For the average person equity can be REALLY confusing. In the Financial industry, it is commonly defined as "...the value of an asset less the value of all liabilities on that asset." Which means if you owe less on your home, for example, than it is appraised at, then you have equity. And Equity is valuable and should be treated with care.
Making Saving Simpler
The step–by–step guide below can help you create a realistic savings plan. Record your expenses. Make a budget. Plan on saving money. Set savings goals. Determine on your priorities. At Wynde Bank, we offer savings and investment products for different goals that are designed to make saving money easier with automatic transfers. Watch your savings grow.
Reduce Debit Safely
With credit cards so convenient, loans so common and debt socially acceptable, getting into debt is extremely easy. Join us to learn more about how to reduce your debt safely with a plan that fits your lifestyle.Avoiding debt is an advice most don’t appreciate until they are swamped with bills and obligations. For years, many just pay the minimum payment on their credit cards and think of their house as an ATM machine.
Teaching Kids to Save
You know it's important to teach kids how to save money, but it isn't easy to get them started. Kids just view life and money differently.