Financial literacy

Auto Loan: Bank or Dealership

If you are thinking about buying a car, you have probably wondered whether it is better to use dealer financing or finance through a bank or credit union. With dealer-arranged financing, the dealer collects information from you and forwards that information to one or more prospective auto lenders. Alternatively, with bank or other lender financing, you go directly to a bank, credit union, or finance company and apply for a loan. We refer to this type of loan as a “direct loan.” 

Posted on March 19, 2018

Six Steps to the Best Auto Deal

If you are in the market for a vehicle, start your journey here. You'll find tips for getting the best deal and protecting yourself and your money.

Posted on March 19, 2018

Military Saves Week February 26 to March 2

Military Saves Financial Checklist

Posted on February 26, 2018

Tips for Managing Spending

Managing spending and keeping up with your budget can be difficult tasks, but there are ways to make it easier to manage your spending, reach your financial goals and improve your financial well-being.

Posted on November 28, 2017

Dream of Retirement? You Should! But It’s Expensive.

A recent Merrill Lynch Finances in Retirement survey found that the average cost of retirement for a U.S. worker, as of March 2017, was a staggering $738,400. Another survey by Fidelity estimates that a couple who retired at 65 have, on average, $260,000 of health care costs during retirement.

Posted on August 9, 2017

Important Lending Protections for Military, The Military Lending Act

The Military Lending Act (MLA) says that you can’t be charged an interest rate higher than 36% on most types of consumer loans and provides other significant rights.

Posted on August 7, 2017

The Many Different Credit Scores

Infographic from the Consumer Financial Protection Bureau on the many different types of scores and what they are used for.

Posted on June 28, 2017

Minding the gap: A practice in financial feminism

Here are some worrisome facts if you are female: Women are twice as likely as men to live below the poverty line during retirement. This is especially true for single and minority women. And women continue to make less during their working years than men. The good news is that despite the unique challenges women face when it comes to saving and planning for retirement, women continue to outperform men when it comes to investing.

Posted on June 14, 2017

Financial Planning: The Benefits of Financial Education

Many people might believe financial planning is only for the wealthy, or at least the accountants that wealthy individuals hire. However, no matter your level of income, financial literacy and education is a crucial skill that everyone should start cultivating from a young age. The more familiar you are with the financial world, the more stable you can be throughout your life.

Posted on May 5, 2017

Mortgages – Five Tips for Paying Off Your Home Faster

Maybe you have heard your parents or grandparents talk about a mortgage burning party and wondered how they ever finished paying off their home loan. While it may seem like a daunting task to reduce the amount of time and interest you pay on a mortgage, there are at least five things you can do to pay a mortgage off early.

Posted on March 1, 2017