A down payment is the amount of money you pay up front when buying something with a loan; like a car or in this case, a home. Here’s a quick…
Tag: saving
When you see “Back to School” you know summer is winding down. Retailers know kids and teens will need (want) new supplies and clothes for the next school year and…
Financial skills are the final piece of the puzzle that prepare kids to use their financial mindset and good financial habits to become fully financially capable as teenagers and adults.…
What’s the difference between saving and investing? The terms get used interchangeably sometimes but they’re not the same and knowing the difference between the two will help you plan for…
To save means to set aside, keep, reserve, conserve, or stockpile. National Savings Day (October 12th) was created to drive awareness about the importance of saving. To quote Warren Buffett,…
No matter what time of year it is, it’s always a good time to dream about a vacation; especially a warm sunny place during the winter or a cool breezy…
A certificate of deposit (CD) is an account where you’re required to leave your money for a set period of time (3 months, 6 months, 1 year, 5 years, etc.).…
A money market account combines some of the features of checking and savings accounts by offering limited check writing, a debit card and usually a higher interest rate than a…
A savings account is typically used to hold money for longer periods of time, when you anticipate only a few withdrawals per month. Most savings accounts earn some interest, with…
A checking account is one of the most common accounts people use for day to day transactions. It typically comes with a debit card and paper checks, and may or…