If you’re planning on purchasing your first home, you may have come across two terms that could be confusing to understand. When it comes to financing a house, most aspiring homeowners may wonder whether a home loan and a mortgage
Credit history impacts several aspects of our lives, and while every hardworking individual strives to make cash payments in one lump sum to make the process easier, the hard truth is that almost every adult relies on their credit score
When deciding where to open a new savings or checking account, take out a loan, or start a line of credit, you don’t have to limit yourself to local and national banks. Many people overlook credit unions, which offer financial
With or without a degree in Finance, money management is an essential skill that every person should learn in this lifetime. Proper money management teaches individuals to live within a budget and increase their capacity for savings. When they have
Everyone who wishes to save up for the future needs their own savings account. Not only is it safer than keeping your hard-earned money in a shoebox or a piggy bank, but it is also more convenient and accessible if
As an adult, you are probably familiar with the way checking and savings accounts work. You need them for daily banking. However, you might also need financial products that can deliver more and help you grow your savings while offering
Credit unions have been around for decades. Like cooperatives around the world, credit unions are financial cooperatives that have the same seven core principles and values used in the International Cooperative Alliance in 1995. In essence, the Seven Cooperative Principles
When thinking of financial institutions, banks are likely the first to come to mind. However, credit unions are a great alternative, as they offer more personalized and local services that help you feel more secure when you do your financing.