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Making (and sticking to) a budget.

Posted September 9, 2020  |   Topics: Savings Tips, Wallet Wisdom

Four Steps to get You Started.

Making a budget can be intimidating. Sticking to it can feel impossible. But a budget simply tells your money where to go. So if you’ve ever uttered the phrase, “Where does all our money go?”, here are 4 steps — and a few tips — for making and sticking to a budget.

How to manage your debt and improve your DTI ratio

Posted June 23, 2020  |   Topics: Home Financing & Renovation, Wallet Wisdom

What is DTI ratio?

Before you can improve your DTI ratio, it helps to know what a DTI ratio is. DTI stands for debt-to-income. It’s a comparison of your monthly debt payments versus your monthly income. Your calculated DTI ratio is used to help lenders get an idea of how well you manage monthly expenses, which helps them determine if you’ll be able to repay a loan.