The term “inflation” has been circulating in the headlines and on the news for some time now and, unfortunately, doesn’t seem to be going away anytime soon. Put simply, inflation is described as an increase in prices coupled with a decrease in the purchasing power of money.
February began on a high note as investors drew encouragement from strong fourth-quarter earnings reports and encouraging employment data. However, news was not all positive. The COVID-related death toll in the United States reached 500,000. Nevertheless, two vaccines were rolled out last month, with a third one on tap for release in March.
The First Bank Financial Education Center held a webinar on Wednesday, February 24th, 2021 covering the Paycheck Protection Program for First Draw Borrowers, including program details, eligibility, and how to apply with First Bank.
Cybersecurity and fraud prevention are now essential to every business. The impact of fraudulent activity is staggering.
First Bank’s Center for Family-Owned Businesses held a webinar on Tuesday, February 9, 2021 focused on Sound Strategies for your Family Business: How Buy-Sell Agreements Help Protect your Company’s Future.
If your child is old enough to ask for a toy or a bike, they are old enough to start learning financial lessons that will last a lifetime. The best financial lessons are part of everyday experience and can include visiting the bank, shopping at the grocery store, and more.
As your children start to grow, it’s not uncommon for them to start questioning money and how money works. Learn more about three strategies you can use to help you teach your child the value of money.