How to Safely Use a Credit Card

Credit Card Safety 101 If you’re one of the people who prefer paying via card transactions, credit card safety should be one of your top priorities. Yes, carrying a credit card mostly eliminates our need to bring cash with us, but this does not mean that theft is no...

Text Scams

Use caution, scammers are working hard coming into the holiday season. We’ve been made aware of fraudulent text messages, saying your debit card is locked.  Most of these are scams, if it is Shazam contacting you, they just ask YES or NO for transactions. Do not...

Teaching Teens How to Budget

Raising Financially Literate Individuals: Budgeting Tips for Teens Financial literacy is not just for adults; it is for everyone, regardless of age. If you have income then you are ready to create a budget. While your teen’s income may not be a stable source yet, it...

What is Compound Interest and How Does it Work?

The Basics of Compound Interest The term compound interest refers to returns earned on top of interest. Thanks to the miracle of compound interest, the growth of your savings account balance can accelerate gradually as you earn profits on increasing amounts of money....

What do Mortgage Officers Look at Before Writing a Loan?

If you’re planning to purchase a home, you’ll likely take out a mortgage loan to finance it. Before you go to a lender, it’s important to know what information they will require to assess your financial situation and approve your application. Institutions do this to...

Ways to Save for Your Retirement Funds

The main goal of a retirement plan is to ensure that you have financial resources for your retirement. How much you will need will depend on how you want to spend your retirement funds. In specific cases, like when an individual would like to travel, they will need to...