Online Banking

Username:
Password:
 
 

Branch/ATM Locator

Enter a ZIP code to find the nearest ATM.

Latest News

Small Business Relief March 30, 2020

Read More

A Letter From Jennifer March 30, 2020

Read More

Coronavirus March 16, 2020

Read More

Pay Yourself First February 19, 2020

Read More

The 5 Basics of Financial Literacy January 10, 2020

Read More

Holiday Shopping and Information Security December 2, 2019

Read More

2019 Giving Trees are Here! December 2, 2019

Read More

Thanksgiving Tips & Tricks November 5, 2019

Read More

Kids Free San Diego October 16, 2019

Read More

Three Key Steps for Female Entrepreneurs October 16, 2019

Read More

The 5 Basics of Financial Literacy

Man sitting at table writing in a notebook while using calculator to calculate numbers

Hi!

How literate are you when it comes to your finances? Brush up with these five basics:

  1. Credit and Debt – understanding how credit and debt work for and against you are some of the first steps toward understanding personal finance. While it’s not useful to be scared of credit and debt and avoid it entirely, there are some things to look out for.
  2. Interest – Interest can work against you, but it can work for you, too. When you take out a loan with an interest rate, it’s working against you, but when you invest early and take advantage of compound interest, it’s working for you.
  3. The Value of Time – It’s never too early to start saving. In fact, the earlier you start, the better your result. By getting started with retirement savings sooner rather than later, you can leverage the value of time to your advantage.
  4. Inflation – Inflation has the potential to eat away the purchasing power of your money. That means, with inflation, the dollar you earn today may not be worth a dollar in the future.
  5. Identity theft and safety – In the modern world, identity theft is one of the biggest threats to financial and personal safety. A cracked password or misplaced Social Security number can have big consequences on your current and future finances.

For more important information on each of these points, I invite you to check out the full article on my website.

Sincerely,

Steve Lindquist

steve

 

 

 

 

 

Steve Lindquist 
stevelindquist@peakfns.com 
Financial Consultant
9600 S McCarran Blvd
Reno, NV 89523 
(775) 789-3140

www.gbfinancial.org/

Steve Lindquist is a registered representative offering securities and advisory services through Cetera Advisor Networks LLC, member FINRA/SIPC a Broker/Dealer and Registered Investment Advisor. Cetera is under separate ownership from any other named entity. Registered address: 9600 S McCarran Blvd., Reno NV 89523.

Investments are not deposits; not FDIC/NCUSIF insured; and not insured by any federal government agency.  No credit union guarantee.  May lose value.

Share:

Comments are closed.