All Posts Tagged: cash

7 tips on saving for the holidays

Beth Hale
Posted by Beth Hale
Consumer Banking

The holiday season is rapidly approaching, which likely means that trips to the mall and online shopping are on your to-do list. But have you really taken into account the large amount of money you may be spending on festive occasions? It is easy to overlook.

2 young woman sitting at outdoor cafe table, looking at possible shopping items on a laptop computer while drinking coffee.I hope the information in this blog post can help keep your finances bright and holidays merry. Follow these seven holiday shopping and spending tips that may help save you some money.

1. Start saving early. Consider opening a savings account that you can deposit money into all year. As the holidays approach, feel free to withdraw money from the account to make your holiday purchases.

2. Create a budget. Putting a price on your niece or nephew can seem daunting, but what’s more daunting is the idea of having to pay off your debt long after the holiday season. Budget a certain amount of money per person to avoid overspending. You’ll thank yourself in the long run.

3. Get a head start on shopping. Many retailers offer great sales and promotions long before the holiday season. So take advantage and complete some—if not all—of your holiday shopping long before the mad rush.

4. Use your credit card points or cash rewards. It may be wise to cash in some credit card points or cash rewards from your credit card during the holiday season. You will essentially be able to “shop for free,” and your bank account won’t take a hit.

5. Try Secret Santa. If you have a big family, it may be challenging to purchase gifts for everyone. By participating in Secret Santa, you can eliminate the expense and hassle of shopping for multiple people and only focus on one.

6. Be thoughtful. Oftentimes the best gifts don’t carry a heavy price tag. For instance, creating a scrapbook may take a little more effort, but it’s certainly more thoughtful and creative. These kinds of gifts are often less expensive, too.

7. Know when to stop. Once you’ve completed your shopping list, it’s time to stop. Avoid browsing online and stepping into the mall “just to see what they have.”

Happy holidays and happy shopping!


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6 financial tips for international students

Thierry Gabadou
International Banking
Group of international students sitting on the grass, discussing what is on their tablets.

Make sure you are budgeting for all the essentials before treating yourself to luxuries – living in the U.S. can be expensive.

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Millennials share their financial literacy lessons

Paul Appleton
Consumer Banking
Young woman on an empty city street checking the cash in her wallet.

Their insights may give us all some useful guidance for helping future generations to learn.

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Have you checked your frequent flyer miles lately?

David Pollino
Rear view of an airplane coming in for a landing at sunset.

Miles and points are currency, as they can be used for many real-world transactions such as flights, shopping, gift cards, and even cash.

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Year-end tips from our advisors

Jeff Hoffmann
Private Client Services
2 African-American men meeting to discuss financial plans sitting in front of a coffee table with open laptop.

Are there things you can do now to help make sure you’re in the best possible situation for 2015, especially in terms of your financial standing?

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