Preparing for the Great Wealth Transfer
As published in the Star Advertiser on September 19, 2018. Economists and financial analysts have estimated that aging baby boomers — the wealthiest generation in history — will hand down upwards of $30 trillion to their heirs over the next few years. This significant shift in assets from one generation to the next even has […]
Financial Education for Keiki: Why It Makes “Cents”
As published in Hawaii Parent Magazine June/July 2018. If your child leaves the nest without knowing how to budget, save or spend responsibly, the consequences can be costly. More than half of Hawaii households live paycheck to paycheck. Without the ability to save, one medical emergency or car breakdown could be financially devastating for a […]
Learn How to Improve Your Credit Score
Are you in the market for a mortgage or car loan but consistently turned down or only offered loans at high interest rates? Your credit score is the likely culprit. Credit scores range from 300 to 850, and a good score is above 700. The higher your score, the better the chances of obtaining a […]
How are Credit Reports and Credit Scores Calculated?
What is a credit score? If you have ever applied for a loan, looked for an apartment to rent or wanted to get a cell phone of your own, you have probably been asked about your credit history. Just like a person’s reputation, your credit score indicates to others how well you pay your bills […]
Be Prepared with a First-Time Home Buyer Checklist
Before you buy a home, there are many things you should consider that could save you money. Purchasing a home is a very large investment and takes a lot of preparation, so you’ll want to make the smartest decisions possible. Check your credit report Consumer Financial Protection Bureau recommends checking your credit before purchasing a […]
Travel Smart with Credit & Debit Cards
Getting ready for family vacations and traveling abroad? Before you hop on that plane, consider these tips on when it’s better to use your debit or credit card for travel. Taking a little time to plan ahead before traveling may help you save lots of money – and headaches! To start off, we recommend bringing […]
Save Money and the Environment with Solar
As published in the Star Advertiser on May 28, 2018. Hawaii’s clear skies and sunny days make for perfect conditions to take advantage of solar power. Homeowners who generate their own electricity through solar photovoltaic (PV) systems may reduce our state’s reliance on imported fossil fuels and see savings on their electric bills, too. According to […]
No Down Payment Home Loans
Many residents hope to own a piece of paradise, but home prices in Hawaii can be staggering to some. Many write off homeownership because they assume they can never purchase a home without a large down payment. Buying your first home is a big step, and there are several opportunities for homebuyers with little money […]
Cash Back Rewards vs. Points
What determines the best credit card? It is optimal for consumers to choose a card with no annual fees and a low APR, but credit cards now offer more incentives than ever by rewarding their customers for making purchases using their cards. Consumers can benefit by using a rewards card for everyday purchases, whether it’s […]
Purchasing your First Home: How to Choose a Mortgage
Most people dream of owning a home someday. It is exciting to imagine a place you can plant roots and call your own. But with any large purchase, buying a home can be overwhelming — especially for a first-time homebuyer. Do not embark upon this journey feeling intimidated. Rather, take the time needed to familiarize […]