Save money for more fun with these vacation money saving tips!

Posted on Aug 6, 2015 in Featured, Managing Your Money, Money Tips, Peoples Bank News, Peoples Progress e-Newsletter | Comments Off on Save money for more fun with these vacation money saving tips!

Save money for more fun with these vacation money saving tips!

Most of us could use help finding a way to spend less on having family fun. Here’s a helpful roundup of the best vacation money saving tips we could find. For decades, families all over the world have done two things to help save money for vacation: set aside a little each month in a special account, and collect all their pocket change in a jar during the year. You would be surprised how much you can save in just a few months or a year. Another age-old technique is to round up a coupon book. The Visitors’ Center in most...

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Planning for Incapacity

Posted on Aug 6, 2015 in Featured, Investing, Peoples Bank News, Peoples Progress e-Newsletter | Comments Off on Planning for Incapacity

Planning for Incapacity

What would happen if you were mentally or physically unable to take care of yourself or your day-to-day affairs? You might not be able to make sound decisions about your health or finances. You could lose the ability to pay bills, write checks, make deposits, sell assets, or otherwise conduct your affairs. Unless you’re prepared, incapacity could devastate your family, exhaust your savings, and undermine your financial, tax, and estate planning strategies. Planning ahead can ensure that your health-care wishes will be carried out, and...

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Expect the unexpected—organize for a sudden death or disaster

Posted on Apr 30, 2015 in Peoples Progress e-Newsletter | Comments Off on Expect the unexpected—organize for a sudden death or disaster

Expect the unexpected—organize for a sudden death or disaster

Some people thrive in chaos. The more paper and bank statements strewn on tables, chairs and inbox trays the better. While that may be OK for you now, it is no way to leave your financial matters or estate papers to those who have to make sense out of it well enough to care for your needs should you become unexpectedly incapacitated. It is especially hard for loved ones who can’t see through the grief and pain of your loss to see how to endure and survive the sudden change. Expect the unexpected. Try to avoid adding trouble and frustration to...

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Social Security Claiming Strategies for Married Couples

Posted on Apr 30, 2015 in Investing, Peoples Progress e-Newsletter | Comments Off on Social Security Claiming Strategies for Married Couples

Social Security Claiming Strategies for Married Couples

Deciding when to begin receiving Social Security benefits is a major financial issue for anyone approaching retirement because the age at which you apply for benefits will affect the amount you’ll receive. If you’re married, this decision can be especially complicated because you and your spouse will need to plan together, taking into account the Social Security benefits you may each be entitled to. For example, married couples may qualify for retirement benefits based on their own earnings records, and/or for spousal benefits...

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