Things to Do on a Budget in Monmouth & Ocean Counties this October 2019

It’s officially fall – and October is one of the best and most beautiful weather months in New Jersey. Get the family ready for an action-packed month filled with fun fall and Halloween activities. Check out these free or inexpensive events happening in a town near you!

October 5:

Holmdel Harvest Fest from 12-9pm at Bayonet Farm. Join the 7th Annual Harvest Fest on Middletown Road, which includes food vendors, crafters, beer/wine in the Red Barn, wagon rides, pony rides, inflatables, a Ferris Wheel, carousel, touch-a-truck, live music and more! Parking is $10 per car. Find out more here.

Matawan Day and Fall Festival from 12-5pm on Main Street. Don’t miss this annual event in which thousands of people make their way down Main Street in Matawan to visit over 120 booths and tables of crafters/artisans, retailers, food vendors, local restaurants,  professionals, and non-profit organizations who are ready to showcase their products and services. Learn more here.

Asbury Park Zombie Walk from 4-8pm at Convention Hall. You won’t want to miss the world’s largest gathering of zombies! There will be music and festivities along the boardwalk and a “blood red” fireworks show along the ocean front. Get the details here.

October 6:

Sunflower Festival at Holland Ridge Farm (Cream Ridge) from 9am-6pm. Wander through towering rows of sunflowers, stroll through the barns, visit the animals, and check out the museum and Holland Shop. Same day adult tickets are $12 each, $10 for seniors, $8 for children 3-12, and kids under 3 are free. Discounted tickets are available for purchase online in advance. See more information here.

Pierfest Annual Fall Festival (Long Branch) from 12-5pm. There will be face painting, inflatables, a photo booth, fun bus, vendors, crafters, live music, and great food & drinks from surrounding restaurants. Rain date will be October 13th. Find out more at http://www.pierfest.com/

October 11: Haunted Theater at Brookdale Community College (Lincroft) from 7-10:30pm. Celebrating 17 years of scares, Brookdale Performing Arts Center’s Haunted Theater is locally regarded as one of the scariest Halloween attractions in Monmouth County. This indoor, self-guided walk through haunted house maze – features pitch black zones and special effects, all contained within the walls of the Performing Arts Center. Find out additional details at http://brookdalehauntedtheater.com/

October 12: Fall Afternoon Tea at 600 Main Bed and Breakfast (Toms River) from 12-4pm. Welcome the fall season with a five course afternoon tea and tours of the Victorian Historic Mathis House. Cost per person is $37 and includes soup, salad, scones, tea sandwiches, desserts, and favorite fall gourmet teas (pumpkin spice, harvest glow, and cinnabon). Register here.

October 12 & 13:

Jersey Shore Cake and Cookie Convention from 10-4pm at Convention Hall (Asbury Park). A place where professionals and hobbyists can shop hard to find supplies, learn new techniques, meet face to face with cake and cookie idols, all while having fun and meeting new sweet friends. Hosted by Shore Cake Supply, this event will be bustling with nationwide supply vendors, live free demonstrations, competitions, hands on classes and so much more! Find out more information here.

Allentown Fall Festival from 10am-5pm. There will be crafters, a civil war re-enactment, classic car show, live entertainment, a petting zoo, contests, kids’ activities, and great food! A shuttle bus will be available leaving from Allentown High School. Learn more here.

October 14: Pumpkin Fest at Delicious Orchards in Colts Neck from 11am-4pm. Come spend your Columbus Day off at a fun-filled family event featuring crafts, games, live music, local food samples, and an antique tractor display. Get more information here.

October 15 & 16: Flavor of Freehold from 5:30-8pm on Main Street in Downtown Freehold. Don’t miss this unique tour of Downtown Freehold’s restaurants, bars, and shops. Walk from place to place with your event passport, and receive signature samples from some of Freehold’s most well-loved establishments. The cost to attend is $20 per person. Learn more and purchase your tickets here.

October 18 & 19: Haunted Allaire from 6-9:30pm at Allaire Village (Wall). Don’t miss the haunted village and hayride tour of Allaire State Park. This year features a new route along with 20 different scary scenes, plus visit the grounds and see scary storytelling, stop into the bakery and check out the haunted food truck. Advanced ticket purchase is required – adults are $15 each, children 12 and under are $10 each. Learn more and reserve your spot today!

October 19: Fall Movie Series at Pier Village (Long Branch) from 6-8:30pm. Don’t miss this showing of the Goonies in the outdoor cinema on Festival Plaza! Bring your favorite beach chair and blanket and relax under the stars. Find out more here.

October 19 & 20: Boo at the Boardwalk (Pt. Pleasant) from 12-4pm. There will be trick or treating, crafts, games, a pumpkin patch, a beach maze, pumpkin carving, rides, and more! Find out the details here or call 732.892.0600

October 20: Thompson Park Day (Lincroft) from 11am-5pm. You won’t want to miss this family-friendly autumn event! There will be a costume contest for dogs, pumpkin painting, wagon rides, entertainment, races, food vendors, ceramics, pottery, archery, canoeing, climbing wall, games, contests and more! Free admission and free parking. Learn more here.

October 25: Mad Science Halloween at the Monmouth Museum (Lincroft) from 6-7pm. This presentation will have you gasping and laughing at the Mad Scientist’s peculiar and chilling science experiments. Through a mixture of science and magic, children will see a paper spider turn into a real spider. Watch as the wicked witch melts right before your eyes! Find out how an eyeball floats in the air, then make bubbling potions and fearsome fog, experience melting witches and even edible spider webs (cotton candy)! All will have an evening of gruesome goodness and fun. Find out more here.

October 26: Halloween PJ Party at Robert J. Novins Planetarium (Ocean County College, Toms River) from 12-1:30pm. Come in your favorite Halloween costume or Halloween PJs for a not-super-spooky good time! Learn about the planets, moon, and stars in October’s night sky. Listen to stories of monsters, heroes, and princesses in the stars. Sing along to Halloween themed laser songs, and make a special Halloween themed craft before the show. Cost is $10 for all ticket levels ages 3 and up. Find out more here.

October 26 & 27: Not So Haunted Wine Fest at 4JG’s Vineyard (Colts Neck) from 12-5pm. The spells are friendly and the brews are delicious! Must be age 21+ in order to drink alcoholic beverages. Learn more about the wine walk weekend here.

October 27: Bullock Farms Fall Fest (Cream Ridge) from 10am-6pm. There will be hay rides, live music, food, pumpkin picking, a corn maze, flower walk, barnyard animals, facepainting, a balloon artist, farm yard lawn games, a straw bale slide mountain, tractor tire jungle, and more!  Kids under 2 are free. Find out more information here.

 

How to Save Money and Still Have Enjoyable Work Lunches

Your work lunches don’t have to be boring, or expensive either.  Is it really a good idea (or good for your budget) to continually buy lunch out 5 days a week though? This can quickly add up to spending anywhere between $1,000 and $5,000 extra per year – depending on where you go and what you order. That’s a pretty large chunk of change! Below are some money saving tips to keeping your work lunch budget in check (and exciting to eat).

Pack Leftovers

Working people have been packing lunches for years. Before there was an office cafeteria or restaurants around, this is the way it was. Leftovers from your dinner the night before make the perfect lunch for the next day at work. Purposely make more food for dinner than you expect to eat. Put the rest in a lunch portioned container and enjoy it the next day. If you don’t want the same meal the next day, freeze it and have it for lunch one day the following week. This also makes your morning routine easier too. Grab your pre-packed lunch from your fridge or freezer and head out the door. It doesn’t get much simpler than that!

Plan Ahead

Sit down and look at the grocery store circulars when they arrive, or visit your preferred store’s website to view the weekly specials. Which meats and cheeses are on sale this week? Determine how much you need for the week and buy just that. When you have a plan in place you are much more likely to follow through on making your lunch and not wasting your money or food supply. Preparing your lunch in the evening is another way to improve reliability. It is much easier to find five minutes to prepare your lunch before bed than it is to find extra time in the morning. This way it’s done ahead and you won’t talk yourself into just buying lunch that day in the morning when you are rushing around.

When You Have to Eat Lunch Out

Sooner or later, even if you usually pack your lunch, you are probably going to end up eating out at some point. What options will allow you to stick to a budget?

  • The Dollar Menu – There is nothing wrong with ordering off the dollar menu. A sandwich, drink, and fries comes out to $3 plus tax.
  • Coupons – Go out with a coworker, look for a buy one get one free coupon, or one that offers 50% off a second meal. Drink water or share an appetizer.
  • Eat Small – Restaurants typically offer generous portions, so a full-sized entrée is probably more than you may be able to eat for lunch. Order an appetizer as your meal instead. You will save money, enjoy eating out, and get plenty of food.
  • Split a Meal – If you are close with your coworker, you might want to try splitting an entrée to save money on both ends. If you have a refrigerator in your office to store leftovers, eat half the meal and store the rest at work for the next day.

Work lunches shouldn’t be a large part of anyone’s budget. Planning is the key to enjoying your lunch and saving money at the same time!

Article Source:  Moneyning.com

 

6 Ways to Avoid Going Out to Eat

Probably the most common piece of personal finance advice out there is to save money by avoiding restaurants. It sounds so simple: cook at home or brown bag it. For some people, this can be tough.  Here are a few suggestions that can help you if you find it hard to avoid the temptation to go out to eat your meals.

1. Think about why you like to go out to eat.

Is the food better than you can make at home? Do you enjoy the convenience? Are you too tired at the end of the day? Do you find it difficult to cook at home because of a lack of organization and planning? If you know more about why you like to eat out, it will be easier to find a solution that meets your needs. After all, you can have a fully stocked fridge and a gourmet kitchen – but if you’re too tired or unmotivated to cook, you may give into the temptation of dining out.

2. Think about any negatives of going out to eat.

Perhaps you don’t like the noise in restaurants or having to wait for service. It can be a hassle to find parking and time consuming. Restaurants cost a lot of money, the food is often less healthy than homemade, and the portions are larger.

3. Find a way to eat home cooked meals that work with your schedule.

For some people, it’s weekly menu planning. Others may stock their freezers with frozen entrees or live on sandwiches, salads, fruit and cereal. If you aren’t sure how to organize and plan a week’s worth of meals, you can find a wealth of resources like shopping lists and recipes online.

If you don’t love to cook, you can always assemble instead. Why not stock your fridge with ingredients for sandwiches and salads? Many crock pot recipes also take very little effort and can be made well ahead. Restaurant food is great, but remember they generally use more fat, salt and sugar than we normally would at home.

4. Find the right balance in your life.

If you don’t have the time or energy to prepare food at home, it’s time to look at your schedule and find out what you can cut to get that time and energy back. If you have a partner or older children, there is no reason why everything should fall on one person. Even if they are not able to cook, they can help our with some of the other household chores to give you a break.

5. Take care of yourself.

If you’re not getting enough sleep and working long hours, it could be difficult for you to resist the temptation to eat out and have the energy to make smarter food choices. Many times we look at eating in a restaurant as a small treat for ourselves or a break from other responsibilities. By eating in a restaurant you won’t have to cook, serve, or clean up – all you need to do is order, eat, and pay the bill. It’s important to have things in our lives that make us feel good too. If restaurants filled that role for you, you’ll want to find something else that invokes similar feelings and is good for both your wallet and your health.

6. Remember that it’s still okay to go to restaurants, once in awhile.

Be sure to fit eating out into your goals for spending and healthy eating. If going out to eat is not completely off limits, it can make it easier to resist instant gratification. Try to choose places that are memorable and offer you a unique dining experience, without being overpriced.

Article Source: David Ning for Moneyning.com

How to Make Your Money Work for You

Every day you hustle. You’re working hard for your money, but have you ever stopped to think about how your money can work for you?

Making your money work for you goes beyond an emergency fund or simply being debt free – although, both concepts are a necessity in this instance. It’s about taking the money you’re already making and making it generate returns for you.

But, how? There’s no simple answer or even a single way to do it, but these tips can help you get started.

Get out of debt.

First things first, if you have debt – get rid of it. After all, you can’t invest in your future if you’re giving your money to other people or lenders. The first step to a debt-free life is figuring out exactly how much you owe. Most people don’t even know how much debt they’re in, according to a study from The Federal Reserve. Once you know how much debt you have, decide how you’re going to pay your debt off.

Budget.

The most important way to change the way you handle your money is to budget. By creating a budget, you are telling your money what you want it to do. When you assign each dollar into a category, you’re controlling where your money goes and what it does. It’s a great first step in reaching your financial goals. Think about it this way: your budget is like a fitness tracker in that it helps you monitor your money. When you monitor your money and know where it is and what it’s doing, it’s easier to make it do what you want it to do.

 Utilize retirement accounts.

Don’t sleep on opportunities to invest in a 401(k) or Roth IRA. A 401(k) allows you to contribute pre-tax money into your account, and you may even be able to get free money from your employer in the process too. Think about it like this: You earn $100,000 a year and your company offers a 3% match on your 401(k). If you invest $3,000 (3% percent of $100,000), and your company matches that – $6,000 will go into your 401(k). A Roth IRA works just a little differently. Unlike the 401(k), a Roth IRA leverages after-tax income. However, when you begin to withdraw the money at retirement, you won’t pay taxes on your withdrawals.

Start a side hustle.

Uber, GrubHub, Instagram – all of these companies began with an idea that blossomed into billion dollar companies. What’s your passion and can you turn that into a billion dollar idea? Consider starting a side hustle and find ways to make some extra money. It could be a traditional second job, a work-from-home job, or turning your ideas into ways that add to your savings. If you can structure your budget and expenses around your primary source of income, any money you make from your side hustle ideally would go straight into your savings.

 Create passive income streams.

Passive income is money you earn with little to no effort involved. Once it’s set up, passive income will earn you money while you sleep. For example, a rental property is a source of passive income. Creative passive income does require some type of investment upfront, whether that’s time, money or both – but it’s an investment that can lead to a bigger payoff later.

Building your future is important, and it takes a lot of hard work. At First Financial, we’re just as interested in your future as you are. We want to help you take the necessary steps to make your financial dreams come true. Maybe you need to consolidate your debt or look at options to pay off some debt. Maybe you’re looking to refinance your car in order to lower your payments and save a little money each month. Whatever it is, we’re here to help you. Stop by and see us or give us a call to get started!

4 Hacks to Raise Your Credit Score

Your credit score. Chances are you either love it or hate it. It’s either the greatest thing in the world or a total hindrance. Or, maybe you don’t really know enough about your credit score for it to make an impact on your life.

As a whole, Americans’ credit scores are beginning to increase but our knowledge of credit and how it works is declining. A recent survey from credit scoring company Vantage Score and the Consumer Federation of America, found that 32% of the people surveyed didn’t know they had more than one credit score.

Let’s forget about how many credit scores we have for a second and answer a very basic question: What is your credit score? 

Your credit score is a three digit number ranging from 300 (the lowest possible score) to 850 (the highest score). Lenders use your credit score to make decisions about whether or not to offer you credit – such as a credit card, car loan or mortgage. Your credit score is also used to determine the terms of the offer – such as what your interest rate will be.

Your credit score is calculated by looking at these categories:

  • Payment history
  • Your debt-to-income ratio
  • Total debt
  • Length of credit history
  • Types of open credit
  • Public records (such as bankruptcy)
  • Number of inquiries on your credit report
  • New credit

So, what is considered a good credit score? 

The average credit score in the United States ranges between 670 and 710. According to Experian, a “good” credit score is anything that falls between 661 and 780, which is about 38% of the population. Usually, if an applicant falls in that “good” credit range, they’re likely to be approved for credit at competitive rates.

Now that we know what a credit score is and what classifies as a good one, the next question to look at is: Why does your credit score matter? 

Think of your credit score like a report card you used to get while you were in school. Your report card measured your progress during the school year, and your credit activity puts you into a scoring range. But, unlike grades – credit scores aren’t stored as part of your credit history. Instead, your score is generated each time you apply for credit. Fact: It actually negatively impacts your credit score if you have multiple inquiries in a short period of time.

What are your major financial goals? Buying a home? Buying a car? Chances are, your credit is likely going to be a factor in framing that financing picture. Your score will actually tell a lender whether or not you qualify for a loan and how good the terms of the loan will be. For instance, the lower your credit score is, the higher your interest rate on a loan will be.

If you’ve looked at your credit report and you’re surprised to see it’s lower than you thought, there are simple ways to fix that:

  • Pay your bills on time. That goes for ALL your bills – not just credit cards and loans. Fact: Payment history is the most heavily weighted factor of your credit score. It makes up 35% of your total score.
  • Keep your credit card balances low. Credit history accounts for 15% of your credit score, so keep those old accounts open even if you don’t use them.
  • Space out your credit applications. Each time you apply for a line of credit, the inquiry is noted on your credit report. One or two inquiries aren’t a huge deal, but when you have a bunch within a two year period, it can cause your score to fall.
  • Mix up your credit. Your credit mix, or the types of credit accounts you have, makes up 10% of your credit score. Basically, lenders want to see that you can use different types of credit responsibly.

Credit doesn’t have to be scary or overwhelming. There are many responsible ways to start out slowly and build worthwhile credit for the future. First Financial can help! Are you looking to build or establish credit? We have a number of ways to start you on the right path. Stop by one of our branches today or give us a call. You can also check out our credit management guidebook on our website, for some additional tips.

Do You Know Your Credit Card’s APR?

This year wasn’t kind to credit cardholders’ wallets. In 2019, cardholders paid an average of 17% APR – the highest level ever recorded by the Federal Reserve since 1994. To put it into perspective: In 2009, the average APR registered just under 13% and in 2016 it hovered around 12.5%.

Even the maximum APR has climbed significantly. Financial institutions typically offer a wide range of APRs. As a result of the increase, maximum APRs are around 25% with the median standing at 21%. Wow, that is high!

So, what does this mean for you?

It means you’re likely paying more in interest than you’ve ever paid. However, there are several ways around paying high interest rates that will help you in the long run.

Avoid balance carry over. Ultimately, the best and most responsible way to use a credit card is to pay off the balance monthly. By paying your balance in full each month, you avoid paying interest while reaping the benefits a credit card has to offer. Plus, it helps improve your credit score.

Avoid spending more than you have. We’ve all done it. We have a credit card for emergencies only, but something comes up we really want, and it finds its way onto the credit card. Next thing you know, there are multiple unnecessary purchases on there that you’re trying to pay off. The best habit to get into is not spending more than you can pay off monthly. The more you put on a card, the more interest you’re going to be charged.

Do your research. If you’re thinking about signing up for a credit card, do your research. First of all, know your credit score. That’s going to be a huge factor in determining your APR. Also, consider why you want a credit card. Are you looking for cash back options? Do you want to earn rewards points or airline miles? Don’t apply aimlessly. Look at the specific types of cards that are designed for the purpose you want and see which card best suits your needs.

Obtaining and maintaining credit by using credit cards doesn’t have to be a scary experience. First Financial’s Visa Credit Cards offer benefits that include higher credit lines, lower APRs, no annual fees, no balance transfer fees, a 10-day grace period, rewards (cash back or on travel & retailer gift cards), an EMV security chip, and more!* And they can be used anywhere Visa is accepted. Click here to learn about our credit card options and apply online today.

 *APR varies up to 18% when you open your account based on your credit worthiness. These APRs are for purchases, balance transfers, and cash advances and will vary with the market based on the Prime Rate. Subject to credit approval. Rates quoted assume excellent borrower credit history. Your actual APR may vary based on your state of residence, approved loan amount, applicable discounts and your credit history. No Annual Fees. Other fees that apply: Cash advance fee of 1% of advance ($5 minimum and $25 maximum), Late Payment Fee of up to $25, Foreign Transaction Fee of 1% plus foreign exchange rate of transaction amount, $5 Card Replacement Fee, and Returned Payment Fee of up to $25. A First Financial membership is required to obtain a VISA Credit Card and is available to anyone who lives, works, worships, volunteers, or attends school in Monmouth or Ocean Counties. No late fee will be charged if payment is received within 10 days from the payment due date.