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    What Questions Should You Ask Before Opening an HSA Account?

What Questions Should You Ask Before Opening an HSA Account?

When you get sick, the last thing you’ll want to worry about is how to pay for medical expenses. Healthcare is generally expensive, which can add stress to an already stressful time. Fortunately, this anxiety can be avoided with a Health Savings Account (HSA).

What is a Health Savings Account?

In concept, HSAs are similar  to personal savings accounts; HSAs are accounts that are used to save money which will only be used for healthcare expenses. The owner of the account, rather than employer, is the person who controls the money. In addition, money put into this account is not taxed.

Am I eligible for a Health Savings Account?

In order to open an HSA, you must have a special type of [...]

4 Easy Steps to Create a Realistic Holiday Budget

The holiday season is a very special time of year, and it’s rapidly approaching. It’s a time when we can get together with friends and family and enjoy one another by celebrating and indulging in beloved traditions.

But the holiday season is also a very expensive time of year. Fortunately, you can avoid the shock of end-of-year spending by creating a holiday budget.
4 Tips for Holiday Shopping on a Budget
Look at Last Year

The best place to start when making a budget for this year’s holiday season is by taking a look at how much money you spent during last year’s holiday season. If you don’t have a budget or receipts from last year, then don’t worry. It’s [...]

Answers to Your Most Pressing Questions about Sinking Funds

Sometimes emergencies that require cash pop into our lives. It’s hard to plan for these types of events and they often take us by surprise.

But what about those events or occasions we know are coming? Do you have payments for school, your friend’s birthday, car payments, or even Christmas coming up?

Setting up a sinking fund is an easy and financially responsible way to prepare for these events.

 
What is a sinking fund?
The simplest definition of a sinking fund is an amount of cash formed by periodically setting money aside. These funds are used to either pay off a debt or to purchase a specific item.

When large organizations utilize sinking funds it is typically through the repayment of bonds. [...]

20 Halloween Costumes You Can Find In Your Closet

October 31st is just around the corner, and it’s time to start thinking about your Halloween costume. Typically a fun activity, brainstorming easy and cheap Halloween costumes can turn into a stressful task when your bank account is running low.

There’s no need to worry, though. There are many costumes you can put together with items that are most likely in your closet already. Not only is this an easy way to save money, but it’s a fun activity that will have you pulling out items in your closet that you may not have worn in a while.
Cheap Halloween Costume Ideas Found in Your Closet
Cost-Effective Halloween Costumes for Children

Baseball/Softball Player

Team hat
Team shirt
White [...]

How Interest Rates Work

Whenever you open a bank account or a retirement account, or when you’re applying for a loan for a home, car, or business, you wind up dealing with interest rates. What is interest, and what does it mean for you? Knowing more about interest rates and how they work will help you make wise decisions when saving and borrowing money.
Why Interest Rates are Important
What is Interest?

There are two ways interest can affect you. One way is it is given to you as the result of having an account with a bank or credit union. Interest is also added to expected payments required by a lending organization.

First, let’s consider interest when it is given to you. When you [...]

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    How to Obtain a Payday Loan Without a Checking Account in Charlotte, NC

How to Obtain a Payday Loan Without a Checking Account in Charlotte, NC

When living paycheck to paycheck, it’s not always easy to open a bank account. Not having a checking account also makes it a little more difficult to put money aside for a rainy day. So, what are your options when an unexpected expense pops up?

Consider a payday advance loan.
No Checking Account? No Problem
What is a payday advance loan?

A payday advance loan is a short-term loan that allows you to borrow an amount of money based on your current paycheck. A credit check is not necessary to apply for this loan, making it an ideal option for people who have low credit scores or no credit scores. There’s no better option than a payday advance loan with no [...]

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    The 3 Best Savings Accounts For You and Your Hard Earned Money

The 3 Best Savings Accounts For You and Your Hard Earned Money

Though saving isn’t fun or glamorous, it’s crucial to a healthy financial life. Money-saver extraordinaire Dave Ramsey says, “A budget is telling your money where to go instead of wondering where it went.”

When you decide to make saving part of your budget, you feel in control of your finances rather than letting them control you. No longer is the question “Should you save?” but rather, “Which savings account should you choose?”
Which Savings Account Should You Choose?
Regular Savings Account

Considered one of the simplest ways to save money, a regular savings account can be opened easily at one of your local banks and requires you to put aside a little bit of money each month. The amount is [...]

Happy Labor Day, Charlotte, NC

We all know and love Labor Day for the extra vacation day it gives us, but do you know why we celebrate this holiday?

According to the US Department of Labor, “Labor Day … is a creation of the labor movement and is dedicated to the social and economic achievements of American workers. It constitutes a yearly national tribute to the contributions workers have made to the strength, prosperity, and well-being of our country.”

If you’re one of those American workers, all of us at Cash Fast Loan Centers hope you enjoy your day off!

If you find yourself in the Charlotte, NC, area on Labor Day weekend, you’re in luck! There’s no need to sit around and twiddle your thumbs as [...]

Are Car Title Loans Legal in Your State?

Despite best laid plans, emergencies sometimes pop-up. When that happens, you need cash fast. If you’re not sure where you’re going to get the necessary funds, then consider a Car Title Loan.

Car Title Loans allow borrowers to utilize a short-term loan by using the borrower’s vehicle title as collateral, allowing a lender to place a lien on the title. The amount a borrower’s loan is approved for will depend on the value of their vehicle and their ability to make monthly payments.
What States Allow Car Title Loans?
Car Title Loans are legal in the following states. These laws can change periodically, so if you ever have any questions about the legality of Car Title Loans in your [...]

3 Clear-Cut Ways to Calculate Loan Repayments

If you’re considering applying for some sort of loan, then it may be helpful to first know what the payment amounts with interest might be. Not only will calculating loan repayments give you the confidence in your ability to make your payments, but you will also be able to gain trust with your lender by showing her your research.
Easily Calculate Loan Repayment Amounts
There are several ways to calculate a loan repayment. Whichever method you choose, you must first understand the variables that are involved in loan repayment calculation and their symbols.

Some methods will ask for the symbols while others will spell out exactly what they are asking for. Referring to the descriptions below can make the [...]