United Community Blog

Coverdell Education Savings Accounts are a tax-advantaged way to build funds for your child’s education. They may be used along with other investment accounts, such as 529 plans and education savings bonds.

For most people, buying a home is both an exciting and challenging venture—it is the quintessential American dream. However, because of the high costs involved, saving for home purchase takes commitment, research, and sometimes sacrifice. This fact sheet will provide general information on the costs involved and the types of expenditures you will need to save for in order to buy your first home.

The easiest way to save? Automatically! It doesn’t matter how much, what you’re saving for, or why you are saving. When you make the smart decision to have a portion of your income automatically deposited into a savings account, you’ve increased your chances for success.

How much better would Americans be with money if we were intentional about teaching good money and savings habits at a young age? Here we’ll focus on ways to positively model and influence children and teens regarding money, spending habits, and saving. It’s never too early to start teaching your children about saving, budgeting, and money matters. It’s easy to overlook these valuable lessons since it’s not a core subject taught in school until kids are in high school. But you don’t need to wait! Here are some money-savvy ideas you can start teaching your children while they’re still small.

When you’re testing the temperature of the real estate market, it’s to see if it’s a seller’s or buyer’s market. In a seller’s market, there is a wealth of hungry buyers but not enough houses to go around, giving sellers the advantage. In a buyer’s market, there are plenty of homes for sale but not many interested buyers, giving buyers the edge.

When you are ready to buy a home, a real estate professional can help you sort through all the important details, financial and otherwise, involved in the home buying process.

Whether or not you have too much debt is not always easily determined. However, there are certain signs that indicate that you are indeed experiencing some major financial trouble. It is important to be able to recognize these signs and to watch out for them in order to avoid the severest forms of financial trouble- bankruptcy and foreclosure.

If you’re nearing retirement, many decisions are coming your way, from where you’ll live to how you’ll fill your suddenly idle hours. One of the most critical retirement decisions involves your finances.

One of the biggest keys to a happy retirement is getting to do what you really want. After all, you’ve worked a long time to get to the point where you have full control over how you spend your time. If your ultimate retirement involves a lot of R&R, and you’ve got the resources to do it, then by all means go for it. On the other hand, you may be one of the growing number of people who find they still want to engage in some gainful and rewarding work during their advanced years. If you fall into that category, there are any number of positions that can be fun and challenging while putting some added dough in your accounts.

Many seniors avoid seeking help for their money problems because they don’t want to bother people, don’t know who to trust, or feel ashamed. Yet trying to deal with debt issues alone is often not the best approach. While money problems may be uncomfortable to talk about, there are resources available offering valuable assistance.