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7 Savvy Ways to Spend Your Tax Refund
In the late 1960s, Stanford University conducted a now-classic psychology study called the Marshmallow Test. In it, children were offered a choice between eating one marshmallow immediately or two marshmallows if they could wait a few minutes. You can watch kids deal with this agonizing dilemma here . Resisting an immediate reward for a greater...
What to Buy and What to Skip in August
Summer is winding down (but not necessarily cooling down), and the start of the school year draws near. And that means back-to-school deals are in full force while summer-clearance items are equally abundant. Here’s what to buy and what to skip in August. What to Buy Back-to-school supplies. Beyond your garden-variety pencils, pens, and paper...
10 Tips for Finding the Right Contractor
The pool of independent contractors is deep, so do your homework for a good fit. The time has come. You just can’t look at your outdated kitchen with mismatched appliances, countertops, and cabinets any longer. You’ve watched endless YouTube videos on kitchen remodels. Do you hire a professional or do it yourself ? Will you need a home equity...
10 Tips for Teaching the Value of a Dollar
Talking to your kids about money can be difficult, but it’s also one of the most important conversations you can have. Learning how to earn, manage, and appreciate the value of money at an early age gives children the foundation they need to succeed down the road. As a financial institution founded by teachers, SELCO is committed to helping Oreg...
Common Savings Terms (and What They Really Mean)
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- Common Savings Terms (and What They Really Mean)
When finding the best fit for your savings goals, it helps to know the lingo. You likely know what a savings account is, but how it—and other savings options—works can be confusing. That also goes for common financial terms we often see but aren’t often explained (or explained clearly). So, let’s take a look at a few savings-related terms—both...
