Why Checking Your Credit Score Matters

Posted on May 31, 2017

Categories: Financial Education, Personal Finances

Across television ads, online banners, and even chit-chat among relatives, the phrase, “Check your credit score,” seems to be popping up everywhere. If something so important needs constant reminders, why does it have such a key importance in your personal finances? Well, the truth is that it doesn’t, your financial actions do.

Tax Beneficial Accounts You Need to Use

Posted on March 22, 2017

Categories: Personal Finances, Savings

One of the most proactive ways you can protect your personal finances is to take advantage of tax beneficial accounts such as an HSA, 401(k) and IRA. Though these accounts are typically tied to retirement savings, this is not always the case. At Fairfax State Savings Bank we want to help you make the most of your money, by offering these three account options:

How to Save for Retirement at Every Age

Posted on March 15, 2017

Categories: Personal Finances, Retirement, Savings

How much do you need to retire? Will you continue working after age 65? Do you want to travel during your retirement? These are just a handful of questions that are important for retirement preparation. Unlike saving for a home or new vehicle, saving for retirement requires long-term commitment and goal oriented benchmarks. At Fairfax State Savings Bank we want to help you succeed as you save, and offer these milestone marks:

Fix-Up Your Budget

Posted on March 8, 2017

Categories: Budgeting, Personal Finances

HGTV’s latest hit show, Fixer Upper, has fans and home buyers looking for new ways to save and restore old homes. While Chip and Joanna have become experts in home renovation, they’re not too shabby when it comes to finances either. Using their home building skills and our banking knowledge we offer these top tips to help fix up your budget in 2017:

5 Financially Savvy Ways to Use Your Tax Refund

Posted on March 1, 2017

Categories: Personal Finances, Savings, Taxes

Getting your taxes done early not only takes one more thing off your to-do list but further allows you to start planning for the future. Working with your tax professional, determine how much your family may receive this year from a tax refund. No matter the amount, we recommend putting it towards your financial goals for the year. Here are some great strategies we’ve tried to get the best bang for our buck:

6 Steps to Scoring Your Savings Goal

Posted on February 22, 2017

Categories: Budgeting, Personal Finances, Savings

Do your savings goals make you feel frozen? Get back on the ice this season, and let Fairfax State Savings Bank help you win your personal financial game. We’ll show you how to keep pushing forward with these strategic hockey tactics:

The Best Financial Quotes and How to Use Them

Posted on February 15, 2017

Categories: Budgeting, Personal Finances, Savings

There are endless famous quotes amongst Facebook newsfeeds and Reddit threads, however, time and time again people seem to hold fast to their favored stand-bys. For topics ranging on everything from love to education, the wise words of others seem to implement a perspective in our lives, that could be left vacant otherwise. To help you achieve your financial aspirations this year, Fairfax State Savings Bank would like to share the quotations we hold dear, to help encourage you along the...

Can You Really Save on Travel: True or False?

Posted on January 18, 2017

Categories: Budgeting, Savings

Checking numerous sites for the best deal can be labor-intensive, and potentially counterproductive. With many American travelers turning to vacation book sites and apps, Fairfax State Savings Bank is curious if they really save you money. After thorough research, we’ve discovered these four truths to successfully budgeting your next getaway:

Best Part Time Jobs for Students

Posted on December 28, 2016

Categories: Budgeting, Personal Finances, Savings

College is a time period in which you begin to choose your path in life. With decisions ranging from effort in class, extracurricular participation, and money management style, you will find yourself gaining more and more responsibilities each and every day. Continue to build your college experience with a part-time career to help you better manage your money, and support some fun on the weekends!

Teaching Your Children the Meaning of Giving

Posted on December 21, 2016

Categories: Budgeting, Community, Giving Back, Personal Finances

The holiday season is all about giving. Whether it’s through time, labor, or funds, philanthropy is the spirit of the season. This December, help your little one’s understand the power of giving with these four lessons, courtesy of Fairfax State Savings Bank: