Automating your payments through services like Online Bill Pay and Mobile Bill Pay at your financial institution are a quick and simple option to ensure you're paying only what you owe towards your bills each month, on time. Not to mention, you can forget about drowning in paper statements.
If you've been around investment talk, then you've probably heard the term "hedge funds" before. But do you really have a handle on what this term means and how it relates to investing? Check out this video to get a better idea.
In our last Fun Money Facts post, we covered the amount of currencies that are currently being used around the world. Now, here's a quick look at how much it costs to create our US dollars and cents - in addition to how they're made and how long they'll last. Just in case you were wondering.
Meal planning is a great way to save some major dough (ha!) at the grocery week to week. At first, it can feel a little overwhelming - especially finding the time to sit down and determine what you and your family will eat for the next five to seven days. And for that reason, it's not for everyone. Keep at it though, and after the first few weeks - and the resulting savings - you likely won't want to do it any other way!
It's a common question, and it's one we never get tired of answering: What's the difference between a bank and a credit union? Sure, both offer products and services that help you house, spend, and save your money. But that's where the similarities end and the credit union difference begins.
Cash flow is a “revenue or expense stream that changes a cash account over a given period. Cash inflows usually arise from one of three activities - financing, operations or investing - although this also occurs as a result of donations or gifts in the case of personal finance. Cash outflows result from expenses or investments. This holds true for both business and personal finance.