Financial Plan

Your financial plan

A financial plan goes beyond setting a monthly or annual budget. It’s about knowing how you’re going to save money as well as spend it to reach your goals over an extended period of time. How you manage your income and expenses will vary, but regardless of how the specifics change be sure your financial…

money talks

Financial literacy as your financial legacy

  When we talk about leaving a legacy, we usually think in concrete terms: money, property, or some other type of asset. However, sharing financial literacy and wisdom with the generations that follow us can make just as big of an impact as leaving a gift. Financial literacy has become a national topic in the past few…

rescovwc

A gift for Resurrection Covenant Church’s warming center

During the Lenten season, Covenant Trust Company raises money around the office for a Covenant ministry. Employees who make a donation can wear jeans to work on Fridays; we call this fundraiser “Levis for Lent,” and it’s been a fun and successful tradition at the office for the past several years. This year, AJ Gomez,…

Map-GPS

CTC tips: debt manager and net worth tracker

    Have you ever driven somewhere you’ve never been before? If you have, you likely used directions, a map, a GPS, or some other kind of tool to guide you to your destination. You probably didn’t get into your car, drive away, and simply hope for the best. Unfortunately, that’s how many of us approach our financial goals. We have…

Tax Refund dos donts

What are your plans for your tax refund?

  Although it may not always be ideal to have a large tax refund, it’s definitely better than owing the IRS. If you’re not sure how to spend it yet, check out Mint’s suggestions in their infographic, “When to Expect Your Tax Refund (and how to spend it!)” While it is tempting to go shopping after receiving a…