How Does Investing Earn You Money In The Long Term?

Money Monday: How Does Investing Earn You Money In The Long Term?

Depending on where you work and your place in life, there might be a big push to start saving for retirement. Whether your company offers matching retirement benefits in a 401k or people in your life are just encouraging you to save money, many of us are told to invest. How does investing earn you money in the long term? What makes it more effective than, say, shoving a twenty under your mattress every week? Read the rest of this entry >>

Why Do Car Dealerships Offer Zero Percent Financing?

Why Do Car Dealerships Offer Zero Percent Financing?

This time of year (mid-summer, for folks reading all year round) is when new model year vehicles are beginning to arrive on the lot at new car dealerships around the country. This is also the time when car shoppers can see a plethora of commercials for “zero percent financing” and other great offers. Why do car dealerships offer zero percent financing? Is it a scam, or actually just a great deal? Keep reading to find out.   Read the rest of this entry >>

What Is the Difference Between a Bank and a Credit Union?

What Is the Difference Between a Bank and a Credit Union?

When you are looking for a financial institution, there are multiple options. Two of the most common are banks and credit unions. Both of these locations offer things like checking and savings accounts, loans, credit cards, and CDs, but depending on your financial needs one may be better than the other. Keep reading to learn what is the difference between a bank and a credit union. Read the rest of this entry >>

How Low Can My Credit Score Be To Buy a Car?

How Low Can My Credit Score Be To Buy a Car?

If you’re wondering “How low can my credit score be to buy a car?”, there’s good news, and there’s bad news. The good news is that even with a very low credit score or no credit history at all it is possible to get an auto loan for an inexpensive vehicle. The bad news is that your credit score will significantly affect the interest you have to pay on your loan. Keep reading to find out more about your ideal credit score for good financing. Read the rest of this entry >>