Financial responsibility starts in the home. If it’s not something you were taught as a child, it can be difficult to model it in the home as an adult. The good news is, it’s not too late to start! Here’s what you need to know to kick your household into gear. Do It Together The
The new year is full of hope and imagination for the future. It can be challenging for anyone to stick with these goals, especially financial ones. We’re happy to tell you that there is a way to make these goals a reality by sticking to these wise practices. Be Realistic In order to make your
Are you kicking yourself for how you handled last year’s taxes? You can feel better about next year by learning a little bit about tax savings now. Consider Donations Not only is donating to charity a great way to give back to the community, but it is also a smart way to have a tax
It’s never too early to save for college. Some parents start college funds even before their kids are born. If you have yet to jump on the savings train, it’s not too late to get serious about saving while in high school. The average cost of in-state tuition is around $10,000. Every dollar that you
While it’s not a good idea to go after any “get rich quick” schemes, there are some ways that you can quickly get more money than you have had on a typical month. The secret is to be cautious with your spending. This is obviously easier said than done, but it’s a way to “make”
Extreme amounts of debt can weigh heavy on your shoulders. It has been found that extreme amounts of debt are linked to higher rates of suicide and depression. This is why it’s so important to have an understanding of good debt vs. bad debt and how you can go about paying back your debt efficiently.
Maybe you are already off to a good start when it comes to saving for retirement, but there may be some ways in which you can amp it up. If you could boost your retirement savings even by a little now, it can pay off big time later! Here’s how: Step Up the 401(k) Most
Even if you don’t want to admit it, you’re an adult. Some parts of adulthood are fun and exciting, while others are not. Part of being an adult is to become financially independent and embrace some of the less adventurous tasks. We’re here today to help give you four simple ways you can make adulting
As your family grows, so will your budget – but where do you even begin when trying to make one? With all the demands of taking care of your family, it may be hard to find time to make a budget…and stick to it. However, you’ll be ecstatic once you start seeing your hard work
With just a little work, you can map out your financial goals for the upcoming year. With money, it can seem overwhelming or tricky to know where to begin. Luckily, Timberwood Bank is here to help! We’ve come up with some of our favorite ways you can create your money goal for 2020. Figure Out
