Buying your first home is so exciting. It can also be a little nerve wracking the first time around if you don’t have any guidance. Here’s what you should know about the home buying process before, so you aren’t shocked by the expenses that come along. The Appraisal An appraisal is when you have a
It’s finally house hunting season and you could not be more excited to get the ball rolling on your big purchase! Before you hit the road or the search bar, take these 7 tips into consideration. 1. Know Your Limits Before signing the papers or falling in love with the first home you see be
While budgeting for a fluctuating income can be difficult, Timberwood Bank is here to help offer a few strategies to lessen the madness. Finding a process to help soften the blow of the months where revenue drops is a perfect solution. Check out the following rules you should follow when living on an inconsistent income.
There’s always that house in town that makes you stare a little longer. It’s either landscaped so beautifully that you can’t help but take in their attention to detail or it’s so terribly neglected with tacky lawn ornaments you can’t help but gawk. We hope that you are the former but if you are looking
When is a financial emergency, truly an emergency? Establishing an emergency fund is an incredibly important part of your budget, but knowing when to use it is just as important. Ask yourself these three questions before dipping into the pot. Emergency Fund If you’re new to budgeting, we recommend having a $1,000 cushion to help
It’s that time of year when you’re likely to see ‘for sale’ signs on every block. Maybe you already have your eye on one and go out of your way to drive past it on your way home from work. Before you leap into purchasing a home, be sure to take these four steps before
Finding new and exciting ways to save can prove tricky. We’ve all heard of making a list before grocery shopping and sticking to it, as well as cutting cable and dropping unused gym memberships. Timberwood Bank has put together some tried, trusted and simple ways to save to get your financial game back on track!
Staying on top of your finances can prove challenging, especially when bills, debt, daily expenses and saving come into play. Finding your way to financial freedom takes time which is why Timberwood Bank has compiled a few steps you can take to improve your finances. Coupon Like Crazy Some people always pay full price for
If you’re fortunate, your parents may have taught you how to save your allowance or a certain percentage of each paycheck. However, if those skills weren’t taught to you or you just plain didn’t listen, we are here to help you at the beginning of your financial journey as an adult! Stay tuned for some
In a 2016 study, it was found that 43% of students do not track their spending while 58% said they do not save money every month. From that, it is shown that 7 out of 10 students are stressed out about their finances. It can be quite the adjustment for students to transition from high
