Category: Personal Savings

The 10 Best Things to Buy at the Farmers Market

One of the things we enjoy most during produce season is the delicious and money-saving weekend Farmer’s Market. Just about every community has their own local growers, and no matter where you are there’s sure to be some delicious baked goods as well. This season, our team at Timberwood Bank would like to share our

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Water Your Lawn & Your Wallet Too

If you’d like to grow your landscape and your finances this season, Timberwood Bank has the perfect tips for you! To jumpstart this warmer weather, we’re excited to share our top tips and tricks to maintaining a healthy lawn and garden without digging too deep into your budget: Seed your lawn early on. Get the

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How to Save $1,000,000 for Retirement

Retirement, 401(k), stocks and bonds, the subject matter of saving for the long term isn’t often as appealing as saving for the short term. Perhaps that’s why nearly three-quarters of Americans are underestimating how much they’ll need for retirement. The United States is on the brink, if not already in, a retirement crisis. However, at

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7 Items Worth the Splurge

When you make your savings plan, you often don’t think about the things you should spend extra money on. While scrimping on other items such as groceries or kids clothes could help you in the long run, there are some expenditures that could cost you in the future if you don’t pony up for the

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The Latte Factor 101

Making your way through the drive through every morning before 7:30 may give you a refreshing start to your day, but at what cost? The ideology that coffee shops and other retailers capitalize on is the notion that these small expenditures add a little excitement to your day without a hefty bill. However, when you

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Red Flags to Look for on Your Credit Score

Everyone and their brother seems to be sharing the importance of checking your credit score, but once you have the information, how do you actually know what it means? At Timberwood Bank, we want you to not only have the information about your personal finances but be able to understand and act upon it as

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Nature v. Nurture: The Psychology of Spending

If you’ve ever taken Psychology 101, you’ve probably heard the argument for nature v. nurture. In this multi-century discussion, psychologists have debated whether a person’s genetics or environment make a greater impact their personal behavior. At Timberwood Bank we’re excited to share our take on this timeless debate, and share how nature and nurture affect

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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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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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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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