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From monthly archives: March 2019

We are pleased to present below all posts archived in 'March 2019'. If you still can't find what you are looking for, try using the search box.

Could You Be Losing $675 a Year (by not Going Green?)

Conservation efforts increase daily as we learn the environment needs our help. Those endeavors, however, go beyond recycling initiatives, energy efficiency, and the like; by preserving our planet, you can also preserve your own bank account. Being eco-friendly means being economically friendly which can save you significant amounts of money. Cutting down on waste can help with cutting down on wasteful spending habits. Living a sustainable lifestyle doesn’t have to mean replacing your car with a more fuel efficient one, but can start with smaller efforts around home and in your daily life that add up in a big way. Complete a Home Energy Audit (Potential savings: About $500/year) The average U.S. household spends at least $2,200 on utility and energy bills per year1 and much of that is spent on paying for heating and cooling costs2. Wasted energy can be improved from one of several home improvements, including energy efficient appliances, sealing windows/ducts/doors, adding insulation to your ...

Spring Cleaning Made Easier with a Home Equity Line of Credit

Spring comes with a sense of renewal and rejuvenation – and your home should be no different! Spring is the perfect time to get a head start on remodeling your deck, sprucing up the garden, or completing routine maintenance on your roof and windows to keep your biggest investment in tip-top shape. Whether you’re simply keeping your house in working order with various updates and repairs, or overhauling and replacing an HVAC unit or other large household fixtures, a Home Equity Line of Credit (HELOC) could provide some relief. What is a HELOC? A Home Equity Line of Credit is a line of revolving credit similar to a credit card, but this form of credit uses your home as collateral. Home Equity Lines of Credit are loans set up as a line of credit in which funds can be drawn when the borrower needs the money, rather than in a lump sum. Funds in a Home Equity Line of Credit can be accessed at any time, however, cannot exceed the amount originally set from the beginning. Because a HELOC is a revolv ...

Seven Ways to Make Your Tax Refund Count

More than 70 percent of the nation’s taxpayers received a tax refund averaging nearly $3,000 in 2018, according to the Internal Revenue Service, and it’s anticipated they will get a similar amount this year. As Americans receive their refunds, the American Bankers Association has highlighted seven tips to help them use the money wisely. “Prioritizing your tax refund to create an emergency fund and pay off debts first will help position you for financial comfort the rest of the year,” said Corey Carlisle, executive director of the ABA Foundation. “As those who have been affected by the federal government shutdown this year can attest, financial challenges can arise quickly and it's critical to have money set aside for those unexpected hardships.” Carlisle highlighted recent changes to the tax code as a reason for consumers to file their returns as early as possible this year. “There are a lot of new wrinkles to the tax code that may surprise people, so you ...

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