Household Finances

Three Things You’ll Appreciate When You Walk Into The Milford Bank

December 5, 2014
Lynn Berube
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By Lynda Mason Have you ever gone to a bank where, when you walked in, you’d experience an icy sensation from the stuffy environment; you were likely afraid to touch anything or even make a noise? Many of us have been in that kind of bank, too. And that’s why…

November 28, 2014
Lynn Berube
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by Cortney Meng Though we always know when the holiday season falls, it seems as though it approaches faster and faster every year. And with the holidays come a seemingly never-ending list of expenses that includes presents, plane tickets and fancy dinners. With a finite amount of cash on hand…

October 29, 2014
Lynn Berube
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By Bob Russo The scam usually goes something like this: You receive a phone call from someone claiming to be your grandchild. Or perhaps the caller is claiming to be someone contacting you on your grandchild’s behalf— like a police officer, for example, who says he/she has just arrested your…

October 9, 2014
Lynn Berube
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by Celeste Lohrenz How do you prefer to do your banking? According to a recent survey by the American Bankers Association, most Americans (31 percent) prefer to do their banking online. Surprisingly, that represents an 8 percent decrease from 2013. Additionally, this year, more customers prefer doing their banking at…

August 14, 2014
Lynn Berube
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By Pam Reiss How big is your wallet? It might be quite large due to the amount of plastic it holds. Believe it or not, 78 percent of Americans carry $50 of cash or less on them at any given time. That’s because these days, virtually anything can be purchased…

August 6, 2014
Lynn Berube
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By Paul Mulligan You are eyeing a 15-year fixed mortgage rate of 3.125 percent. But next to the mortgage rate there is another number that says 3.17 percent annual percentage rate (APR). So what’s the difference between the two numbers, and how does it affect you? Your mortgage rate is…

August 1, 2014
Lynn Berube
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By Celeste Lohrenz Separating from a spouse is not an easy time. Still, important decisions need to be made related to your finances. Following a separation, you should figure out how to live on your own income. You also should learn about what is going to become of your retirement…

July 30, 2014
Lynn Berube
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By Bob Russo If you had all the money in the world, what would you choose to do for work? That’s the question we’re supposed to ask ourselves to identify what we’d prefer to do for a living. Maybe your response to that question indicates that you’d like to become…

July 24, 2014
Lynn Berube
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by Patty Gallagher Do you know how much money you would amass if you paid off all of your debts and sold all of your assets? That number is referred to as your net worth. While we would all like our net worth numbers to be near those of Warren…

July 16, 2014
Lynn Berube
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By Lynda Mason Today’s difficult economic climate has affected many individual’s finances. And it certainly doesn’t help that the prices of everything—from gasoline (did you know gas costs consumers 5 percent more this year than last year at this time?!) to electricity to food—seem to be increasing. At The Milford…

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