Category: Personal Finance

You’ll Love These Banking Features for the Holidays

Person using mobile banking from Minster Bank to make holiday shopping easier

According to the National Retail Federation, the average person will spend just over $1,000 this holiday season. Sound like a stretch for your wallet? It might be time to start preparing for next year with a holiday savings account. A Minster Bank holiday savings account is a tool that can help you plan and save… Read more »

Smart tips to get the most money from your home sale

Woman painting a room in preparation for selling her home

Your home is full of memories. Perhaps it was the first place you and your spouse lived together. Maybe your children took their first steps in the living room, or the kitchen was host to dozens of Thanksgiving feasts. And if you’re trying to sell your home, you’re trying to sell the idea that someone… Read more »

How to Create a Food Budget

Woman grocery shopping and saving money by creating a food budget

While food expenses are a necessary component of any monthly budget, there are practical ways to reduce food costs. Get the lowdown on creating a monthly food budget, as well as other steps you can take to stick to personal savings goals in this area, below. Calculate your typical monthly food expenses According to Kitchn… Read more »

Buy Your Dream Wardrobe Without Spending a Bundle

Clothing hanging on wooden hangers on a metal rack

With so many occasions and seasons to dress for, your clothing budget can easily get out of hand. While it’s nice to have a wardrobe that can address every scenario and social gathering imaginable, you simply don’t have the money, or the closet space for that matter, to accommodate. These tips will help you stay… Read more »

The Importance of Scheduled Maintenance for Your Car

Vehicle receiving scheduled car maintenance

Informing yourself about your vehicle’s needs is a habit that pays dividends in the long term. By paying attention to the recommended maintenance schedule and following it accordingly, you can extend the life of your car, prevent serious problems and avoid disruptions to your finances. Consequences of skipping scheduled car maintenance Disregarding scheduled maintenance for… Read more »

Jobs to Keep You Active During Retirement

Woman working during retirement to stay active

Retirement strips away the stresses of the workday and replaces them with rest, relaxation, independence and adventure. While you might think that having unlimited time to do whatever you please is endlessly appealing, many retirees find they miss the sense of order that working brought to their lives. If you feel you might need more… Read more »

What Are Closing Costs & How Do They Work?

Are you planning on buying a new home? Or refinancing your current home? Did you know you can save on closing costs? Are you wondering what is included in closing costs and why they exist? You’re not alone, many homeowners ask the same question! While they may seem like just another fee, closing costs can… Read more »

Follow These Tips to Make Sure You Can Safely Retire

Man safely planning for his retirement

Ever since you started life on your own, you have focused on keeping food on the table and a roof over your head and the heads of those who depend on you. If you’re lucky enough to have a traditional 40-hour work week, you will spend about 2,087 hours a year at work, minus what… Read more »

Should You Maintain Separate Accounts When You Get Married?

Newly married couple driving away from their wedding discussing separate or joint bank accounts

How you and your spouse can best manage your money Joining your now-spouse in matrimony strengthens your relationship and confirms a lifetime commitment. It also comes with a fair amount of effort, not just in terms of making sure that your partnership will stand the test of time, but in terms of adapting your lifestyle… Read more »

Learn How Mobile Check Deposits Can Now Save You Time and Energy

mobile deposit

We understand that your life has gotten busy and a bank trip to make a deposit with traditional checks doesn’t always fit into your schedule. It’s for this reason that Minster Bank has developed a mobile solution so you can make check deposits using your phone. This Sounds Great, How Do I Start? To get… Read more »