What an exciting time! You’re in the market for your first car, which means newfound freedom to go places. You’ve likely set a budget and have some idea of what vehicle type you’d like – however, you may also need an auto loan to help make this dream happen. Don’t worry! Auto loans are pretty straightforward and simple. Here’s what you need to know:
Identity theft is nothing new, and yet it still manages to cost its victims billions of dollars (yes, that’s billions with a “b”) globally each year—not to mention the time and hassle involved in recovering a stolen identity.
In case you haven’t heard, compound interest is the best. You may remember it as an equation you had to memorize for math class, but it’s so much more than that. It’s the concept that powers all sorts of savings and investment products and, over time, allows you to turn your money into, well, more money!
Even though compound interest is easy to understand — compound interest = more money for you! — those who can potentially benefit most from it (those in their teens and 20s) don’t seem to be taking advantage of it. Savings contributions and retirement savings participation rates are falling among young adults. So if we understand that compound interest translates into free money down the road, what could possibly be standing in the way?
Loans help finance some of our biggest goals in life. They can provide access to possibilities that we can’t afford upfront—possibilities like going to school, buying a home or starting a business (to name just a few).
As someone who’s old enough to read this blog, you likely have some experience with spending and earning money. Whether your experience is big or small, most people have developed a common set of beliefs or understandings about money by the time they reach adulthood. How accurate are your ideas? And could a change in perspective help you better reach your financial goals?
You’ve likely heard about credit scores before (thanks to all those commercials with terrible jingles), but what do you actually know about them? How long have they been around? And what’s the deal with checking them?
Cash, check or card? Debit, credit or prepaid debit? You make this decision so many times a day that it might seem common and unimportant. After all, different forms of payment are just different ways to access funds, so what difference does it really make if you put your breakfast sandwich on credit instead of debit?
Budgets are like the New Year’s resolutions of personal finance. We all know we should have one and we all know it’s a fairly simple thing to follow—at least in theory. Like resolutions, we often map out personal budgets with the best of intentions, only to abandon them a couple of weeks later.
Alaska is one of the most rugged and beautiful places on earth – and one of the best ways to engage with this scenery is by BOAT! We have wide open waters, winding rivers and loads of lakes for recreation. Ready to dip your toes into boat ownership?
Take a look at the amazing Alaskan sights you could explore anytime, from the helm of your very own vessel: