Financial Fundamentals Blog

What Is a Money Market Account? Five Things To Know

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If it’s time to take your savings plan up a notch, a money market account can get you closer to your goals by making your money work a little harder for you.

A Simple Guide To Investing for College Students

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Think investing is only for older adults? Wrong. Think investing in college is only for finance majors? Wrong again.

Student Savings Accounts: What to Know and How to Get Started

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It can be tempting to wait until you’re done with college to start a savings account. Your finances in college are limited, so it can seem like there’s no point in opening an account.

What Is Covered by Homeowners Insurance?

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Your home is one of your most important and valuable assets, so you’ll certainly want to protect it. One of the best ways to do this is through homeowners insurance. While this isn’t required by law, many mortgage lenders have a vested interest in homeowners insurance for your house. Plus, if anything should happen to your...

How Does an HSA Work? The Pros and Cons of Health Savings Accounts

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One of the most common questions when considering health care benefit options during enrollment is, what is the best way to save on health care costs? Should you enroll in a plan with a lower deductible or a high-deductible plan? Should you opt for a health savings account (HSA)? Most importantly, what exactly is an HSA, and...

How Does Refinancing a Loan Work and How Can It Save You Money?

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Even if you budget well, you may be looking for financial relief where you can. One possibility that many people don’t consider (because it can seem a bit overwhelming) is refinancing. This financial strategy can give you a bit of breathing room in your budget — and possibly better loan terms, too.

Understanding the Difference Between HSA and FSA

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We know that health care can be confusing and expensive — and it can be difficult to know what is best for you and your family. One of the most common concerns when deciding on health benefits is how best to save for health care costs.

What You Should Know About Student Loans Before Starting College

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Congratulations on taking the next step in your education by going to college! At this point, you may be looking into your financing options. Hopefully, you’re not considering student loans until after you’ve exhausted options such as grants, scholarships and fellowships that you don’t have to pay back after you graduate.

Features to consider when opening a new checking account

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Opening a new checking account is usually easy. However, choosing the right financial institution and product for you is another story.

Specialized Loans: Why a Smaller Loan Can Really Make a Big Difference

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Everyone is feeling their budgets becoming tighter as a result of rising inflation. From gas to eggs to clothes, prices are continuing to rise, making it harder to put aside money into savings or have funds for an emergency.

What Is An eStatement and How Safe Is It?

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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?

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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...