Our Life in Color Blog

Back-to-School…Back to Debt?

Going back to school suggests it is the end of summer and the beginning of school supply sales, material lists from new teachers and classes, and long lines at school supply stores.  Children disappointed by the finish of their summer vacation are encouraged with the purchase of new clothes, books and occasionally, treats and impulse… Read more »

Get Back into the Groove

It’s that time of year — time to get back into the groove of going to class, doing homework and trying to manage a part-time job for some. What it also means is no more extra cash — every penny counts when you’re in college, right? Let’s take a look at some tips to help you… Read more »

5 Tips for Reducing College Costs

Nine in ten parents believe that college is a worthwhile investment. While this statistic from Sallie Mae’s How America Saves for College 2015 report shows that the value placed on higher education is nearly universal, a staggering 84% of parents are also willing to stretch themselves financially in order to make college possible for their children. “Better… Read more »

Going on a Trip? Follow Some Simple Safety Tips Before You Leave

Whether you are traveling for business or pleasure, there are many things you can do to make your travel experience more enjoyable. Preparation is the key to enjoying your time away from home, no matter what the circumstances may be. Before you leave, ask a neighbor or friend to collect your mail and newspapers. Also,… Read more »

6 Financial Traps New College Graduates Should Avoid

As college students across the nation graduate and start their careers, financial responsibility should be a top priority. College graduates can make their future even brighter with an early focus on sound financial planning. Establishing a solid financial foundation now will go a long way toward a prosperous future. New college graduates should avoid the… Read more »

Buying Your First Home: What to Expect

Buying your first home is a daunting task. Committing all or most of your life savings, and signing up for a mortgage might be the largest and longest financial obligation you’ll ever have and that is intimidating. However, if you know what to look for and what to avoid, you can bring a level of… Read more »

Spotlight on Portland Yacht Services

Phin Sprague, president of Portland Yacht Services, has been a commercial client of Norway Savings Bank for 15 years. Portland Yacht Services performs a variety of services on boats, both small and large. It is a diverse business that employs technicians with high levels of expertise. In early 2013, Phin sold his property at 58… Read more »

Your Budget, Your Way

Budgeting can either make or break your financial stability. Financial mistakes occur from time-to-time, so it is important to know how to reduce your chances of making them and having a solid budget will help you maintain your financial freedom. Let’s take a look at five critical tips to follow to stay on the right… Read more »

NSB Employees Help to Create Bright Futures

Bright Future is a group of young men and women that are new arrivals to the United States and are learning about American society through work, volunteerism, government, sports and social interaction. The program is run by Glenn Nerbak of the Portland Mentoring Alliance and Antoni Bazia and Ann Smith of Project Bazia. Claire and… Read more »

Five Smart Uses for Your Tax Refund

Nearly eight out of 10 U.S. tax filers will receive a federal tax refund this year. As millions of Americans await reimbursement from Uncle Sam, Norway Savings Bank has highlighted five tips for making the most of their tax refund. “Smart use of your tax refund can start you on the path to long-term financial… Read more »