What Qualifies as a Good Credit Score, and How Do You Get (Or Keep) One?

October 09, 2024 by First Federal Bank

You probably know how important it is to have a good credit score. But what qualifies as, Good? How do you make sure you get – and keep – yours in the best possible range? AOL.com breaks it all down:

Topics: Financial Education

Helping Young Adults Build Credit

September 30, 2024 by First Federal Bank

One thing financial experts agree on is it is essential parents begin talking about finances with children from a very young age. And it should not be a one-time conversation. As they grow, you can tackle more complex topics and help build on their knowledge. But what about once they have become adults?

Topics: Financial Education

Simple Ways to Avoid Getting into Debt This Holiday Season

September 25, 2024 by First Federal Bank

Before you know it, the holidays will be here. Time for parties, good food, and all the gifts! If you become stressed thinking about how you will manage the financial aspect of the season of giving, CNET offers these six tips from the experts:

Topics: Financial Education

How Getting Married or Divorced Can Impact You in Retirement

September 18, 2024 by First Federal Bank

Many of us spend years planning for our retirement. And chances are while making the look ahead, you don’t factor other major life changes like marriage and divorce into the equation. But the fact is the rate of divorce after 50 has doubled since 1990. So while you may not plan for it, you should understand how such a life change can impact your ...

Topics: Retirement, Financial Education

Ways to Automate Your Savings

September 11, 2024 by First Federal Bank

Have you ever wished you could put more money in savings? The goal can often feel daunting. But MarketWatch helps make it easy with information on how to make setting funds aside automatic:

Topics: Personal Banking, Financial Education

Tips for Saving on Groceries

September 04, 2024 by First Federal Bank

There is a lot of talk about the economy and inflation these days. Especially the rising cost of items at your local grocery store. Many families are feeling the pinch. But there are strategies that can help you save money on your essentials. MSN offers these tips:

Topics: Financial Education, Family

These Myths About Debt Consolidation Could Be Keeping You From Making the Right Financial Move

August 28, 2024 by First Federal Bank

You might have thought about how you can consolidate your debt and pay it down faster. Then you heard these popular myths about debt consolidation, and it stopped you from taking the next steps. SpaceCoastDaily.com debunks some of the more common myths, and explains why debt consolidation might be the right move for your situation:

Topics: Financial Education

How To Avoid Running Out of Money in Retirement

August 21, 2024 by First Federal Bank

The economy is top of mind for most Americans today. But if you are nearing or already in retirement, you may have extra concerns about running out of money. Have you saved enough? Are you spending more than you expected to? TheWeek.com has compiled some tips to help you keep your retirement secure:

Topics: Retirement, Financial Education

How to Boost Your Credit Score

August 14, 2024 by First Federal Bank

You probably hear a lot of talk about credit scores. But how much do you understand what one is, how it is calculated, and why it matters? MSN.com breaks it all down, and offers some helpful tips on boosting your score:

Topics: Financial Education

How to Prepare for your 2025 Social Security Payments Today

July 24, 2024 by First Federal Bank

If you are in your retirement years and rely on Social Security payments, waiting to learn what the cost of living adjustment (COLA) will be each year can be anxiety inducing. It’s complicated, and difficult to plan when the amount of your payments can change. Yahoo Finance offers some projections for 2025, as well as guidance on what you can do...

Topics: Retirement, Financial Education

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