National Financial Awareness Day, celebrated every year on Aug. 14, is a great time to think about your money decisions and plan for a better financial future. In this blog, we explore five ways to celebrate National Financial Awareness Day, including reflecting on financial goals, learning more about personal finance, creating a budget, working on credit health, and exploring saving and investing strategies.   What is National Financial...

Do you have a great business idea but need funding to get it off the ground? SBA small business loans offer affordable financing and flexible repayment terms to help entrepreneurs launch or expand a business. Here we explain what an SBA loan is and how it works. What is an SBA Loan? What exactly is an SBA loan? To break it down, SBA loans are business loans partially guaranteed by the U.S. Small Business Administration. Because they are less...

As tax season approaches, many individuals may find themselves grappling with the reality of owing money to the Internal Revenue Service (IRS). Whether due to unexpected income sources, insufficient taxes withheld from each paycheck, filing incorrectly, or missed deadlines, tax debt can quickly accumulate. This can often leave individuals feeling overwhelmed and uncertain about how to regain control of their financial situation. Fortunately,...

Between the beginning of the year and mid-April, tax season is in full swing and many people are quickly going to tax professionals to either pay their taxes or get their refunds. One question on many minds is the connection between taxes and credit. Do taxes affect your credit score? Do Taxes Directly Affect Your Credit Score? When you go to a tax professional to have them prepare your taxes, it does not directly affect your credit score....

Whether you're considering a loan, navigating investments, or managing debt, understanding the intricacies of interest is a critical life skill in the modern world. The term “interest” comes up in all kinds of financial conversations, but what are the different types of interest? This guide delves into the unique roles of each type of interest, with critical insights into how interest influences your financial decisions. Common Types of...

Looking to develop your financial skills? Young adults and even older adults all desire to be on top of their finances and not have to stress about money. But what do you do to continue having a great track record with your finances? Essential Financial Skills 1. Budgeting Create a Budget: A budget is something you use to help you understand what money you have and what you need to spend your money on. That can include things you want and...

A parent's mission is to direct their children down the path of becoming responsible adults. One of the most valuable gifts parents can impart to their children is the knowledge and skills to manage personal finances responsibly and comfortably. The earlier children learn about money, the more confident and well-prepared they will be to navigate the complex world of personal finance in adulthood. Raising children to become financially...