Wednesday, July 23, 2014

The Credit Union Advantage

Nearly one-third of all Americans belong to a credit union. Frankly, we were interested to find out why that figure is not significantly higher. After all, credit unions seem to offer significant advantages over many banks: lower interest rates on loans; higher yield on deposits; low or no service fees; active participation in the community. The list is lengthy. Probably the only advantage national banks continue to have over credit unions is...
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Thursday, July 10, 2014

Summer Financial Training School

Are the little entrepreneurs in your home working extra hard this summer to earn money with their lemonade stands and summer jobs? No matter what their ages, this may be the perfect time to teach your children about budgeting. Below are some valuable money management lessons you can provide your youngsters. For younger children Money As You Grow suggests children split their allowance into three labeled jars: one for savings, another for...
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Wednesday, July 2, 2014

We have all read the harrowing statistics about student loan debt. College grads enter the real world with an average of $34,000 in student loan debt. According to the Economic Policy Institute, the unemployment rate for recent graduates is 8.5%, and 16.8% are underemployed. With all these gloomy statistics, how can a debt-riddled Gen Y consumer even consider buying a home? Cheer up, Millennials! There is hope. Check out these tips to help...
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