Financial Fundamentals Blog

Credit Unions vs. Banks: 6 Benefits You Need to Know

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If you’ve only done your banking at a traditional bank, the value of a credit union can be hard to understand. On top of that, the big advertising budgets afforded by banks mean that consumers start their financial journey having a stronger familiarity with big-name banks as opposed to local credit unions.

How to Utilize Your HELOC to Streamline Your Debt

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When debt grows beyond your ability to pay it off in a matter of months — or, in some cases, years — it’s time to consider other options for paying off that debt, managing the amount of interest you’re charged and building a plan to settle this debt and get your finances back on track.

Comparing HELOC and Home Equity Loan: Which is Right for You?

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On top of having a large space with a backyard for your family, undoubtedly one of the greatest benefits of owning your own home is using the equity you’ve built up to fund other goals. The equity of your home is the amount of your house’s market value minus the amount owed.

Unveiling Key Differences Between Refinancing, Home Equity Loans, and HELOC

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One of the benefits of owning your home is the ability to tap into the equity built up in it in order to achieve your goals. But when you’re looking at refinancing versus a home equity loan versus a HELOC, how do you know the differences between them — or which is best for your situation? Today, we’re digging into the pros and...

Unlocking the Power of Financial Growth: A Comprehensive Guide To Certificates

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Let’s say you’re saving money toward a goal. Maybe that goal is retirement; perhaps it’s a new house; or maybe you’re planning on taking yourself on a well-deserved vacation.

Impulse buying: What it is and how to stop it

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We’ve all been there: retail therapy after a bad or long day, new clothing, books or home items that caught your eye in an influencer’s post—even tacking on a candy bar in the checkout line or a latte while grocery shopping. All of these unexpected purchases that were made with little to no consideration are known as impulse...

Secure, Swift and Convenient: The Future of Mobile Banking

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Mobile banking apps have become a necessary part of the overall banking experience, and many of us can’t imagine not having them as part of our financial tools. They’ve made paying bills, checking on accounts, transferring money, exploring other financial products and depositing paper checks much easier than before. And with...

Financial Freedom Awaits: Setting and Achieving Your Long-Term Goals

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What does financial freedom mean to you? Is it paying off credit card and loan debt? Saving for a house? Being well prepared for retirement? Improving your credit score?

Inflationary Realities: Adapting Your Budget To Economic Pressures

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Inflationary pressures on personal budgets have a huge impact on your day-to-day. Suddenly, the same gallon of milk you bought last month is twice as expensive. You’re keeping track of every mile you drive in your car.

Exploring the Pros and Cons of Different Types of Checking Accounts

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Regardless of the type of checking account you choose, one thing should always be true: Your checking account should give you more power over your money. That said, you do have options.

Debit Card Advantages and When to Reach for Your Debit vs. Credit Card

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Debit and credit cards look nearly identical, enable you to make purchases more conveniently and can even offer rewards. But that’s where the similarities stop.

Choosing the Right Checking Account: Personal vs. Business

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If you’re a business owner, it’s important to understand the difference between a business checking account and a personal checking account, and to utilize the right checking account for the right purpose.