Author: Team SESLOC

Holiday Gift Guide

The 2021 Central Coast Holiday Shopping Guide

Looking for a little inspo for the perfect gift (or maybe even your own wish list)? Small Business Saturday is officially observed on November 27 this year, but we recommend shopping small and looking local the whole holiday season (and year-round). Check out our handy Central Coast holiday shopping guide: Shop Local Shopping locally puts… Read more »

Holiday Shopping Guide

5 Tips for Your Holiday Shopping Strategy

The holidays are here — are you ready? Here are 5 tips for your holiday shopping strategy: 1. Take Inventory Before you head out shopping or get tempted by a holiday sale, take inventory of what you already have at home. Last year’s wrapping paper or cards might do the trick this year and save… Read more »

Charitable Giving

Charitable Deductions

ASK A FINANCIAL PLANNER   What is the Charitable Deduction? The charitable deduction allows you to deduct the value of property you give to charity from your estate and may reduce any federal gift and estate tax that may be owed. Charitable gifting allows you to satisfy your personal philanthropic desires and fulfill your estate… Read more »

Online Banking

7 Tips for Banking on the Go

Manage your accounts any time, anywhere with Online Banking and the Mobile App. You might already know you can pay your bills or transfer money, but did you know about these five handy tools? 1. Open a New Share or Certificate We’ve made it even easier to save for and keep track of your savings goals. Open… Read more »

Local Business

7 Ways to Use a Business Revolving Line of Credit

For businesses that find their cash flow isn’t a steady stream month-after-month, a Revolving Line of Credit (RLOC) is a valuable tool. This loan helps smooth cash flow fluctuations due to inventory needs, timing of accounts receivable or seasonality of a business. Similar to a credit card, you pay interest only on the amount drawn, and… Read more »

Family Care Network

SESLOC Spotlight: Family Care Network

SESLOC Spotlight highlights local organizations that make the Central Coast the best place to live. Today we’re shining the spotlight on the Family Care Network. FCNI supports local families and children with programs and resources dedicated to behavioral health, community, education, and housing. Eryka Santoyo, Community Resource Development Manager, shares: Family Care Network Industry: Nonprofit… Read more »

Retirement

RMD Roundup: A Few Key Updates About Required Minimum Distributions

ASK A FINANCIAL PLANNER   As we approach the end of 2021, now might be a good time to take a closer look at a few developments surrounding required minimum distributions (RMDs). What Are RMDs? Once you reach age 72, you are required to take minimum distributions from your traditional IRAs and most employer-sponsored retirement… Read more »

Credit Score

Your Credit Score and Identity Theft

Did you know that your credit score can be one more indicator of identity theft? Your credit score is typically used as an indicator of your experience using credit, and is obtained by potential lenders, landlords, and employers as an important indicator of how you have used debt in the past. However, your credit score… Read more »

Holiday season

This Holiday Season, Could Less Be More?

Another holiday season is upon us, and for the second year in a row, the impacts of COVID will likely color the celebrations. While the season is an opportunity to focus on the things that matter most in life, exchanging gifts is a long-standing tradition and a way to share joy with loved ones. Gift-giving is… Read more »

Get Smart About Credit Card Debt

Get Smart About Credit Card Warning Signs

If keeping up with credit card balances has become a challenge, it’s smart to assess your overall financial picture and your spending habits. Remember: taking on credit card debt is borrowing money you haven’t earned yet. It is smart to keep the focus on this fundamental truth. To get smart about credit cards, be aware… Read more »