Archive - July 2021

Congratulations on your engagement and wedding! Whether you are recently engaged or have already tied the knot, talking about finances is extremely important in order to set you both up for success. Exchange Bank of Northeast Missouri wants to offer a married couple’s guide to finances, so you can live happily ever after.  How will bills be split?  There are many day-to-day and monthly expenses that arise. You’ll want to talk about how these will be shared so both Read More

The housing market is ideal for both buyers and sellers at this time of year. Things are moving quickly so in order to sell your home fast, you need to be ready to move and groove! We’ve created this blog with tips and helpful advice on how you can sell your home fast.  Choose FSBO or Realtor  Choose if you will be selling the home yourself (for sale by owner) or if you will be using a realtor. The realtor knows the process and can get things rolling – they Read More

With bills, insurance, monthly expenses, retirement and more, how is there anything left to save? And if there is any money left, what do you save for and how much should you be putting away? We’re here to help answer these questions! Here is how much you should save every month.  50/30/20 Rule  You may see a lot of recommendations for saving 20% of your income every month. According to the popular 50/30/20 rule, you should reserve 50% of your budget for essentials like food Read More

If you can’t seem to get a handle on your finances, it may be time to reevaluate your spending and learn to budget. Budgeting is essential for those looking to be financially successful. You need to know where your money is going and make sure that it makes sense. Here are our tips on how to take control of your finances with a budget.  Look at your overall monthly expenses.  You will want to review what you are spending money on each month. Add up your Read More