They are both small plastic cards that you can use to buy stuff and you probably have one of each in your wallet or purse. But did you know they each have distinct differences? Debit cards and credit cards can both be great tools to use when purchasing goods and services. Is one better to use than the other? First, let’s find out how each works.

Lots of individuals dream of flying but never actually take a serious look at it. Taking the courses necessary to become a licensed pilot are offered by numerous flight schools all over America. Many flight schools offer “discovery flights” where you can actually take a short flight with an instructor.

The loan process for financing an airplane can be quite different than a car or boat. When you’ve decided it’s time to buy your first plane, it’s important to start the airplane loan process as prepared as possible. Lenders will look at more than just your credit history, they will want to assess the plane and the purpose for owning. Here are a few standard questions you might be asked during the process. Not all of these factors can be a determining factor in how much you are able to borrow.

Significant historical events, from the Great Depression to WW2, changed our society in unimaginable ways. The Great Depression gave us some of the social programs Americans have come to expect, such as Social Security. WW2 ushered in a “golden age” for our nation, bringing us prosperity, advancements in technology, and a position as the world’s leader. Now, the pandemic is changing the ways we work, set priorities, and look at our lifestyles. One major area of where are perspectives are evolving is how to find the right work-life balance.

Many aspiring pilots are concerned with not only the cost of earning a private pilot’s license but once they acquire it, if they will be able to afford to fly. Owning a plane or just renting a plane is a very expensive hobby.

Could you use an extra $1,000? Who couldn’t? No need to whip out your resume or ask your rich uncle for a loan. Here are five ways in which most of us can earn some cash honestly and easily.

If you have, now is probably the best time to take that dream seriously. There is a shortage of pilots now and the shortage will increase dramatically in the coming years.

The credit union movement is steeped in a rich history of collaboration across divides. For nearly two centuries, financial cooperatives all over the world have encouraged people of every race, gender and belief to come together and give their all towards the betterment of their communities. It’s about people helping people.

What credit score should you really be striving for?

Most people have heard the old adage that the higher your credit score the better. We all know that a good credit score means lower rates when you want to obtain a loan on a car, mortgage and other large ticket item. The truth is that financial institutions use ranges to determine interest rates on a loan.

If you are a South Florida resident, you know that visiting relatives or friends are a reality of life. As hosts, we are often tasked with finding and accompanying our guests to suitable attractions. Since we live in a tourism driven economy, these spots are often quite taxing to the wallet.

You used to dream of this time and thought the day would never come. The day when your kids grow up, move out and become financially self sufficient.

Now they are gone and you and your spouse are empty nesters. After years of non-stop parental activities -- rushing to soccer practice, piano, karate, recitals, birthday parties and sleepovers, they are gone. You feel like Usain Bolt after the 100 meters – accomplished, happy and a wee bit sad.

Your ideal savings rate depends on your goals and when you want to reach them. Are you saving for retirement? A vacation? Creating an emergency fund? There are also a variety of circumstances that can affect how much you should save. We’re going to breakdown the savings timelines and factors that go into figuring out how much to save and when.

Are you thinking about investing but aren’t sure where to begin? CDs and IRAs are a good, low risk place to start. In this blog, we will explain just what these are and when it would be a good time to invest.

When you’ve outgrown your home or are in need of an update, you have two options: renovate or relocate.

Although it might be hard to believe, the consequences of missing the April income tax filing deadline can be even more frustrating than completing the return in the first place.

Refinancing. You hear the term in the media almost every day especially in this low rate environment. Refinancing means paying off your existing mortgage with a new one. Should you do it? Consider these five reasons why refinancing may be right for you.

When it comes to our finances, most people underestimate just how much they spend on food.  And while we can get rid of other expenses, food is the one line item that we cannot eliminate. We can however, spend a lot less with a bit of thought and planning.

If you are looking for a mortgage, a home equity loan, an auto loan, or a personal loan, you want to feel like you are getting the best loan available. Keep these items in mind while you are shopping for a loan:

Depending upon how much credit card debt you have, being debt-free can seem daunting or even unattainable. Developing a plan is the most important first step to attaining a debt-free life. Without a plan, it can feel like you’re not making any noticeable progress. Here are five important steps to take to get rid of your debt.

"Once a man, twice a child.” People from the Caribbean know exactly what that means. It’s the inevitable circle of life. Humans begin life as helpless children and later, we again become dependent on others for assistance. In our forties and fifties, we will all see our parents aging and becoming more dependent. Then before we know it, the tables become completely turned and we begin to assume the role of caretakers.