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Savings TIps

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Smart Debt: Choices That Shape Your Financial Future

Posted On: September 13, 2024 by Prevail Bank in: Banking

 

Some people avoid debt entirely, choosing to pay for everything with cash or their debit card. This approach is valid and keeps spending in check, but it may not help build credit for future borrowing needs.

For most of us, debt is a part of life, used for everyday expenses and major purchases. When managed wisely, debt can be a valuable investment in yourself and your future.

Examples of Positive Debt: Student Loans:

Investing in education through a...

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Tags: financial education, Financial Future, Savings TIps, Smart Debt

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Your Dad’s Guide to Financial Savviness: Timeless Wisdom

Posted On: June 10, 2024 by Prevail Bank in: Banking

Your Dad’s Guide to Financial Savviness: Timeless Wisdom 

Successful money management is the process of handling your finances in such a way that it allows you to use your money to achieve your goals and to get the best return. Good money managers are in control of their spending and develop habits that help them avoid debt and financial strain.

In the spirit of Father’s Day, Prevail Bank collected some of the money managing habits and words of advice that have been...

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Tags: Financial Savviness, guide to financial savvy, Savings TIps

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