In a sea of credit cards, searching for the right one can be a daunting task that requires a lot of self-reflection. Further complicating the quest, it’s easy to get steered in the wrong direction by flashy rewards and low introductory rates.
When it comes to buying or building your dream home, the number of decisions to make can feel overwhelming. But by understanding your individual needs and the plans you have for the property — whether you are buying an existing home,building a house right away on an empty lot, or holding onto the land to build on later — we can find the best loan and rates for your situation.
It’s a new year, and with that comes resolutions to concentrate on your finances. Here at CresCom Bank, we understand the importance that your credit score plays in your financial security. So we answered several questions you might ask yourself when you are learning about your credit score and how to keep your credit score (and resolution) on the right track.
The nation is launching into the new year with new tax legislation signed, sealed and delivered. This tax reform poses the largest U.S. tax code overhaul in over 30 years, and individuals and businesses alike are wondering where it leaves them. There has been a fair amount of media coverage regarding how the new code impacts large, international corporations, but there are also a few significant changes that will affect individuals’ and small business owners’ take-home pay. Ahead, read a brief summary of key points and questions regarding the new tax code, and what it means for you.
Although it may be the most wonderful time of the year, the holiday season can also be the most stressful. Trying to find the perfect gift for all of your loved ones, having to attend every family gathering, or hosting an event yourself can all cause stress. However, the worst contributor to the stress is spending money.
Whether you’re like Clark Griswold in National Lampoon’s Christmas Vacation, or like a more refined display, pretty much everyone agrees that Christmas and the holiday season wouldn’t be the same without all of the beautiful lights and displays. Some of the displays go over the top, and sooner or later, that electric bill is going to be due.
Whether you’re stocking up on Christmas gifts or filling your own closet, Black Friday is a huge day for sales but can end up pulling at your purse strings in the long run. In the spirit of the season, CresCom wants to give you a few ways to not break the bank this year.
Can’t sleep at night? The source of your nightmares might be the deteriorating state of your finances. If you’re one crisis away from insolvency, or already there, you need to start making changes to your lifestyle.
Emergency savings? Who needs it! It’s just money that could be spent on things we want now sitting in an account doing nothing. Seriously, when’s the last time you had an emergency?
You spend a lot of money eating. Even the cheapest lunch at a fast-food joint is five bucks. Visited each workday, that’s $1,250 annually for one meal, one person. Throw in a family meal at a restaurant once a week, and you’re consuming a lot of bread.