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NORTH DALLAS BANK & TRUST CO.
Embarking on the road to homeownership can be an overwhelming prospect for first-time homebuyers, especially when answers to questions like, “Am I financially ready to purchase a home?” and “How do I know what I can and cannot afford?” linger in homebuyers’ minds. The following five tips explain how to make purchasing your first home an exciting, well-thought out, and enjoyable experience.
While budgeting is recommended for all who wish to stay on top of their money and avoid overspending, it is especially important for those who do not know what number will appear on their next paycheck. Whether you have been balancing a fluctuating income for years or are experiencing a financial impact from COVID-19, there are five steps you can take to ensure that your spending habits are stable, even if your income is not.
Mary Pat Higgins and Tim Jordan join the 11-member NDBT board of directors.
With the global pandemic COVID-19 disrupting economies and jobs around the world, there has never been a more urgent time to assess the state of your emergency savings fund, or build one if you have not already. Emergency funds function like a shock absorber, easing the effects of whatever bumps life might throw at you. Whether or not your income has been impacted in the recent weeks, having emergency savings set aside is essential to preventing the accumulation of debt. Follow the four tips below to quickly build on an existing emergency fund or start a new one, and lessen or prevent the weight of financial burden.
Balancing a credit score is just that, a balancing act. Being aware of all of the factors that affect your credit score can lead you toward achieving the score of your dreams, but letting a payment slip through the cracks or closing an unused credit card can negatively affect your score in a significant way. Paying your bills on time is perhaps the most influential factor in increasing your credit score, but, like the best things in life, achieving great credit takes time. In addition to paying your bills on time, implement these 5 tips to fast-track your journey toward excellent credit.
Remember the saying, “if it ain’t broke, don’t fix it?” In an age where many industries are moving toward technology over people, thus, eliminating the need for human interaction, traditional banking methods have fallen by the wayside. Banking is a relationship that should be nurtured between individual and bank, rather than between an individual and their mobile device. These everyday-transactions mean more than just depositing checks and getting your hard-earned cash out of the bank -- it’s about personalized relationships that allow bankers to help customers’ ever-changing needs during every season of life.
As parents, most of our financial goals revolve around providing support and stability for our families. Of course, we all want our children to live comfortable lives, but it’s just as important to raise them to become financially stable adults when they leave the nest. Here are four tips to encourage your teenager to be money-wise before they head off to college.
Starting your own business is a challenge in itself, and this is especially true for younger professionals who may not be as established in their careers. In order to get your new venture off the ground, be proactive about building a strong financial strategy from the start. Here are some factors to consider before taking that next step.
By Allen Hudson, president of the Dallas Banking Center at North Dallas Bank & Trust Co.
Here are some simple and easy-to-follow tips from the Texas Bankers Association & Texas Department of Banking to help keep your online accounts secure.
North Dallas Bank & Trust Co. (NDBT), a 58-year-old community bank with five banking centers located throughout North Texas, surprised nine-year-old cancer patient, Sha’Khia, with her ultimate wish – to go on a vacation cruise with her family.
North Dallas Bank & Trust Co. (NDBT), has unveiled its revamped HomeStart program, a mortgage program designed to make home loans affordable for Dallas residents looking to become first-time homeowners.