Author: Tint Zaw
How banks handle your funds when you deposit them
When you deposit money into a bank, the bank doesn’t just let your funds sit in a vault. Instead, they use your deposits to carry…
How does mortgage insurance operate and what is it?
Mortgage insurance is a type of insurance that protects lenders if a borrower defaults on their home loan. It is typically required when a borrower…
How to Apply for a Personal Loan at a Credit Union
Personal loans can be a valuable tool for managing unexpected expenses, consolidating debt, or funding a major purchase. While traditional banks often come to mind…
Dispelling the Myths About Why Whole Life Insurance Is a Poor Investment
Whole life insurance is often sold as a financial tool that combines the best of both worlds—offering both insurance protection and an investment component. It’s…
How a mother evaded financial hardship while accruing credit card debt
In today’s fast-paced world, it’s easy for financial challenges to spiral out of control. Between raising a family, managing household responsibilities, and trying to maintain…
What Kind of Savings Account Interest Rate Is Good?
When considering where to place your money, the interest rate a savings account offers is one of the most critical factors. It directly impacts how…
How are interest rates on mortgages set?
Mortgage rates are determined by a variety of factors, both macroeconomic and personal. Understanding how mortgage rates are set can help you make informed decisions…
How to locate affordable auto insurance
Finding cheap car insurance requires a combination of research, strategic decision-making, and an understanding of how insurance companies price policies. Below is an extended guide…
How bank runs were accelerated by the digital age
The digital era has transformed almost every aspect of our lives, including how we interact with financial institutions. One of the unintended consequences of these…
How to Present a Mortgage with a Cash Offer
Making a cash offer when you’re using a mortgage might seem contradictory, but it’s a strategy some buyers use to strengthen their offer in a…