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Money talks.

Our blog is written by experts — who also happen to be real people who have experienced the same financial concerns you have. Read on for real talk about real finances.

Diapers to dorm rooms: Teaching kids about money

In many families, money was once a taboo subject. Kids grew up with a vague idea that their parents made enough to support the household, but it wasn’t until they had their own jobs that they began to understand how finances work. These days, kids have the opportunity to learn about money much earlier, thanks to youth savings accounts, college savings funds, and open conversations about budg... Continue Reading »

Funding your future: how student loans work

A college degree can come with a hefty price tag. Whether you’re paying for a child’s education or your own, it’s likely you’ll need to take out a loan or two. Read on to learn how student loans work before you start applying. Financial aid office Your first step, whether you need a loan or not, is to reach out to the financial aid office at your preferred school. “I recommend cont... Continue Reading »

What is a personal loan? Our Q&A has answers

When it comes to loans, most are easily defined by their names: home loan, car loan, or business loan, for example. But what is a personal loan? A personal loan allows you to borrow a lump sum of cash, which can be used for whatever you need. The loan isn’t secured by collateral, like a car or a house, so it can offer a great deal of flexibility in how it’s used. In fact, some people appl... Continue Reading »

How to buy your first car: Tips for beginners

Buying your first car is a thrilling experience! On one hand, it’s a milestone that declares maturity and status. On the other, car ownership is a big responsibility, and the process can seem daunting. If you’re in the market, here are some foolproof tips on how to buy your first car. Set a realistic budget You don’t have to spend a fortune to own a good car. Knowing what you can affor... Continue Reading »

Personal loans 101: Learn the basics

When you hear the term “personal loan,” you might imagine loaning your friend $20 or your teenager asking to “borrow” money for something frivolous. In financial terms, what it actually refers to is a loan that isn’t secured by any collateral (like a car or house). Learn more about this type of lending in this personal loans overview. A flexible option A personal loan allows you to... Continue Reading »

Kids and money: A 5-step plan to teach kids about budgeting, earning, and saving

Kids might learn some Economics 101 lessons in school — things like supply and demand or what comprises the national debt. For most students, however, personal finance isn’t part of the curriculum. That means education about credit cards, interest rates, and saving money falls to Mom and Dad. Don’t worry – teaching kids about saving doesn’t have to involve an elaborate lesson plan. Th... Continue Reading »

Credit scores: A digital finger on your financial pulse

Like blood pressure readings can provide a basic indication of your heart health, your credit score can deliver a reflection of your overall financial health. Your score shows your creditworthiness and can have a big impact on your finances.   Why do credit scores matter? When it’s time to get that new car (and a new loan), a credit card, etc., lenders use your score to determine the r... Continue Reading »

Buying a house for the first time: 4 helpful tips

Spring is here, and so is the beginning of the busy real estate season. “For Sale” signs are popping up right along with the sprouting daffodils. If you are a first-time home-buyer, you may feel a little overwhelmed by the process awaiting you. You may wonder what exactly you need to do when buying a house for the first time. These tips from Cobalt CU will help you confidently navigate the ... Continue Reading »

What is a Home Equity Line of Credit?

Maybe you’re interested in adding a deck to your house. Or maybe you want to help pay for your daughter’s wedding. If you’re a homeowner looking to borrow money, a HELOC might be a good option for you. So what is a home equity line of credit? In short, a HELOC is a revolving line of credit you can access by borrowing against the equity in your home. (Equity is the value of your house minus ... Continue Reading »

Free eBook – The Guide to Budgeting and Saving

With the number of financial transactions that can happen during a typical day, it’s easy to look over your monthly bank statement and wonder where your paycheck went. But by taking a more proactive approach and learning how to budget, you can prevent that “what happened?” moment and develop a greater understanding of income and expenses. Even better, proper budgeting can set you on the path... Continue Reading »