Tag: Save Money

It’s no secret that the money spent on school supplies can pile up fast. Research shows that parents tend to spend anywhere from $600-$1,000 per child on back-to-school supplies, especially when the kids start reaching high school or college. Spending that much money on school...

Save Money, school shopping

While it’s not a good idea to pursue any “get rich quick” scheme, there are some ways that you can quickly add more money to your pocket. The secret is to be cautious with your spending. This is obviously easier said than done, but it’s a way to “make” money without having to spend money. Follow your favorite one...

Save Money, save money fast

Is your current car on the fritz or have you been eyeing that shiny new Jeep you see parked at a dealership on your way to work? If you’ve been hesitant to buy a new vehicle because you’re worried about it costing too much, here are some ways you can get the car you’ve had your eye on while still saving money. Get Pre-Approved Before...

buy a car, Save Money

Making your way through the drive through every morning before 7:30 may give you a refreshing start to your day, but at what cost? The ideology that coffee shops and other retailers capitalize on is the notion that these small expenditures add a little excitement to your day without a hefty bill. However, when you enjoy perks like these on a daily basis,...

latte factor, Money Management, Personal Finance, Save Money, savings

Retirement is one of those unique financial goals where you can benefit by saving less earlier, compared to saving more at a later date. By maximizing on the most valuable element, time, you can ensure that even a little savings will go a long way. To help illustrate the capabilities of time, and the interest it compounds, Exchange Bank of Northeast...

Compound Interest, interest, investments, retirement, roi, Save Money, savings

Managing your money is a great skill to learn at any age. We agree with financial guru, Dave Ramsey, who famously said, “Personal finance is only 20% head knowledge. It’s 80% behavior!” While creating a budget is a great first step, the next way to better manage your finances is to decrease surplus spending in order to save more for...

budgeting, Personal Finance, Save Money, Spending, Waste Money

One of the most proactive ways you can protect your personal finances is to take advantage of tax beneficial accounts such as a 401(k) and/or an IRA. Though these accounts are typically tied to retirement savings, this is not always the case. At Exchange Bank of Northeast Missouri we want to help you make the most of your money by offering these two...

Accounts, budgeting, Personal Finance, Save Money, Tax, tax beneficial accounts, taxes

This year, make the leap into financial success with a savings plan you can be proud of. Using a variety of budget-friendly strategies, Exchange Bank of Northeast Missouri will show you how you can save $1,000 or more a month towards your next fiscal goal. Here’s how to get started:   Use a Budget ($150/month) - One of the most important...

budgeting, Personal Finance, Save, Save Money, savings

If the sound of savings makes your ears perk up, Exchange Bank of Northeast Missouri has the perfect New Year’s resolution for you! As a homeowner, you have a unique opportunity to lessen your debt while also building home equity.   As of October 2016, the median price for an existing home in the United States was $232,000. This being...

Home Ownership, mortgage, Personal Finance, Save Money