Island Blog
   

Island Blog

 

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blog 14

Cybersecurity awareness month: 3 Super Scary Scams to watch out for

Don’t let a Halloween scam spook you! Stay a step ahead of those cyber crooks by looking out for these four scams this season.

 

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blog 13

Financial Security: Beware of the New Pending Package Scam!

Everyone loves a surprise package, and scammers are taking the excitement out of that experience by using bogus packages as a cover for a nefarious scam that tricks victims into sharing their personal information — and their money.


Here’s all you need to know about the pending package text scam:

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blog 12

What is the Difference Between APR and Interest Rate?

When comparing long-term loans, the interest rate and the annual percentage rate (APR) are often confused. While the interest rate refers to the annual interest expense of the loan, the APR reflects the annual cost of borrowing money from the lender. Clear as mud? Don’t worry; we can help. Let’s take a closer look at the difference between these two terms and how each one impacts your loan.

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blog 11

4 Home Improvement Projects With High Long-Term Return

When you’re making improvements to your home, you’re not just making your life better in the short term. You’re also making an investment in your future. Ideally, the increase in the value of your home will exceed the cost of the improvement.

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blog 10: single parents

FINANCIAL Tips for single parents 

Smart money management is always important, but it can take on more urgency for those who are without a partner. Whether you’re divorced, widowed, or single by choice, single parenting brings unique budgeting challenges.

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blog 7: 4 apps

6 FINANCIAL LESSONS YOU CAN LEARN FROM BASKETBALL

With the NBA playoffs in full swing, let’s take a moment to review some surprising financial lessons we can learn from the iconic sport and its players.

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blog 7: 4 apps

4 BACK-TO-SCHOOL APPS FOR PARENTS AND STUDENTS

The new school year is starting soon! Whether your kids are getting ready for another round of remote schooling via Zoom or they’re packing their backpacks with face coverings and hand sanitizer for in-person schooling COVID-style, here are a few apps to help get the year off to a great start.

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blog 6: college tech

5 MUST-HAVE GADGETS FOR COLLEGE STUDENTS

You’ve already got your laptop, tablet and, of course, your smartphone. What more can you need for college? Check out our list of 5 super-convenient gadgets that every college student should know about.

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blog 5: Covid school

THE BACK TO SCHOOL GUIDE FOR THESE UNCONVENTIONAL TIMES 

Back-to-school season is traditionally marked by a run on discounted pencils, overcrowded malls and lots of nail-biting nerves about new teachers. But this year, the back-to-school season is entirely different. Forget the crowds and a race to find the hottest-selling backpack. This year, it’s all about the trendiest face masks and getting ready for a school year that promises to be unlike any other. And for a child, that can be more than a little frightening.

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blog 4: College books

6 WAYS TO SAVE ON YOUR COLLEGE TEXTBOOKS 

Purchasing every textbook you need for class can take a big bite out of your budget. We’re talking huge amounts here: According to the National Association of College Stores, the average college student spends upward of $80 on each new textbook and can sometimes drop as much as $175 on one volume. No worries though; you can get your hands on all the books you need for class while also keeping your budget intact!

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blog 1: tackle debt

AUTO loans: credit unions vs. banks 

Need a car but can’t pay cash? You have three choices: Borrow from the dealer or manufacturer’s financing company, borrow from a bank, or borrow from a credit union. Each method has advantages and disadvantages – but if you can qualify, the way to go is usually with a credit union.

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blog 1: tackle debt

Is It A Good Idea To Open A HELOC Now? 

If you’re looking for a large sum of money to use for a home improvement project, or the economic devastation of COVID-19 has left you in desperate need of cash, consider tapping into your home’s equity. One great way to do this is by opening a home equity line of credit, or a HELOC. Let’s take a closer look at HELOCs and why they can be an excellent option for cash-strapped homeowners in today’s financial climate.

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blog 1: tackle debt

What’s the Best Way to Tackle Debt? Snowball Method vs. Avalanche Method

Would you prefer an avalanche or a snowball? We’re talking about paying off your #debt! In the snowball method, you pay off the smallest debt first, then move to the next smallest, etc. The avalanche method works the same way, but you take the debts in order of highest interest rate. You’ll achieve quicker gratification with the snowball method, but the avalanche method can save you big bucks. If you’re confused, Island has online calculators that can help you decide which one to choose … and you can always switch methods as you go. Read more about this on our blog:

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