Wallet Wins

Buy Now, Pay Later (BNPL) programs may be the latest payment craze, but the concept isn’t new. These same principles made credit cards, loans, and even layaway popular. However, these payment options are gaining traction due to the lure of no-interest charges, convenient repayment schedules, and easy approvals. Combine these perks with more people relying on credit to make ends meet in an inflated economy, and it’s easy to understand the hype.   While convenient access to cheap money might be the draw, hidden dangers are lurking in the waters that many overlook accidentally – and because they don’t think it…

The warmer months are here, and car sales are heating up! Summer is one of the busiest times for car buying, thanks to fresh inventory from manufacturers, summer sales at dealerships, and more people looking to sell or trade in their current vehicles. Plus, the nice weather makes test-driving more enjoyable.  If a new ride is on your mind, you have an important question to ask: Should I buy new or used? It sounds like a simple question, but each option comes with pros, cons, and financial trade-offs. In this guide, we’ll break down how new and used vehicles can…

Buying a home right now isn’t easy – prices are high, interest rates have climbed, and there aren’t as many homes on the market. If you’re a first-time buyer, it might feel like homeownership is well out of reach. The competition is tough, and finding something in your price range can be frustrating.  But don’t give up! Homeownership is still possible with the right strategy. By making informed financial decisions and exploring smart buying options, you can significantly improve your chances of success. In this article, we’ll share insights to help you navigate today’s market, manage the homebuying process, and…

Saving money sounds simple but figuring out where to start can feel overwhelming. Should you open a savings account, explore investments like stocks, or think long-term with retirement planning? And what if you don’t have much to save right now? No worries – we’re here to guide you.  In this guide, we’ll help you understand the basics of saving, from building a strong foundation with credit union accounts to exploring opportunities beyond – like investing in the stock market or preparing for retirement. No matter where you’re starting, you’ll discover tools and tips to make saving simple, approachable, and something…

Credit cards are one of the most convenient forms of payment, and when used responsibly, they help you manage your cash flow and budget effectively. However, this convenience can lead to overspending and land you in a financial pickle. And with prices continuing to rise, more and more people rely on credit cards just to make ends meet.   When you find yourself staring at a steep credit card bill, it can feel like a giant weight on your shoulders. Reducing your balance can seem impossible at times. Don’t fret! We’re here to pull back the curtain on an easy way…

February 13 is officially Galentine’s Day! This year marks the 15th anniversary since Leslie Knope coined the holiday on the TV show Parks & Recreation. Leslie liked to celebrate by taking her friends out for brunch and buying them all gifts, but we’ve got some fun ideas to help you celebrate with your friends while staying on budget.  Charcuterie Night  Host a BYOB (Bring Your Own Board) Charcuterie Night. Ask each of your friends to bring a themed charcuterie board of their choice for a fun tasting night. Examples could include fruit board with different fruits and dips, French fry board…

Ever feel like your debt is difficult to manage? You’re definitely not alone.  It’s easy to turn to credit cards to make ends meet (or even to get a bit carried away buying holiday gifts). But debt grows quickly, and dealing with all those payments, high-interest rates, and monthly statements can feel overwhelming. Fortunately, debt consolidation may offer a solution.  The New Year is the ideal time to take a look at debt consolidation — especially if you’ve gone on a holiday spending spree! When you’re ready to take control of your finances, here’s what you need to know about…

Peer-to-peer payment apps like Cash App, PayPal, Venmo, and Zelle have made sending money between parties quicker and easier than ever before. With just a few taps, you can conveniently split dinner with a friend, pay a babysitter or landscaper, or send your portion of rent and utilities to a roommate.   But when someone sends you money, is it wise to leave those funds sitting idle in your app account? Or should you move them elsewhere? Keep reading to find out how to protect your money better and earn more at the same time.    Understanding Peer-to-Peer Payment Apps   Peer-to-peer…

The holiday season is upon us, and the cheerful and festive atmosphere can be infectious! Between the lights, music, food, gifts, and spending time with loved ones, it can be the most joyful time of the year. It can also be the most expensive time of the year.   That’s why it’s more important than ever to check your list – and budget – twice! Even as prices continue to rise, there are still many ways to keep your spending in check and put huge smiles on the faces of friends and family.   In this article, we’ll help you become a…