10 Steps to Opening Your Own Business

Creating the foundation of your next enterprise can be a challenging process. For everything from ideas to permits, it takes a lot to get a new business up and running. At Timberwood Bank we would like to help you make your dream a reality, and offer these ten steps to opening your avant-garde operation: Write

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How to Shave Thousands of Dollars off Your Mortgage

Congratulations on purchasing your home. You are now privileged to enjoy the thrills of home repair, maintenance, and occasional renovation. Depending on your mortgage structure, you may be paying off your home for up to thirty years. Luckily Timberwood Bank has some tips and tricks to help you reduce your repayment time. Using these three

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Fix-Up Your Budget

HGTV’s latest hit show, Fixer Upper, has fans and home buyers looking for new ways to save and restore old homes. While Chip and Joanna have become experts in home renovation, they’re not too shabby when it comes to finances either. Using their home building skills and our banking knowledge we offer these top tips

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How to Save for Retirement at Every Age

How much do you need to retire? Will you continue working after age 65? Do you want to travel during your retirement? These are just a handful of questions that are important for retirement preparation. Unlike saving for a home or new vehicle, saving for retirement requires long-term commitment and goal oriented benchmarks. At Timberwood

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How to Plan Spring Break on a Budget

Spring break is a magical time of the year when school is out, the beaches are calling, and wanderlust seems to finally hit at full force. Before you jet-set to your next destinations, make sure you’ve saved enough to enjoy this vacation, without the addition of debt. To help cut the costs, but not the fun,

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6 Steps to Scoring Your Savings Goal

Do your savings goals make you feel frozen? Get back on the ice this season, and let Timberwood Bank help you win your personal financial game. We’ll show you how to keep pushing forward with these strategic hockey tactics: Find the 5-hole. One of the first and most important ways to save is to keep

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The Best Financial Quotes and How to Use Them

There are endless famous quotes amongst Facebook newsfeeds and Reddit threads, however, time and time again people seem to hold fast to their favored stand-bys. For topics ranging on everything from love to education, the wise words of others seem to implement a perspective in our lives that could be left vacant otherwise. To help

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5 Financially Savvy Ways to Use Your Tax Refund

Getting your taxes done early not only takes one more thing off your to-do list but further allows you to start planning for the future. Working with your tax professional, determine how much your family may receive this year from a tax refund. No matter the amount, we recommend putting it towards your financial goals

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The Cost of Kids: How to Plan for Your Growing Family

At Timberwood Bank, we understand that adding to your family may not only be an emotional decision but a financial one as well. With the growing costs of childcare alone, it’s important to have a well-rounded plan for covering the expenses of your expanding household. In order to plan most effectively, we recommend structuring your

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The Best Deal for Your Drive

Purchasing a new vehicle is an exciting milestone in your personal finances. Filled with countless decisions, finding the perfect price can at times feel like an uphill battle. Luckily Timberwood Bank is here to help you find the ideal drive while staying between the lines of your budget. If you’re looking for a used vehicle:

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