments can grow and compound, the greater your nest egg will be once you retire. But people often overlook the benefits of specific tax-advantaged retirement accounts, such as IRAs. The sooner you being utilizing these accounts, the greater your tax savings will become.
Finding ways to save more money should always be a financial priority. However, you can only trim expenses so much before it feels like you’ve cut all the fun out of life. Luckily, boosting your savings doesn’t have to be so drastic. Instead, it all comes down to how you save – not necessarily how much you put aside.
After a year of surging prices, members are still grappling with the effects of rising inflation. Add in the rocky performance of Wall Street, and people are looking for a silver lining. One such opportunity is beginning to shine as savings rates also start to climb – it’s called a certificate of deposit (CD).
Every day, our cash society seems to move more into the digital realm. A prominent cause of this shift is convenience, and mobile wallets make the transition seamless. Despite the rise in popularity, many members are still unsure about this newer technology. Is it safe? What happens if you lose your phone? It makes sense to be hesitant since a mobile wallet can hold so much of your financial information.
The ability to buy a product or service now and pay for it over time is nothing new. It's the same concept that made credit cards one of today's most popular forms of payment. Yet everywhere you look lately, from grocery stores to online retailers, there is a “new” way to pay: Buy Now, Pay Later (BNPL).
While the ability to transfer money between accounts is convenient, maintaining multiple accounts can become challenging – especially if you have several accounts. If you stop using an account for a while, what happens to it? Better yet, what happens to the money in there?
Creating a will, estate planning, and maintaining a life insurance policy are all wise financial moves. However, there is a very simple way to ensure your funds pass directly to your loved ones. It’s called a beneficiary.
