No matter what kind of business you run, you’ll likely need to work with suppliers in some capacity. A supplier is any business that provides the products or services that your business needs in order to operate. Selecting good suppliers and working well with them is critical to your business’s success. The following tips will give you a helpful...
The Best Plants to Help Keep Pests Away
Warmer weather has returned, which means more time spent enjoying the great outdoors. Unfortunately, relaxing in nature often brings with it the annoyance of pests like insects, rodents, and even parasites. These pesky critters can ruin the nicest backyard or garden, and can potentially pose a threat to children or pets. Fortunately, there’s an...
Topics: Lifestyle, Homeowners
When to Consider a Second Mortgage
If used responsibly, a second mortgage can act as a powerful tool to help you achieve your financial goals. First, though, you’ll want to think carefully about the potential benefits and risks of taking out a second mortgage on your home. It’s also wise to educate yourself on the best ways to use a second mortgage and whether this step is right...
Topics: Homeowners, Mortgages / Home Equity
Understanding Taxes When You're Self-Employed
If you’re new to the world of business ownership, managing your taxes can be one of the most daunting aspects of self-employment. Dealing with estimated taxes, figuring out deductions, and navigating tax forms can dampen the spirits of even the most intrepid entrepreneur. To help you prepare, here are a few things to know about the unique tax...
Topics: Financial Education
Stronger Together – Supporting the Communities Where We Live and Work
At First Federal Bank, we understand the positive impact an organization can have on a community. We are passionate about giving back because we take our responsibility to reinvest in our communities seriously. In 2020, First Federal supported special projects for after-school programs, intellectual and developmental disability agencies, temporary...
Topics: First Federal News
Common Business Budget Breakers
When you run a small business, every dollar counts. Even with a great vision and budget sheet, you may be losing money on a regular basis by paying too much for things you need or paying for things you don’t actually need at all. Focusing on a few key areas can help your business’ balance sheet reach the black, letting you invest more revenue in...
Topics: Small Business
7 Engaging Travel-Themed Podcasts
The events of 2020 canceled many travel plans. It’s understandable if you’re eager to get out and see the world. But whether you’re a seasoned traveler or a newbie adventurer, some expert advice can help your trip run smoothly. Here’s a handful of helpful, informative podcasts to get you ready for your next journey:
Get the Most Out Of Small Spaces
When you are dealing with a limited amount of square footage, whether it is a living room, bedroom, or studio apartment, you want it to feel as open, airy and spacious as possible. With the following design tips, you’ll be able to take advantage of every inch and make a small space feel much larger than it is.
Topics: Homeowners
Business Accounting Mistakes to Watch Out For
Tax time is stressful for every small business owner, especially if you make certain common accounting mistakes. These simple errors can lead to missed deductions, additional fines, and plenty of unnecessary stress, all of which cost you the time and energy you could be using to grow your company. From simple disorganization to overburdening...
Topics: Small Business, Financial Education
What Happens When You Miss Tax Deadlines?
The beginning of each new year brings the looming stress of filing your taxes. Sorting through all the paperwork, filling out the correct forms, and making sure everything is prepared and filed on time can be a challenge. Depending on your circumstances, you may find yourself missing important tax deadlines. This can be a frightening situation,...
Topics: Financial Education
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