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Credit Card Reduction Day was created to motivate those with outstanding credit card debts to strive to get rid of their interest payments quickly. While debit card transactions immediately show a change of balance in your account, credit cards and their “unlimited spending limits” can sometimes allow an individual to lose track of spending which…
Chelsea Groton Bank has had a long-standing commitment to financial education and wellness. The Bank’s Community Education Officer, Miria Gray, regularly teaches programming in high school classrooms, plans and facilitates the Money Madness event, and supports the learning that is included as part of the Chelsea U Student Banking program. Each of these efforts is…
There comes a time in all our lives when we may need to become a caregiver of those who took care of us. This National Family Caregivers Month, we’re sharing tips on how to financially prepare to become a caregiver for your loved one and signs to look out for when visiting with family this…
One of the ways Chelsea Groton Bank gives back to the community each year is through the Bank’s community education program, Chelsea University. Chelsea University was created to help empower individuals, families and businesses to make the financial decisions that are best for them. To help with that, we offer a full calendar of classes,…
Kilolo Kijakazi, Acting Commissioner of Social Security, introduced a new look and feel to the Social Security Statement, available online through the my Social Security portal at www.socialsecurity.gov/myaccount and by mail. The Statement is one of the most effective tools people can use to learn about their earnings and future Social Security benefits. This fresh look will allow millions of people to see…
Last spring, when Covid-19 was beginning to run its course, life insurance sales in America increased for the first time in several years. And for good reason. Experts believe this was a direct result of many Americans being fearful of death, and more aware of the financial risks associated with mortality. So this September, also…
“Cease being intimidated by the argument that a right action is impossible because it does not yield maximum profits, or that a wrong action is to be condoned because it pays.” – Aldo Leopold Do you prefer to invest according to your values? How are the companies you invest in impacting our society and environment?…
