Frugal living discussions often talk about pinching pennies or “stretching a dollar.” A penny saved is a penny earned, or so the saying goes, but is that actually the case?What if that penny saved could end up being much more over time? Turns out, living frugally can save you way more than you might think.What does
It’s difficult to know what to expect from a recession and how you’ll be impacted, but there are steps you can take to make sure you feel financially secure during one. Job Security When a recession hits, you may worry about your job. This makes sense, of course, employers will sometimes lay people off as
In today’s uber-connected online world, the risk of identity theft is hard to avoid. But there are ways to minimize identity theft risks and stay ahead of scammers and thieves who want your personal information. Know the Risks According to the Pew Research Center, nearly 30% of Americans were impacted by at least one of
From social media to online shopping, we rely on technology to communicate, learn, start a business, and—the biggest reason yet—to entertain ourselves. But with the convenience of technology, comes responsibility. Digital citizenship is the way in which people use technology and internet resources—whether right or wrong. Everyone that uses technology could be defined as a digital citizen,
Slow and steady inflation is an expected part of a healthy financial system, but high inflation means high prices, rising interest rates, and lots of concerns about the best choices for our financial future. Inflation Refresher - Inflation is the value of currency dropping over time. There are a lot of interesting economic concepts that detail
Whether you’re splitting the bill at a restaurant with friends, paying back your parents, or buying snacks at a sports event, it’s hard to beat the convenience of peer-to-peer payment apps like Venmo, Zelle, Google Pay, Cash App, and PayPal. With these apps, you don’t have to worry about finding an ATM or carrying a
Abrir una cuenta en un banco o una unión crediticia es el primer paso para hacerse cargo de sus finanzas personales. ¿Y sabe qué es lo mejor? Es muy fácil. ¿Por qué abrir una cuenta? Hasta ahora, es probable que haya guardado todo su dinero en su cartera o en un frasco en su aparador.
Calcular los intereses compuestos es complicado. Por suerte, existe un atajo sencillo que lo ayuda a estimar cómo una tasa de interés fija afectará sus ahorros: la Regla de 72.Aspectos básicosLa Regla de 72 es una herramienta que se usa para estimar cuánto tardará una inversión en duplicarse con una tasa de interés determinada, presuponiendo que
The Ballard family, of Danville, KY, has one tradition they have passed down from mother to daughter – running. Isabelle Ballard, 29, Digital Marketing Assistant at First Southern National Bank, just finished her 7th marathon (26.2 miles). She ran in the Revel Mount Charleston Marathon in Nevada with her mother Genny. She was inspired by her mother and
Know all your choices before you pick an insurance policy. Health Insurance is a critical part of your financial plan, and luckily, there are lots of different ways to buy health insurance—each option has its own advantages and disadvantages. This list of questions will help you learn more about the insurance options you’d be interested in
Between confusing terms, complicated processes, and big dollar amounts, dealing with health insurance can be stressful and confusing. Here’s a primer of everything you need to know when it comes to health insurance. Getting Covered The government allows you to stay on your parent’s or guardian’s health insurance until you turn 26 but, ideally, your
When assessing which health plan is right for you, it can be tempting to focus only on the premiums deducted from your paycheck. But that amount is hardly the bottom line when it comes to overall costs. It’s also important to understand your health insurance deductible and out-of-pocket max, and how the two work together.
