Is this true of you?
More than two-thirds of Americans do not prepare a detailed written budget according to a June 2013 Gallup Poll.
Bryan Sudweeks, associate teaching professor of finance at Brigham Young University, says he is not surprised by the results of the Gallup survey. “Personal finance is really just two things,” he says, “education and choice. People who are not making a budget either haven’t learned the things they need to learn or they aren’t willing to make the hard decisions. If they don’t, they will get to the end of their lives and won’t have the resources to do what they need to do.”*
Are You One Of The Two Thirds?
If so, The Middlefield Banking Company has developed a wonderful tool for everyone to take advantage of in their Budget Builder tool. In 15-20 minutes you can set up a budget for 2014 that will enable you to know where you’re spending and saving your money; if you can afford that new house or car; if a purchase you are considering will fit in with your expenses; and how much you have saved or invested.
By devoting just a few minutes of your time, you can create a whole yearly personal financial picture for yourself and your family that is completely SSL secure and can be updated whenever you want -completely free! In one place, you can see your total income, expenses, disposable cash for spending, how much you can save and invest, and where to go for help when you need it. You can build it, adjust it, add or subtract from it at any time. “Our single year budget planning application is powerful and simple to use even if you don’t have any real knowledge of how accounting works.”
What You Can Do With Budget Builder…
Here is a sample of what you can do with The Middlefield Banking Company Budget Builder:
- Plan your incomes, expenses and investments for a year.
- Review your financial strengths or identify problems for any time period within that year.
- Quickly see how adjusting any one factor in your budget makes a change to the yearly financial picture.
- Develop a 10 year savings/investment plan that provides the outcome you want.
- Print out reports of your budget that can be used for planning or when you apply for a loan for house or car.
- Simply come back when there are changes to your financial picture to keep your financial plan up-to-date.
If you have been a member of the ‘Two Thirds’ group in 2013, don’t you think you should boost your membership up a notch into the ‘One Third’ group for 2014?
Visit The Middlefield Banking Company Budget Builder today and see how you can begin 2014 with a plan that will place YOU in control of your money instead of the other way around! Or stop by a branch near you to speak with one of their knowledgable employees.
Garrettsville
8058 State Street
Garrettsville, Ohio 44231
330/527-2121
888/801-1666
Mantua
10519 Main Street
Mantua, Ohio 44255
330/274-0881
888/801-1666
Member FDIC
Equal Housing Lender