One of the most beneficial life lessons you can teach your kids is how to manage their own finances. Not only does it teach them responsibility, but it can empower them to save, spend wisely, and invest in their future. It’s never too early to start the conversation. We have tips for you that can help your kids develop good money habits starting from age three and up.
A thin credit file is a credit report with a limited credit history. If a person has a thin credit file, they have a small number of credit accounts or a short credit history.
Over the years, the monetary gifts your kids get from friends and relatives can add up! Combine that with contributions from you, and that can become a helpful way to fund college tuition and other educational expenses. For parents or guardians looking for ways to save money for your kids, we have three ways you can invest funds: custodial savings accounts, 529 plans and Coverdell Education Savings Accounts (ESAs).
“Interest” has many uses in finances—and many uses work in your favor. For example, earning interest can help improve your overall net worth. In fact, compound interest (sometimes also called compounding interest) is one of the most powerful tools available to build wealth.
In this comprehensive guide, we'll walk you through the 6 fundamental steps of check writing to ensure you have the knowledge and confidence to fill out a check correctly.
As many continue to grapple with the economic challenges, societal shifts, and overarching uncertainty of the last several years, a new trend is beginning to emerge: Money is not buying happiness in America.
A simple top-down budgeting plan helps you focus on three main budget categories to visualize your expenses, give you flexibility, and keep you motivated along the way.
Uncertainties are inevitable, so having a financial safety net can provide valuable stability when unexpected events or emergencies happen. Follow along to learn how to create and grow an emergency fund.
In today's digital age, the banking landscape has evolved significantly, with online checking accounts emerging as a convenient and accessible option for managing finances.
As online banking continues gaining popularity, the facts about different types of accounts can get fuzzy. So, let’s debunk misunderstandings and shed light on the truth behind modern banking solutions and provide a clearer understanding of the benefits and realities associated with online checking accounts.
