Financial Education Archives - Mascoma Bank


Building A Resilient Portfolio

It might seem as though the right way to invest is to find the perfect stock, bond, or mutual fund and make that your investment of choice. However, no single investment—or type of investment—provides a strong return year in and year out. That’s why you need to diversify your investments and perform regular check-ins to

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Posted by Richard Lemay on March 18, 2020

Money for College: Don’t Forget FAFSA!

Do you have children heading to college next year? Have you filled out the Free Application for Federal Student Aid (FAFSA)? There’s still time—but not much!

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Posted by Richard Lemay on February 12, 2020

Emergency Funds: Why You Need One

Even if you have a great handle on your finances, unexpected challenges such as losing a job, dealing with an injury or illness, or having to help a family member in need can threaten your financial stability. It doesn’t take much to throw your monthly budget off track.

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Posted by Kelly Nelson on February 6, 2020

Income and Expenses: Groundwork for the Future

Making money, and spending it, is a part of everyday financial life.

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Posted by Kelly Nelson on January 22, 2020

Budgeting: Make a Plan!

Devising and maintaining a practical, workable budget is the foundation of your financial well-being. Whether you are on your own or have a partner or family, it is an essential starting point.

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Posted by Mandy Wright on January 15, 2020

What You Need to Know About Credit Scores

Keeping track of your credit score is a crucial piece of maintaining your financial well-being. Your credit score is like getting a grade for all the good work you’re doing with your finances—or it can serve as a reminder that you could be doing better.

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Posted by Richard Lemay on October 16, 2019

10 Things You Don’t Realize Could Hurt Your Credit Score

Having a good credit score is imperative to anyone applying for a mortgage. Learn what might be bringing down your score.

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Posted by Sarah Powell on June 11, 2018

5 Tips for People Paying Two Mortgages

Paying off two mortgages can be a huge financial burden. Here are five ways to make it more manageable.

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Posted by Mascoma Bank on August 17, 2016

What Is a Debt-To-Income Ratio?

Learn about how banks calculate your debt-to-income ratio and how this number affects your ability to get a mortgage.

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Posted by Sarah Powell on May 31, 2016