Keeping Your Money Safe on Vacation
Planning a vacation involves much preparation. One of the most important things to plan out is your vacation finances. Having the money for your hotel, various modes of transportation, food and spending cash can easily make or break your trip. Once the trip is arranged, it’s still important to keep tabs on your currency and […]
Buying vs. Leasing:The Pros and Cons of Each Option
In addition to determining the ideal make and model of your next vehicle, you’ll also have
to decide whether you want to buy the vehicle outright or if you want to lease it. It’s a tough question to think about as it depends on a lot of variables and personal factors.
That’s why it’s important to know some of the positives and negatives of each option as
you begin your car buying journey.
Preparing Your Teen for Their First Job
School will soon be out for the summer and many teens will be starting their first job.
However, even if it’s not their first job, this article has a lot of great reminders to review
with your teen. Dori Zinn has laid out how you can help teach them to be responsible with
their earnings.
Saving for a Child’s Education
With the last days of school quickly approaching, you may be a parent who is reminded
just how quickly the years pass by once your kids start school. If you’re hoping to pay for –
or help with – your child’s secondary education, here are some tips from
mycreditunion.gov to get you started.
6 Reasons To Name a Beneficiary On Your Account
In this article, author Brian Martucci with Money Crashers offers six good reasons to name
a beneficiary on your accounts at your earliest convenience.
Debt-to-Credit Ratio –what it is & why it’s important
Your debt-to-credit ratio is the amount of credit you’re using on your credit cards relative to
your credit limits at a given time. It’s an important factor in your credit scores, and lenders
will usually consider it when they review your application for a loan or credit card. According to author Ben Luthi with Experian, understanding how your debt-to-credit ratio
works and using it to guide your credit usage habits can potentially help you improve your credit scores and improve your odds of securing favorable credit terms.
3 Mistakes You’re Making with Your Finances
When it comes to managing your finances, it’s not hard to fall into certain traps that can
have big consequences. In this article, John Pettit with CU Insight shares three common
mistakes you can make with your finances and how to avoid them.
Why Do I Have Different Credit Scores?
ollowing-up on last month’s article about credit reports, now it’s time to talk about credit
scores and why they may be slightly different between the three major credit bureaus.
According to TransUnion, more than half of Americans check their credit scores at least
monthly. When checking your scores, it may be confusing to see that your score with a
bank, lender, credit monitoring service and even TransUnion can all be different. You
probably don’t need to be concerned. There are reasons for score differences, and you
can better understand why when you know what credit scores are and how they’re rated.
Six Questions Your Auto Dealer Hopes You Can’t Answer
Navigating automobile financing can be one of the biggest financial headaches you’ll encounter. But, unless you want to walk everywhere, it’s something you’ll have to deal with. The biggest hurdle is figuring out the angles and understanding the entities that stand to profit from the transaction. Let’s go through some of the more challenging parts of automotive financing by addressing some of the questions about automobile financing your dealer hopes you won’t ask.