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 you… Read the Rest »
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. You… Read the Rest »
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 future… Read the Rest »
Bob Mahoney, President and CEO of Belmont Savings Bank, discusses his opinion on the mortgage rate market.
Certificates of deposit, or CDs, are not the most exciting investments, but they are among the safest. They make perfect sense for the risk-averse or for people just looking to park some cash over a specific period of time. The ABCs of CDs CDs differ from traditional savings accounts in that you are committing to… Read the Rest »
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 you… Read the Rest »
Bob Mahoney, President and CEO of Belmont Savings Bank, discusses his opinion on the future of interest rates.
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 best… Read the Rest »
Now that spring has blossomed into full-on allergy mode, the time we spend outside is even more appreciated — especially with the help of a good antihistamine. The next time you venture out, take a moment to do a walk-around inspection of the old homestead. See some room for improvements? Maintaining, repairing and upgrading a… Read the Rest »
April 17, 2017 by Kat Tretina There’s no doubt that college is expensive. In fact, the average cost per credit hour is $594, according to a new Student Loan Hero study on the cost of a college credit. For a typical four-year program, students will spend $71,335 on average. If you have to take out… Read the Rest »