Talking To Your Kids About Money

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How to establish a budget for your kids

When is a good time to start talking to your kids about money? When should you start to provide them with the tools needed to help them create their own budget? What about the right time to start teaching them the discipline to stick to that budget? The sooner the better! Developing money managing skills provides us with a strong …

The Brain/Money Connection

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Money brain

We know that stress impacts our health in various ways, but did you know the brain is also physically affected by stress? Neuroscientists at the University of California, Berkeley, have found that chronic stress triggers long-term changes in brain structure and function. And nothing spells stress like money dilemmas! Neuroscientist Dr. Sam Barnett conducted research to determine the brain’s appearance …

Everything You Want to Know About Bitcoins (… But Were Afraid to Google)

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guide to bit coin

What are Bitcoins and how can you get some? Here’s a simple introductory guide to help answer these questions and more! What is Bitcoin? An entirely digital form of money.  In other words, if the U.S. has dollars, and Europe has Euros, the internet has bitcoins. But the fact that bitcoin is digital isn’t the most interesting thing about this …

Back-To-School Savings

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Back to School Savings

Back-to-school time is the second largest shopping season of the year. If all that spending makes your head pound, take heart. We’ll help you navigate it with your budget and sanity intact. Read on for 12 back-to-school saving tips. 1.) Do a house-wide sweep Before you spend a penny, scour your closets and drawers to see what you have lying …

Credit Unions: Acknowledged As The Best Way To ‘Bank!’

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Picture of trophy cup in front of red curtain

You may not realize this, but you’re one of a small percentage of Americans who have discovered what The Wall Street Journal and other media are just beginning to realize: A credit union is the best way to bank! Credit unions received top marks in the American Customer Satisfaction Index, significantly outpacing other financial institutions. Several websites, such as BusinessInsider.com, …

Walking the Tightrope: Balance Your Portfolio to Keep Your Future on Track

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Business woman holding brief case while balancing and walking on a tightrope above the city

Personal finance is almost always a balancing act. You’ll need to strike a balance between spending and saving. You’ll want to balance your expenses against your income. You would be wise to make sure the risk and potential reward stay in balance. Most importantly, though, your portfolio will benefit if you keep your investments in balance. There are many ways …

Minimize Investment Risk by Building Up Your Savings

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Woman looking down and putting money in a piggy bank while holding it

It’s important to have a solid cushion of savings before you start putting your money into an investment. Life is full of surprises. You don’t want to be caught in an emergency that leaves you desperate for cash when all your funds are tied up in bonds, CDs and stocks. Follow the 50/30/20 rule. Financial advisers suggest that 50% of …

Getting Your Finances In Order

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Man looking through file cabinet with multi colored hanging folders: camera focused on tab reading "Investments"

Congratulations! You’ve made the important decision to invest some of your finances this year, and it’s your first time ever. You’re eager to get your money into the market, yesterday. But where do you start? Jumping into the market without first taking careful stock of your finances is like asking for seconds at the dinner table before finishing your first portion. …

Personal Loans: The Swiss Army Knife of Personal Finance

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Young woman sitting on floor, smiling, while holding cup of coffee, scrolling through her mobile phone, moving boxes all around her

Sometimes life throws expensive surprises. To cover them, you’ll need to borrow. If you’re borrowing to finance one of these costly events, consider a personal loan. 1.) Weddings. When it’s time to get married, the wedding is on – there’s no waiting for funds! The average wedding costs over $30,000, too much for one credit card, and the interest would …