Tips to Save on Groceries

Date: August 2, 2016 While shopping for groceries is more budget-friendly than eating out all of the time, poor choices at the supermarket can blow those savings right out of the water. Using coupons and buying your favorite items only when they're on sale are good basic shopping strategies, but there are other tactics to maximize your grocery dollars, as well.   Think Outside the Grocery Store... Continue reading

Why Credit Card Debt Isn't Necessarily Bad Debt

September 29, 2016 If there's one thing people love, it's their credit cards. A 2015 survey conducted by Harris Poll and NerdWallet showed that the average U.S. household carries $15,355 in credit card debt. Certainly, going into debt for shoes and the latest electronic gadgets can't be good for your household finances, but there are times when having some credit card debt may be better than... Continue reading

Strategies to Teach Kids About Savings

It takes time and effort to teach kids about money, but it pays big dividends over time. From a young age, children learn from their parents about how to manage money and regulate spending. Help your kids develop good habits by following these tips. Continue reading

Strike it Rich: What to Do if You Win the Lottery

Date: July 19, 2016 If you think winning the lottery means waving goodbye to your money problems, think again. A lottery win can bring as many money issues as it solves, given the many people and entities who would like a share in your winnings — including tax authorities. A 2015 study by the Camelot Group found that 44 percent of winners blow through their entire winnings in just five years.... Continue reading
The Pros and Cons of Pensions vs. Annuities

The Pros and Cons of Pensions vs. Annuities

Date: September 30, 2016 Many companies offer employees a choice between monthly annuity payments or one-time lump-sum retirement accounts from which they can draw pension payments as necessary. These two retirement options are very different and your choice can impact your future financial security. Annuities are payments of a set amount that you are guaranteed to get every month during your... Continue reading
Strategies for Managing Elderly Parents' Finances

Strategies for Managing Elderly Parents' Finances

Date: September 19, 2016 The fact that you manage your own money well doesn't make it any easier to handle your elderly parents' assets when the time comes. Your parents may still be very independent, but just need a helping hand. Maybe they are incapacitated and require someone to do everything for them. Whatever the circumstance, you'll need legal authority to get started, and then follow these... Continue reading

How Credit Unions Are Different From Banks

Date: September 9, 2016 Credit unions and banks offer many of the same financial services, but banks are often large corporations while credit unions usually offer a more personal touch and typically have smaller customer bases and networks. Many people mistakenly believe that bank deposits are protected, but credit union accounts aren't. This isn't the case. Although the Federal Deposit... Continue reading

myRA Retirement Savings Accounts Explained

Date: September 22, 2016 We all know it's important to start planning for retirement as early as possible. But not everyone has enough money to invest in certain types of retirement accounts and investment products and your employer might not offer 401(k) or 403(b) retirement plans. A 2015 Bureau of Labor Statistics study revealed that 62 percent of part-time working Americans don't have access... Continue reading

Spring Clean Your Finances With These Four Simple Steps

Spring has sprung and now is the perfect time to spring clean your finances! The Consumer Reports National Resource Center found that one in four Americans admit to having misplaced or lost some information critical to their finances. If you’ve ever been there, then check out our four simple tips to help you declutter your finances and get your funds back in tip top shape!   1. Go Paperless In... Continue reading

Cutting Costs on Subscriptions You Don't Use

September 15, 2016 $10 here, $20 there ... the costs of unnecessary subscriptions and membership plans can quickly add up. It's a good idea to take stock of the subscriptions you have every now and again to weed out the ones you don't use very much. Here are some tips to help you save some money in your monthly budget without necessarily giving up the subscriptions you love.   Take Stock of What... Continue reading