Count the Cost of Convenience

Restaurant food delivery. Delis. Prepackaged grocery store meals. It’s easy to choose options that save time or reduce effort, especially when you’re in a rush or exhausted at the end of a long workday. But relying too much on conveniences may hurt your budget.

Here are three ways choosing convenience can affect your finances.

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Do’s and Don’ts to Manage Your Finances During a Recession

A recession can lead to economic setbacks for consumers, including a job loss or reduced income, higher prices on everyday goods and services and lower returns on investments. While most economists don’t think we’re in a recession yet,1 inflationary prices and rising interest rates have many worried about how best to manage their finances.

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The Benefits of Asset Allocation in a Stormy Market

Investing in the stock market can be intimidating, even when the economy is booming. While “buy low, sell high” is sage advice for those entering the market, recent global and national events have sent otherwise confident investors on a roller coaster of emotions. It’s understandable. There have been several twists and turns in the market this year, and experts are expecting more of the same. But that doesn’t mean investors can’t protect their hard-earned money with an asset allocation strategy.

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Tips to Save for Emergencies and Your Future

If you feel like you could do more to improve your saving and investing habits, or don’t know how to get started, here are some tips to help. Financial experts agree that there are two important things to focus on: start and contribute regularly to an emergency fund and contribute at least 10% of your paycheck to a retirement account.

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Fraud Schemes That Target Payment Methods

Scammers will take your money any way they can get it. However, two other payment methods are now at the top of their list: Zelle® and electronic wire transfers. Even if you find yourself in a situation that appears legitimate, a request to use one of these two methods to pay for something could signal trouble.

Protect your bank account by learning how to spot these financial scams.

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