New Exclusive Financial Assistance Program Now Available with Colonial

One of the biggest challenges facing potential homebuyers in purchasing a home is saving for the down payment and closing costs. As rent and home prices increase, it can be difficult to save the money necessary for these expenses. ...

Small-Business Grants for Minorities

When you’re working hard to get a new business off the ground, any little bit of money put toward your goal helps. It’s even better when that money is a grant as opposed to a loan that needs to be repaid and accrues interest ...

Setting Travel Expense Limits for Your Employees

Business travel might be a necessary expense, however there’s no doubt that it can be a costly one. According to Certify, companies spend almost $112 billion on domestic travel each year, with employees spending about $949 each ...

What Is a Good Amount for an Emergency Fund?

Emergencies happen to everyone, regardless of whether you have a steady income or are struggling to manage your finances. Unexpected expenses can throw your life into turmoil — and if you don’t have the money to resolve the ...

What is Escrow?

If you have ever shopped for a house, you have heard of the term “escrow” or the phrase “in escrow.” It’s usually used regarding real estate, but it is also applicable to other large purchases, especially when you want ...

Why Your Financial Institution Is the Best Place for an Auto Loan

Although there are many ways to establish a car loan when you’re purchasing a new or used ride, some financial entities will save you more money and deliver more personalized service than others. Here are five advantages to ...

Trade Schools vs. Colleges

The financial toll of higher education is an increasingly daunting thing to consider, but investing in education is a smart decision that can lead to a more fulfilling life, career and earnings. Getting an education after high ...

When to Crack into Your Retirement Savings Early

While it’s usually best to avoid withdrawing from your retirement funds early, there are a few special situations when it can be advantageous to do so. Discover which scenarios might legitimize this transaction and learn how ...

When You Need a Co-Signer

If it’s your first time buying a car, it is likely that you won’t have enough funds to pay for it in cash. If you are a young driver, you likely also won’t have the necessary credit history to support a financial institution’s ...

How to Set Attainable Goals for the New Year

Making resolutions is a tradition for many people who want to start the New Year off fresh and focused. Whether you’re determined to revamp your eating habits, get in shape, start a new business or pursue a new passion, the ...