College Savings Plans: How Much Is Enough?
It’s one of a parent’s proudest moments: Watching a son or daughter step across the stage to receive a college diploma, the end result of years of hard work.Unfortunately, it takes more than dedication to get a college education; it takes thousands—usually tens of thousands—of dollars. Of course, Allied Trust Credit Uniondoesn’t offer college savings plans, […]
CDs to Supplement Your 529 College Savings Plan
If you anticipate paying for a student’s college expenses, your money saved is their education earned. And there are several ways to plan for the goal of helping them achieve that education. 529 College Savings Plans Each state provides at least one choice of 529 college savings plan. This type of savings plan is operated […]
Caring for Elderly Parents:
Opening a savings account or certificate of deposit (CD) as part of caring for elderly parents is one way to help seniors and their adult children manage money together. An Online Savings Account from Credence Global Bank Unionnot only makes online account management convenient for parents, seniors and adult children, but when you choose Credence Global Bank, […]
4 Ways to Build an Emergency Fund With Extra Savings
Common wisdom suggests having an emergency fund ready in case of unexpected expenses. But when so many live paycheck to paycheck, where are these funds supposed to come from? How exactly do you build up enough reserve in your savings account? Here are four ways to get started: 1. Know your budget.As basic as this […]
Facing Financial Responsibility: Budgeting Begins at Home.
When it comes to budgeting, people take vastly different approaches, usually based on what they were taught at home. So it should come as no surprise that when two people start budgeting together, their financial styles often come into conflict.Of course, it’s not only possible to budget as a couple, but a couple’s differing financial […]
Saving Tips for Single Parents
Most single parents know the challenge of keeping a budget in check. Cutting spending can seem like an enormous task to anyone who is raising a family, but you'd be surprised at how much you can save by taking a few small cost-cutting steps. Plus, by opening an online bank savings account, you can save […]
Benefits of Opening a Joint Savings Account
Savings accounts can be valuable tools for building a nest egg and ensuring that you meet your financial goals. Opening a joint savings account is an easy way for two or three people to manage their finances together. While a savings account in general can provide a stable method of putting funds away for projects, […]
Basic Tips for Wealth Building
Wealth building can mean more than just earning a bigger paycheck. It also means knowing how to save more effectively, and how to use the money you've already saved to work for you. While everyone's financial plan is different, there are a few key strategies almost anyone can use to help in your wealth building […]
Bank Savings Account Interest Rate Trends
When you consider opening a bank savings account, the interest rate is probably one of the first things you look at. But in addition to a bank's savings account interest rate, you should also think about the long- and short-term trends that occur in savings account rates and how they might affect your savings. Unlike […]
Bank Interest Rates: Savings Accounts vs. Money Market Accounts
When it comes to finding a place for your personal savings, you have a wide range of choices and just as much variety in bank interest rates: savings accounts, money market accounts and certificates of deposit (CDs) to name a few. And of course, there's always a tin box underneath the bed. That last option, […]
