With the holidays upon us, shopping for loved ones has already started. Holiday spending, this year, is expected to rise 5%. This will amount to more than $1.1 trillion during the retail sector’s most lucrative and important season. Around 53% of all holiday shopping is expected to be done digitally, with 20% of purchases expected …
Your mobile device provides convenient access to your email, bank and social media accounts. Unfortunately, it can potentially provide the same convenient access for criminals. Spencer recommends following these tips to keep your information – and your money – safe. Use the passcode lock on your smartphone and other devices. This will make it more …
Every year, millions of consumers fall victim to cybercrime. According to the 2018 Norton Cyber Security Insights Report, 152 million U.S. consumers were victims of cybercrime – more than half of the country’s adult online population – with losses totaling over $11.5 billion. Spencer Savings Bank recommends the following tips to help keep your information …
From the smallest convenience store to the biggest factory, every business has one thing in common: without a steady stream of happy satisfied customers, no business can survive for long. If you want to build a great brand and grow your business, you need to focus on the needs of your customers. But determining what …
Financial planning can seem like a complicated, and sometimes intimidating subject. Many people think that financial planning is just for the wealthy, or that financial planners are reluctant to work with those of lesser means. While this is true of some financial planners, it is far from the norm. The fact is that financial planning …
If you longed to get away this summer but simply couldn’t afford it, you are not alone. The price of travel has risen sharply in recent years with higher airfares, more expensive hotel rooms and increased prices for fuel and ground transportation. However, there are still plenty of ways to save money no matter what …
August is National Back To School month. A time when summer starts to wind down and parents, teachers, schools and students get ready for a season of education. Many parents will be sending their children off to college. As you know, college students often live on a tight budget. Take these last few weeks to …
If you feel like you are struggling with debt, you’re not alone. You have likely heard that you should try to consolidate your debt. Debt consolidation is a financial strategy that merges multiple bills into a single debt to reduce interest payments and save you money. The option that best suits your needs will depend …
In July we celebrate our nation’s independence. Independence is a great thing to celebrate and fight for. This month, we examine how financial independence can be something you declare! The secret to financial freedom is sound wealth creation strategies: maximizing your assets, decreasing your liabilities, and making your main priority to get debt free. Your …
As a real estate investor, a vacant property means you’re losing money. But the downtime between tenants can serve a valuable purpose. If you use it to keep your property in top condition, you’ll find new tenants more quickly and therefore keep your vacancy losses to a minimum. Here are seven things that should be …