Category Archives: How can we help you?
Refinancing at Belmont Savings Bank
September 14, 2017

Hear what Bob Mahoney, President and CEO of Belmont Savings Bank, has to say about the Equifax Data Breach and what you should do to protect yourself. Helpful Links and Phone Numbers: Equifax website: www.equifaxsecurity2017.com Free Credit Report: www.annualcreditreport.com Experian Phone Number: 1-888-397-3742 TransUnion Phone Number: 1-888-909-8872 Equifax Phone Number: 1-800-349-9960 Watch more Mahoney MoneyRead the Rest »

August 21, 2017

Your adult child has finished school and is now starting a new life — at home. According to a Pew Research Center survey, over half of parents in the U.S. with adult children say they helped their adult kids financially in the previous year. Some of that help came in the form of letting theirRead the Rest »

August 14, 2017

Making the decision to become a homeowner is emotionally and financially complex. Here are some key things to ask yourself if you’re considering whether buying is right for you. Do you have a good reason to buy? Sometimes switching from renting to buying is a no-brainer.  Maybe you live in a modern one-bedroom apartment inRead the Rest »

July 17, 2017

You created an emergency fund, and built it up so it covers three months of living expenses. You paid off your high-interest debt. You funnel 15% of your income to retirement. That’s good work. But, um — now what? Push yourself beyond basic savings goals by taking on these steps. Check your budget If you used aRead the Rest »

July 10, 2017

Whether you’re dreaming of an hour-long massage or lazy days lounging under the summer sun, you’ll want to budget wisely for your staycation. After all, you’ve worked hard for this well-deserved treat, and the last thing you want is for your savings account to plummet just when you’ve begun to relax. (Overspending can also tank your credit if youRead the Rest »

July 3, 2017

Summer’s almost here, and with it will come rising electric bills as you fight to keep your home cool and take refuge from the sweltering heat. Luckily, there are many ways to fight astronomical air conditioning costs — here are 11. Upgrade Your Windows If your home has old windows, they might not be energy efficient. YouRead the Rest »

June 26, 2017

More than 70 percent of college graduates began their career owing more than $37,000 in student loans in 2016. Considering this debt load and other living expenses that lead young adults to delay major life events like getting married or buying a home, it’s critical for new college graduates to focus on their financial futureRead the Rest »

May 22, 2017

When you take out a second mortgage, a name for a home equity line of credit, you’re offering your house as collateral to secure another loan. The upside: You can gain access to up to 85% of your home’s value, minus your current mortgage balance and adjusted based on your creditworthiness. The downside? If youRead the Rest »

May 16, 2017

Bob Mahoney, President and CEO of Belmont Savings Bank, discusses his opinion on the future of interest rates.

May 15, 2017

With school letting out and sultry summer days ahead, it’s time to start thinking vacation. Because it’s a supply-and-demand world, you’ll likely be up against higher airfare, hotel costs and car rental rates. But here are some tips to help keep things affordable. If by air … If you plan to fly domestically, your bestRead the Rest »