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You can get the information you need about our loan programs at our Labels: commercial real estate, home loans, loans, online banking, reverse mortgage, senior interenet banking  According to many sources, the cost of college is increasing some 5 – 8% every year! That is significantly more than our current inflation rate. Grandparents can be of significant help through a variety of savings and investment products that offer tax advantages. According to an article on the AARP website called Saving for College, these options are available:
The article gives a good overview of each option and is an excellent place for you to start figuring out how to help your grandkids go to college. Labels: college costs, grandchildren, grandparents, seniors saving, tuition  No matter where you bank, you want to be able to get your questions and concerns answered in an easy and timely manner. Because Senior BofI is an internet bank, we offer more contact options than many of the more typical banks. You can contact us:
Our goal is to offer you the best possible service. Get full contact information on our Contact page. Labels: internet banking, senior banking, seniors  Older adults often report they have trouble going to sleep at night and that they have trouble staying asleep. But, contrary to a common myth, seniors need as much sleep as younger people, according to an article called Sleep and Aging: The Facts about Seniors and Sleep at About.com’s Senior Living site. That means we should be getting between seven and nine hours of sleep each night. It isn’t always easy! Although there may be specific medical conditions like sleep apnea or restless leg syndrome that prevent seniors from sleeping soundly, more often it’s a matter of establishing or re-establishing regular routines and getting enough exercise. Sharon O'Brien, About.com’s Guide to Senior Living also has an article called Sleep Well: How to Get a Good Night's Sleep that has lots of good tips for sleeping well. Labels: seniors, seniors and sleep, sleep  No matter what kind of an account you have at Senior BofI, you probably want to know exactly how much interest you’re earning. It’s simple, just click on our Interest Rate page.There you will find the current rate for each of your accounts, from interest earning checking to savings, certificates of deposit and money market accounts. If you’d like to see how the various types of accounts we offer compare, that’s easy too. Just click on our Feature Comparison page. Remember, you can contact us any time in many different ways – we’re here to help. Labels: interest rates, internet banking, onlilne banking, senior banking  Lower back pain affects some 6 million people annually according to an article called Back Pain Overview by Anne Asher, About.com’s guide to Back and Neck Pain. Although statistics about how many of these cases are seniors are difficult to find, there is general consensus that as we age we are more vulnerable to low back pain. The same article outlines the types of back and neck pain (they truly are related in many cases), giving perhaps more information than you want, but if you’ve got back pain you probably want to at least scan the article. The final page is also a stand-alone article called Treatment and Prevention of Back Pain. It’s an excellent overview of what you can do to both prevent the problem and to treat it when it occurs. Of course, you’ll also want to consult your medical professional, but having some information ahead of time can ease your pain and help you help your doctor treat you. Labels: back pain, senior health, seniors  One of the advantages of a checking account with Senior BofI is you can pay your bills online. Why is this an advantage? There are lots of reasons, including:
It’s easy to set up and super easy to make changes, all from the comfort of your own computer. Get the details on our Bill Payment page. Labels: bill payment, onlilne bill pay, online banking, seniors  Winter brings some potential health problems for seniors, according to an article called Health Tips For Seniors This Winter. The truth is, the older we get, the more vulnerable we become. Included in the article are ideas for: Much of it is common sense, but the article is worth reading. Labels: senior health, seniors, winter health  If you decide to help your grandchildren learn how to save their money, there will probably come a time when opening a savings account with them or for them only makes sense. Given how quickly children become familiar with the internet, opening an internet savings account for them can give them a way to watch their savings grow. Plus, you’ll be able to teach them about passwords and other internet security issues. Senior BofI offers a variety of savings accounts that can work for both you and your grandkids, including: You can get details and open savings accounts from our savings account page. Labels: internet banks, online banking, savings  According to an article in Forbes, “Teaching kids how to manage money is one of the biggest challenges facing any parent.” As a grandparent, you can help. And one of the biggest helps is teaching kids how to save.Of course, you’ll want to double check with their parents, but getting your grandkids some sort of a piggy bank, even if it’s only a special can or jar, can be the beginning of teaching the value of saving, according to an article called Grandkids and money at CNN Money. As your grandkids begin to get the idea of saving money, you could offer to match their savings, the article suggests, giving them even more incentive. The Mint.org suggests setting up four savings banks – one for saving, one for spending, one for investing/growing and one for giving. However you help teach your grandkids about money, have fun. Labels: grandkids, grandparents, kids, money, savings  Yes, Senior BofI offers a variety of credit cards through our parent, Bank of Internet, including:
Of course, you’ll get a debit or ATM card with your Senior BofI checking account. For details about our credit card offers, visit our credit card page, and feel free to contact us with any questions. Labels: credit cards, online banking, senior banking  The January AARP Bulletin reports that on average, each person who uses credit and/or debt cards carries 8.6 cards! Although there are certainly valid reason for multiple cards, like a debit card for personal use and one that is used for business expenses only, the more cards you carry, the more confused you’re likely to become. But it gets worse. The credit card industry is rapidly changing the rules about how it charges fees, and penalties. In many cases, grace periods are shortening; interest rates are rising, etc. And if that’s not bad enough, a late pay on one card can result in rate raises on some or even all of the cards you have. It only makes sense to simplify as much as you can. And remember, just because you have a credit or debt card, doesn’t mean you have to carry it with you at all times. It may make sense to put some away. Labels: credit cards, senior banking, seniors  A bank that exists mostly in cyberspace like Senior BofI just makes sense. The most obvious advantage, is an internet bank doesn’t need a network of offices – your computer becomes your very own, personal branch. The reason this is so important is two fold:
When you couple internet banking with our outstanding customer service you’ve got a winner. Explore your account options right now. Labels: internet banking, senior banking  AARP, NPR and several other sources have reported a surprising number of seniors are still paying their phone company a monthly rental for their phone. If you’re one, it may not be the best use of your money.  A checking account with Senior BofI earns interest from the first day of your deposit. It’s compounded daily and the interest is paid monthly. As if that weren’t enough, checking with Senior BofI also gives you:
And, if you find yourself charged for ATM fees at other banks, we’ll reimburse you up to $8 a month. Get the details and open your Senior BofI Checking Account now. Labels: checking account, online banking, senior banking  Thinking positive thoughts can help you motivate yourself according to an article at AARP.org called Positive Thinking Can Bring Good Health. The idea is if you think you can do it, you probably can. On the other hand, if you think you can’t, you won’t. The article is aimed at helping people motivate themselves to exercise regularly – a popular New Year’s resolution and one that many find difficult to keep. The site also offers advice on specific exercise programs, including walking, working out, and sports. It’s well known that increasing physical activity increases health and emotional well being, so its worth finding ways to keep at it. Labels: exercise, health, senior exercise, senior healt, seniors  Planning to save more is a great resolution for the New Year. Here are some ideas to help you keep your resolution:
Senior BofI offers a variety of savings accounts. You can find the details on our Savings Page. Labels: savings, senior banking, seniors  If you’re like many, you’re spending some time thinking about last year as well as this brand new year. One good way to look back is with a gratitude list. Given a few moments, it’s often surprising how many things we all can be truly grateful for. Little things, big things and many in between. A sense of gratitude is also a great attitude to bring to wishes, goals and resolutions for the new year. Are you making some resolutions for 2007? We’d be delighted if you’d share them with us… just click on the comments link at the bottom of this entry. It’s easy and fun. Labels: new years resolutions, seniors |
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