Monthly Archives: July 2011

Raising money for kids using Facebook

The Franciscan Hospital for Children website tells the story of Jake, a nine year old boy who came to the Hospital for rehabilitation, after illness left him paralyzed. Today, Jake (pictured left) is on track to recover completely. His story, and so many others about The Franciscan Hospital’s patients and staff have inspired Cambridge Savings Bank over the years.

When we contacted the Hospital about partnering to raise money and awareness through social media, they were excited to give it a shot. We came up with a plan and set a goal–throughout August, we’ll donate $5 to Francsican Hospital for Children for every new like we get to our Facebook page, up to $5,000. Our hope is that during the month, we’ll develop a social media community that is invested in social responsibility and is eager to engage in great conversations.

Your support for FHC doesn’t need to stop at joining our Facebook community. There are other ways, like volunteering your time, you can give to the kids. Click here to learn more.

Want more details about the social giving campaign? Visit our website for more information.

Why is budgeting so hard?

Creating a budget can be hard. Sticking to one sometimes seems impossible. Share your biggest budgeting soft spots with us!

What is CSBsmart and why do we do it?

Recently, Evan Diamond, the Financial Education Program Manager at Cambridge Savings, was interviewed by the Boston Globe about the importance of financial education. You can read the full article here.

He helped shine a light on the lack of financial education available in our community, especially to youth and minority groups. “When I asked a group of students how much a new home is worth, one responded “$2,000?” This answer highlights the vital need for financial education,” said Diamond, who said there are many financial urban myths, even among adults, who often struggle with sound budgeting.

CSB established the CSBsmart Financial Education Program to fulfill a vital need for reliable financial knowledge. The purpose of the program is to contribute to the economic development of our communities and to the well- being of the people who live and work here by: 

  • Developing and delivering quality programs on a wide variety of financial topics to community members of all ages and economic backgrounds 
  • Helping community members take steps toward reaching their financial goals 
  • Empowering individuals by educating them to develop a broad range of money management skills

Click here to learn more about CSBsmart.

Welcome to Our Blog

Thanks for stopping by!

At Cambridge Savings, we are inspired by our customers’ desire to learn about how personal finance issues affect them and their community. We know banking and finance can be overwhelming at times and it is our goal to provide timely, interesting, and relevant information and answer your questions.

We hope this blog will be a source of information, collaboration and entertainment over the coming months and you will refer to it often. We aim to allow for as much interaction as possible– you are encouraged to leave comments and stories, send your questions and offer ideas for blog posts.

You can also connect with us on other social networks by clicking on the icons to the right. We’d love for you to be part of our growing community all over the web.

Enjoy reading and let us know if you have any questions!

Follow

Get every new post delivered to your Inbox.

%d bloggers like this: