CU1 Education

Roth IRA or Traditional IRA: What Is the Difference?

Sooner is always better when it comes to saving for retirement. Making contributions to a retirement savings account early in your career will allow your money to grow and compound over the years and provide excellent tax benefits, which will help in the long-term. An individual retirement account (IRA) is a common type of retirement savings account that you may want to consider, and the most popular types of IRAs are Traditional IRAs and Roth IRAs. These accounts have some similarities, but the primary difference is when and how you get a tax break. Here’s how to decide which might be right for you.

Quick Tips for Buying Pre-Owned Vehicles

Buying a pre-owned vehicle may help you save money and get the most value out of your purchase. However, not every vehicle on the lot is a good buy. There are several steps vehicle shoppers need to take to ensure they are making the best financial decision possible for their needs. What should car buyers look for when buying pre-owned vehicles?

Should I Buy a Used or New Car?

Buy a new car is all about decisions, from the color and style of the vehicle to whether you want the latest tech or fuel-efficiency. One of the biggest choices you will have to make is between buying a new vehicle or one that’s new-to-you.

How to Shop Smarter for a New Car

Buying a new car is exciting, but it is also a big decision that can significantly impact your finances for several years. That’s why it is crucial to do a bit of homework before you ever step foot onto a dealer lot. A little prep can help to reduce the price of the vehicle, secure better financing options, and put you into a better financial position overall. Here are a few steps you can take to improve your car-buying experience so you drive away in a car you love and can afford.

What Is Auto Loan Pre-Approval, and Do I Need It?

One of the most powerful car-buying tools is an auto loan pre-approval, which tells you exactly how much car you can afford. Pre-approval shows dealerships that you are a serious buyer and also helps you understand exactly what your car-buying budget is. While it can be tempting to skip ahead and start shopping, securing auto loan pre-approval can be a smart move for your finances.

How Your Credit Score Affects a Car Purchase

It’s no secret your credit score is important. But many are surprised how great a role it can play in the overall cost of an auto loan. When financing a vehicle, your credit score matters in terms of getting approval for a car loan, the amount you will need for a down payment, and the total interest you will pay over the life of your auto loan.

Roth IRA or Traditional IRA: What Is the Difference?

Quick Tips for Buying Pre-Owned Vehicles

Should I Buy a Used or New Car?

How to Shop Smarter for a New Car

What Is Auto Loan Pre-Approval, and Do I Need It?

How Your Credit Score Affects a Car Purchase

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