How many times have you watched a television commercial for a mutual fund or investment company and were left scratching your head thinking, “What was that?” It seems everywhere we look someone is trying to offer us the next best investing strategy or is telling us about the trendiest stock or mutual fund. It sounds complicated because it is! 

Some of the wisest financial advice is also the simplest!

Lincoln Savings Bank is here to help simplify things and solidify wise financial tips that have worked for so many people over the years. The reason they work is because they’re simple to follow.

Cash is king- it always has been and always will be. Whether it’s cash on hand or funds in an easy-to-access checking or savings account, cash is great to have in case of emergencies. Speaking of…

Emergency funds are a must have- no one can predict the economy, so it’s best to have three to six months of living expenses saved up. While we’re talking about saving…

Nothing beats saving early- saving for retirement with a 401(k) or Roth IRA is a smart move at any age, but especially starting young. The longer you are putting money in, the more return you get!

Have a good credit score and history- this can help you get the best rates on credit cards, auto loans, mortgages and even lower your rates for auto insurance.

Have a marketable skill- your own earning power is the most powerful asset you’ll ever own, to quote Knight Kiplinger, editor-in-chief of financial website Kiplinger.com. By investing in yourself throughout your life, you increase your ability to earn a good living and set yourself up for success.

It’s easy to be confused in today’s financial world by people promising huge returns and magical money solutions. By sticking with time-tested financial advice like this you’ll do just fine. As always, Lincoln Savings Bank is here to help in any way possible. Get in touch with us if you have any questions at any point in your financial life!