A home equity loan or line of credit (HELOC) allows you to borrow money using your home’s equity as collateral. This is like a second mortgage that turns equity into cash. To begin, let’s make sure we understand these two important terms: Collateral is something that you pledge will repay a debt. If you don’t repay the […]
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America Saves Week – Save to Retire
Retirement is one of those endeavors that fall into the “someday” category. When living your day-to-day life as a person in their 20s, 30s, and even your 40s and those everyday expenses pop up, it’s more difficult to save for something that is seemingly so far away. But as we all know — life comes at […]
America Saves Week – Save for the Unexpected
The Coronavirus pandemic has made saving a priority for most Americans, especially those most vulnerable with low to moderate earnings. In fact, a recent study by Edelman Financial Engines, in conjunction with America Saves and the Bipartisan Policy Center, found that: 40% of working Americans report they had difficulty paying for a personal expense in […]
America Saves Week – Building Financial Resilience – February 21 – 25, 2022
Join us for America Saves Week from February 21st to the 25th as we share tools and resources that inspire members and their families to save successfully and achieve better financial stability. Each day during America Saves Week focuses on a new theme regarding Building Financial Resilience and provides you with tips and tools to […]
