News - Page 14

The best financial advice tends to apply to pretty much everyone. You don’t need a spreadsheet of pros and cons and complex scenarios. What you need is a rule of thumb.

There’s no shame in using one-size-fits-all advice. A study of West Point cadets, for example, found teaching rules of thumb was at least as effective as standard personal finance training in increasing students’ knowledge and confidence as well as their willingness to take financial risks. Researchers found money rules of thumb were more effective than teaching accounting principles to small-business owners in the Dominican Republic.

Here are a dozen shamelessly simple money rules of thumb collected over the years.

Once you start receiving your first paychecks after graduation, knowing how to spend or save your money wisely can be tough. While you may be able to do your banking with just a few taps on your phone, managing money well is much more complicated. Here are a few tips to help you get started.

Just like learning to ride a bike, kids can best be taught how to save money through hands-on experience.

Investing can be one of the best ways to help your money grow. If you have a goal, like being able to retire someday, investments can offer a greater chance of increasing in value at a faster rate compared with money placed in an interest-bearing account.

You still have time this year to start building a retirement fund and gain a tax advantage in the process.

A new year brings a chance to start fresh with just about anything. If your midnight toast includes a resolution to improve your financial health, here's how to make it happen.

Before whipping out your plastic you'll want to make sure you're shopping on a secure site. Use these 5 tips to keep your data safe.

Beginning June 1, 2016, the Federal Reserve Banks will reject or return items drawn on disabled routing numbers. All transactions (checks, ACH, wires, web-based and telephone automatic payments, federal/state tax payments and refunds, etc.) will cease further processing. The correct number for all VisionBank accounts is 073905187 (Find your routing...

Contrary to what you may think, signing up for a mortgage loan doesn't mean you're trapped in that rate or term. If rates change or events arise that prevent you from paying as you had planned, refinancing might be an effective way to change your monthly mortgage payment. 

All eight locations of VisionBank will close in honor of President’s Day on Monday, February 15. All locations will resume regular business hours on Tuesday, February 16.