Live Well, Bank Well

End of year is a time to reflect back and look forward. As we do so, finances are often part of our New Year’s goals. Before you fire off a multi-colored-confetti cannon and usher in the New Year, ask yourself these five questions.

The holiday season can bring joy. Holiday lights brighten dark nights and cozy smells fill the air. But not everyone gets excited when it comes to searching for the perfect gift and shopping.

Every month, you make plans to pay your rent or mortgage. You check the due date on your cell phone bill. Maybe you set up automatic payments for utilities. But are you forgetting an important payee each month? YOU!

The Bank of Missouri is dedicated to coaching people toward financial wellness. As such, CEO Adrian Breen was featured on The Balancing Act airing on Lifetime TV, on January 8, 2024.

Switching banks may sound like a lot of work, but it’s probably less steps than you think. And our hassle-free guide is here to help!

A new year often brings financial resolutions. We all know regularly depositing money into a savings or investment account is a smart financial move. However, making deposits without a goal in mind can cause your new savings habit to fizzle faster than sparkling holiday punch.

Why is saving money such hard work? You’ve already tried cutting or reducing some of your expenses. You’re putting the cash saved each month toward your financial goals. But trimming expenses only gets you so far.

Even if you’re low on funds, you can still make a meaningful charitable gift this season.

While credit, income and debt can be scary topics, you don’t need a magic wand to overcome your fear of finances. All you need is a touch of knowledge and a sprinkle of confidence to make those spooky visions vanish. Get both when you read this article – no cauldron required.

Saving money while in college can be tricky. But, you can stay on top of your finances with a few simple tips.

While your child’s college tuition and your retirement savings might not be top of mind as the new school year begins, now is a great time to think about the progression of major milestones, including yours.

Read on to learn about loan term lengths, interest rates, where to finance, saving for a down payment and co-borrowers.

With winter barely behind us, it may seem too soon to start thinking of saving for summer vacation. Road trips with the family and choosing your next swimsuit are a far cry from the 3-foot icicles some of us had hanging from our porches last month. But as you know, reaching your financial goals is all about planning ahead, especially if you want to go anywhere this summer. It’s like Benjamin Franklin once said: “If you fail to plan, you can plan to fail.”

Checking accounts are the Swiss Army knives of financial tools. They offer a safe, convenient way to track your income and expenses, pay your bills, and stick to your budget.

Opening your first checking account can be exciting. It may also be a little daunting considering all the choices. Never fear, we’re here with ideas on how to pick the best account for you.

Winter is here. While the weather outside isn’t necessarily frightful, reducing the expense of staying warm can be delightful.