By Robert Juliano, Vice President of Community Development at Beneficial Bank In tough financial times, maintaining a budget and saving is crucial to your financial security. At Beneficial Bank, we put a priority on educating our customers about how they can do the right thing financially. We understand how challenging, and sometimes overwhelming, creating a […]
Looking for a way to make budgeting easier? Online money management tools can help with this. Online tools can help you keep bills organized, track spending and allow you to set financial goals. Using tools such as Beneficial Bank’s FinanceWorks can help set you on the path to financial security.
As a nation, we are in a debt crisis. Today in the U.S., there are more than 576 million credit cards in circulation. Current credit card debt in the nation stands at $826 billion. There are 54 million households that have credit card debt, and, the average debt for each of these households is nearly $16,000.
For those of you that do not have a checking account, there is no time better than right now to get one.
If you have children, I know how expensive this time of year can be as you are shopping for all of the clothes and school supplies needed to prepare your family to go back-to-school. You want your children to get off to a great start as they enter a new grade, but, you also want to make sure that you don’t go into unnecessary debt during these shopping trips.