Published: January 24, 2023
As we look forward to 2023, buying a family car may feel impossible - and don't get me wrong, it's hard - but there are steps you can take to make the process feel a little smoother, especially once you understand how purchasing a vehicle has changed over the last few years.
Published: January 17, 2023
The U.S. Federal Reserve has been raising its benchmark interest rates aggressively to tame white-hot inflation. That has translated into higher borrowing costs - especially if you want to finance a new car. According to the automotive information website Edmunds, the average annual percentage rate for a financed new car purchase was 6.3% in October 2022, a big jump up from 4.2% in the year-ago period. In fact, we could be heading for the highest APR on new car loans since early 2009, according to Bloomberg. And that could be costly for new car buyers.
Published: September 6, 2022
Earning a competitive yield, having easy access to your money and safety are some of the top reasons to consider opening a money market account. Here are four advantages of storing your savings in this type of account.
Published: August 29, 2022
Share certificates might be one of the best wealth-building tools you've never heard of. When you open a share certificate from your credit union, you get to select a term that fits your financial goals. Their low initial deposit requirements make them an excellent option for new investors who may not be able to commit large amounts. They come with the security of federal insurance.
Published: August 2, 2022
Many households are grappling with soaring prices on gas, groceries, and other essentials, and now it's time to shop for back-to-school supplies. If you're looking to save, here are some strategies to help cut costs on back-to-school items.
Published: July 26, 2022
When it comes to driving these days, it's been feeling a little like, "You can't get there from here." For one thing, a typical monthly new car payment has shot up to over $700. And it feels like it costs us about that much just to buy gas every month, am I right? Buying a house today is also fraught with good news/bad news scenarios.