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The Bank of New Glarus News

Financial Tips for College Students

Financial Tips for College Students With college move-in days right around the corner, students living away from home for the first time may need to brush up on some financial dos and don’ts as they prepare for the college experience. Here are some basic reminders on how to avoid financial pitfalls during the transition from high school to college. Create … Continue reading

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Tips for Back to School Savings

Tips for Back to School Savings Summer may be in full swing, but fall will be here before you know it. That means back to school shopping is on its way. Have you budgeted for school supplies and new clothes yet? The average family will spend an estimated $673 on back to school expenses, according to a recent survey from … Continue reading

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Tips to Save Money at Home this Summer

When the temperature goes up, so do energy bills, water bills and a host of other home-related costs. Here are a few tips on how to stretch your household budget this summer and still stay cool. Use ceiling fans. Overhead fans get air circulating, which means you might be able to delay turning on the air conditioning-especially if you can … Continue reading

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5 Simple Ways to Improve Your Credit

Having a tidy credit report and a high credit score will make your life easier. How? The higher your credit score, the lower your interest rates will be, so you’ll save money on loans. And you want your credit report to be as clean as possible for potential employers, landlords, even your insurance company. Your credit score is a snapshot … Continue reading

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Start Off on the Right Foot: Early Financial Mistakes to Avoid

Over the next two months, many young adults will graduate from college or a technical school with hopes of entering the workforce soon afterward. Once they do, it will be the first time many of them enjoy a regular paycheck. Here are a few mistakes to avoid when income starts rolling in: Not saving for retirement This one mistake can … Continue reading

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Budgeting for Homebuying

The Federal Reserve may have raised interest rates slightly, but mortgage rates are still near historic lows. It’s still a great time to buy if you’ve been considering a new home! But how much house can you really afford? This is a difficult question, particularly for first-time homebuyers. Here are a few important points to consider when setting your house-hunting … Continue reading

Posted in Buying a Home, Consumer Tips |

Shopping Tips for Loans and Credit Cards

Many people searching for a new loan or credit card may not be in the best position to get the right product for their needs and at the lowest possible cost. The latest FDIC Consumer News features tips on how to be better informed and better prepared before applying for credit while avoiding costly mistakes. The Fall 2015 edition also features simple banking strategies … Continue reading

Posted in Consumer Tips |

Avoid Holiday Season Scams with These Essential Tips

Now that Black Friday has come and gone, the holiday shopping season is in full swing. As millions of shoppers are making their lists and checking them twice, so are criminals looking to take advantage of the holiday rush, preying on consumers who are looking to score a deal and avoid the stress of waiting until the last minute to … Continue reading

Posted in Consumer Tips |

Give Your Retirement Savings Plan a Check-Up

You opened an IRA or 401k account shortly after joining the workforce. You’ve contributed regularly, a percentage of every paycheck going toward that nest egg… but you haven’t touched it since. Saving for retirement is not a “set it and forget it” endeavor. It is a process that requires periodic re-evaluation and adjustments. Here are a few questions to consider … Continue reading

Posted in Retirement |

Keep Your Information Safe Online

There’s no question that the Internet makes life easier in many ways. Shopping, communicating and storing information are just a few of the ways we all use the web. However, it also comes with risks. To keep your financial information safe online, follow these tips: Avoid using public Wi-Fi to Buy If you frequently shop online, keep in mind that … Continue reading

Posted in Online Security |