First Time Home Buyer Guide
Buying your first home is an exciting milestone. You might be wondering what initial steps you need to take before beginning your search. Who do you need to meet with and what kind of information will they be looking for? Taking these first steps to buying a home will help get your search off to
Teaching Kids about Giving Back
This Financial Literacy Month, Union Savings Bank has covered tips and advice for teaching the kids in our lives about the value of hard work, saving money earned from a job well done and how to budget for everything from toys to college tuition. For the remainder of Financial Literacy Month, we will discuss the
Budgeting for kids
Have you ever heard the saying, “Money burns a hole in your pocket?” Think back to the first time you received an allowance or got your first paycheck from a summer job. How quickly did you spend it? Without a plan or kids budget set in place, spending that money right away seems like the
Smart Saving for Kids of All Ages
Once children begin to understand money and how to earn it through hard work, it’s time to teach them how to start saving what they earn over time. In this week’s FutureTrack for Kids discussion, we’ll share success stories on saving for kids, learn how to illustrate the impact of child saving plans and explore
The Value of Hard Work and Finance for Kids
As we launch into the first week of Financial Literacy Month, Union Savings Bank is introducing a new blog series to celebrate the opportunities and tackle the challenges involved in teaching finance for kids. From the merits of hard work to the importance of giving back, FutureTrack for Kids will cover tips and ideas to
Make Your Home Work Harder for You
If home values have risen in your neck of the Nutmeg state and you’ve built up equity in your house or condo, you may be tempted to take value out of your home to fund a renovation or other purchases you’ve been considering. A home equity line of credit (HELOC for short) can be a
Don’t Let Myths Keep You from Your First Home
Home isn’t just where the heart is, it’s a place where the journey to retirement really begins for many individuals. Today’s historically low interest rates should be a big catalyst for exchanging your rental or lease agreement for your first mortgage, but many potential home buyers are staying out of the market for all the
The Price of Parenthood: Financial Tips for Growing Families
Modern families come in many configurations, but whatever your structure one fact never changes: adding kids to the household equation costs a whole bunch. According to the most recently available data from the U.S. Department of Agriculture, it will run a middle-income couple about $233,610 to raise a child to the age of 18. Oh