Ask almost anyone if they know there’s a difference between saving and investing and they’ll say yes. Ask them if they know what that difference is, though, and you’ll get a lot less positive answers.
When you look at interest rates, you’ll see two abbreviations pop up over and over again—APR and APY. Some financial institutions will show both the APR and APY for their finances, while others may show only one value or the other. To make things more confusing, the rates may only vary by a fraction of a percent.
First Alliance Credit Union announced Monday, March 11th, 2019 that they have purchased land in the fast growing area just off of West Circle Drive North West in Rochester, near Costco. The credit union has plans to build a new full service branch at the location which is slated to open by the end of 2019.
Do you want to feel like you have more control over your finances? Maybe you just don’t quite know where to start? Or have you tried different tips and tricks before but run into bumps in the road along the way, and then reverted back to your old spending habits? Does this sound like you? To help you get started with budgeting and saving and to be successful long term we hosted a Facebook Live question and answer session. Here’s the video and a brief recap of what was discussed.
Establishing a savings account is the best way to help you financially deal with the uncertainties of life, such as job loss or medical expenses, and achieve your financial dreams, like paying for college, purchasing a car, traveling, buying a home or saving for retirement. Below are some simple ways to save and invest in your financial future.
You don’t need to be a millionaire in order to take advantage of a trust fund. If you have a few thousand dollars that you want to make sure helps a person, group or organization, a trust fund is one of the best ways to ensure that money is used for the purpose you intended. How do you create a trust fund, though? What are the first steps you need to take?