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Belmont Savings Presents New Season of Mahoney Money Minutes

Posted on July 28th, 2014 at 4:41 PM

BELMONT - Belmont Savings Bank President and CEO Bob Mahoney recently released several video blogs on family finance with special emphasis on speaking to kids about money. The short videos – known as the “Mahoney Money Minute” –provide helpful advice on a variety of home finance and parenting topics.

The videos are:

  • Allowance Options for Kids focuses on different options that exist for allowances and which strategy worked best for Bob and his family.
  • College Financing explains the fundamentals of 529 college savings plans, which most state governments offer.
  • Teaching Your Kids About Savings offers several tips and tricks for parents imparting the values of saving and financial planning.

“With every stage of your child’s life comes a new financial challenge,” said Mahoney. “From starting early to planning for college to setting allowances and helping kids learn about being responsible with their money, there’s a lot to consider. I hope these short video blogs offer information parents are looking for."

“Mahoney Money Minute” videos are quick and helpful vlogs from Bob to offer information on financial matters. As a father, Bob often lends his own unique personal experiences about what has worked for his family. To view them all, please visit here.

Any information found on the "Mahoney Money Minute" is meant to be used for informational purposes only. Personal finance is something that varies by individual depending on your financial goals. For financial advice, please consult a professional.

About Belmont Savings Bank

Belmont Savings Bank is a $1.1 billion, full-service Massachusetts savings bank dedicated to quality, convenience, and personalized service. The Bank builds on a proud history of financial strength and a tradition of active involvement in the community. Belmont Savings Bank provides a full range of banking services for professional commercial real estate investors, developers and managers as well as individuals and local small business owners through two full-service offices in Belmont, one full-service office in Watertown, and three full-service Shaw’s supermarket branches in Waltham, Newton and Cambridge. Find out more information by visiting: https://www.belmontsavings.com or Like Belmont Savings on Facebook. Member FDIC. Member DIF.

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