Allowance, when treated as an educational opportunity, gives your child hands-on experience in budgeting, saving, spending, and tracking their money. With these tactics, you and your child can make the most of their allowance while growing their financial literacy. Shy away from weekly allowance. A bi-weekly or monthly allowance better reflects a real-world payment schedule
As of 2015, the average American with credit card debt owes $15,762 – and that’s just credit. Auto loans, student loans, and mortgages add thousands of dollars and years of repayment to your personal finances. However, debt doesn’t have to be a life sentence. Once you and your partner have made the commitment to work
With warm weather approaching spring is the ideal time to shake off the dust and get your house back into shape! Get started on your next home renovation with a strategic Home Equity Line of Credit from Timberwood Bank. Our custom financing allows you withdraw only the funds you need along the course of your
With pockets full of dollar bills and a list of dream finds in hand, serious garage sale goers are perking up for the upcoming season. Become a pro deal-spotter by harnessing some of their top tricks of the trade! Check for warranties: Even if they’re dinged or damaged, goods by brands like Craftsman and Chaco
Technology is a constantly evolving medium, and we’re continuing to grow with it! At Timberwood Bank we offer a variety of digital tools for our customers. Take a look and discover a new way to manage your finances through our online technology! Online Banking: Conveniently access all your banking accounts through our secure online portal.
After tying the knot, finances can be a tricky subject, but they are an absolutely necessary discussion. As Dave Ramsey says, “If you can talk about money, you can talk about anything.” Getting your finances put together takes some decision making, but here are some basic guidelines to get you started courtesy of Timberwood Bank.
Shake off colder temps, for spring has sprung! Squeeze the most out of this blooming season with these warmer weather activities to help you unthaw: Declutter your closet. To make it more open and airy, purge your wardrobe of all the clothes you didn’t wear over the winter. Donate the castoffs and make room for
Sometimes there are stories so inspiring they give you chills, make you want to go out and accomplish something spectacular simply because you now know the impossible can occur. In the financial realm of 2016 we believe anything is possible, and if you dream it, we want to help you achieve it. So today if
A successful retirement plan involves extensive planning and lots of patience. Once accomplished however, you gain the benefit of watching your finances work for you! The average age of retirement is climbing. Currently averaging at age 62, reports speculate that the average retirement age may increase to 75 for recent graduates facing mountains of student
A spacious backyard with a white picket fence. A rustic plot in the country just outside of town. A four-bedroom beauty custom designed by you and your spouse. Whatever your vision, home ownership is a unique and fulfilling adventure! At Timberwood Bank, we offer a variety of mortgage options to help you finance your slice
