As you plan your retirement finances, be sure to take health care costs into account. Even though Medicare will cover a large chunk of your expenses, it’s likely you’ll still need to pay premiums and deductibles, vision and dental, long-term care, and more. In fact, according to Fidelity’s 2023 Retiree Health Care Cost Estimate, the average couple...
There’s so much that can be done with greater ease online, and that includes managing your money. Online banking is a feature offered by nearly every type of financial institution, and it offers a great deal of convenience and flexibility. By learning how to leverage online banking — and how to keep yourself safe in the process — you can take...
Topics: Personal Banking, Financial Education
What are Social Media Scams? In social media scams, scammers use social engineering to bait victims into sharing personal or financial information, clicking on links, or downloading harmful software or applications.
Topics: Financial Education, Lifestyle
Chronic inflammation is associated with a long list of serious health conditions, including cancer, heart disease, and diabetes. Fortunately, incorporating certain foods and drinks into your everyday diet can help to ward off inflammation, reducing risks to your health and boosting your overall wellbeing.Why is it necessary to fight inflammation?
Topics: Lifestyle
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:...
Topics: Small Business
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