Pay Off Debt or Invest?

June 01, 2022 by First Federal Bank

Is it better to invest your money or use it to pay off debt? The answer to that question depends on many factors, like your investing options, the amount you owe, interest rates, and even your age. But as a rule of thumb, you should try to do both. Before you do, here are a few things to consider:

Topics: Financial Education

Tips for Maximizing Your Office Space

May 30, 2022 by First Federal Bank

Whether your team works in an office, retail space, stockroom, or warehouse, finding ways to maximize that space can be difficult. Here are some tips on utilizing as much space as possible in your work area:

Topics: Small Business

Should You Try Glamping on Your Next Vacation?

May 27, 2022 by First Federal Bank

Glamping is the pairing of glamour and camping, which seem to be two diametrically opposed notions. The first is about luxury, glitz, and the utmost relaxation, while the latter concerns itself with few creature comforts — although with a definite appreciation of the great outdoors. Mixing the two results in a one-of-a-kind experience that you can...

Topics: Family, Lifestyle

How to Properly Handle a Business Tax Audit

May 25, 2022 by First Federal Bank

Receiving a letter from the Internal Revenue Service informing you your business is being audited is enough to stop you cold. But if you have taken the proper steps to prepare and work with your auditor to the best of your abilities, you shouldn’t have anything to sweat about.

Topics: Small Business, Financial Education

Apps to Help Cultivate Gratitude in Your Life

May 23, 2022 by First Federal Bank

Life can be incredibly stressful, and it can be easy to lose focus on the positive things in your life. To help you cultivate gratitude, consider downloading one of these apps that will assist you with reflecting on the good parts of your life:

Topics: Lifestyle

Do You Understand Your Customer Base?

May 20, 2022 by First Federal Bank

Whether you’re a retailer or a service provider, every entrepreneur needs to have a solid grasp of what customers need and want. By knowing your target demographic’s problems, pain points, interests, and inclinations, you can better market your company and broaden your audience. Here are a few strategies to help you better understand your customer...

Topics: Small Business

Energizing Drinks That Don’t Have Caffeine

May 18, 2022 by First Federal Bank

If making it through the day without caffeine is one of your health goals, you’re in luck. There are many options available that will boost your mood and energy level without the addictive quality of caffeine:

Topics: Lifestyle

Should You Get a Startup Business Loan for Your Entrepreneurial Venture?

May 16, 2022 by First Federal Bank

You’ve had a dream of going into business for yourself, and now you have a product or service you could turn possibility into reality. When you’re looking to get a business venture off the ground, you need startup capital. That’s where business loans can come in handy.

Topics: Business Banking, Small Business

Advice for Teaching Your Child How to Use Checks

May 13, 2022 by First Federal Bank

Talking to your kids about finances is an ongoing conversation. Starting with saving coins in a piggy bank and earning an allowance to opening up a savings or checking account, budgeting for major purchases and investing for the future, there are many facets to your child’s financial education. Here is a closer look at teaching your child how to...

Topics: Personal Banking, Financial Education, Family

How to Protect Your Small Business from a Data Breach

May 11, 2022 by First Federal Bank

Cybersecurity breaches threaten every company, from the smallest family businesses to the largest corporations. That’s why it’s essential to know how to protect your data from prying eyes. Here are some simple steps you can take to keep your company safe from cybercrime:

Topics: Small Business

The content on this site is intended for informational purposes only and should not be considered accounting, legal, tax, or financial advice. First Federal Bank recommends that customers conduct their own research and consult with professional legal and financial advisors before making any financial decisions. Links to third-party websites may be provided for your convenience; however, First Federal Bank does not guarantee the reliability, accuracy, or safety of the information, products, or services offered on these external sites. We are not liable for any damages resulting from the use of these links, and we do not investigate, verify, or endorse the content or opinions expressed on any third-party sites.

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