Category: Budgeting

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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7 Financial Goals to Make 2017 a Success

Timberwood Bank challenges you to make 2017 the year of financial prosperity. Complete with an emergency fund, sound credit, and a monthly budget, you can conquer any fiscal goal so long as you keep moving towards it. To optimize your money management potential, we recommend these seven goals: Check Your Credit Score. There are many

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Can You Really Save on Travel: True or False?

Checking numerous sites for the best deal can be labor-intensive, and potentially counterproductive. With many American travelers turning to vacation book sites and apps, Timberwood Bank is curious if they really save you money. After thorough research, we’ve discovered these four truths to successfully budgeting your next getaway: TRUE: Travel sites offer money-saving opportunities. FALSE:

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How a $1,403 Cup of Coffee is a Bargain

What do you dream of doing when you retire? Relaxing at home, traveling the world, or maybe a mix of both. Wherever your retirement takes you, you’ll want to be sure your savings can support your future lifestyle. Keep your dreams on track and follow this simple guide courtesy of Timberwood Bank. When you decide

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Teaching Your Children the Meaning of Giving

The holiday season is all about giving. Whether it’s through time, labor, or funds, philanthropy is the spirit of the season. This December, help your little one’s understand the power of giving with these four lessons, courtesy of Timberwood Bank: Help Yourself by Helping Others Did you know that every time you participate in “gift-giving

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5 Ways to Save on Your Home Energy Bill

The cold months are here, and so is the increase in your home’s energy usage. Before the days get too chilly, put these key steps in motion to save some serious pocket change on your next utility bill. Swap out your 40 watt bulbs for a more efficient LED bulb. While the lights themselves may

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Save $3,500 this Year by Removing These 6 Things

Saving money is no easy task! Only after dedication and determination, can you look successfully into your account to see the difference saving can make. At Timberwood Bank, we’re excited to help you achieve your financial goals, and we can’t wait to get started! If you’re looking to tuck some funds away for an emergency

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How to Create your Emergency Fund and When to Use It

Creating a structured savings plan is one thing that can set apart the financial dreamers from the financial doers! By setting strict guidelines to your goal, and ensuring the correct follow through with a backed up savings plan, you can be certain of your success in accomplishing your future achievement! One of the biggest obstacles

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