Share Savings Certificates: How To Keep Your Money Spinning

That Makes Cents

Man smiling while counting out one hundred dollar bills: bills flying all around him and in front of him

Share Savings Certificates are an excellent savings option. They’re NCUA-insured, have a better dividend rate than a savings account and generally safer than the stock market. Before you lock your money up, though, answer these questions: 1.) What am I saving for? If you’re saving for a rainy day, you’ll need the flexibility to withdraw your money quickly. Consider a …

4 Home Improvement Projects With High Long-Term Return

DYI Home Finance

Older couple laying on the floor, coffee cups next to each while reviewing home improvement plans

When you’re making improvements to your home, you’re not just making your life better in the short term. You’re also making an investment in your future. Ideally, the increase in the value of your home will exceed the cost of the improvement projects. However, it seldom works out like that. The most efficient home improvements don’t pay for themselves immediately.  When …

7 Ways To Stop Worrying About Debt And Love Your Mortgage

DYI Home Finance

Oriental, young, woman holding a red, paper heart to her face, eyes showing

Every corner of the personal finance world seems to hammer home the same point: Debt is the wealth killer. Debt is the single greatest threat to your retirement planning, college savings and financial independence.Except, as it turns out, there is one kind of debt that defies all of these rules: mortgages. Money you owe on real property can, in fact, …

Which Is Right For Me: Adjustable Or Fixed-Rate Mortgage Loan?

DYI Home Finance

Business woman holding two miniature model homes in her hands

The choice of which mortgage loan to go with starts with a simple question: fixed-rate or adjustable? There are many different terms, points and rates associated with each, but narrowing your search to a category can really simplify the process. Fixed-rate mortgages are the more traditional choice. You and a lender agree to a length of time (or term) and …

Private Mortgage Insurance – What You Need To Know

DYI Home Finance

Smiling couple sitting on the floor back to back with a outline of a house over them, moving boxes around them

Whether you’re a long-time homeowner or you’ve just started shopping for your dream house, you’ve seen stacks of papers full of acronyms. Buried amid the dense undergrowth of legalese are three letters that could be costing you more than you think. PMI in a nutshell Close your eyes and imagine yourself as a venture capitalist, like those you may have …

Should I Get A New Or Used Car?

For the Road

Man taking picture of his vehicle with his mobile phone

Can’t decided between a new or used car? Let us help break it down for you. New Auto Loan Generally speaking – It’s much easier to get a new auto loan than a used auto loan from a lender. This is because a lender looks at the value of the auto purchase because that vehicle is held as collateral. An …

Setting Yourself Up For Auto Loan Success

For the Road

Excited, young woman holding up keys while sitting in her new convertible vehicle

When shopping for a new car, it’s always too easy to let your emotions do the shopping. After all, you’ve been fantasizing about that red convertible for how long? For most people, a car is the most expensive purchase they’ll make aside from their house. So, keeping this sobering thought in mind is a solid step toward reining in those emotions. …