There’s often a debate over which retirement fund you should choose: a Traditional or Roth IRA? As a millennial, there is a definite advantage to choosing one over the other. Continue reading “Why every millennial should have a Roth IRA”
Why every millennial should have a Roth IRA
4 things to check when hiring new employees
With the unemployment rate at an all-time low and more jobs available than qualified people, hiring managers are having a hard time filling open positions with qualified candidates. With the use of Applicant Tracking Systems (ATS), employers can use technology to weed through hundreds, sometimes thousands of applications to try to find the best candidates in the quickest and easiest way. Continue reading “4 things to check when hiring new employees”
Retirement Planning – I’m 50 and haven’t started yet!
If you’ve done any research about retirement planning, you know that it’s NEVER too early to start. In fact, starting to save during your college years is slowly becoming the norm! But what do you do when years turn into decades and you still haven’t started saving for your retirement? If you are in your 50’s and haven’t been able to build up the retirement fund, you’ll need to get started and fast. Here are some tips to help you out! Continue reading “Retirement Planning – I’m 50 and haven’t started yet!”
Saving for Retirement? Here are some pitfalls to avoid
When it comes to saving for your retirement, every penny counts. Regardless if you are just starting to save or in the home stretch to retiring, making the wrong financial decisions could have a big impact on your retirement goals. With social security no longer being a sustainable retirement option, it’s important to make sure that you set yourself up for the future. Continue reading “Saving for Retirement? Here are some pitfalls to avoid”
Why surveying your customers is smart business
Feedback is one of the most important things you can receive for your business. Without it, how would you know what your customers want, what they like, what they don’t like, and what you can improve on? Living in such a quantitative world – where everything can be measured- why wouldn’t we use the data gathered from our customers to improve how we interact with them? Continue reading “Why surveying your customers is smart business”
Why selling your home in the Winter may be a WIN!
If you’ve thought about selling your home recently but assumed that you missed the Home Hunting Season – think again. While in the past, the Winter may not have been the best time to sell your home, there are actually a few BIG reasons why selling your home in the Winter is a WIN! Continue reading “Why selling your home in the Winter may be a WIN!”
The 52 Week Money Challenge
If you are looking for a simple and easy way to save a few bucks, why not try the 52-week Money Challenge? If you haven’t heard of it before, here’s how it works. Every week you put away the same amount of money as the week of the year. So, week 1 you put away $1, week 2 you put away $2, week 26 is $26, and so on. At the end of the year, you will have saved $1,378. Continue reading “The 52 Week Money Challenge”
Starting a business? Here’s what you need to know
Starting your own business can be both an exciting and scary endeavor. Not only will you need passion and perseverance to weather the ups and downs, but you’ll need to be prepared well in advance of putting up that Open Sign if you want to make it in the long run. If you are thinking about starting your own business here’s what you need to know to get started. Continue reading “Starting a business? Here’s what you need to know”
Holiday Recipes From Our Table to Yours!
One of the best things about the holiday season is the traditional recipes that have been made year after year and passed down from generation to generation. Here are some of our family favorites here at Litchfield Bancorp. We hope you enjoy them as much as we do. Happy Holiday!
Homeowner’s Insurance 101 – What you need to know
Odds are that your home is the single most valuable investment that you own and the largest line item on your monthly budget. So, it only makes sense that you’d want to make sure it’s protected. What’s surprising is that many homeowners never think twice about their homeowner’s insurance policy, let alone read and understand it. They know how much it costs each year but probably couldn’t tell you what’s covered and the limits. BUT, knowing what is covered and what’s not can make all the difference when disaster strikes. Continue reading “Homeowner’s Insurance 101 – What you need to know”