If you have a checking account or savings account, you’ve probably wondered, “How much cash should I keep in the bank?” The answer changes depending on who you ask. While there’s no amount that’s universally agreed upon, there are different savings formulas you can adopt into your monthly budget. If you haven’t done so already,… Continue reading How Much Cash Should I Keep in the Bank?
Whether you’re visiting a brick and mortar bank or credit union in Detroit or checking your account online, there’s always a level of risk involved. As more people take advantage of the convenience of online banking, online threats and attacks become more common. Fortunately, there are ways to protect your savings and checking account; some… Continue reading 5 Tips for Safer Online Banking
If you enjoy saving time and money, online banking is a no-brainer. Assuming you’re following online banking safety tips, managing your finances online is quick and easy. And it’s not just banks that offer this handy service! Credit unions often provide both online and in-person services. When you join a credit union, you can receive… Continue reading Why Consider Online Banking?
If you’re budgeting for retirement, you may be wondering, “What’s the difference between a 401k and an IRA?” The main difference is that a 401k plan is set up by an employer, while an IRA is an individual account. Learn more about how a 401k vs. IRA compare and which is the better investment choice… Continue reading 401k vs. IRA: What’s the Difference?
If you work hard, watch your spending, and try not to overindulge, yet still find yourself short on money in the bank, you may be a victim of these five small expenses that prevent you from having a successful budget. These expenses slowly chip away at your money but often go unnoticed because they seem… Continue reading 5 Small Expenses Killing Your Budget
If you need funds, you may be wondering how personal loans and payday loans compare. They sound similar, but couldn’t be more different in terms of how they work. Before you decide on one or the other, read our payday loan vs. personal loan comparison below for more details on what you can expect. When… Continue reading Payday Loan vs. Personal Loan
Overdraft protection is designed to cover your purchases should you accidentally spend more money than you have in your bank account. We hope you never need to take advantage of this feature on your account. However, if something goes wrong and you find yourself a little short, it’s essential to understand how it works and… Continue reading How Does Overdraft Protection Work?
Going on vacation? Imagine checking into a hotel only to find out your credit or debit card accounts have been frozen. There’s an easy way to avoid a blocked debit card, though: call your credit union or bank before you even leave the house. It’s also a good idea to call your credit card providers… Continue reading Traveling? Don’t let your debit card get blocked! Call us before you go!
Leasing began as a way for corporations to track transportation costs while saving money over purchasing a vehicle outright. Now, almost any vehicle can be leased, offering buyers from all walks of life access to high-quality vehicles with low monthly lease payments that make fitting it into the monthly budget easier. How Does Leasing Work?… Continue reading What Does it Mean to Lease a Car?
Getting ready to purchase a new car? You may be wondering, “Do I need GAP insurance?” This is a valid question because Detroit car buyers are often offered services and products they don’t necessarily need. Even using a car financing calculator doesn’t help you account for insurance and car coverage costs. However, there are certain… Continue reading Do You Need GAP Insurance?