Hey! While there are a lot of ways to pay bills these days, it’s important to understand how to use checks as a payment option.
A checking account allows you to make deposits and withdraw money to make payments. In exchange for greater access than accounts such as savings or investment, checking accounts tend to offer lower interest rates or returns on your deposits.
One way to withdraw your money from an account is by writing a check. The amount on the ...
Hey! If you’re thinking about buying a home, here are four factors to consider:
Number 1: The long-term value. Typically, homes are appreciating assets, which means the value usually goes up the longer you own it.
Number 2: Payments. A portion of your monthly payment goes to your original loan and toward owning the home. The balance goes to interest. The larger the down payment, the more the original loan or principal will be covered with your payment.
Hey! If you’re in your 20s, don’t underestimate how valuable it is to start saving money for retirement now. It’s never too late to start saving, but people in their 20s are at the prime age to maximize the benefits of time, including capitalizing on compounding interest.
Here are 4 tips to help you start growing your money in your 20s.
Employers. Some employers offer to match 401ks. If possible, put in the maximum amount to get the maximum out of your ...
Hey! Did you know that financial stress is one of the biggest impacts to employee performance?
According to a recent study, financial stress can impact your workforce in a wide variety of ways, ranging from increased absenteeism and tardiness to decreased productivity, even to physical health issues such as ulcers, anxiety, and heart problems.
So, what can you do to address this stress as an employer?
Many organizations now offer financial wellness programs that help teach employees to better manage their money — ...
Hey! If you’re interested in applying for a small-business credit card, here are four tips to keep in mind.
You will have to sign a personal guarantee, which means you agree to be personally responsible for any debt, regardless of what happens with your business.
The application may temporarily cost a few points of your personal credit, as the issuer wants to ensure that you are financially stable before giving you money. Also, depending on where the small-business card reports to, your ...