All Articles: Money Management

Football, friends, and food are a winning trio, but without a game plan, the bill can tackle your wallet before the first snap. This guide turns tips for creating a budget-friendly game day party into an action-packed playbook so you can savor every touchdown without fumbling your finances.

Have you ever had an unexpected bill wipe out your good intentions, or caught yourself wondering, “What should I do with my money?” You’re not alone. Late-night searches for money advice can leave anyone confused. One blog tells you to skip the lattes, while another pushes a cryptocurrency side hustle. Instead of adding to the noise, this guide breaks down five of the most common money mistakes and, more importantly, how to sidestep them.

Every semester delivers the same double punch: a tuition bill larger than last term and a flood of incidental costs — textbooks, lab fees, late-night pizzas — that evaporate paychecks and loan disbursements at dizzying speed. The average college student spends $38,270 per year on tuition, books, supplies, and daily living expenses. In a private campus, that bill rises to $58,628 (Hanson, 2025). When numbers grow that large, hoping for the best is not a plan; a written budget is. This guide offers a practical roadmap for how to budget as a college student—from mapping cash flows, choosing tracking tools, and cutting expenses without trimming the joy out of campus life.

If you vowed this is the year you get ahead financially only to watch payday deposits disappear, you’re not alone. Gillespie (2025) notes that 59% of Americans still can’t cover a $1,000 emergency without borrowing or selling something. Meanwhile, the U.S. personal-saving rate is languishing below 4 percent—about half its long-term average (BEA, 2025). These sobering numbers explain why learning how to start saving is so critical. The encouraging news? A few clever ways to save money can transform vague intentions into steady progress.

How can I save money? Picture your money as water flowing through a series of channels. Some streams nourish long-term goals, others evaporate into impulse buys, and a few leak through cracks you never noticed. Redirecting enough of that flow toward the bucket that matters most — savings for emergencies and retirement — guarantees long-term security. Savings protect your future. Yet the typical American household saves just 3.9 % of disposable income as of March 2025, roughly half the pre-pandemic norm (St. Louis Fed, 2025). The good news is that small, deliberate changes can double or triple that rate without feeling like deprivation.

Below, you’ll find proven, beginner-friendly money saving strategies you can start on today. By the end, you’ll have a clear map of ways to save money, from the daily latte decision to bigger moves like automating transfers or picking a side hustle.

Rising airfares or tight budgets don’t have to cancel summer fun. A thoughtfully planned summer vacation on a budget can restore energy, create memories, and leave room in the checking account for next semester’s textbooks or an unexpected flat tire. Let’s nail down the numbers and map out low-cost destinations and close-to-home adventures. We also outline painless saving tricks and digital tools that track every dollar and make family summer vacation ideas on a budget a practical reality.

Financial independence (FI) isn’t a distant fantasy reserved for trust-fund heirs or Silicon Valley founders. Instead, it’s a math-driven destination you can plot on a timeline — then march toward with deliberate choices every payday. In plain terms, financial independence means having the freedom and flexibility to make choices that align with your goals - without constantly worrying about money. It’s about feeling secure and confident in your day-to-day life and your future.  In the next few minutes, you’ll learn the core habits, sequential steps, and digital tools that turn that definition into reality. By the end, you won’t just understand how to become financially independent; you’ll know which actions to take.

Can you pay rent with a credit card? Short answer: yes. Absolutely, but only if your landlord or a third-party processor will take the plastic and you are prepared to shoulder—or cleverly avoid—the fees. Roughly 22% of U.S. renters already put monthly housing costs on debit or credit cards, according to a 2024 payment-trends study by property-tech firm Zego (Salmonsen, 2024). That slice is growing because tenants want smoother cash flow and richer rewards, while landlords crave on-time payments. Still, every swipe passes through a maze of surcharges, interest rates, and utilization limits. Before you tap “Pay,” you need a plan to ensure you have a smart credit card management strategy in place.

When someone you trust — a spouse, adult child, sibling, or close friend — asks to use your credit card, the request feels innocent. Maybe it’s for groceries, a plane ticket, or an emergency car repair. But even with the best intentions, lending your credit card can end up with disastrous consequences. So, you might be asking, is it wrong to let someone use my credit card?

The short answer: Yes, it can be wrong — legally, financially, and ethically — depending on the circumstances. Even if you trust the person, the risks often outweigh the convenience. Below, we unpack the hazards, the narrow circumstances when sharing your credit card can work, and safer alternatives that protect you.

In Q3 2024, Americans spent 11.3% of their disposable income on household debt payments (St. Louis Fed, 2024). Still, some households suffer massive debts, using over 50% of income to service debt. When your debt payments consume too much of your monthly income, lenders view you as a riskier borrower. This results in unfavorable loan terms, higher interest rates, or loan denials.

Understanding how to improve your debt-to-income ratio helps you qualify for better financing options. In simple terms, your debt-to-income ratio (DTI) computes the percentage of your income that goes toward paying debts each month. In this article, we’ll explain how to compute your DTI ratio, what is a good debt-to-income ratio, the best debt-to-income ratio for various loans and strategies for lowering it.

What is cash-out refinance? It is a mortgage option that lets homeowners replace their existing home loan with a new one and, in the process, convert a portion of their built-up home equity into cash. In other words, if you have substantial equity in your property, you can refinance it for a loan amount that exceeds what you currently owe. The difference between the new loan’s principal and your remaining mortgage balance is then disbursed to you as a lump sum of cash.

A cash-out refinance can be a powerful way to consolidate debt, fund home renovations, or address pressing financial needs. Moreover, mortgage refinance rates are often lower than those of credit cards or unsecured loans. So, how does a cash-out refinance work? Read on for details and the pros and cons.

You may find yourself overwhelmed by multiple high-interest debts and unsure how to regain control. One way that has helped many people simplify their finances is using personal loans for debt consolidation. This article will provide actionable advice to help you consider whether personal loan debt consolidation might be the solution you need.

Have you been wrestling with multiple credit card balances, medical bills, or other high-interest obligations? Do you wonder if there’s an easier way to get control of your payments? That’s where personal loans to pay off debt come into play. Essentially, you use the funds from a single loan to consolidate debt, leaving you with one monthly payment instead of several.

If you are ready to take control of your finances yet unsure where to start — this guide is for you. We explain the pros, cons, and application steps so you can decide if using a loan to pay off bills makes sense. Let’s dive in.

Do you need funds for home improvements, debt consolidation, or an emergency? If so, your top priorities must be a trusted lender and reliable guidance on how to apply for a personal loan. Credit unions offer competitive rates, clear terms, and a supportive member experience. In this article, you’ll learn what steps to take before you apply for credit union loan financing, what documents are required, how the online application process works, what approval criteria look like, and how to manage your loan responsibly afterward.

Are you looking to maximize your savings with a secure investment? Certificates of Deposit (CDs) are a reliable way to grow your funds with minimal risk. In this guide, we'll explore certificate of deposit rates in Colorado and how to find the best CD rates today. We'll delve into why choosing a credit union can be beneficial, how to compare CD rates near you, and the steps to get started.

Are you exploring ways to grow your savings? A certificate of deposit (CD) is a tried-and-true option that provides security and steady returns. However, not all CDs are created equal. While both banks and credit unions offer CDs, the latter brings unique advantages, making a credit union certificate of deposit an attractive choice. So, what is a certificate of deposit? Here’s what you need to know to make an informed decision.

Picture this: You’re finally feeling settled in your home, but something keeps nagging at you. Rates have significantly dropped since you locked your mortgage, or you’d love a shorter loan term to pay off your house sooner. This is where refinancing comes in. But how quickly can you refinance a mortgage? The answer depends on several factors. Read on for variables that affect the timeline, tips to expedite the process, and mortgage refinance options at credit unions.

If you're in Colorado and searching for the best checking account, consider a credit union. Credit unions offer numerous advantages over traditional banks. This guide will help you understand why a credit union checking account might be the right fit for you. We’ll also explore the types of checking accounts available and show you how to open an account easily.

U.S. households have accumulated over $35 trillion in home equity (St. Louis Fed, 2024). For many, this is a strategic asset they could unlock to finance significant expenses or consolidate debt. One way to do so is through a home equity line of credit (HELOC), which offers flexibility and financial advantages to homeowners. Below, we dive into what a HELOC is, why choosing a credit union for your HELOC might be beneficial, and how to find the best HELOC rates in Colorado.

In the homeownership journey, a significant financial advantage is leveraging your home equity. Today, many Americans have this opportunity, considering that rising home prices pushed the total equity per borrower to 327,000 by the end of Q2 2024 (ICE Mortgage Monitor, 2024).

If you're planning a major renovation, consolidating debt, or funding a child's education, tapping into your home's equity can provide the necessary funds. Two primary options are home equity loans and home equity lines of credit (HELOCs). While both allow you to borrow against the value of your home, they operate differently. Let’s discuss home equity loans vs HELOC features and how they are suited to different financial needs.

Refinancing your mortgage is a strategic move that sometimes makes financial sense. It lets you lower your interest rate, reduce monthly payments, or change loan terms to suit your needs better. However, if you have poor credit, the path to refinancing becomes more complex. This guide will help you understand how to refinance a mortgage with bad credit, the challenges you might face, and strategies to improve your chances of approval.

Impersonal banking services have been a huge pain point for consumers. As a result, individuals are looking for financial institutions that genuinely prioritize their needs. For residents of Colorado, Ent Credit Union emerges as a standout choice, blending personalized service with a strong commitment to community engagement. If you're on the quest for the best credit unions near you, let us explore what credit unions, specifically Ent, have to offer.

When securing your financial future, choosing the right savings vehicle is essential. Two of the most common options are Certificates of Deposit (CDs) and savings accounts. But what exactly are they, how do they differ, and which one best fits your financial goals? This comprehensive guide dives into the CD vs savings account debate to help you make an informed decision.

According to the Survey of Household Economics and Decision making (SHED), 37% of Americans would not cover a $400 emergency bill without borrowing or selling something (Federal Reserve, 2024). This startling statistic highlights the importance of cultivating smart money habits. As the calendar turns to 2025, it's the perfect opportunity to reflect on our financial habits and well-being.

As the calendar turns and a new year unfolds, it's the perfect time to reassess your finances and set fresh goals. This means crafting a budget for the new year that aligns with your finances and evolving life aspirations. You might be aiming to pay off credit cards, save for a dream vacation, or invest in your future; a well-structured budget is your roadmap to achieving these goals.

You might have experienced that sinking feeling when you opened your bank statement and spotted unexpected fees chipping away at your hard-earned money. We've all been there, and it's never a pleasant surprise. Therefore, you might be asking, how can I open a free checking account near me? This guide will walk you through everything you need to know about opening a free checking account in Colorado. You will understand the benefits and why Ent Credit Union is ideal for your banking needs.

Are you considering opening an account but unsure which is the right choice? A free checking account offers advantages like easy access to your funds. However, it also has certain limitations. Let us explore the pros and cons of a checking account.

Managing your finances efficiently starts with having the right tools at your disposal. A free checking account facilitates handling daily transactions and accessing your money whenever needed. This guide will steer you through how to apply for checking account services. Whether you apply for a checking account online or in person, we've got you covered.

Choosing the right Colorado credit union can offer unique benefits, such as lower fees, personalized service, and community involvement. This guide will help you understand what to look for when selecting a credit union that meets your financial needs, comparing top options, and how to join.

Adopting the right loan repayment strategies is key to debt management. Whether you are paying off a mortgage, car loan, or personal debt, a good plan will come in handy. Most of the time, the goal is to stay on track while minimizing the overall costs. A powerful tool that can accelerate success in this area is an amortization schedule. This article will discuss how various loan repayment strategies can work and why an amortization schedule is essential for effectively managing different types of home loans and other debt.

As we approach the end of the year, it’s a great time to review your financial situation and take advantage of opportunities to boost your savings. Here are three strategic moves you can make now to set yourself up for a stronger financial start to 2025:

Managing your finances in a better way starts with choosing the right checking. It’s not just about where you’ll keep your money—it’s about how easily you can access your funds, manage your finances, and avoid unnecessary fees. Are you looking to open your first checking account or considering switching from your current provider? This guide will explore everything you need to know. Ultimately, you’ll learn to choose the best checking accounts that meet your financial needs.

According to the Mortgage Bankers Association's (MBA) data, refinancing applications are surging compared to last year's levels, driven by falling rates. Refinancing a mortgage with credit unions can offer homeowners a better deal but also has potential pitfalls. So, it’s essential to understand both the pros and cons of refinancing mortgage options before applying. Knowing the benefits, drawbacks, and common mistakes will help you make the most informed decision.

Refinancing your mortgage loan can be an excellent way to reduce your interest rates, lower your monthly payments, or tap the equity in your home. However, deciding when the best time is to refinance a mortgage requires careful consideration of several factors. This guide explores mortgage refinancing, the costs and challenges involved, and expert strategies to maximize your financial benefits. Let's dive into everything you need to know.

Thanksgiving is a time for loved ones, gratitude, and, of course, delicious food. But hosting a lavish feast doesn't mean you have to break the bank. Thanksgiving on a budget is possible and can be just as enjoyable and memorable. With careful planning and some creativity, you can host a fantastic celebration that delights your guests without causing financial stress.

Budget-friendly festivities allow you to focus on spending quality time with loved ones. Plus, you'll find that a simpler approach reduces the holiday hustle and bustle. Let's explore five delicious tips to help you celebrate Thanksgiving without overspending.

The holiday season is upon us. It’s a time of joy, celebration, and togetherness. However, it can trigger financial stress due to the pressures of gift-giving, hosting parties, and decorating. Moreover, the excitement often leads to overspending, leaving many with a financial hangover in the new year. To help you navigate this festive time, we've compiled essential holiday budgeting tips. Follow them to keep your finances in check and ensure you enjoy a debt-free season.

Choosing the right loan product to meet your financial needs can be confusing. With several options like Home Equity Lines of Credit (HELOCs), personal loans, and credit cards, it's crucial to understand how each works and what scenarios they are best suited for. You might ask yourself, "What is a HELOC?" or "Which financial product is right for me?" This guide will help you answer those questions.

Imagine this: A few years ago, you took out a Home Equity Line of Credit to fund a significant home renovation. Fast forward to today, and you find yourself juggling higher interest rates with steadily climbing payments. Or you may be nearing the end of your draw period and must start repaying both principal and interest.

In these scenarios, you’re not alone. Many homeowners face similar challenges as they reach the end of their HELOC draw period or struggle with fluctuating interest rates. So, what is a HELOC, and can you refinance it? If so, how does the process work? Let’s dive into the details.

Are you considering upgrading your home? Whether it’s a kitchen remodel, adding an extra room, or enhancing your backyard, financing the project is a big deal. This guide will dive deep into these financing options, primarily Home Equity Lines of Credit (HELOCs).

Credit unions are lending and deposit-taking institutions similar to banks but owned and operated by their members. Unlike traditional banks, which are profit-driven and owned by shareholders, credit unions' main goal is to serve their members' financial needs and improve the local community. This member-focused approach translates into better rates, lower fees, and personalized service.

So, what do credit unions do? They provide a wide range of financial services, including loans, checking and savings accounts, and financial coaching. These services support credit union members in managing their finances and achieving their financial goals. By offering more competitive rates than banks (National Credit Union Administration, 2024) and flexible terms, credit unions make it easier for members to borrow money, save for the future, and manage their day-to-day finances.

Tailgating is a beloved tradition that brings fans together to celebrate their favorite teams, but it can get expensive if you’re not careful. Whether you’re a seasoned tailgater or new to the game, learning how to host an amazing tailgate without breaking the bank is a valuable skill. Here’s how you can enjoy game day festivities while keeping your budget in check.

The need to adopt eco-friendly practices is more pressing than ever. Indeed, climate change, pollution, and resource depletion are significant concerns that require immediate attention. However, many believe living sustainably is synonymous with high costs and inconvenience. The truth is that eco-friendly living on a budget is not only possible but also practical and beneficial in the long run.

Adopting sustainable practices doesn't mean you must overhaul your entire lifestyle overnight. You can be eco-friendly on a budget by implementing small, incremental changes that make a big difference over time. For instance, simply reducing food waste minimizes greenhouse gas emissions and can save the average U.S. household approximately $1,800 annually (Goodwin, 2023). Ultimately, saving the planet is all about conscious choices about the products you use and the habits you form.

Running a small enterprise requires meticulous financial management, which is where small business banking comes into play. Unlike personal banking, small business banking involves specialized services to serve the unique needs of your business. Besides basic banking services, it supports bulk transactions, managing cash flow, credit lines, payment processing and even payroll services. Indeed, having a dedicated business bank account is not just a good practice; it’s a fundamental step toward business success.

Buy Now, Pay Later is an alternative payment method that allows shoppers to make purchases and spread the cost over a period of time, often with no interest if payments are made on time. This payment method has gained traction due to its simplicity and convenience. As a result, it has become an attractive alternative to traditional credit cards. As more Buy Now, Pay Later companies enter the market, consumers have various options, each offering unique features to suit different needs.

Groceries are a significant part of any household budget. According to the U.S. Bureau of Labor Statistics (BLS), households spend an average of $5,703 annually on groceries, which translates to $475 monthly (BLS, 2023). Therefore, finding ways to save money on groceries can make a big difference. In today’s economy, every dollar counts. So, in addition to adhering to saving money tips, making small changes to your shopping habits can lead to substantial savings. In this guide, we'll share valuable tips for saving money on groceries to help you cut costs without sacrificing quality or nutrition.

Learning to budget in high school can be an invaluable skill. It sets you on a path to financial success in adulthood. Research has shown that mandated financial literacy in public schools promotes improved credit behavior in young adults (Brown, Collins, Schmeiser, and Urban, 2014). Therefore, starting your financial journey in high school is a step in the right direction. One excellent way to practice is planning and implementing a back-to-school budget.

Finding the right financial partner can be a long and difficult search. The hundreds of options available locally or online only complicate the decision. That’s where credit unions come in, offering a refreshing alternative to traditional banks. Let’s explore credit unions, how they work, their benefits and how they differ from banks.

Embarking on a graduate degree is an exciting and rewarding journey, but it also comes with its own financial challenges. As a graduate student, you have a lot of financial constraints. Therefore, a your budget becomes crucial, not only for managing day-to-day expenses but also for ensuring long-term financial stability.

Owning a pet brings immense joy and companionship, but it also creates financial responsibilities. In the first year, the average cost of owning a dog or cat is $3,221 and $1,904, respectively (ASPCA, 2024). This means you must have a detailed money strategy before owning a pet. Creating a budget for pets ensures the best care for your Fido or fluffy without straining your finances. Let’s explore how to budget for your furry (or scaly) friend effectively.

In today's digital age, safeguarding financial transactions is more critical than ever. Credit union debit cards are equipped with numerous safety and security features designed to protect users from fraud and unauthorized access. Understanding these features can help you make informed decisions about your financial security and ensure your money is well-protected.

In today's fast-paced world, managing finances efficiently is crucial. One of the most convenient ways to streamline your financial management is through direct deposit. This system allows your paycheck or other recurring income sources to be electronically deposited directly into your bank account, eliminating the need for physical checks and trips to the bank. Here, we'll explore the numerous benefits of direct deposit and how it can make your life easier.

In today's fast-paced world, managing finances efficiently is crucial. One of the most convenient tools available for this purpose is automatic bill pay, a feature offered by most checking accounts. By setting up automatic payments, you can ensure your bills are paid on time without the hassle of manual intervention. This not only saves you time but also helps you avoid late fees and improve your financial health. Let's explore the numerous advantages of using automatic bill pay with your checking account.

Switching to a credit union checking account can be a smart financial move. Credit unions often offer lower fees, better interest rates, and more personalized customer service than traditional banks. If you're ready to make the switch, here are five easy steps to guide you through the process.

In today's fast-paced world, customers value user experience, including convenience — meaning banking from anywhere, instantly, and 24/7. You can participate and start enjoying the benefits of online banking by opening a checking account online. To learn how to open a checking account, follow along. This simple step-by-step guide shows you how to open your free checking account online and take control of your financial future.

Imagine a world where managing your finances is as simple as a few clicks. A checking account is the cornerstone of this financial convenience. If you need a way to handle day-to-day expenses, a checking account can simplify your life. It’s a convenient way to handle your everyday transactions. Are you wondering what is a checking account? Considering its importance for personal finances, let’s explain.

When it comes to securing a stable financial future, making informed decisions about your savings is crucial. According to the U.S. government, Certificates of Deposit (CDs) are among the safest ways to grow your money with an extremely low likelihood of losses (U.S. SEC, 2009). Considering their popularity, Ent Credit Union provides a CD Calculator to help you optimize your CD investments. Below, we explain how to use our certificate of deposit calculator and its results and share tips on maximizing your CD returns.

With over 139.3 million members in the U.S. (NCUA, 2024), credit unions are a significant pillar within the financial system. Choosing the right credit union in Colorado is a significant financial decision. Your choice will influence your access to credit union loans, savings growth and much more. With multiple options available, it's essential to undertake a detailed evaluation to select the best credit union in Colorado.

In the realm of personal finance, our beliefs about money can significantly influence our financial decisions and behaviors. These beliefs often stem from various sources such as upbringing, culture, and personal experiences. Recognizing and understanding these beliefs is crucial for achieving financial well-being. In this article, we'll explore four common money beliefs - Avoidance, Status, Worship, and Vigilance – and provide insights on how to overcome them for better financial management. It is important to note that these are contextual and its not unusual to be influenced by multiple, seemingly contradictive money beliefs.

Are you dreaming of a vacation but worried about breaking the bank? Well, worry no more! With some savvy planning and smart choices, you can enjoy a fantastic getaway without draining your wallet. In this article, we'll explore some simple yet effective ways to vacation on a budget.

Ent Credit Union offers a convenient way for its members to send wire transfers both domestically and internationally. Whether you need to send money to a family member, pay a bill, or make a large purchase, wire transfers provide a fast and secure way to transfer funds.

Congratulations on your recent graduation! As you move from the campus to the career world, getting savvy about your finances is more crucial than ever. At first, financial planning and money management seem daunting. However, with the right approach, they become empowering tools for building a secure and prosperous future.  

This guide delivers practical financial advice for college students stepping into their professional lives. Whether it's managing student loans, budgeting your first salary or saving for your dreams, these finance tips for college students can set the foundation for a prosperous and balanced life ahead.

Financial freedom is not just about having wealth—it’s about having the control and flexibility to pursue your dreams. It means making choices that aren’t dictated by financial constraints and living a life you value. Achieving this level of independence requires a solid foundation in financial literacy.  

The following financial tips for young adults, from budgeting to investing, empower young adults to navigate the complexities of the current economy with confidence.

In today's interconnected world, it's not uncommon for friends to come from different financial backgrounds or have varying income levels. While these differences can enrich our relationships with diverse perspectives, they can also present challenges when it comes to planning activities or splitting expenses. In this article, we'll explore practical strategies for navigating finances among friends, ensuring that everyone feels included and respected regardless of their financial situation.

In today’s world, the spirit of giving is as resilient as ever. With individuals and organizations supporting numerous causes, philanthropic financial planning has become crucial to wealth management. Recent statistics shed light on the generosity of Americans. According to the Giving USA 2023 report, individuals, bequests, foundations, and corporations donated $499.33 billion to U.S. charities in 2022, with 64% of this amount ($319.04 billion) given by individuals. 

Incorporating philanthropic planning into your financial strategy is not just about making a positive impact; it’s also about aligning your financial goals with your values.

Money psychology studies our relationship with money, influencing how we earn, save, spend, and invest. So, why understand the psychology of money? Because money, in its essence, is not just a currency or a tool for exchange. It's a lens through which we view our security, success, and, sometimes, our self-worth. Our financial decisions are seldom purely logical. They are deeply intertwined with our emotions, upbringing, and societal influences. Recognizing and acknowledging this can be the first step toward financial empowerment.

Navigating our finances becomes more manageable when we understand the factors influencing our decisions—our money personalities. Ent Credit Union has developed a comprehensive Money Personality Quiz to uncover the intricate details of our financial behavior. This guide delves into the essence of money personalities. Below, you will discover, understand and identify your unique money personality and learn important strategies to improve your money management.

As the flowers bloom and the weather warms up, it's not just your home that could use a good spring cleaning – your finances could benefit from a thorough review too! At Ent Credit Union, we believe that financial well-being is an essential part of a happy and stress-free life. In this article, we'll guide you through the process of spring cleaning your finances, ensuring you're on the path to financial success.

In today’s ever-evolving financial landscape, finding secure and rewarding ways to build wealth is essential for a stable future. Traditionally, savings accounts have been a reliable source of interest income. However, if you want more bang for your buck, Certificates of Deposit (CDs) may be a better option.

Certificates of Deposits (CDs) are time-bound deposit accounts where you agree to deposit a certain amount for a fixed period. In return, your financial institution guarantees a higher predetermined CD interest rate over that period. CDs offer higher interest rates than standard savings or money market accounts since you agree to lock up your deposit for a specific term.

Managing finances as a couple can be both rewarding and challenging. While shared goals and dreams create a strong foundation, differences in spending habits and financial priorities can sometimes lead to discord. In this article, we'll explore practical financial strategies designed to strengthen your relationship and secure your financial future. Whether you're newlyweds or seasoned partners, these tips will help you navigate the journey of financial harmony.

Are you searching for the best investment for your grandchildren? Providing for the next generation is an aspiration shared by many grandparents. As the world changes and opportunities for financial growth abound, understanding the best way to secure your grandchild's future is paramount.

Whether it's education, homeownership, or simply a head start in life, the choices you make today can have a lasting impact. Let's explore the ideal savings and investment options to make the future brighter for your grandchild.

Credit unions are member-owned financial cooperatives that offer banking services to their members. Some credit union advantages include higher savings rates, lower fees, and a more personalized customer service experience. Credit unions stand out in prioritizing member needs. Here's a comprehensive look at how they set themselves apart in the financial sector.

Life's unpredictable nature guarantees that, at some point, we'll face unexpected challenges. These unforeseen events often come with a financial cost. To navigate these rough waters, an emergency fund is crucial. Let's delve deeper into what constitutes an emergency fund, why it's pivotal for financial well-being, and how to effectively build one.

Financial stability and peace of mind start with a robust, well-thought-out family budget. If you've ever felt the stress of an unexpected expense or wondered where all your money went at the end of the month, you're not alone. This guide takes you through a comprehensive step-by-step process of crafting a budget that suits your family's needs, ensuring financial health and sustainability.

Every new year heralds a fresh start—a chance to rectify past mistakes. It's the time to introduce new financial resolutions and habits for a financially sound future. As 2024 rolls around, you should take an introspective look at your finances. Then, devise a robust budgeting plan to steer you toward your financial goals. Here are some new year financial tips to ensure you navigate the year with fiscal finesse.

Your college journey involves academic pursuits, personal growth, and newfound independence. Amid the flurry of lectures, assignments, and social engagements, it's easy to overlook the importance of sound financial management. That's where a college checking account comes into play.

A checking account tailored to your unique student needs can be invaluable. An account offering a range of benefits can significantly enhance your financial well-being. So, let's dive in and explore why you need a college checking account.

Digital banking lets you securely manage your money on the go. You can access nearly all the same benefits and features on your mobile device or computer without visiting a brick-and-mortar branch. Digital banking apps also use security features such as two-factor authentication and facial recognition.  

You have many options for where and how you manage your money. Thanks to digital banking, you no longer need to go to a physical bank or credit union to open an account, make a deposit, or transfer money between accounts. You can manage your money digitally using your smartphone, tablet, or computer and save time from commuting to your local financial institution. Convenient digital banking is widespread, and your current bank or credit union probably already offers this service.

What is digital banking, and how does it compare to visiting a branch in person? Explore the benefits of digital banking and use these tips to help keep your money safe.  

It’s no secret that compound interest can be a huge financial asset. But it can also be a recipe for disaster if you’re having trouble making monthly payments on your mortgage, student loans, or credit card bills.

Planning a wedding can be expensive, but with careful preparation and some creativity, it is possible to have a beautiful and memorable wedding without breaking the bank. In this article, we'll discuss some tips and strategies on how to budget for a wedding and make the most of your money.

There are ways to travel when living on a strict budget, but you’ll need to set a budget for your trip to avoid going further into debt. You may not be able to indulge in everything on your to-do list, but if you do your research and plan the budget accordingly, you can still have a wonderful time.

Technology is here to help you with money management and your personal finances. Most of us are used to spending money every day, and keeping up with every purchase can feel like a part-time job. It’s important to monitor your finances regularly, whether you are trying to stick to a budget or saving up for an expensive purchase, such as a down payment on a house or car.

You can use money management apps connected to your bank account to quickly check your available balance or see how much you have saved. This will give you a better idea of how much you can spend at any given time so you don’t go over budget. You can also plan your finances for the next several months or year to help you prepare for the future.

Are you a current or aspiring entrepreneur? Now is a great time to start a business or continue investing in your existing business. With any business venture, you will need to manage any earnings you make from your business and your personal finances. Starting a business can be challenging at first but immensely rewarding over time. Investing is also an important part of being a business owner. Check out these personal finance tips for entrepreneurs to make the most of every dollar you earn.

Your 50s may mean juggling multiple financial responsibilities, so it’s important to take a step back and look at the bigger picture. By this point in your life, you might have a family to raise, debt to pay off and a comfortable career that suits your financial needs. With retirement approaching, you should save up a sizeable nest egg and think about how your expensive may change with health needs. Learn how your age can affect your finances as you move through the next chapter of life with our guide to financial planning in your 50s.

Now that you’re in your 60s, you’re likely just a few years away from retirement, which means transitioning to a new lifestyle where you don’t have to work. But you shouldn’t leave your retirement planning on default until the big day arrives. You should continue to monitor your finances in the years leading up to retirement to ensure all your hard work pays off in your golden years. You may have to adjust your lifestyle if you plan on making less money in retirement. It can also mean adjusting your investment portfolio to maximize your earnings and minimize your losses. Use these financial planning tips for 60-year-olds to make the most of all the savings you’ve accrued over your working years.

It’s important to monitor your financial goals throughout every stage of life. And being in your 40s is no different. You may have new financial responsibilities to consider and investments to protect, which can change the way you spend your money every month. Prioritizing these financial goals will help you and your loved ones find success later in life. Use this milestone guide to get your finances into shape.

Meeting with a financial coach will help you worry less about your finances, which can improve your physical and mental health. You will see consistent results as you work toward your long-term goals. Learning ways to decrease expenses, increase income, and and better money management skills also help you unlock new opportunities in the years to come.

Everyone benefits from meeting with a financial coach. Working with a professional can make a big difference no matter how much money you make or how you feel about your finances. You walk away from the experience with the knowledge and skills to make the most of every dollar you earn. You work too hard for your money to fall prey to costly mistakes and missed opportunities that can hold you back in the future. Learn more about the benefits of working with a certified financial coach.

Certificates of deposit (CDs) let you earn money off your savings without taking on unnecessary risks. They come with fixed interest rates that can help you plan for your future and are convenient to use for all income levels. CDs also provide peace of mind in today’s unpredictable economy.

It’s important to invest your money so that it appreciates in value over time. Many investment options let you earn money off the funds you have already earned, but CDs tend to be the most reliable. They are a predictable, stable way to grow your money over the long term. There are several types of CDs to choose from based on whether you need access to the funds in the account. Learn more about the benefits of CDs and how they can help you protect your money from inflation.

Meeting with a financial coach is a great way to get your finances in order. A trained professional will help you make sense of your financial situation and show you how to work toward your long-term goals. However, the idea of talking about money with a stranger can be off-putting to some people and the topic can be sensitive for those struggling to make ends meet. It’s their job to understand your current position and where you’re trying to go, so they can give you the information you need to achieve your money management goals. Learn what to expect from your first financial coaching session to put your cares at ease.

Being in your 20s is sure to be one of the most exciting times in your life, but it’s also a great time to think about your financial future. The decisions you make today will have a tremendous impact on your financial situation in the years to come. It is never too early to start thinking about saving for retirement, getting out of debt or saving for a down payment on your first home or car. Starting early gives you an advantage because your savings will grow interest over time. You can also lock in low rates on life insurance and other important financial safeguards. Use these financial milestones to set yourself up for success later in life.

Focus on having a steady source of income and a plan for the future, and that means putting the money you earn to good use. Your 20s give you time to build a foundation, and now you can start building up a safety net for yourself and your loved ones. This period will inform the next decade of your life. You might take on new responsibilities in your 30s, such as a mortgage, car payments, insurance and healthcare expenses, which will eat into your earnings. But you should use this time to save money and pay down your debt to set yourself up for a bright future. Consider setting these financial goals by 30 to form good money management habits.

Not all advice is created equal when it comes to budgeting and saving money. The financial landscape has changed over the past few decades, and some financial tips have become increasingly unreliable as time goes on. Financial myths get carried down from generation to generation, but it might be time to retire some of them for good. They include topics like renting vs. buying a home, the pros and cons of carrying around debt and other important matters related to your personal finances. If you’ve heard one of these personal finance myths, be sure to take them with a grain of salt.

If you’re looking to send and receive money quickly using your mobile phone, you might have heard of the app known as Zelle. You can use Zelle to pay for goods and services on the go once you link the app to your bank account, but it has some limitations that can affect how you spend your money. There are dozens of apps like Zelle that let you make payments with your mobile device, and they each come with different features. Learn more about the differences between these products and how they work.

Money is designed to be spent. You will need to transfer money for all sorts of reasons, but how you transfer can change depending on where you are and where your money is going. There are many ways to send money in the digital age, including traditional wire transfers and online apps that transfer money instantly. Choosing the right method depends on how fast you need to send the money, how much you’re willing to pay, and how you plan to access the funds. Learn more about what money transfer options are available.

Inflation can seriously affect your finances. Rising prices can reduce purchasing power, so you might need to stretch your funds farther than you used to. Economic forces like inflation are out of your control, but what you can control is how you manage your finances in times of flux and stress.

The start of a new year is traditionally a time for reflection. Many of us think about what we would like to change about our lives during this time of year, which can often mean changing the way we spend and earn money. Many of us make New Year's resolutions but face difficulty keeping up with our goals by the time February rolls around. That’s why it’s important to set attainable goals so you don’t feel like you’re running up a never-ending hill. Use these financial New Year’s resolutions to set yourself up for success in 2023 and beyond.

The holiday season is right around the corner, and all those added expenses could significantly impact your finances. From gift-giving to lavish homemade meals and traveling to see loved ones, the costs can put a dent in your bank account or force you to take on more debt, but there are ways to enjoy the holidays without spending a fortune. Use these holiday spending tips to get through the season unscathed.

There are so many reasons to have more than one bank account. Most of us use money in different ways, so it may make sense to open additional accounts. The situation can become more complicated if you are married or more than one person uses your account. Use this guide to help you open the right number of bank accounts.

A recession represents a decline in economic activity and often leads to high unemployment. Recessions are a natural part of the business cycle, but they can also have a detrimental effect on your finances. Recessions come and go, but they are historically difficult to predict. Learn how to prepare for a possible recession by adjusting your personal finances accordingly.

Have you ever wondered how much money it would take for you to be considered rich or wealthy? While people may have different definitions of wealth, it is commonly thought of as having great material resources or assets. Read this article to learn what is considered wealthy and what experts recommend to help you build your wealth.

As fuel costs climb, the ripple effects of inflation touch nearly every aspect of our finances, from daily commutes to the overall cost of living. As such, adjusting for inflation can be critical to our ongoing effort to maintain financial stability. In this article, we’ll explore the ins and outs of handling the effects of rising gas prices by employing budget adjustment strategies that work.

With a record number of job openings all over the country, it’s a great time to look for a new job. But transitioning careers can leave you without income for several months or more, depending on how long you are out of work. If you are thinking of changing jobs, learn how to manage your finances during this period of transition.

Living paycheck to paycheck isn’t easy. It means using up all your paycheck until the next one arrives. This leaves little to no room for surprise expenses, such as accidents, medical emergencies and other surprise fees that can put your bank account in the red. It also makes it harder to save for long-term goals, such as retirement, buying your first house or paying off your credit card or student loan debt. Use these personal finance tips to break out of the cycle so you can start saving more money each month.

Inflation can have a serious effect on your finances. When prices start to rise, consumers lose their purchasing power, which means your money won’t go as far as it used to. You may not be able to control inflation, but you can change the way you manage your finances during these uncertain times. Learn more about the effects of inflation and the impact it can have on your savings and income.

Getting a check in the mail or automatic deposit from the federal government after you submit your tax return is a great opportunity to whip your finances into shape. Don’t let that money burn a hole in your pocket. Use these tips to make the most of your tax refund.

There’s more than one way to make a budget. Use this guide to learn about the different ways you can manage your expenses as you work toward your financial goals.

Many companies have started letting their employees work remotely. You can attend meetings, take calls and answer emails without going to the office every day. Working from home helps to improve worker retention, work-life balance and can even reduce certain expenses. The average person saves around $4,000 a year by working remotely. So, what are some things you can do to put that extra money to work? Use this guide to make smart money management decisions and get the most of every penny you earn while working from home.

As a consumer, you have choices on where to buy the things and services you need, from cars to home goods and everything in between. If you’re trying to save money, you might try comparing prices from more than one store or vendor. Finding the lowest price can help you save money, leaving you with extra cash to invest and pay down debt or work towards other financial goals. Comparison shopping is easier than ever with online tools and shopping. Use this guide to find the best deals online or in-store.

You may be intrigued by all the free checking accounts you see advertised. No one likes to pay fees, especially when accessing your own money. Those fees can eat away at your budget. Therefore, free must be good, right? Yes, but free checking is not always completely free. You just need to know what to look for.

If your child is responsible enough to manage their own money, you can set up a student checking account that comes with its own debit card. Here’s what you need to know about opening a bank account for your child.

Around this time every year, countless people spend time pondering and planning goals and resolutions for the upcoming year. Whether your new year’s resolutions are big or small, improving your personal finances can probably help you reach them. A foundational piece to improving your finances is learning how to save more and spend less. Read this article to learn about some of our Community Education Team’s favorite money tips to try in the new year.

With the New Year rapidly approaching, many take this time to reexamine and reprioritize every aspect of their life, including their finances. The end of the year is a great time to reflect on everything you’re doing right and how you’d like to improve. Many of us make New Year’s resolutions, vowing to change our behavior for the better. If you start meaningful financial habits, you will be one step closer to achieving financial health. If you’re looking to improve your finances, add these New Year’s financial resolutions to your list.

Americans are more in debt than ever. The pandemic may be to blame for part of the increase, but studies have also shown that Americans are less financially literate than they used to be. If you’re struggling with debt, or you just want to live within your means, the first step is to create a budget.

Your net worth all comes down to assets and debts. Everyone owns a few assets and you may have a few debts or liabilities as well. Calculating your net worth shows you how much you’re worth in terms of dollars and cents. It’s how much you own or have minus everything you still owe. Use this simple guide to learn how to calculate your net worth.

If you’re looking to make the most of your money, it’s time to set a financial goal. Everyone has dreams of a better tomorrow, and saving money is usually a big part of making your dreams come true. Setting a goal is like setting a budget. You should work towards saving as much money as you can every week/month until you reach your goal, whether it’s buying a new car, saving for retirement, or paying off your student loan debt. Setting a goal for your finances is the best way to turn your money into something of value. Learn how to take control of your money with these personal finance tips.

If you’re looking to save money, you may be interested in what’s known as the zero-based budget (ZBB), or zero-sum budget. This means allocating all of your monthly income to various expenses, including basic needs like food and rent, as well as savings and paying off existing debt. Allocating 100% of your monthly income doesn’t mean spending all your money every month, nor does it mean you have to put it all in savings either. It just means you have a plan for every cent you make. Learn more about this method of budgeting and how it can help you improve your finances.

Do you get to the end of every month with no cash left, struggling to pay the final few bills and frustrated because you can’t seem to stay on budget? Learning how to track spending can help you be more aware of where your money goes throughout the month and can help prevent you from having to scramble until the next paycheck.

As a new consumer, you might not have much experience managing your money, but that’s okay. If you are looking to start good money habits now and make the most of your hard-earned money, use these money management tips to help you get started.

Are you ready to put your money to work for you to earn interest, but still have it readily available to access? That’s the basic money market account definition. Money market accounts offer you the option to maintain liquidity, while you watch your money grow.

Making the most of your money isn’t always easy these days. Chances are you’re getting hit with expenses from all sides, which can be stressful if you don’t have a lot of money to go around. Regardless of how much money you make or what you’re looking to do with it, it’s always a good idea to learn how to budget. This will help you better manage your finances, so you can prepare for the unexpected. 

Whether you’re saving for your child to go to college or planning the next chapter of your career, you have several options to choose from when it comes to paying for school. The good news is that you’re thinking about your options ahead of time, which should help you make the most of your money as you prepare to further your education. 529 plans can be confusing but learning about these programs will help you save money over time as you finance your education, regardless of where you decide to go to school.

Have you filed your tax return yet? If you're worried about preparing your taxes, use these tips to help get you ready for tax season.

Read this article to learn how a kids checking account can help your kids succeed in college.

As a parent, you might struggle with when and what to teach your children about money management. Is five too early to earn an allowance? Should you share the family budget with your children? When should teens learn about credit? These are all important questions, and it’s often not easy to know the answers. Kids have different levels of interest in financial education. But research tells us that by the age of five most children understand money and what it can do. The information below offers more specific guidelines for different age groups. Again, these are just guidelines. What decisions you make about when and what to teach at home depend on your family situation, household budget and how comfortable you are in the role of teacher.

Saving money can feel like a challenge. Even thinking about saving – when you’re trying to pay off existing debt – can be stressful. But, it doesn’t have to be. You can start to save more by using these strategies.

We’ve all heard sayings like “you can’t buy happiness” or “money is the root of all evil.” Money isn’t the most important thing in life, but it can help someone achieve their goals in areas such as providing for their family, having more freedom around lifestyle choices and taking care of their health. Some people may have negative feelings about money due to bad experiences in the past, but money can be a positive part of a person’s future.

If you could only learn four things about money, what would they be? Read this article to learn about four essential money principles that can help you take control of your finances.

A year-end financial checklist is a great way to get your finances in shape before the start of the new year and can help you reflect on what’s working and what can be improved. The checklist depends on your financial needs and what you want to achieve. Everyone should routinely inspect their finances over time to ensure they are on track to meet their goals. Keep these ideas in mind when creating your end-of-year financial planning checklist.