Entries by Kayla King

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High-Yield Checking: What is it?

What is a High-Yield Checking Account? Similar to a standard interest-bearing checking account, a high yield checking account allows you to earn a higher annual percentage yield (APY) therefore, ensuring that you earn more interest on the money in your account. According to the Federal Deposit Insurance Corp. (FDIC), in November 2023 a standard checking […]

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A GUIDE TO AFFORDING YOUR FIRST APARTMENT

Congratulations on your new milestone… moving into your first apartment! While this is sure to be an exciting next chapter, it can also be overwhelming trying to understand the financial cost of apartment living. As a first-time renter, recognizing the financial responsibilities associated with renting will allow you to make smart decisions and ensure you can […]

Elder Financial Abuse: How You Can Help

According to the National Council on Aging, “estimates of elder financial abuse and fraud costs to older Americans range from $2.6 billion to $36.5 billion annually.”   If you suspect someone may be a victim of elder financial abuse, you should report it to protect the safety and health of the person you are concerned about. […]

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Teaching Kids the Basics of Money

Have you ever asked yourself, “When should I start teaching my kids about finances?”   While there’s no right answer to this question, a good place to start is whenever they have developed fundamental math skills. This is typically between the second and fourth grade.   The goal when beginning to teach your child about […]

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Saving Money for Vacation

Vacations are a wonderful time to relax on a beach, enjoy a cruise, or stroll through a new city. But one of the best parts is not having to stress over how to pay for it.   The first step for any vacation is to identify your budget. By planning out your finances, you can […]

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5 TIPS FOR PREPARING YOUR CHILD FOR COLLEGE

Do you have a high school senior preparing to go to college? Are you overwhelmed by the opportunities, paperwork, and planning of it all? In recognition of November being National Education Month, we put together five tips to help you and your child better prepare for their higher education and financial future. Do research: Set […]

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IT’S TIME FOR YOUR ANNUAL FINANCIAL CHECK-UP!

Just like visiting a doctor, it’s important to review and evaluate your finances so you can ensure the healthiest relationship with your money. A financial check-up will give you more confidence in your finances and allow you to have more control over where your money is going. If you’ve found yourself feeling overwhelmed or unsure […]