So you’ve spent the time creating your budget (or plan to create your budget soon, learn how to here), but now you need to actually stick to it so you can take control of your finances! First, let me congratulate you on creating your budget – that took a lot of time and thoughtfulness. But now comes the real work – sticking to the budget. After all, you won’t reach your financial goals if you can’t stick to them. It takes work and determination. You CAN do it, and these tips will help you stay on track.Continue reading “Tips to Help You Actually Stick to Your Budget”
Can you really save money by growing your own fruits and vegetables? Yes, of course you can if you plant your garden and grow the right things. In fact, an average plot provides an estimated 300 pounds of fresh produce worth $600, according to a study by the National Gardening Association (NGA). That estimate is based on an average gardener’s investment of $70 – so $530 is a pretty nice return!Continue reading “How to Make the Most of Your Garden to Save Money”
After over a year of cancelled vacations and staying home, many people are anxious to get back to going places and doing things. Those activity costs can add up, especially if you have a large family. Don’t worry about having to drain your savings or 401K (BTW, we don’t recommend doing that!), there are plenty of ways to get out and enjoy doing things together that are budget friendly.Continue reading “Fun and Budget Friendly Activities to do as a Couple or a Family”
There are few calls that elicit as much dread and frustration as a debt collector. Yes, even more than those extended car warranty calls! While it’s probably not a number saved in your phone, you know who the number belongs to. Each time it calls you get that sickly feeling – fear, shame, anxiety, anger, and annoyance. We’ve all been there at some point, for one reason or another, and besides calling constantly, you may or may not be aware that there are some rules that debt collectors do have to follow.Continue reading “Debt Collectors – What They Can and Can’t Do”
One of the most common ways to invest in your business is by applying for a business loan. Whether it’s to buy new equipment, purchase inventory, or upgrade software and systems – a business loan can give you some financial stability and an opportunity for growth and expansion. The loan process can be a bit overwhelming if you’ve never applied for a loan before or if your paperwork isn’t organized.Continue reading “6 Essential Documents You’ll Need When Applying for a Business Loan”
Spring cleaning season is here – and everything in your house is fair game. If you are like many people, your purges fall into two piles – trash/recycle or donate. While you might have the best of intentions with you decluttering donations, your local thrift store may not actually want everything that you are eager to get rid of.Continue reading “Decluttering? Items You Shouldn’t Put in the Donate Pile”
It doesn’t matter if you are a renter, homeowner, or even still living at home with your parents, it’s safe bet to assume that you care about protecting the environment, and also saving money because who doesn’t want to save money? Here are some simple tips to protect or improve your home, while also saving you some green!Continue reading “Green Ways to Improve Your Home and Save Some Money”
All checking accounts are not the same, especially when it comes to choosing the right account for your young adult. Banks like Litchfield Bancorp – A Division of Northwest Community Bank have a student checking account specially designed to meet your child’s needs.
So what sets a student checking account apart from a traditional checking account?Continue reading “What is a Student Checking Account and Why Does Your Child Need One?”
The world of health insurance can be VERY confusing, especially if you are given the option of choosing between different plans. If you have the option of choosing between an HSA and FSA – both are tax-advantaged accounts – it’s important to understand the difference between the two.
What are HSAs and FSAs? Both are tools that can help you save for health care costs and also take advantage of tax benefits.Continue reading “HSA vs. FSA: What’s the Difference?”
If your teenagers are like many, they probably think they already know the ins and outs of just about everything including money and credit. They are yearning for their first debit and/or credit card, thinking about buying their first car and also looking at college and the dollars associated with a 4-year degree.Continue reading “Teaching Your Teens about Credit”