Opening a Youth Savings Account

YOUTH SAVINGS ACCOUNT | It’s never too early to start saving. And if you’re a parent or legal guardian, it’d be worth your while to help instill these habits in your children sooner rather than later. Getting them ready now will help to keep them in a good place as they move along in life. … Read more

Why Checking Your Credit Report is Important

When it comes to your finances, you’ll want to know every aspect in full at all times. That includes keeping an eye on your credit report. As we’ve reported before, your finances and your credit go hand in hand. Keeping both up to date and in good standing means less overall stress in your life. … Read more

Understanding Your Loan Deferment

At first glance, a loan deferment is a saving grace for those struggling under steep financial strain. And yes, it is true that these can be true leg up in a time of need. However, you’ll want to have a full understanding of what taking on a loan deferment means. First, keep in mind that … Read more

Why Budgeting is So Important

Finances can be a big concern in any scenario. Whether it’s just you, or your entire family unit, managing your money should always be a priority. One of the greatest tools you can employ in this way is that of budgeting. But for many, this is an even bigger source of strain. That’s because many … Read more

Why a Savings Account is so Important

We all know that saving money is a good idea.  But in some cases, people feel they don’t have the time, income, or strategies to help. That’s why Affinity Bank is taking some time to cover the subject. This is in addition to the savings account options we offer in our services list. There could … Read more

Top Savings Account Tips

Welcome back to the Affinity Bank blog archive. We’ve returned with yet another entry aimed at helping you improve your financial experience. Today’s subject: top savings account tips. We all know the true value that a good savings account with a reputable banking institution can provide. That said, there are some great steps you can … Read more

The Different Types of Savings Accounts

As you likely well know, beefing up your savings account is a big deal. It can help you out of a myriad of different financial strains, and is a great resource when planning for future purchases. Today, we’ll be going over the different types of savings accounts that are commonly offered. First, there’s something called … Read more

Knowing Your Needs and Wants for Your Budget

As we’ve discussed previously, creating a budget is so very necessary for eliminating common financial stresses. As such, it’s good to plan ahead by having a solid budget plan in place. The first step is knowing what to spend your money on. Try separating your costs into two distinct categories: what’s necessary, and what’s a … Read more

Why Credit is King

One of the biggest outcomes of managing your finances is its impact on your credit. Credit is a valuable tool that can support you in ways that even your tangible cash can’t. It’s useful for many of the major purchases you’ll encounter in life, including homes, vehicles, etc. Likewise, having poor credit can inhibit you … Read more