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ENB Insights

December 12, 2023

5 Simple Steps to Creating a Budget

Making a budget is a smart strategy to achieve financial wellness and meet your life goals. Here are five simple steps to follow.

November 30, 2023

5 Estate Planning Essentials for Entrepreneurs

You’ve worked hard to make your business a success. So, it’s important to ensure that your business can continue to run smoothly and deliver value to your family, team, and customers even if you’re no longer at the helm. It’s a task that entrepreneurs often put off in favor of more pressing day-to-day demands, but it’s crucial to create an estate…

November 19, 2023

3 Homebuyer Challenges a Construction Loan Can Solve

Existing home inventory is low. This is excellent news for sellers. National Association of Realtor data found existing single-family home prices increased by 4.3% during the second quarter of 2019. In this environment, listing homes at the higher end of the market is unlikely to deter eager buyers. Increased housing demand and low inventory can lead to homes selling quickly, at or above the asking price.

November 18, 2023

12 Ways to Protect Your Mobile Device

Your mobile device provides convenient access to your email, bank and social media accounts. Unfortunately, it can potentially provide the same convenient access for criminals. Ephrata National Bank recommends following these tips to keep your information – and your money – safe.

November 17, 2023

6 Tips for Preventing Credit Card Chargebacks

As a business owner, you have more important things to deal with than credit card chargebacks. They can be time-consuming and expensive. Here are some tips to help avoid them:

November 15, 2023

Teaching Good Savings Habits in Kids: The Missing Link

Marshmallows and savings habits might have a lot in common. A Stanford University study, led by Dr. Walter Mischel, highlighted the power of delayed gratification. The series of studies began in the early 1960s by examining the reactions of preschoolers when given a set of seemingly simple choices:

November 09, 2023

Understanding Home Appraisals

Before your lender will let you buy a new home, you’ll need to have it appraised. This is an often overlooked but important step in your homebuying journey.

November 07, 2023

Liquidity Ratios: What They Are & 3 Ways to Calculate Them

Liquid assets are your business’s lifeblood. Maintaining a strong liquidity position enables your company to weather temporary disruptions, secure affordable financing, and pursue sustainable growth. To gain a full perspective on this element of your finances, you’ll need to understand liquidity ratios. In this article, you’ll learn what liquidity ratios are, how to calculate and interpret them, and how to optimize…

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