Recession 101: What Can We Expect?

How Do We Know If We’re in a Recession? Whenever we turn on the news, we see the same word plastered over and over again on each channel: recession. Money managers, pundits, bankers, politicians, you name it, the word on everyone’s mind...

High Spirits, Higher Prices This summer, the pain at the pump was ticking up: $4 a gallon, $4.50 a gallon, $5 a gallon, $5.50, and in some parts of the country, $6+. Groceries? What used to be $100 a week to feed a family of four suddenly became $200....

What is Interest? By itself, interest is a pretty basic concept: it’s money you pay as a fee for using someone else’s money, basically a charge on a service. We’re used to that in our daily lives, from bank fees to online transaction...

Compounding Interest

The Financial Perils of the Small Business It’s hard out there for small businesses. Nearly 1 in 5 businesses fail within the first year in the United States. After five years, 49.7% have failed. With millions of businesses in existence, that’s...

Small Business

When Is It Appropriate to Tap into a Home Equity Line of Credit? What is a Home Equity Line of Credit? Part of the value of home or property ownership is the ability to build credit and make money on it as an investment. We normally think of...

Why Are Banks Valuable? We need to change our definition of banking to give it more perspective. This might sound strange, but the conventional definition of a bank is fairly limited, especially in the common use. When we hear the word bank, we...

Understanding How Credit Works We’ve all heard the term credit score before, possibly many times (possibly too many times for some of us). It seems to run our financial lives and dictates many things from what we can borrow to how we pay things...

Financial Fraud 101 Most of us maintain steady jobs, save our money, invest wisely when we can, and work hard to protect our finances and our futures. We balance our checkbooks, keep ledgers and accounts of what we owe, and maintain healthy credit...

Cyber Security, Elder Financial Abuse

Getting Ready for Tax Season – The Biggest Changes for the Upcoming Tax Year What’s New for 2022? One of the most consistent experiences of life also happens to be one of the least understood by the average person: taxes. Many of...

Tax Season

Getting Educated About School College is one of the best choices a young person can make for their future. From career opportunities to the inherent worth of education, there are numerous benefits to attending a university after high school. College...

College savings