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Three Ways to Get Your Holiday Shopping Done Without Draining Your Savings
/in Community Involvement, Finance, General Information, Household Finances, Value Added Services /by Lynn Berubeby Lynn Viesti Berube In an analysis from American Research Group, shoppers across America are planning to spend on average $882 on holiday shopping this year. Yet, in a survey from GoBankingRates, it was found that 62 percent of Americans have less than $1,000 in their savings accounts. The picture being painted here is that […]
Just in time for fall clean up – gather your unwanted items!
/in Community Involvement, General Information, Mortgage, Value Added Services /by Lynn Berubeby Lynn Viesti Berube The Milford Bank will host a Green Fair at its Main Office Campus on the Milford Green located at 33 Broad Street in Milford. The event will be held on Saturday, November 14th from 10:00 am until 4:00 pm. Two trucks will be on hand that day. One will accept unwanted […]
Are You Financially Ready for an Emergency?
/in Finance, General Information, Investment Services, Savings /by Lynn Berubeby Celeste Lohrenz By nature, personal finances are those monetary concerns that keep us, individually, up at night. We all adopt our own tactics and tricks to keep on top of our bills, rent/mortgage payments and other expenses, but some of us have more complicated assets than others and may need professional guidance from time […]
Three Ways to Save Energy This Fall
/in Community Involvement, General Information, Household Finances, Value Added Services /by Lynn Berubeby Lynn Viesti Berube With Labor Day in the rear view mirror, we’re now into fall and, with it, colder weather. After the winter Connecticut experienced in 2014, it’s safe to say that we’re all holding tightly to these last few days of warm weather. While you may not have turned on the furnace just […]
Three Things You Need to Know About Your Credit Score
/in Finance, General Information, Household Finances, Mortgage, Value Added Services /by Lynn Berubeby Trish Townsend If you have aspirations of one day owning a home, leasing a car or paying for college (either for you or your children) then you know the road to obtaining these goals leads directly through your credit score. Your credit score is the numerical evaluation of your lending history, and it is […]
Three Tools for Teaching Cent$ible Kid$ Personal Finance
/in Community Involvement, Finance, General Information, Learning Center, Mortgage, Value Added Services /by Lynn Berubeby Becky Tudor Americans today are having a difficult time saving money for the future. In fact, the independent research firm NextAdvisor recently found that nearly one in every four Americans has no savings at all. With recent history showing how unstable economies can become, parents today would be well-advised to educate their children about […]
Today’s Youth Grade Themselves ‘C’ or Below When It Comes to Managing Finances
/in Finance, General Information, Learning Center, Value Added Services /by Lynn Berubeby Cortney Meng Despite the fact that today’s youth have grown up in the era of mobile banking, digital wallets and financial services platforms—from Venmo to Splitwise—a number of millennials feel ill-equipped to handle their finances. In fact, according to a survey of 1,640 college students, as part of U.S. Bank’s 2015 U.S. Bank Students […]
How to Save on Back to School Supplies
/in Finance, General Information, Household Finances, Savings, Value Added Services /by Lynn Berubeby Lynn Viesti Berube It’s officially August, and that means parents are getting their kids ready for the new school year. And while the first bell is rapidly approaching, there is still one last obstacle for many people to overcome before students are back in the classroom… back to school shopping. Anyone sending their kids […]
Five Ways to Grow Your Savings Accounts
/in Finance, General Information, Household Finances, Savings /by Lynn Berubeby Becky Tudor We get it… allocating a set amount of your income each month for your savings accounts may seem all but impossible. But it’s important to put money aside for a rainy day; you never know when emergencies (or even retirement) will creep up. Here are five suggestions to help you save money: […]
Three Tools for Teaching Cent$ible Kid$ Personal Finance
/in Finance, General Information, Savings, Value Added Services /by Lynn Berubeby Pam Reiss Americans today are having a difficult time saving money for the future. In fact, the independent research firm NextAdvisor recently found that nearly one in every four Americans has no savings at all. With recent history showing how unstable economies can become, parents today would be well-advised to educate their children about […]