Category: Budgeting

How to Save for Retirement

retirement

Bankrate estimates that half of the American population won’t be able to maintain their standard of living once they stop working. While your current bills and loans seem like a top priority, we also don’t want you to forget about what the future holds. It’s important to keep paying off your debt, however, Timberwood Bank

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Holiday Hacks for Saving Money

holiday

Shopping for the holiday season can get pretty expensive – especially with gifts for the whole family and hosting traditional holiday parties. Luckily, this holiday season we are offering you 5 top-notch money saving hacks so you save more than you spend! Be a Thrift Store Champ – When you shop at thrift stores, you

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5 Fun Money Challenges to Try

challenge

Finding different ways to save can be tough, however, we want to encourage you to stay on track and jumpstart your finances. With these fun money challenges, you can push yourself to become the savvy saver we know you can be!   52 Week Face Off Instead of changing your spending habits overnight, try this challenge.

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Ways You Can Teach Your Kindergartner About Finances

kindergartner

Finding ways to make money fun can be difficult when working with your little one. However, starting money management off right when they’re small is a must! Use these tips and tricks to teach your kid to be a successful money master. Utilize Clear Jars Use a clear jar to allow your child to see

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7 Ways You Can Give To Charity Without Breaking Your Budget

charity

Generosity is a great quality to have, especially if you have children watching your every move. Lead by example when it comes to your friends or family by giving back – even if you don’t have the funds to do so! Timberwood Bank offers a few ways you can be charitable without breaking your budget.

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How to Save for A House Down Payment

home

If you’re looking to buy a house, having a larger down payment will offer you a lot less financial stress in the long run. However, in order to put a larger sum of money down, you will need to take the right steps to save. Follow these 5 steps and you will be on your

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Money Management for Middle Schoolers

middle school

It is never too early to start teaching your children about money management. Research has shown that there has been a decrease in understanding finances and how to manage money in America’s youth. Teaching your children how to manage their money leads them to becoming financially responsible adults. Below are 5 money management tips you

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Effective Old School Savings Tips

old school

It’s not surprising to hear that your grandparents and parents were frugal when it comes to money. However, that leads us to ask, “How did they get so good at saving?” We’ve gone and found some of the best old school savings methods that are still guaranteed to help you with your funds. Enjoy! Patience

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Jumpstarting Your Child’s Tuition Savings: How Much to Save

tuition

You only want the best for your child – but how much is the best? Figuring out the amount of money to begin putting away for your child’s tuition can be tough. Yes, they will be able to contribute, but it doesn’t hurt to help your baby get the educational future they deserve. That’s why

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