Featured Articles
Knowledge is power.
That's true with any topic, but it's especially the case when it comes to saving and investing. At KEMBA, we want to ensure you have all the information needed to make responsible saving and investment decisions.
To make the most out of your money, review these helpful articles that discuss the dos and don’ts of saving and investing.
10 Steps in Your Ohio Homebuying Process
Buying your first home can be overwhelming. But if you break it down into simple steps, you can feel much more confident and focus on the excitement of the process rather than the stress of it. Here’s what you can expect when buying a home in Ohio.
College Planning and Saving Options
Two words to describe college tuition: very expensive. That’s why it’s important to start saving for higher education as soon as possible.
The average tuition bill has more than doubled over the past 20 years, making it more important than ever to start saving for college early on...
5 Steps to Prepare for Economic Uncertainty
Recent economic events, including two recent interest rate cuts by the Federal Reserve and a shaky stock market, have raised alarm bells that the U.S. economy may be slowing down after two years of solid economic growth. While the long-term impact of a recession is typically low, the impact on personal finances can be drastic.
Why Now Is a Great Time for Gen Z To Start Investing
Written by Alicia Otto
Currently, Gen Zers (born between 1997 and 2012) are on the cusp or in the middle of finishing their formal education and entering the workforce...
How to Get Out of Debt
It’s no secret—Americans really know how to get into debt. U.S. household debt climbed to $15.8 trillion in the first quarter of 2022. The numbers are even more staggering on a personal level. As of Fall 2021, the average family credit card debt totaled just over $6,000, whereas an average household with auto loans owes about $29,000.
How Much Home Can I Afford in Ohio?
When looking to buy a home in Ohio, you’ll need to figure out how much you can afford. Home affordability calculators can be helpful tools for understanding your potential monthly mortgage payment, but they don’t account for the other human factors like family planning and retirement.
Ohio Homebuyer Plus Savings Program
Buying a house in Central Ohio has become increasingly challenging in the last three years. The average median sale price of homes sold in Ohio has increased 20% since December 2020*, and the median days on the market dropped by 29%. That means the Ohio housing market is turning over faster and selling for significantly higher selling prices, which can make it challenging to find and pay for your new home.
Do I Need a Financial Advisor?
Everyone’s financial situation is unique, so while you may receive financial advice online or from a friend or family member – you will not get the customized and expert guidance that you will from a professional financial advisor.
Improving Your Home's Value
Your home is one of the biggest investments you’ll make in your lifetime. Learn how to improve the value of your home without burning through your cash reserves.
Protect Your Investments with 3 Sound Options
By most measures, the United States economy is perking along just fine. Nevertheless, many experts are seeing signs that indicate an economic downturn could begin as soon as 2019. The signs include new cash from tax cuts which are traditionally incompatible with a strong economy; trade wars—the stock market hates tariffs which can eat into...
Maximizing Your Tax Refund
As the tax season approaches, the anticipation of a tax refund presents a unique opportunity for Central Ohio residents. In 2023, the average refund reported by the IRS was $2,753, an amount that many Central Ohio households can use to improve their financial well-being. Instead of viewing a tax refund as a chance to purchase something big, consider it an opportunity to invest in your financial future.
How Businesses Use a Line-of-Credit
Businesses, just like consumers, have the ability to apply for and use credit. In fact, most businesses have some form of a business line of credit, whether that be a long-term loan or a business credit card.