What Is a HELOC? How Can Homeowners Use One?
If you own a home, chances are you’ve built up equity over time. A Home Equity Line of Credit (HELOC) lets you borrow against that equity as needed. A HELOC is kind of like a credit card that’s secured by the equity in your home, often with lower interest rates. For many homeowners, a HELOC […]
How to Set Up Direct Deposit for Social Security Benefits
Starting Tuesday, September 30, 2025, the Social Security Administration (SSA) will stop mailing paper checks for most federal benefit payments and transition to electronic payments. This change is being implemented directly by the SSA, so this courtesy reminder is to help you avoid missing your next payment. If you are still receiving a paper check via […]
Not Every Financial Shock Makes the News
Every day individuals experience unexpected expenses such as medical bills, loss of income, or an appliance breaking down. Though unreported by news stations, the effects to the individual can be equally as damaging to one’s finances. Your financial shocks aren’t “fake news”, they are personal and real. When these unexpected expenses arise individuals are faced […]
Find Extra Money In Your Entertainment Budget
Having a budget gives you the most control of where your money goes. If you have goals of saving for retirement, buying a home or car, paying for a child’s education, then this is the tool to help you achieve those goals. Without it, you may just keep asking yourself “where did all my money […]
4 Ways to Help You Create A Budget so You Can Build Savings
Create a Budget Step 1: Look at your bank statement for the previous month to capture how much you have already spent and categorize it. Examples include groceries, gas, eating out (this includes fast food and coffee breaks), entertainment, miscellaneous, etc. This will give the reality of where your money has been going. Some online bank […]
