Personal Money Management
Getting a handle on your personal finances can be one of the most important things you do to secure your financial future. At Dime, we’re here to help, whether it’s providing online resources and tools to help you, like those below, or our friendly representatives on the other end of a phone call to discuss your options in more detail.
Money Management Articles
- The Wedding Plan: How to Budget for Your Big Day
- Budgeting for Beginners
- Retired Now What
- You Can Still Have Fun on a Budget
- Baby Fund: Financial Tips for New Parents
- How to Save Money in College
- Investing for Beginners: Tips to Get You Started
- Personal Finance Planner
- Grow Your Savings Beyond Your Savings Account
- 1001 Reasons to Use Mobile Banking
- Everything you Need to Know about Student Loans
- Most Common Student Loan Questions
- Managing Your Online Security
- Using AutoPay to Your Advantage
- 10 Ways to Help Your Kids Save Money
- 4 Steps to Capitalize on a Sunny Savings Forecast
- Smarter Saving for Retirement in 2017
- 5 Things You Must Do Before Opening a New Bank Account
- Safe Place to Keep Your Money
- Interest Rate Goals for 2017
- Financial Spring Cleaning
- 10 Easy Ways to Save Money
- Security: Spot Phishing and Stay Secure Online
FICO: Learn more about your credit score, how to manage and improve it and where to get your credit score for free.
- The Quick Guide to Managing your Credit in 2017
- Your FICO Credit Score -Part I - 4 Essential Things You Need to Know
- Your FICO Credit Score - Part II - 6 Things that can hurt your credit rating, and how to fix them.
It’s a good rule of thumb to set up your checking account as the place where your most liquid assets are held — the idea being that you keep funds for paying bills and other expenses in a checking account. There are a variety of accounts at Dime to match your current financial situation and your individual checking account needs.
As with a checking account, having a savings account is part of building a solid financial foundation. This should be an account where you do just as described — save. In general, that means less account activity overall, since you’ll generally be withdrawing from and contributing to it less frequently than your checking account.
Similar to our checking accounts, however, there are several savings accounts that, depending on your situation, are available to you. We’ll help you find the one that makes the most sense for your financial needs and goals.
A money market account is another savings tool in a solid money management strategy. Generally higher interest, money markets can help accelerate your savings goals by earning more on the funds you’re able to allocate to that account. And with the Dimes Money Market account, you can invest in a money market account with as little as $1,000.
Additional Saving and Retirement Planning Resources
While a savings account is a good place to start, it’s important to diversify your savings plans regardless of your financial goals. That’s why we recommend products like IRAs, money market accounts or CDs to create a well-rounded savings portfolio. Our friendly, knowledgeable staff are on hand to help you learn more about all of our savings plans and find the ones that make the most sense for you.
We couldn’t responsibly talk about money management without including debt management. Whether it’s student loans, car loans, credit card debt, home equity lines of credit or something else, the reality is that a majority of our nation is burdened by some form of debt. Explore more of our Money Management 101 page to find tips for dealing with debt smartly, or speak to one of our representatives to learn more about the personal banking services we offer that can help set you on a path toward greater financial independence.