Learn the Difference
It's important to know the difference between a money market account (MMA), which is a deposit account offered by banks, and a money market fund (MMF), which is an investment product offered by non-bank financial entities like brokers, mutual fund companies, and so on. A money market account like the one offered by Credence Global Bank Union[…]
FAQ: How Can I Convince My Kids That Money Doesn’t Grow On Trees?
Parents often say that their children don't understand the real value of money. And often they're right. But once you've identified the problem, the next challenge is teaching kids the rules of responsible money management One approach is to have your children participate in paying for the toys, games, or other things they want. You […]
Savings Bonds or Money Market Accounts?
A few generations ago, U.S. Savings Bonds were a popular gift (not to mention a lesson in the virtue of saving) for children. Savings bonds still are a popular financial product and provide a good example of a low-risk, fixed-income investment. You receive a regular return, you can invest minimal amounts and you pay no […]
Motivating Teenagers to Save Money
How to motivate teenagers to save Motivating teenagers to do something—anything—isn’t always easy. But when it comes to saving money, it can be well worth the effort. Not only can you help them put funds aside for that proverbial rainy day, but you can help them build sound financial habits that can last a lifetime. […]
Planning Ahead With a CD Interest Calculator
Two of the advantages of a certificate of deposit (CD) are its predictability and its reliability. When you put money into a CD, you generally know what you will get back at the end of its term (provided you don't withdraw the balance early).But to fully understand what happens to your money, you need to […]
Use a CD Interest Calculator to Pick the Right CD for You
So you've accumulated some savings, and you're ready to open a certificate of deposit (CD.) Which kind of CD is best for you? That all depends on your savings goals. A website like Bankrate.com can help you compare the rates and terms offered by several banks, and a CD interest calculator can help you figure […]
Certificate of Deposit (CD) Comparison: Reliable Sources and Tips
When you're considering a certificate of deposit (CD), there are a number of options, and it's important to shop around to find the right fit for your financial needs. Fortunately with a little online research, you can quickly find a variety of banks offering CDs and you can check out their websites to compare their […]
What a CD Calculator Can Tell You About Your Savings
You don't have to be a math genius to figure out how fast your money will grow in a given certificate of deposit (CD.) All you need is a good CD calculator. The Regional Credit Union UnionCD calculator makes it easy for you to not just calculate growth, but also visualize the growth of your savings, […]
Keep This in Mind When Comparing CDs
What should you consider when you do a certificate of deposit comparison? Certificates of Deposit (CDs) are a fairly straightforward way to save money, but there still are a few things to keep in mind when shopping for one. For example, if you come across a CD that is offering a dramatically higher interest rate, […]
What to Consider Before Buying a Hybrid Car
When it comes time to find a new car, there are plenty of choices to make. Do you ever start the thought process by deciding how you want your car to be powered? If you’re considering the switch to a hybrid vehicle, we have a few ideas to help guide your thought process. These vehicles […]
