It’s natural to wonder exactly how a bank safeguards your money. Fortunately, the Federal Deposit Insurance Corporation (FDIC) insurance exists for this very reason: to help protect your funds once deposited. Read on to explore the purpose of FDIC insurance, how it works, and what it covers. What Is FDIC Insurance? The FDIC is an […] READ MORE
Concerns over identity theft continue to grow, especially with the news of data breaches at major companies and financial institutions. Unfortunately, you have little control over when a company is hacked, but you do have control over your own actions. Ten Things to Leave at Home Social Security Card – A Social Security card may be […] READ MORE
Many Americans have taken steps in recent years to protect their identity. According to a recent report, total dollars lost due to identity theft in 2023 was nearly $23 billion. If you haven’t taken measures to protect yourself, it may be a good idea to consider your options.1 Identity theft is a crime in which […] READ MORE
You taught them how to read and how to ride a bike, but have you taught your children how to manage money? The average debt for student borrowers is $40,499. And nearly 11% of new graduates will default within the first twelve months of repayment.1,2 For current college kids, it may be too late to […] READ MORE
We are in the midst of an unprecedented transfer of wealth, with trillions of dollars being moved from one generation to the next. This transfer challenges many commonly held notions as new values and interests become more prominent. In short, the economy is changing, and while some of these new practices might raise an eyebrow […] READ MORE
Benjamin Franklin once said, “a penny saved is a penny earned.” One way to find the money to meet your spending or saving needs is to examine your current spending habits and consider eliminating money wasters. Top Money Wasters Bargain Shopping…and its Expensive Cousin, Impulse Buying: Fire sales and impulse buying (such as products sold […] READ MORE