HOLIDAY CLOSING: Please note that Dedham Savings will be closing early on Tuesday, 12/24 at 1:00pm and will be closed for Christmas Day on Wednesday, 12/25. Remember that you can bank with us anytime via ATM, Online or Mobile Banking.

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Financial Wellness

New Budget for a New Year

The beginning of a new year is a great time to assess or reassess your household budget – the amount you spend to keep the lights on, the family fed and everything else humming along. If you don’t already have a spending plan in place, now is the time to set up some strategies to help guide you to a more financially sound future.

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When it Comes to Saving on Big Purchases, Timing is Everything

Inflation is rising and pushing prices on pretty much everything sky high. That means if you’re in need of a big-ticket item — like an appliance or a computer — you should formulate a plan for how you’re going to pay for it before you buy. Here are some things to consider.

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Tips to Create a Wise Spending Plan

Prior planning pays! It's never too early or too late to create a budget or a spending plan for using your money wisely.  To start, it can be helpful to set short and long-term financial goals and manage your money to meet them. 

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Common Budgeting Mistakes

Don't fall into these traps when creating a roadmap for spending.

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