These days, many Americans have jobs that require sitting for extended periods of time. But sitting for prolonged periods is linked to a higher risk of disease and premature death, according to the American Cancer Society. Fortunately, getting exercise doesn’t mean spending hours at the gym or pounding on the treadmill. Making a few simple… Read more »
Do you have a loan or mortgage to pay off? If you’re between the ages of 35 to 54, odds are you do. What Is Simple Interest? Simple interest is a fixed amount based on the principal, or original amount, of a loan or deposit. The interest amount remains the same throughout the entire repayment… Read more »
We’ve all been there – the feeling of invincibility when your direct deposit hits your bank account and the sinking feeling a few days later – when you realize you’ve spent most of it. According to a recent CNBC report, nearly 58 percent of full-time workers live paycheck to paycheck. And earning six figures isn’t… Read more »
It’s never too early to start saving money, which is why a growing number of parents are opening savings accounts for their children early on. Doing so can help establish a brighter financial future for your child. Dave Sieminski of the Consumer Financial Protection Bureau notes a study that found children from low-income families were… Read more »
Some people stick with one bank for a long time. But have you had your savings account there since second grade? Siblings Joe and Jenny Trzaska of Minster have. “The week after our first communion, to help handle the slight influx of cash, our mom would bring each of us to the bank to open… Read more »
When you are making arrangements to ensure financial security for yourself and for your family, you might happen across the idea of naming a fiduciary. A fiduciary can ensure that your money and assets are handled appropriately if you get sick, become injured or die. Knowing what a fiduciary does, the standards by which they… Read more »
A money market account, or MMA, is an account that typically comes with a higher interest rate than other savings accounts. If investing in stocks and bonds is not something that appeals to you, but you would still like to make your money grow safely, opening a money market account could be the right move…. Read more »
