MoneyWisdom Blog

Matthew M. Robare

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Bring Your Credit Union to College This Fall

Posted by Matthew M. Robare on Aug 30, 2019 10:45:39 AM

With September coming up quickly, many big banks are offering flashy benefits for new college students. Banks create special offers, such as waiving monthly fees for a number of years or offering credit cards with cash back on certain purchases, to attract these new account holders.

But it’s important to realize that the fees don’t go away forever, many accounts have minimum balance requirements, and credit cards can come with exorbitant interest rates.

There's a solution, however. Just bring your credit union to college with you this fall!

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Topics: Personal Finance, Life Changes

Before You Consider a Loan for Your Wedding

Posted by Matthew M. Robare on Jul 22, 2019 8:03:00 AM

Weddings are expensive affairs. From renting tuxedos and buying dresses, to hiring venues, a DJ, and caterers, walking down the aisle is a lot more complex than when my grandparents needed a justice of the peace, a witness, and a blood test. As a result, the matrimonial-industrial complex has gotten so big and so competitive that an increasing number of young people are taking out personal loans to finance their weddings – and an ecosystem of lenders has appeared to compete for their business, according to The Washington Post

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Topics: Personal Finance, Life Changes

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