Money Management Blog

Graduation is almost here. What are you planning to give your child to celebrate? Why not give the gift of financial education. Here are four financial concepts you can teach your graduate before he or she is off to college:

You probably pay your mortgage once a month. You send a check to your lender or make a payment online. Your money is then applied to principal, interest, and escrow. You may have heard about the idea of making bi-weekly mortgage payments and you’re wondering if this can save you money in the long run.

A home is probably the most expensive purchase you’ll ever make and may be the biggest debt you’ll ever carry. That’s why it’s important to avoid these mistakes that take the joy out of home ownership.