Beware, ‘tis the season

Posted on Dec 2, 2016 in Featured, In the News, Money Tips, Peoples Bank News |

The 2016 Holiday season is near. That time when marketers assault your financial discipline with the emotional equivalent of an Armored Military Division. Prepare now to protect both yourself and those you love with these helpful holiday spending tips for surviving the threat to your financial well-being. Knowing the risk is the first step The holidays are set apart from the norm with the music, decorations, smells and “holiday...

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Tips for Saving Money (even if you don’t have a lot)

Posted on Nov 10, 2016 in Featured, Money Tips, Peoples Progress e-Newsletter, Personal Financial Insights |

These days, with interest rates at historic lows, the good news is that loans are more affordable than when rates were higher. The bad news is that saving money to create wealth takes more thought and effort. Because of the Rule of 72, simply putting some money in a savings account used to be an effective strategy. Back when deposit interest rates were 4%, interest alone would double your initial deposit in just 18 years. Now, with rates near...

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Money Problems Got You Down? Channel that feeling.

Posted on May 12, 2015 in Managing Your Money, Money Tips, Peoples Bank News |

This time of year a lot of people are looking at their credit card statements and their bank balance, and wishing, “Oh if only I did a better job of managing my money!” And by “a lot of people” we mean just about everybody under the age of 50. We’ve all been there. Some have even solved the problem, and in the spirit of helping everybody manage their money better, Peoples Bank will post some tips and links in a new...

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Saving Starts Early: What Your Child Can Learn About Money

Posted on Jan 1, 2014 in Managing Your Money, Peoples Bank News |

Whether it’s a new video game, a plush puppy, or an ice cream cone, children’s wants usually don’t take money into account. But while being young means not having to worry about mortgages and grocery costs, this doesn’t mean they don’t need to know some financial basics. By teaching them some simple and easy to understand lessons about money, you can help your children to have a strong foundation in understanding...

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