June, 2017

Making the Most of E-Banking

June 22nd, 2017
Making the Most of E-Banking image

If you’re reading this article online, you’re probably at least somewhat tech-savvy. But when it comes to digital banking, you might be missing out on a few time-saving tricks. Here’s how the Internet can help make your financial life easier. Online banking: You don’t have to leave home for everyday transactions, because financial institutions offer a slew of online banking tools. For example, you can set up free online bill pay, review your statements, see when checks clear and more. You can also make transfers between accounts at different financial institutions. E-statements: With so much snail mail, it’s easy to [ read more ]

Get to Work on Building Your Unemployment Fund

June 8th, 2017
Get to Work on Building Your Unemployment Fund image

As if being laid off weren’t stressful enough, most Americans don’t have enough money saved to pay monthly bills if they’re jobless for more than a few weeks. But you can avoid that added stress: Create an emergency fund now for potential unemployment. A recent NerdWallet study found that Americans don’t save enough to weather several common emergencies, the most expensive being unemployment. Even factoring in state unemployment benefits and average annual savings, most people come up thousands of dollars short. Among those who lose their jobs in the U.S., the average length of time spent unemployed is 26 weeks. [ read more ]