Emergency Fund Basics

The COVID-19 pandemic and its economic downturn might have exposed how fragile your finances are. As the economy begins to recover, it’s a good time to consider building an emergency fund to help protect you in the future. Consider ...

4 Unnecessary Expenses to Cut From Your Life

As a hard-working adult, you know that saving money is an important thing to do. Unfortunately, it can also be a difficult prospect. Life is expensive, and it often feels like our money is gone no sooner than we’ve earned it. ...

Small Ways to Save Every Day

Small changes you implement into your daily life can make a big impression on your financial health. If you’re looking for ways to save money every day without committing to a major financial overhaul, consider the following ...

One-Time Close Construction Loans vs. Multiple Loans

In many cases, home improvement is better than moving to another house. Building a larger garage, expanding a wing of your home or erecting an additional bathroom could be a much easier and more cost-effective way of adjusting ...

How to Live on a Fixed Income in Retirement

Before retirement, you probably had the chance to increase your income, such as by earning promotions or changing jobs. But during retirement, it’s more common to live on a fixed monthly income determined by your savings. This ...

What is the 2K Rule?

For many parents, saving for a child’s college education is a major source of stress. It’s often difficult, if not impossible, to know how much you actually need to save, as the cost of attending college varies wildly depending ...

Picking A Representative Payee

Handing over the rights to your Social Security or Supplemental Security Income benefits isn’t easy to do. But, just like millions of people, you may need help handling your monthly bills and health expenses, especially if your ...

Savings Tips For Studying Abroad

Studying abroad is a great opportunity for students, but it can also be an expensive one. If you want to immerse yourself in a different country but are worried about paying for your trip, keep these savings tips in mind. Start ...

Online Finance Basics

In these challenging times, you may not feel as comfortable visiting your financial institution. A great way to stay on top of your financial needs without the risk of going out is online and mobile banking. This convenient feature ...

Colonial Savings, F.A. Named Fannie Mae 2020 STAR™ Performer in General Servicing

Colonial Savings, F.A. has again been named a Fannie Mae Servicer Total Achievement and Rewards™ (STAR™) Performer in General Servicing for 2020. The STAR Program recognizes those who have demonstrated best practices ...