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Benefits of Saving with a CD (Certificate of Deposit)

Certificates of Deposit can be an overlooked savings account option for some; however, they are offered by most financial institutions. In essence, a CD (Certificate of Deposit) is a federally insured savings deposit with a maturity date – an agreement between the institution and the customer where the bank pays an interest rate premium in...

Spring Cleaning For Your Finances

In the Northeast, spring is the long-awaited thawing out from the bitter cold of winter. And for many of us, it is the time of year we clean out our homes in preparation for summer and get rid of things we don’t need.

While cleaning out your home might be at the top of your spring cleaning list, spring cleaning for your spending and saving...

Creating a Realistic Budget: The Building Block of Sound Financial Planning

Countless studies have shown that people are significantly more likely to achieve goals and accomplish tasks when they take the time to consciously write them down. Information is easier to track when it’s written down and you are less likely to simply forget about things or put them off if you commit to them. This is why it is so important to...

It’s Tax Season – Put Your Refund to Good Use

It’s tax season, and many Americans are getting ready to file for their tax refund. While it can be tempting to view this refund as “free” money and want to spend it like discretionary income, it is also important to keep in mind that this is money you have worked for and simply paid in excess. If you want to put your tax refund to use to help...

Get On Track to Paying Off Your Holiday Debt with These Tips!

Another holiday season has come to an end. While it is great to spread holiday cheer, sometimes we can end up spending more than we can afford, leaving us with debt that lasts longer than the holidays. In fact, in 2018, the average American accrued $1,054 in debt during this season, leaving many Americans feeling far from jolly. With 2019...

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