Homeschooling requires careful budgeting but offers parents the flexibility to customize their children’s education

Financial Benefits and Drawbacks of Homeschooling

Homeschooling is an increasingly popular choice for parents who want to customize their children’s education outside the traditional system. It also requires careful budgeting. Consider the following financial pros and cons as you weigh your decision. Pro: Homeschooling Costs Less Than Private School If you aren’t considering public schools for your children, homeschooling is generally… Read more »

Woman volunteers during the holiday season

How to Give Back During the Holiday Season

The holiday season is a time of giving. Yet, it can often be difficult to determine just how to give back to others during this time of year. Though it may not seem like it, a simple donation or act of kindness can make a world of difference for those who are in need. This… Read more »

Obtaining a fiduciary to make essential arrangements for your assets

What is a Fiduciary?

When you are making arrangements to ensure financial security for yourself and for your family, you might happen across the idea of naming a fiduciary. A fiduciary can ensure that your money and assets are handled appropriately if you get sick, become injured or die. Knowing what a fiduciary does, the standards by which they… Read more »

Does the 4 percent rule still work as a retirement saving strategy?

Does the 4 Percent Rule Still Work?

If you’re well along the road to retirement, you’ve probably heard about the 4 percent rule in some capacity. This guideline for making withdrawals in retirement has been confirmed through extensive study and practice over the past 20 years. But with the financial demands on today’s retirees, is this strategy still valid? What is the… Read more »

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

You’ll Love These Banking Features for the Holidays

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 »

Woman painting a room in preparation for selling her home

Smart tips to get the most money from your home sale

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 »

Pile of items such as cans, peanut butter, oils, and cereal to donate to a local food drive

Minster Bank to Host Canned Food Drive This November

For the past four years, Minster Bank has proudly hosted a holiday food drive to serve local organizations and now the time has come for the 2018 drive. All donations will be presented to one of eight local nonprofit organizations in our communities. How will your donation make a difference? Learn more about the charities… Read more »

woman starting up a business on etsy

How to Have a Successful Start on Etsy

Starting your own business is an exciting endeavor, and with popular digital platforms like Etsy, it’s easier than ever to get the word out about your ideas. If you’re someone who makes your own products, Etsy is a great system to use. Etsy is a marketplace designed for unique, handmade items. Once you find something… Read more »