Avoid These First-Time Homebuyer MistakesMarch 19, 2019

Avoid First-Time Homebuyer Mistakes Stock Image

Spring is officially here and with that comes the start of the home buying season! Buying a new home is an exciting experience, but it can be a nightmare if you make common first-time buyer mistakes. Not being informed on how a home purchase is conducted can lead to costly mistakes. The first error, many …

Spencer Savings Bank Helps Eva’s Village Prepare Clients For Job SuccessMarch 4, 2019

Eva's Village_Mock Job Fair

Spencer Savings Bank, a community bank headquartered in Elmwood Park, N.J., recently partnered up with Eva’s Village to empower, mentor and prepare Eva’s Village clients for job success. The Paterson-based nonprofit works to break the cycle of poverty and addiction through a unique and integrated approach. The volunteer-driven Workforce Development Program equips clients at Eva’s …

Helping Your College Student Build Good Credit HabitsFebruary 27, 2019

dollar sign and credit cards for fee-paying education on gray student desk background

There are so many things college students need to learn and one of the most important topics, actually used every day, is financial management. A big part of our adult lives revolves around finances and with that comes learning to handle credit responsibly. So much of our life is affected by credit. While some parents …

10 Smart Things to Do With Your Tax RefundFebruary 15, 2019

Tax refund concept with a road sign under blue sky

With tax season in full swing, there has never been a better time to get a head start on your finances. If you are one of the lucky taxpayers who will be getting a refund this year, you have two choices – you could waste the money on a one-time purchase, or you could put …

The Importance of Creating An Emergency FundJanuary 28, 2019

Rainy day fund savings. Jar with dollar bills.

America is currently facing the longest government shutdown in U.S. history and it is definitely highlighting the importance of emergency funds. As Americans across the nation watch the news coverage on television and hear the dire stories of federal workers struggling, one thing is clear – many federal employees do not have enough money saved …

Tips To Improve Your Credit Score in 2019January 17, 2019

Excellent Credit Score with man using a laptop

We’re off to the start of a brand new year! Make 2019 the year you finally get all your finances in order. Setting some time aside to plan how to increase your credit score will help greatly, especially if you are planning a major purchase of a car or a home this year. If you’re …