Although the official start of summer is days away, it’s never too late to start saving for that family vacation. The most recent statistics from the Bureau of Labor Statistics say that the average American family spends $1,415 on a family vacation. Those numbers include transportation, lodging, food and beverage, entertainment, and gifts. Of course, […]
Women have got to take personal finance seriously. According to Vital Health and Statistics a Latina’s life expectancy at birth is 83. During those years, Latinas fall financially short, whether single or married. In 2010 the Insight Center for Community Economic Development published a report that noted that single Latinas have a median wealth of […]
There are a slew of new prepaid debit cards that promise everything from raising your credit score to roadside assistance, and have famous names attached to them. But are these debit cards really better than an account at a financial institution? Not necessarily. Here are the three most common myths about using prepaid debit cards […]
Credit cards can be used to build your credit, as long a you use them responsibly. Using credit cards for your gift shopping is almost a holiday tradition in itself. Unfortunately, many people not only underestimate how much they spend for holiday purchases, but then don’t pay off their holiday purchases when the credit card […]
Most people don’t know the reasons why it’s smart to join a credit union. I will tell you why. Saturday, November 5th was National Bank Transfer Day. The goal was to encourage bank customers to leave their banks and become members of a credit union. According to a credit union trade organization, 650,000 people opened […]
These days, a flood of commercials on TV, Internet, and radio touting how easy it is to refinance your current mortgage and how helpful it will be to have lower payments due to record-low interest rates. Bear in mind refinancing means more business for financial institutions, insurance carriers (home, title, etc.), and various other industries […]