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Category Archives: Consumer Tips

How to Build a Budget

How to Build a Budget The word “budgeting” may sound a bit ominous if you’ve just been winging it with finances. The rewards are significant, though, and it’s really not all that difficult. Here’s how to build and stick with a budget without cramping your style. Budget basics The first step in creating a budget is to figure out exactly … Continue reading

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Three Reasons to Pay with a Credit Card

Three Reasons to Pay with a Credit Card   Credit cards aren’t evil and they don’t automatically trap the people that use them under a mountain of debt. When used properly, there are many financial advantages to using credit cards to pay for day-to-day expenses. Here are three of the best reasons to prefer plastic: Track Your Spending Credit cards … Continue reading

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The FDIC Offers Tips on Choosing and Using the Right Bank Account

The FDIC Offers Tips on Choosing and Using the Right Bank Account Having a bank account brings important benefits, including deposit insurance and access to a variety of financial services. The latest FDIC Consumer News features simple tips on how to choose and manage a checking or savings account wisely. The Summer 2016 edition also has articles on depositing a check using … Continue reading

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Three Tips to Raise Your Credit Score and Keep it High

Three Tips to Raise Your Credit Score and Keep it High Your credit score affects many aspects of your life, including making large purchases, obtaining loans, renting an apartment and even applying for a job! Do you know your current credit score? When was the last time you checked your credit report? Here are a few simple steps you can … Continue reading

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Tips for Back to School Savings

Tips for Back to School Savings Summer may be in full swing, but fall will be here before you know it. That means back to school shopping is on its way. Have you budgeted for school supplies and new clothes yet? The average family will spend an estimated $673 on back to school expenses, according to a recent survey from … Continue reading

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Tips to Save Money at Home this Summer

When the temperature goes up, so do energy bills, water bills and a host of other home-related costs. Here are a few tips on how to stretch your household budget this summer and still stay cool. Use ceiling fans. Overhead fans get air circulating, which means you might be able to delay turning on the air conditioning-especially if you can … Continue reading

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5 Simple Ways to Improve Your Credit

Having a tidy credit report and a high credit score will make your life easier. How? The higher your credit score, the lower your interest rates will be, so you’ll save money on loans. And you want your credit report to be as clean as possible for potential employers, landlords, even your insurance company. Your credit score is a snapshot … Continue reading

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Budgeting for Homebuying

The Federal Reserve may have raised interest rates slightly, but mortgage rates are still near historic lows. It’s still a great time to buy if you’ve been considering a new home! But how much house can you really afford? This is a difficult question, particularly for first-time homebuyers. Here are a few important points to consider when setting your house-hunting … Continue reading

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Shopping Tips for Loans and Credit Cards

Many people searching for a new loan or credit card may not be in the best position to get the right product for their needs and at the lowest possible cost. The latest FDIC Consumer News features tips on how to be better informed and better prepared before applying for credit while avoiding costly mistakes. The Fall 2015 edition also features simple banking strategies … Continue reading

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Avoid Holiday Season Scams with These Essential Tips

Now that Black Friday has come and gone, the holiday shopping season is in full swing. As millions of shoppers are making their lists and checking them twice, so are criminals looking to take advantage of the holiday rush, preying on consumers who are looking to score a deal and avoid the stress of waiting until the last minute to … Continue reading

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