Financial Education

Young women sitting at a table with her laptop and a cup of coffee. She is reading an article online.

Mastering Your Money: Understanding the Difference Between APY and APR

When it comes to financial terms, it’s easy to get overwhelmed by the sheer number of new vocabulary words you need to understand. In addition, there are a number of acronyms that get tossed around in conversations about finances that confuse matters even further. Two such terms are APR and APY. While these sound similar, they’re generally used for two very different purposes. In this article, we’ll dig into the distinction between the two, explain why they matter, and equip you with a little bit of knowledge to help you make better financial decisions. Continue reading

Father and son on couch talking and looking at iPad.

Teaching Kids to Use Debit and Credit Cards

In the world of technology and digital payments, the traditional piggy bank may seem outdated. Cash allowances feel cumbersome, and teens crave the independence and convenience of plastic cards. While credit and debit cards can be powerful tools for financial learning, they also carry risks. Equipping teens with the knowledge and skills to navigate the realm of plastic is crucial for their financial future. Continue reading