One crucial element that can significantly impact your business’s financial standing is credit. Just as individuals rely on personal credit scores, businesses need to establish and maintain strong credit to access financing, secure favorable terms, and build trust with partners and suppliers. Let's explore four methods to build business credit:...
First Federal Bank is pleased to have supported Haven Hospice's Holidays with Haven at the Blanche event. In addition to being a sponsor, the bank’s President and CEO, John Medina, served as the emcee for the evening. Those in attendance likely noticed his festive hat and jolly hosting style.
Whether you’ve just landed a big promotion or you’re out of work, it’s often a struggle to adjust to a seismic shift in your income. Here are some simple tips to help you stay the course when your financial situation changes: Do a budgetary check-up If you’ve recently lost a chunk of your income, financial education consultant...
Topics: Financial Education
Can you relate to any of these scenarios?
Topics: Financial Education
Did you know there are TWO Back-to-School Sales Tax Holidays each year in the state of Florida? Traditionally, families have taken advantage of these savings as the summer comes to an end. But there is a second tax holiday in January as well. For 2024, it will begin Monday, January 1 and end on Sunday, January 14. That's two weeks of savings!
Topics: Financial Education, Lifestyle
Homeowner’s insurance is a necessary but costly expense to safeguard the money you’ve invested in your house. Yet you may be paying more for home insurance than you need to. There are ways that you may be able to reduce your rates and keep more of your money for improving your house instead of insuring it:Ask about discountsHere is an easy...
Topics: Financial Education, Homeowners
Whether you’re planning for yourself or a loved one, heading to college involves major decision-making. What will you study? Should you stay close to home or spread your wings? Is a traditional college experience right for you? Or is an online program the way to go? Probably the most stressful concern is how to pay for higher education. That’s...
Topics: Financial Education
From cheesy TV movies to huge theatrical releases, the holiday season looks to be quite promising for new media. Here’s a preview of what’s to come later this year so you can get into the holiday spirit:“A Biltmore Christmas” (Hallmark)Two Hallmark Channel favorites, Bethany Joy Lenz and Kristoffer Polaha, star this romantic, time-traveling...
Topics: Lifestyle
You’ve already spent time and effort hiring the right candidate, so make sure you don’t drop the ball when you get them plugged into your staff. An effective onboarding process will ensure any new hires will be able to seamlessly graft into the workplace.Begin well before they arriveBegin the onboarding process 1-2 weeks before their first day...
Introducing your child to the world of finance should start at a young age and adapt in complexity as they grow. When the lesson of the day (or year) is all about saving and investing, consider using a certificate of deposit (CD) as a teaching tool. A CD will illustrate to your eager student how saving a portion of their allowance or earnings can...
Topics: Personal Banking, Financial Education, Family