What’s better than Fall in New England? Bring the family to any (or all) of these community events to make the transition from summer to fall a celebration. Be sure to say hello to the Belmont Savings Bank teams at each event for prizes, giveaways, and more! Faire on the Square Saturday, September 23rd * … Read the Rest »
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 Money… Read the Rest »
Bob Mahoney, President and CEO of Belmont Savings Bank, discusses his rule for buying cars. See more Mahoney Money Minutes here.
When your personal finances teeter on the brink, your first instinct might be to do something drastic. Freeze your credit cards in a block of ice. Vow to never eat out again. Forgo your Netflix subscription. These tactics may help, but financial experts say paying off debt requires a more comprehensive plan. One common strategy… Read the Rest »
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 their… Read the Rest »
Bob Mahoney, President and CEO of Belmont Savings Bank, discusses when to have an internship.
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 in… Read the Rest »
Summertime brings more than sunburns and barbecues — it can also send your monthly expenses through the roof. But with a little work now, you can enjoy the hot season and avoid pinching pennies in the fall. “Ideally, one saves a little bit of money in each of the cooler months and then spends down… Read the Rest »
Bob Mahoney, President and CEO of Belmont Savings Bank, discusses his opinion on when to use a travel agent.
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 a… Read the Rest »