What Are the Most Common Franchised Industries?

January 27, 2023 by First Federal Bank

Starting your own business from scratch can be daunting if you lack experience or know-how. If you’ve been thinking about striking out on your own, a great way to get your feet wet is by becoming a franchise owner. Franchise businesses are an excellent gateway for entrepreneurs on the grow, especially if you start in a proven industry.

Topics: Small Business

Differences Between an ESA and a 529 Plan

January 25, 2023 by First Federal Bank

As the cost of a college education becomes increasingly expensive with each passing year, it’s imperative now more than ever to start saving money for your child or grandchild’s future schooling. But which account is right for your family? Here’s a look at the two most popular options: Coverdell Education Savings Accounts and 529 savings plans....

Topics: Financial Education

Podcasts to Help Improve Your Cooking Game

January 23, 2023 by First Federal Bank

If you’re looking for a way to improve your cooking skills in a creative way, consider turning toward a helpful podcast! These engaging shows are great for chefs of all levels and are great for learning something new about food and how to prepare it.

Topics: Lifestyle

What Is a Qualified Mortgage, and What Does It Require?

January 20, 2023 by First Federal Bank

Home loans carry certain inherent risks for borrowers and lenders. However, the 2008 financial crisis showed some mortgage risks could pose a threat to the entire economy. As a way to make home lending safer for consumers and everyone else involved, Congress instituted a new form of mortgage known as a qualified mortgage. Here’s a closer look at...

The Basics of Credit Card Balance Transfers

January 18, 2023 by First Federal Bank

Credit card debt can be crushing, especially with high interest rates making it difficult to pay off your principal balance. If you’re struggling to pay down or pay off your balance, a balance transfer may be a route worth taking.

Nutritious Snacks to Support Your Workouts

January 16, 2023 by First Federal Bank

Building a better you requires a multi-front approach. It’s not enough to just hit the gym on a regular basis — you need to back your work up with proper nutrition. Between meals and before, during, and after workouts, you can indulge in delicious yet healthy snacks that help you stay on course with your fitness goals.

Topics: Lifestyle

Tips for Effective Point-of-Purchase Marketing

January 13, 2023 by First Federal Bank

If your business has a physical storefront and good foot traffic, you’re already well on the way to building a success story. But you likely have several opportunities to boost your sales by taking advantage of the space and enticing customers to spend more. That's where effective point-of-purchase marketing comes in.

Owning Vs Renting: Why High Rents Are Worse Than A Mortgage Over The Long Term

January 13, 2023 by First Federal Bank

 

Topics: Mortgages / Home Equity

Shady Loan Scams & How to Identify Them

January 11, 2023 by First Federal Bank

If you’re strapped for cash, it may be tempting to borrow money from any lender that seems to be peddling a good deal. Whether they’re promising great rates, no credit checks, or practically free money, it’s important to remember that some offers are too good to be true. Here are a few common signs that you may be dealing with an unscrupulous...

Supplements That Can Help Promote Relaxation

January 09, 2023 by First Federal Bank

Stress may be an ever-present element of modern life, but managing it is vital for your wellbeing. When stress goes uncontrolled, it can lower your overall quality of life and even damage your mental and physical health. If stress is something you struggle with, taking certain supplements can be a good way to promote relaxation and help you deal...

Topics: Lifestyle

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