It’s no surprise that paying for college is one of the biggest stressors for young adults. Many students depend on savings from their parents, student loans, and work-study programs to cover their costs. With the impending economic downturn and the elimination of work-study programs on campuses that have gone remote, the challenge can feel impossible to tackle right now.
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At Home Essentials on a Budget
Summer is over and the kids are back to school. Any other year back to school would be business as usual. With COVID-19, for most local kids back to school really means buckling down at their kitchen table to attend school virtually. Is your house prepared for you to work from home and have your kids schooling from home? We have a few tips to get set up while on a budget.
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What to Do With Your Stimulus Check
We’ve been working hard out in the community doing what we can to provide businesses and individuals some relief in this trying time. We’ve already seen the impact that COVID-19 has had on our communities but we are optimistic about our resiliency. It’s our responsibility to make sure you’re equipped with the information you need to make it through this period of uncertainty.
Learn more about the Economic Impact Payments and how you can put them to good use.
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Benefits of Banking Locally
It’s a seemingly age-old question: Should you bank with a national bank that offers all of the newest bells and whistles in banking? Or do you bank with a local bank that offers simpler services but is rooted in your community?
It’s a hard question to answer. If you travel often, it can be tempting to open an account with a bank that you can find in other localities across the country. But being able to walk into a bank where someone know your name comes with its own set of benefits.
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How to Navigate Loss of Income from COVID-19
Nothing is more challenging or stressful than an unexpected loss of income. Many people in our community found themselves furloughed as a result of the COVID-19 pandemic. While some are finally returning back to work, the financial impact of this crisis will last much longer. Things won’t be easy, but we’re in this together. The key to surviving such a setback is to create a plan and take proactive steps to protect yourself from future challenges and forge better habits for long term success.
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How Local Business Are Adapting to the New Normal
The Alleghany Highlands community has always been known to lift each other up in times of crisis and their response to the COVID-19 pandemic has been no different. While the hospitality may not look the same as it has in the past, and you can’t see the typical smiles for being covered by masks, resilience and hope remains the common tone for local business owners.
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