Category: Saving for Your Future

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Are CDs Still a Good Investment?

Posted by FirstCapital Bank of Texas

Ready to kick off this new year—and decade—with a resolution to save more? If you’ve done your homework, you probably noticed that certificates of deposits (CDs) are consistently among the most debated ways to save. Some praise their security, while others are wary of their lack of flexibility. Who’s right? Let’s examine both schools of[…]  Read more

 
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10 Money-Saving Tips to Celebrate This Holiday Season

Posted by FirstCapital Bank of Texas

It’s the most wonderful time of the year—except, perhaps, for your wallet. In addition to festive music, bright decorations, and delicious food, the holidays usher in a time of increased spending. In fact, the 2019 Bankrate Holiday Gifting Survey found that 60 percent of Americans feel pressured to overspend on gifts, social events, travel, and[…]  Read more

 
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CD vs. Savings Account: Which Is Right for Your Future?

Posted by FirstCapital Bank of Texas

Are you among the 26 or 32 percent of Americans who, respectively, have less than $1,000 in savings or none at all? It’s never too late to start or grow your savings, but it’s important to do so in a way that will reap you the most financial rewards. Rather than hiding cash under your[…]  Read more

 
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Emergencies Happen: Are You Prepared?

Posted by FirstCapital Bank of Texas

Natural disasters. Disease outbreaks. Man-made emergencies. While there’s no way to expect the unexpected, you can take proactive steps to prepare for it. FirstCapital Bank of Texas cares about our neighbors and wants to help keep you as safe—and prepared—as possible. Get Your Financials in Order Emergencies, natural disasters, and other times of crisis can[…]  Read more

 
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Is Debt Consolidation a Good Fit for You?

Posted by FirstCapital Bank of Texas

Are you one of the 80 percent of Americans living with debt? There are a variety of  ways in which people find themselves in debt: While the most common form is mortgage debt, which accounts for 44 percent of debt for almost every generation, millennial debt is fairly evenly divided between student loans (41 percent),[…]  Read more

 
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The Benefits of a 24-Month Bump CD

Posted by Barrett Power

Have you ever made a purchase and then shortly after, you see the same item for a lower price?  Maybe you have waited to buy something because you thought the price would go down, and then you turn around and the price actually went up. You’re left wondering why you didn’t just make the purchase[…]  Read more

 
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Trying to Get Out of Debt? The Solution May be Right Under Your Nose!

Posted by Barrett Power

When people think of ways to get out of debt, they usually start with a plan to pay off large sums of their credit accounts. The problem with this is the fact that most people get into debt because they don’t have the money to pay for the things they buy or for unexpected expenses[…]  Read more

 
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New Year’s Resolution: Get Fiscally Fit

Posted by Barrett Power

 With a new year, everyone starts talking about New Year’s resolutions. The most common resolution, which is almost always mentioned, is getting healthy – lose weight, get fit, work out or something else to this extent. However, a great addition to these goals is to become financially fit. So while you are adding these[…]  Read more

 
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Decrease Stress by Separating Funds

Posted by Barrett Power

It is well known that to accomplish a goal, you need to set a plan and then execute your plan. Over the years, I’ve watched people start home renovation projects and then try to attain financing for the project once it had already begun. I’ve seen people go on vacations and then try to get[…]  Read more

 
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Owner-Carried Notes: What They Are & How They Can Be of Benefit

Posted by Brad Burgess

Many new business owners begin their new business by purchasing an existing enterprise or company from an existing small business owner. When starting a new business venture or trying to expand your existing business, the key is the level of capital (cash) that you will be required to raise to accomplish the new venture. Typically,[…]  Read more