In early August 2023, the Federal Reserve Bank of New York revealed that US consumer credit card debt surged to its highest level – topping $1 trillion. This upswing in credit card spending comes as individuals nationwide grapple with managing their finances amidst escalating prices.
Whether you’re heading off on vacation, a business trip, or another occasion, renting a car provides convenience and flexibility. It allows you to travel on your schedule and at your own pace. However, navigating the world of car rentals requires careful consideration to ensure you’re making savvy financial decisions.
Whether you are college bound or heading into the workforce, there is something all young adults need to know about: your credit score. Think of this three-number score as your financial GPA. It holds the keys to your dreams of owning a car, renting your first place, or even landing that dream job.
Savers are rejoicing as rates continue their upward trend. However, many are reluctant to lock in their funds because they fear they will miss out on better rates down the road. So, how can you maximize your returns now without sacrificing higher rates in the future? It’s a unique strategy called certificate laddering.
We all have financial goals we want to achieve one day. Different goals require different tools and tactics. For example, retirement planning relies heavily on tax-advantaged accounts and long-term investments. But what about short-term goals - those that you hope to achieve within two or three years?
No one wants to picture a world without them; however, planning for this scenario is one of the most generous tasks you can undertake for those you love. It provides peace of mind, direction, and comfort, knowing your intentions will echo through the years - offering guidance when others need it most.
Heading off to college is an exciting time. You’ll meet new people, explore new places, and experience new things. But it’s no secret that college isn’t cheap. That’s why it’s crucial that you have a budget that’s both realistic and flexible. We’ve put together ten tips to help take your money further while limiting how much you need to borrow in student loans.
The new school year is right around the corner and most parents crave the structure and routine of the school day. However, there’s much to do before school bells ring and buses fill the streets. Use the following tips to tackle all your back-to-school shopping adventures while keeping your wallet happy.
It’s a bittersweet feeling when your children spread their wings and leave the nest. As they venture into the world to pursue their dreams, it’s time for you to take stock of your financial situation and make some strategic moves. With retirement likely right around the corner, the upcoming years are crucial to ensure you enjoy your golden years.
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?
