It’s important you start coaching your children on the basics of financial responsibility early in their lives. Properly saving, spending, and investing money are crucial skills for all people to master — and the sooner you can teach them, the better!
Holiday Gifts to Teach Your Kids About Money
Topics: Financial Education, Family
Monitoring Your Credit Report
Your credit report holds plenty of valuable information. It can help you understand your spending habits, lend insight into your creditworthiness, and, perhaps most importantly, it can enable you to monitor your accounts for fraud. Here’s a look at a few different strategies for watching your credit report — and what you should do if you notice...
Topics: Financial Education
When is the Best Time to Buy a Car?
Once you’ve decided you’re ready to purchase your next car, you may be tempted to go to the dealership right away. However, if you wait to shop until the time is right, you may be able to save money on your purchase.
Topics: Lifestyle
Showing Employees You Care This Holiday Season
For all the stress and turmoil the holidays can bring to a business, it’s important you maintain the perspective necessary to see the forest for the trees. This time of year, it’s as essential as ever to acknowledge your employees and let them know they are essential to the success of your business.
Topics: Small Business
Is 20 Percent Down Necessary?
Purchasing a home is a major decision, and it could be the most expensive financial transaction somebody ever makes. Therefore, it is important to get this right. One of the biggest hurdles for a new homeowner is coming up with enough money for the down payment. A lot of people believe they require 20 percent down to purchase a home. Saving this...
Topics: Mortgages / Home Equity
Shop Smarter This Holiday Season
The holiday season is fast approaching, and you might be stressed thinking about how you are going to buy gifts for all of your friends and family. But it is possible to get everything you need as long as you set realistic goals.
Topics: Financial Education
Applying For A Mortgage? 3 Easy Ways To Make The Process Easier
There are more than enough details involved in getting a mortgage and moving into your own home that you’ll want to know how to make the process as seamless as possible beforehand. However, there’s a chance you might not be aware of the things you can do to make it a little easier on yourself. If you’re currently looking for a home and are...
Topics: Mortgages / Home Equity
Important Relationships During The Home Buying Process
Purchasing a home is an exciting time, but there is also a lot to manage. There are a lot of text messages, phone calls, and emails coming in. It is important for potential homeowners to keep them straight. Who are some of the most important people during the purchase process?
Topics: Mortgages / Home Equity
Customer Retention Basics
When growing your business, it can be tempting to focus your efforts on winning new customers. However, repeat business is essential for your company’s long-term success. Courting customer loyalty can be more cost-effective than seeking out new patrons. While different strategies may work better in some industries than others, here’s a look at...
Topics: Small Business
First Federal Bank Receives A+ Health and Stability Rating
First Federal Bank customers want to feel confident their financial institution is on solid financial footing, and is proud to have been rewarded an A+ rating – the highest health grade given out by DepositAccounts.com – for the first quarter of 2021. Once per quarter, DepositAccounts.com evaluates the financial health of every federally-insured...
Topics: First Federal News
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