Teaching Your Kids to Save Money

Red-headed woman sits on the couch holding her baby in her left arm while her older child sits to the right of her looking at an iPad

Think about the lessons you learned about money. How do the messages you heard in your early years impact the way you view and manage money today? Research shows that lifelong money habits are formed early. In fact, psychologists believe that by age 7 (I know, right?), kids have already developed long-lasting attitudes about money.…

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How to Negotiate a Raise

Older white male talks to a younger female employee about her renegotiating her contract

I always like to say that there are only three things you can do to change your financial situation: make more, spend less, or a combination of the two. But making more money can be easier said than done. It could mean finding a new job, gaining additional skills, or working more hours. Let’s dive…

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How to Find the Right Products for You

Hi, I’m Saundra Davis, financial coach here at SaverLife. Today we’re going to talk about how to find the right financial products and services for your situation. It is wonderful that we have so many financial products and services to choose from, but it can also be overwhelming. It can be very difficult to make a decision. There are many things that…

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What is a financial health score?

Congrats on taking this step in your SaverLife journey! Your score is on a scale of 1 to 100. Here is how to read it: 0-39: You might feel like one financial emergency, like a blown tire or unexpected medical bill, would set you back for months. It’s hard to devote time and resources to…

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Starting, Funding, and Growing Your Small Business

Open sign is visible from the inside of a coffee shop storefront

Many people hope someday to work for themselves and build a business from the ground up. If that sounds like you, regardless of what stage you are in the process, focus on your finances to increase your chances of success. Check out the tips below for a good place to get started. Planning Your Small…

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How to Make Good Financial Decisions

Side headshot of financial coach Saundra Davis in a video about making good financial decisions

Hi, I’m Saundra Davis, financial coach here at SaverLife. Today we’re going to talk about how we make good financial decisions. There is no shortage of information online and, frankly, even from family and friends. How do we know that what worked for them will work for you? Check the source The question becomes: How do you know when the advice…

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What Is a Mortgage?

White house in the country

A mortgage is a loan to purchase a home or land. When you begin planning to buy a home, shopping for mortgages is one of the steps you can take to find out how much you can afford. Mortgages are offered by banks or credit unions and the loan is secured (guaranteed) by the property you purchase.…

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What Is a Credit Score?

Your credit score is a number that is calculated by a company and sold to creditors to let them know how you have managed credit in the past. This is how your credit risk is determined (how likely you are to pay your debts on time). FICO (Fair Issac Corporation) is the most commonly used score…

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