The holiday season is often thought to be the happiest time of the year. Unfortunately, during the holidays, many criminals see the hustle and bustle of the season as an opportunity to trick you into unknowingly providing your bank account information and/or personal data. To ensure you don’t let bad actors ruin your holiday fun, First Bank is providing six tips to keep in mind this season.
You might have heard of the term compound interest before and the benefits it can have on your finances. A compound interest account is any account that pays you interest on your principal and interest, not just your original deposit.
CD laddering is the process of spreading cash across various CD maturity terms and rates. Learn more about CDs and laddering to elevate your savings strategy.
Regardless if you’re just starting out, starting over, or are somewhere in between, it’s important to include saving for the future as part of your financial plan. Designed to safeguard your money until you need it, a savings account is a secure place to deposit your money while building up your savings over time.
Being able to send your child to college is near the top of the wish list for most parents. But, that diploma doesn't come cheap. The best thing to do is to start saving as early as possible, even if you're able to save only a small amount at first. Read more about college savings strategies.
The 2024-2025 school year is quickly approaching, which means school supply shopping is also on the horizon. A new report indicates that parents of school-aged children or college students, are expected to pay an average of $541 this year on supplies and clothing.
If you’re just getting started or have decided it’s time to start building up your short or longer-term savings, you may be wondering if a traditional savings account, a high-yield savings account, or a Certificate of Deposit (CD) is the right solution for you. Let’s take a closer look at three popular, non-retirement savings options.