Save by Reducing Debt
02/24/2022
One of the most significant contributors to financial stress is debt. If you're having a tough time financially, it can feel isolating, but the truth is 80 percent of Americans have consumer debt. The only way to relieve financial stress is to make a plan and work your way through it. But to make that plan, you'll need to understand the type of debt you have, your best-case scenario to pay down your debt, and how to leverage your knowledge so that you can maintain or increase your credit score.
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Saving for Major Milestones
03/01/2023
What do homes, education, and retirement all have in common? They are major life milestones requiring advanced planning and saving significant money. That amount of planning and money saved that is needed may make you doubt your ability to reach these goals. Even if you don't feel that way today, you may have in the past or future.
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Save for the Unexpected
02/22/2022
Everyone can agree that having emergency savings is ideal, right? Personal finance experts have preached the importance of having three to six months of living expenses put aside for emergencies or a "rainy day." Here is something not discussed as often.
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VBA Bank Day 2023 is Quickly Approaching
02/16/2023
Blue Ridge Bank is excited to partner with the Virginia Bankers Association Education Foundation (VBA) to offer seniors a unique scholarship opportunity in March called Bank Day.
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How to Save Automatically
02/21/2022
The easiest and most effective way to save is automatic. Think about it, this saving automatically is the same way that millions of employees save through 401(k) and other retirement programs at work. So, taking that same concept? that you can "set it and forget it" and adjust to money going directly into savings would work for ANY savings goal you have? including saving for an emergency fund, homeownership, education, or even a vacation.
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