Category Archives: Savings


When to Save for Retirement vs. Your Kid’s College Fund

Guest post by Margarette Burnette, NerdWallet If you’re a parent who wants to save for your child’s college, it’s smart to start early so your money can build over time. For the same reasons, it’s also smart to start early … Continue reading

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Pros and Cons of the Federal Reserve’s Announcement to Raise Interest Rates

During the past few years as the U.S. economy slowly recovered from the Great Recession, the Federal Reserve used its economic policy-making influence to keep its target interest rate low – near zero since about 2009 – to help the … Continue reading

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How Christopher paid for large, unexpected expenses without stress

Recently, Christopher shared his experience paying for unexpected expenses without stress, because he previously set up accounts and automatic transfers to save for these types of bills. Here’s his story: I recently had two big expenses—a medical bill and a … Continue reading

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Free lesson plans about money for teachers

Teachers, there are some new resources available to you to help you teach your students about money and making smart choices. Free lesson plans for pre-K through age 20 are available through the Federal Deposit Insurance Corporation’s Money Smart for … Continue reading

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The State of Older Americans and Savings

Guest post by Katie Bryan, America Saves Communications Manager The numbers are shocking.  • In 2012, the average credit card debt among adults aged 65+ was $9,283 (Demos: The State of Young America). • One-third of senior households have no money … Continue reading

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How to teach your kids about money

You probably worry about whether or not your kids will be well-equipped for their futures. Here is some good news: There are new resources available to help you teach your Pre-K through 20-year-old children about money and making smart choices. … Continue reading

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Take advantage of $5K tax deduction

If you’re looking for a way to reduce your taxable income for your 2014 taxes, consider the advantages of an IRA—you have about a week to make contributions to an IRA for last year. Contributions to IRAs can be made … Continue reading

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Make Your Tax Refund Work for You!

Have you done your taxes? The article below can help you get started and is encouraging if you’re considering paying down debt and saving your refund this year. This year, I decided to save my entire refund as a nice … Continue reading

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Looking for a secure place to invest money for yourself or your employees?

Whether you’re thinking of yourself or investing for employees, it’s easy to feel overwhelmed or discouraged when you start thinking about or reading about retirement savings. Even if you’re thinking this topic is a little heavy for what you want … Continue reading

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Saving for College: Ways to Minimize the Sticker Shock

Courtesy of the Federal Deposit Insurance Corporation There’s no doubt that a college education can be costly, but according to U.S. Census Bureau data, someone with a college degree can earn, on average, 60 percent more than a person with … Continue reading

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100 Year On Blog
This blog includes articles, information, tips and advice on all things money by the financial experts at Bank of American Fork. But this blog is not one-sided; we want to hear what you think. Share your ideas, experiences and comments to get the dialogue going.

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