Determining your net worth gives you a great example of where your money health is at, and the path you need to go to meet your financial goals.
savings account
Why is it important to use short-terms savings, long-term savings and daily spending accounts?
Having short-term, long-term and daily spending accounts are needed for full financial and money health. Multiple savings accounts and checking accounts and more are covered.
What’s the difference between short-term and long-term savings?
Savings accounts come in a few forms: specifically, short-term savings and long-term savings. Each savings account is used for a different goal.
Why is an emergency fund important for your overall money health?
Your money health is important. Having an emergency fund means having solid planning and awareness of “what can happen, will”.
What are good reasons to have an emergency fund?
An emergency fund is a simple savings account devoted to a specific emergency – medical expenses, car repair, home repair, etc.
How much should I have in my emergency fund?
An emergency fund is a simple savings account devoted to a specific emergency – car repair, medical emergency, home repair, etc. Do you have one?
What are some steps I can take to plan my retirement?
Planning your retirement is a major task – well, it can be. In this article, we not only answer how, but give examples to show practical tips on being successful.
We just got married…should we have joint bank accounts?
Marriage is a big step. With it comes many financial changes. One to consider is getting joint bank accounts for the new couple. Is a joint bank account right for you?
What kind of savings account do I need for myself?
There are many types of accounts and savings account our First Choice members can use. But, what kind of savings account do you need?
How does a Payable On Death account work?
A payable on death account allows you to setup your wishes upon your death. This account can be attached to any savings account or checking account, and other types of accounts.