Financial Fundamentals Blog

What Is An eStatement and How Safe Is It?

  • 7 17 Staff
Keeping track of your spending, identifying errors and monitoring for fraud are essential activities when you have a checking account and credit card, and your monthly statements help you do those things. Consumers are increasingly choosing eStatements for their accounts rather than paper statements. As of 2020, 56% of credit...

Which Business Loan Is Right for You?

  • 7 17 Staff
Whether your business is already established or you’re just getting started, there are many reasons to consider applying for a business loan. However, if you’re considering a business loan, you might want to apply sooner rather than later to avoid interest rate hikes due to rising inflation. Considering building or purchasing...

Debt Consolidation: Learn How To Do It The Right Way With Our Calculator

  • 7 17 Staff
Having debt isn’t always a bad thing. Mortgages and car loans are valuable tools to help you afford larger purchases. However, there’s a certain point where the debt can get out of hand and jeopardize your financial wellness. But there are steps you can take to address your debts and rebuild your finances. Debt consolidation is...

4 Most Common Types of Identity Theft and How to Protect Against Them

  • 7 17 Staff
Identity theft is the use of another person’s personal information, such as their name, address and Social Security Number (SSN) for personal gain. Identity theft can create many problems for those affected, including a decline in credit scores and finances. Those affected by identity theft may feel anxiety about their future...

First-Time Homeowners: This Is How to Prepare to Buy a House

  • 7 17 Staff
Are you considering purchasing your own home? Owning your own home is an exciting prospect. You’ve probably started thinking about how many rooms you want, the size of your kitchen, and if a garage is an important must-have or not. Before getting started on planning what features you want your home to have and what you want it...

5 Tips on How to Improve Your Credit Score

  • 7 17 Staff
Your credit score is one of your most important financial assets. It can affect a lot of your financial decisions such as purchasing a car or house, applying for a student loan or credit card, and even renting an apartment.

Inflation Periods in the US: How to Make Smart Economic Decisions With Inflation on the Rise

  • 7 17 Staff
Many people are currently feeling the effects of inflation, from grocery prices to the cost of gasoline, utilities and housing. Inflation is the rise in prices over a certain period of time. Prices for goods, utilities and housing have steadily risen in recent months, with the U.S. inflation rate reaching 9.1% in June. Many...

Save on Back-to-School Shopping with these Tips

  • Francesca Sacco
August is here, which means the start of school is right around the corner! Start planning your back-to-school shopping now to avoid unnecessary stress and spending.

What is Financial Literacy and Why is it so Important?

  • Francesca Sacco
According to Experian, financial literacy is the confident understanding of concepts that include saving, investing and debt that lead to an overall sense of financial well-being and self-trust.

Get back to the financial basics this National Financial Literacy Month

  • Francesca Sacco
April is National Financial Literacy Month, so it’s the perfect time to reflect on your personal finances! Financial literacy is the ability to understand and effectively use various financial skills, including personal financial management, budgeting and investing. It is the foundation of your relationship with money, and...

Tax benefits of owning a home

  • Francesca Sacco
Are you a new homeowner or considering buying your first home? As the 2022 tax deadline – April 18 – approaches, it’s important to know what tax benefits you can take advantage of on your returns so you can maximize your savings.

The Dangers of Impulse Spending: 5 Tips To Help You Save More Money

  • Francesca Sacco
Americans make up to 156 impulsive purchases per year, according to one report — and that’s only the impulse buys they’re aware of. Many retailers and other businesses are reliant on impulse purchases to push their sales and revenues even higher. This is why businesses and their advertisers are eager to leverage the feeling of...