What Mutual Funds and Pizza Have in Common
When you hear “mutual fund,” your eyes might glaze over, and your mind may start thinking about what pizza toppings you should order for dinner. Some say that you can’t go wrong with cheese, but you find it a little lacking. You’re more of the Hawaiian, or better yet, veggie or meat supreme type. Mmm… […]
Invest for Success: Building a Portfolio From Scratch
Each day, you step into your closet full of clothes to get dressed. Whether your style is classic, boho chic, athleisure, or Gorpcore (a.k.a. the new Normcore), you select pieces that fit that particular trend. The fashion runway may feel miles away from Wall Street. But as it turns out, you can think of investing […]
Yay or Nay: Using Your Credit Card to Pay Bills for Rewards
Paying your bills with your credit card may seem like a quick and easy way to rack up a boatload of points or cash back towards your next getaway (a cruise, perhaps?). But using a credit card for monthly bills could also put you on the road to accumulating a mountain of interest charges. So […]
Option Trading Terminology & Definitions
The technical jargon associated with option trading can often make it seem intimidating. That’s why we decided to create this option trading terminology cheat sheet to help you keep track of it all. Here are some of the more common terms you’ll hear in a room full of option traders. A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R […]
Savings by Age: How Much to Save in Your 20s, 30s, 40s, and Beyond
As a popular song from the 90s declares, age ain’t nothing but a number. But as it turns out, age is a good guidepost when calculating how much money you should save for various life events. That’s because aiming for an ideal amount to set aside (or verifying that your super saver tendencies have you […]
10 Reasons Why You Get More Than a Great Rate at Credence International Credit Union
How would you rate your current bank? Good is never enough. Satisfactory is not okay with us. Providing you with a great rate is important to us at Credence Global Bank, but we also believe the best online bank helps you make saving a way of life, too. Here’s why and how we go beyond […]
Your Roadmap to Buying the Right Auto Insurance
Americans’ love affair with the car is more than a century old and still going strong. Who doesn’t get excited about all the options you can choose from when purchasing a set of wheels? But when it comes to the insurance that protects their car, drivers are usually less enthusiastic. (After all, insurance isn’t nearly […]
How APY Works & What It Means for Your Savings
Have you noticed banks quoting their “APYs” and wondered what that means? APY stands for annual percentage yield. Banks are required to prominently display this rate for their deposit accounts, like savings accounts and certificates of deposit (CDs). APY gives you the most accurate idea of what your money could earn in a year. What […]
Is an Electric Car Right for You?
Living in a world where you can charge your car just like you charge your phone still feels like the future, but that future is becoming more and more accessible to all of us by the day. Due to the many benefits of electric vehicles, it’s not really surprising that the number of electric car […]
4 Reasons Why Homeownership Might Be Closer than You Think
Buying a home is one of the biggest milestones – and purchases – we can reach in our adult lives. It means that you’ve finally saved enough, are in control of your finances, and are ready to ‘put down roots’ – even if they’re not for forever. Looking back a few years ago, immediately following […]