If you’ve ever tried making a purchase with cash that was heavily damaged, you may have gotten a funny look from the cashier—or maybe they wouldn’t accept your money at
One popular method of budgeting is the cash budget. This type of budget is exactly how it sounds; you only use cash to make purchases as opposed to credit cards. However, as with any type of budgeting, there are advantages and disadvantages. Here are some of the pros and cons of a cash budget. PROS PREVENT OVERSPENDING You can only use what you ...
Take control of your credit and debit cards with our Card Control app. With this app, you will now have the ability to turn your Visa cards on & off as well as set restrictions for how your card is used. This includes: GEOGRAPHIC LOCATION Use your phone’s location or a selected region on the map to determine where your card will work. If the ...
Many merchants are offering payment plans when you make purchases. However, there are factors you should take into consideration before choosing this option. Here are some are the pros and cons to buying now and paying later WHAT IS BUY NOW, PAY LATER? BNPL is a way to make a purchase online where you get your item right away, but pay it off over ...
A major component of budgeting and setting financial goals is differentiating between your wants and needs. Here are some examples of wants and needs and how to set up a budget so you can accommodate both. WHAT ARE CONSIDERED NEEDS? Needs are any items you buy that allow you to live and work. For the most part, these are usually recurring expenses ...
Chances are, at some point you’ll take out a loan of some kind. After all, the average debt per American is $90,460, according to a 2021 CNBC report. If you’re
On Tuesday, we talked about what money laundering is and how it affects you. Today, we’ll talk about “money mules,” the part they play in the money laundering process,
You’re not alone if the term “money laundering” brings to mind images of washing machines, dryers, and laundry detergent. After all, laundering money is the process of
Whether you have a business of your own or are thinking about starting one, Cyprus is here to help. Schedule an appointment with one of our business advisors to learn
There’s nothing quite like your brand-new ride having the latest technology, a modern design, a clean interior, and zero maintenance issues. But is buying a used car the
If you’ve ever opened up a savings account, taken out a loan on a car, or cashed a check, you’ve had personal experience with the banking system. All credit unions,
Along with all the conveniences of technology come its disadvantages. Data breaches are one such disadvantage. When you've been a part of a data breach, it can feel as
Knowing your lingo will help you stay well-informed whenever you are going through the loan process. One term you might hear is amortization. Let’s take a minute to