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We are pleased to present below all posts tagged with 'money management'. If you still can't find what you are looking for, try using the search box.
Do you remember your first job as a teenager? The happiness you felt at earning your own money and the freedom to pay for things yourself? Today, teens between the ages of 13 and 18 are most likely to babysit, mow lawns, or perhaps even have their own businesses on eBay or other sites. I know quite a few young entrepreneurs who make money by selling homemade doggie treats, glitter slime, and even buying sneakers and selling them online at a profit! Teenagers are finding new and interesting ways to earn money, so how can we help teach them to use that money wisely?
Should you co-sign for someone if they ask you? Well… you really need to think long and hard about this and make sure you’re ready and able to take on that responsibility. People often get confused when they hear the term co-sign. Sometimes people think they are not really responsible for the debt; they think they are merely helping someone out. Make no mistake; if you co-sign a loan for someone, it is exactly the same as if you borrowed the money yourself! By co-signing on a loan you are accepting full responsibility for payment of that loan, including late charges and any fees associated with collecting the debt.
Mobile banking utilizes the best practices from online banking, such as HTTPS, 128-bit SSL encryption, password access and application time-out when your phone is not in use. If you enroll from a certain phone, only that phone can access your accounts. In addition, no account data is ever stored on your phone. In the event that your phone is lost or stolen, you should contact your mobile service provider immediately to stop all wireless service. Additionally, you should sign in to online banking and disable or remove your phone.
Do you often use cash or checks? Do you avoid merchants who don’t accept card payments or mobile payments?
It is thought that the United States first began “writing checks” in 1681, and later officially printing checks in 1762.*
Rhinebeck Bank recently issued new MasterCard® Debit cards with new “Chip” technology. These cards are also referred to as EMV Cards, for the original developers Europay, MasterCard® & Visa®.
EMV began to be used extensively in Europe in the early 1990s. In 2011 the leading payment networks in the U. S. announced plans to transition to EMV technology, for both Debit and Credit Cards, by October 1, 2015. On that date liability for fraudulent transactions shifted to any entity that had not implemented the new EMV technology. Due to the expense involved in purchasing new terminals and issuing new cards many merchants and banks did not make the change by the target date of October 1, 2015. This, however, did not affect customer’s ability to use their cards, nor did it affect the consumer’s rights under regulations and network rules regarding liability for fraudulent transactions.
Have you ever received a phone call and wondered if it might be fraud? For instance, someone claiming to be a representative with Microsoft saying your computer has viruses? Or maybe, a call from the IRS saying you owe them money and if you don’t pay you will be arrested? Have you recently received an email or letter saying that you are the lucky winner of a lottery?
Over the course of any given month there are dozens of transactions going in and out of your checking account: direct deposits posting from your employer, your mortgage or rent, utility bills, car loans, insurance and other payments are withdrawn. There are also groceries to buy, dinners out, a gas tank to fill and perhaps a trip to the movies or shopping online. Do you know the true balance in your account before you spend money or do you just wing it?
For new professionals beginning a career in their early 20’s retirement can seem light years away. I certainly felt this way in my early 20’s, and to some extent still feel in my mid 30’s. The reality is retirement is not that far away. The longer millennials wait to start saving, the more difficult achieving retirement goals will be. For a long time the combination of Social Security and in most cases a pension ensured a semi comfortable retirement. Adding a 401k and/or IRA to the mix was just icing on the cake. For most job families pensions are a thing of the past, and social security is a big question mark. This leaves personal retirement savings as the most reliable way for millennials to achieve their retirement goals. So why is it so important to start early?
In a deal between the New York legislature and Governor Andrew Cuomo, the state has changed the way new homeowners can take advantage of the STAR program. While the total amount of the tax relief remains unchanged, the difference is in “when” you receive it.
USA Patriot Act
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