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Saving for a rainy day is a common theme this year, as many people have experienced Coronavirus-related financial strains. An emergency fund is a financial buffer that will keep you afloat in a time of unexpected expenses or a halt in your income. The main purpose of an emergency income is to help people avoid overusing credit cards or taking out additional loans–usually at high interest rates. Some of these unexpected expenses might include: Medical expenses Appliance repair...

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How old were you when you learned that money did not grow on trees? You might be able to vividly remember the disappointment you felt when you learned you had to work hard to earn money. To prevent your youngsters from suffering the same disappointing fate, teach them about finances earlier in their lives. Some experts say that it’s never too early to start talking about money. Even at 3 years old, kids can understand the concept of money and its importance. Here are some tips that we’ve...

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The Coronavirus outbreak has thrown a wrench in just about everyone’s plans this year. From smaller goals to major life plans, people around the country are finding it necessary to adjust. Since you can’t pay your bills in stockpiled toilet paper (yet), read a few of our finance tips on managing money below: The Basics of Adjusting Your Budget First off, we’d usually say cut out unnecessary spending, such as a night out at the movies or splurge trips to the mall, but the quarantine...

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