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Articles posted under Save

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How to Start Saving for Your Child’s College Fund

Sending a child to college is a large financial expense for many families. As with many big expenses, getting a head start on saving will make it easier when the time comes to pay that first tuition bill. In this article, we’ll cover some options for New Mexico families to save for and finance a child’s education, including our LOV … Continue reading

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5 Tips to Jump-Start Your Savings Plan

5 Tips to Jump-Start Your Savings Plan In partnership with GreenPath Financial Wellness   It’s human nature. We’re all wired to meet our immediate wants, whether it’s indulging in a tempting bowl of ice cream, spending more time than we planned scrolling through social media, or treating ourselves to an impulse purchase. Unplanned expenses or emergencies are other common life … Continue reading

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Financial Planning for New Parents

There is the classic guide for expectant parents, What To Expect When You’re Expecting, and then there is our guide for what to expect financially when new parenthood is on the horizon. Keep reading to learn the financial steps every new parent should take before and after the baby is born. What To Do BEFORE the Baby Whether you’re already … Continue reading

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When Should I Open a Savings Account?

Financial institutions offer a variety of deposit products, one of which is the savings account. Unlike most checking options, savings accounts have a limit of six withdrawals per statement cycle as mandated by federal regulations. This means that you have to be careful when managing your transfers, or you could end up with fees or even have the account converted … Continue reading