Purchases You Should Never Put on a Credit Card

As we move closer to becoming a cashless society, reaching for the plastic has become more ingrained in societal norms. However, there are many times when it’s better to say “debit” than “credit.” Let’s look at some purchases you should never put on a credit card. photo by cafecredit A New Car For some people, … Continue reading Purchases You Should Never Put on a Credit Card

Banking on Millennials: Second Chance Banking and Digital Expectations

For many banks, dealing with millennials and their expectations is a challenge. Whether it’s because they move more often or because they are more frequently dissatisfied, many millennials tend to switch banks quite frequently. Millennials also expect top-notch online banking options so they can access their bank details from anywhere they want and as quickly … Continue reading Banking on Millennials: Second Chance Banking and Digital Expectations

Borrowing to Invest: Can You Win Big with Borrowed Money?

One of the world's most successful investors, Warren Buffet, achieved his success through borrowed money. Surprised? You should be. In previous letters to shareholders, Buffet has claimed that it's not a good idea to use borrowed money or debt to pay for stocks. However, it's hard to take this advice seriously when the person giving … Continue reading Borrowing to Invest: Can You Win Big with Borrowed Money?

Short and Long-Term Financial Planning

Planning for the future may be seem like a daunting task for many hard-working individuals. At some point, it becomes important to make long-term plans for personal finances. Insurance companies offer financial services that are just as diverse and viable as those offered by banks and other institutions, such as credit unions. Retirement plans in … Continue reading Short and Long-Term Financial Planning