The Best Things to Buy in September

Here is a list of items that are best to buy in September:

• Appliances New models come out in Sept and Oct so older models will be cheaper.
• Bicycles New models are debuting this month, but the end of bicycle season is coming to an end which means better savings.
• Holiday Airfare The best deals for air travel are 8 weeks before traveling. Now is the time to buy for Thanksgiving.
• School Supplies School has just begun, there are still sales and you might have just realized that you need another item.
• Wine Harvest season is happening now and new wines are hitting the market.
• iPhone With the release of the 5S and the 5C there is a price drop for older models.
• Denim Because denim is a great transition from summer to fall many retailers are competetive prices now.
• Kitchen Goods Lower prices on kitchen goods happened because of summer weddings and students going to college and now the prices will stay low.
• Outdoor Goods (lawnmowers, patio furniture, garden products, pool equipment etc) End of the season sales.

 

Happy Labor Day!

All Central Star locations will be closed on Monday, Sept. 2, in observance of Labor Day. You can always access your accounts through our mobile and online banking services and Call-24. Or, click here to find surcharge-free ATMs near you! FIND ATMS>>

Kids and Money: 5 Tips on Allowances

1. Decide when to start. Experts recommend starting at age 4.

2. Figure out an appropriate amount. Discuss with your child and have them learn how to negotiate pament.

3. Talk with them about saving vs. spending. A three jar setup with saving, spending, and giving is a great way to teach kids about money.

4. Define that allowance is not a reward for household duties. Everyday must-do chores do not receive pay, but extras do.

5. Reward proper spending habits. Match any money they put towards savings.

 

Understanding Your 401 (k)

Next up in our Saving Series is the 401(k). Many of us have a 401(k) but few of us understand the ins and outs of our retirement savings accounts. Here are some tools to help you get a better grasp on your 401(k).

 

8 Tips to a Healthy 401 k

The World’s Easiest Guide to Understanding Retirement Accounts

A Young Man’s Guide to Understanding Retirement Accounts: the 401 (k)

Understanding 401 (k) Basics

401 (k) Plans

How 401 k Plans Work

Defined Contribution Plans: 401 (k)’s