The 50/30/20 rule for managing money makes budgeting easy as pie! Imagine a circle (or a pie) cut into ten slices. Five of those slices, or 50%, should go towards your needs, like bills or groceries. Three slices, or 30%, can go towards your wants. The remaining two slices, or 20%, should go towards your savings.
We’ve been made aware of fraudsters impersonating Needham Bank asking customers to verify fake transactions. The fraudsters will ask if you’ve made purchases at major retailers, withdrawn money from an ATM, or if you are traveling. Needham Bank will NEVER ask for your banking credentials or full debit card number via a phone call, email, or text message.
If you’ve received an inquiry of this nature and provided information, please contact our Customer Care Center at 781-444-2100.