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 […]

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 […]

6 Tips for Improving Your Credit Score

When it comes to your credit score, there’s almost always room for improvement. If you’ve pulled your score and you’re not satisfied with the number you received, there are several strategies to boost it. But first, you need a little insight into how that score is calculated. Five major categories are used to determine your […]

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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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April is Financial Literacy Awareness Month

Financial Literacy Awareness Month is observed nationwide by a variety of organizations. People all over the U.S. host educational events and activities throughout the month of April to promote the importance of financial literacy – especially to our nation’s youth.   In recognition of Financial Literacy Month, we would like to share some tips to […]

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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 […]