The Extraco Banks Blog | Financial Literacy

Growing your team can be nerve-wracking and exciting bundled together. On the one hand, it means you’re hitting important milestones and expanding your business. Yet, it also means you need to grow your team and perhaps even hire new types of talent to accommodate your increasing need. Finding the sweet spot and knowing when to hire and when to hold off is key. Thankfully, there are a few simple ways to tell when it’s time to increase your team.

Higher prices for goods and services also translate to less money in your bank account and less to budget with each month. Fortunately, there are smart money moves you can and should make right now to protect your future, and it all begins with a budget.

If your credit history contains a few, or several, blemishes, it’s not the end of the world. You can do several things to get your credit in order and pay off debt, and it begins with knowing what’s in your credit history.

It’s easy to get off track even when you have a budget. Correcting mistakes isn’t easy, and it takes time, but you can improve to come out ahead in the future. Here are five big budgeting mistakes and ways you can fix them.

Looking for a new way to keep your kids’ minds engaged and active? Why not propose an activity that is educational and fun? You might even learn something new yourself.

Credit is the ultimate catch-22. To get credit, you must have a credit history. Young people wanting to establish themselves financially often find themselves in this conundrum. They've never had a credit card, haven't purchased their own vehicle and are not a home-owner. In other words, they're invisible to the credit bureaus.

Accumulating debt can be overwhelming. See how we've worked with customers to change their current financial situation and prepare for their future.