Category: Wealth Management

Tips for Getting the Most Out of Your Coupons

Woman uses smart phone to clip mobile coupons

Coupons, whether they’re old-school paper, store promotions, online or app-based, are designed to help make you a savvier consumer.  From saving dollars and cents to getting two for the price of one, coupons can safeguard your shopping budget and afford a little wiggle room to save toward your retirement goals.  Next time you hit the… Read more »

How to Spot a Scam: 4 Warning Signs of Financial Fraud

Money laying on a laptop

In today’s fast-paced, online-centric world, scammers have more tools than ever to separate you from your hard-earned money.  Whether you’re trying to make smart investments or just protect yourself from being victimized, it’s important to know these major warning signs for financial fraud. 1. Unsolicited Contact If someone contacts you out of the blue with… Read more »

Minster Bank Community Voices: David Oliver

Retro microphone with minster bank community voices david oliver text

Minster Bank Community Voices is a new audio series that takes you behind the scenes of our organization. You’ll hear firsthand stories from the people who make Minster Bank great. This week’s guest is David Oliver, wealth management advisor at our Minster location.  Q: How did you get started at Minster Bank? A: When I… Read more »

6 Financial Tips for Going Back to School

If you’re considering going back to college to boost your credentials, you’re probably on the lookout for money-saving strategies.  Here are six dollar-stretching tips to keep you at the top of your class. 1. Fill Out the FAFSA to Save Money If you’re looking to continue your education, your first stop should be the Free… Read more »

Retirement Community, Assisted Living or Nursing Home: What’s the Difference?

Senior woman sitting at a table looking at a laptop researching assisted living and nursing homes

As you plan for the next stage of your retirement, you might be wondering if it’s best to stay in your home or move elsewhere. But what’s the difference between a retirement community, assisted living facility, and a nursing home?  Whether you’re eager to participate in a vibrant community of fellow retirees or want to… Read more »

Health Savings Accounts: How to Choose the Right One for You

Glass jar labeled health filled with coins representing HSA

Health Savings Accounts have a wealth of benefits. They can help you save on taxes, bolster your retirement fund and earn tax-free interest on your savings. Thanks to this trifecta of benefits, Forbes contributor John Goodman claims that no other savings vehicle can top an HSA.  However, different HSAs are tailored to different needs. To… Read more »

Three Reasons Women Need to Save More For Retirement

Young woman saves for retirement using piggy bank

Retirement is a big goal, no matter how far you are into your career. That’s why everyone needs to account for differences like healthcare needs, time in the workforce and more. Learn three reasons why women need to save more for retirement – and how to get there. Reason #1: Women Tend to Live Longer… Read more »

Get the Most Bang for Your Buck With These Home Investments

Child and father work on home upgrades together

Making upgrades to your home is like an investment – similar to putting money into a retirement account. That’s why it’s important to choose ones that will provide value for you now, save you money over time and make your house worth more in the future.  The following home upgrades check all of these boxes…. Read more »

Is Private Mortgage Insurance Good or Bad?

Parents watch two kids carry boxes in new home

If you don’t have the money for a down payment on a home, you might have heard of private mortgage insurance, or PMI. This tool can help you buy a home faster, but it’s not without its costs. Learn more about PMI and decide if it’s worth the risks. What is Private Mortgage Insurance? When… Read more »

Should I Get Extra Insurance For My Valuables?

Valuable pearls, diamonds and gold jewelry

Your diamond wedding ring; your grandmother’s onyx necklace; an original Andy Warhol print; your great-uncle’s collection of rare stamps.  What do all these things have in common? Easy – they’re valuable, both in terms of money and sentimentality. To help protect them, you may want to consider extra insurance coverage.  Check Your Current Policy As… Read more »