Explore Your Relationship with Money

The Psychology of Money: How to Achieve Financial Wellness Financial success isn’t a precise science, but it is achievable. The psychology of money is the study of our behavior with money. It’s a soft skill in which how you act matters more than what you know. Once you are aware of your tendencies, you can […]

Take Control of Your Budget

Needs vs. Wants: How to Prioritize Your Spending Understanding the difference between “needs” and “wants” is essential for financial literacy and budgeting. Before making a purchase, you should thoughtfully consider your wants and needs. What Are Needs? Needs are your basic living expenses, items required for your health, or expenses required to do your job, […]

Demystifying Life Insurance

Life Insurance: What You Need to Know Life insurance provides you with peace of mind while you’re still alive and financial support for your loved ones after you’re gone. It is something you should have if you have people who rely on you for day-to-day expenses, college tuition, or retirement income. Here are some frequently […]

Plan for Your Financial Future

How to Make Smart Money Moves in College Whether your college graduation is months (or years) away, it’s never too early to start planning for your financial future. The sooner you understand student loans and retirement funds, the better off you will be. Set Up a Savings & Checking Account A savings account allows you […]

Simple Strategies to Build Credit

Credit 101: How to Build & Improve Your Credit If your credit score is lower than you’d like it to be, there may be a quick way to increase it. You can improve your credit score by taking a few basic steps, such as opening accounts that report to credit bureaus, keeping modest balances, and […]

Discover the Basics

A Beginner’s Guide to Taxes Tax preparation may be one of the most frustrating tasks we face each year. However, it’s easier than it looks. In most cases, Americans must pay both state and federal taxes. Here is a beginner’s guide to taxes. State vs. Federal Taxes State income taxes vary considerably from state to […]

Achieve Your Goals

How to Set & Follow Your Goals Goal setting is a powerful method for seeing your ideal future and inspiring yourself to make that vision a reality. Consider what you want to do first, and then commit to it. Set SMART (specific, measurable, achievable, relevant, and time-bound) goals that inspire you and write them down […]

Budgeting 101: How to Create & Stick to a Budget

A budget is a plan that outlines how you plan to spend your money each month. The main purpose of a budget is to ensure that you have enough money for day-to-day spending while also preparing you for both planned and unexpected expenses like emergencies, large purchases, or retirement. Follow these five helpful tips to […]

The Power of Compound Interest

How Compound Interest Can Help You Save Compound interest makes your money grow faster because interest is calculated on the accumulated interest over time. Compounding can create a snowball effect as the initial investments and income earned from those investments grow together. With compound interest, you’re earning interest on interest. Compound Interest vs. Simple Interest […]