First Federal Bank Blog

When it comes to the topic of budgeting, people tend to have negative perceptions. They think it is too hard, takes too much discipline, or is out of reach for their situation. The truth is, there are many flexible, simple ways you can set a budget that fits your life and helps you take control of your finances. That is, if you can get past these...

Money dysmorphia, the experience of believing you're better or worse off with money than you actually are, can lead to poor financial decision making. If you believe you are better off than you truly are, you can spend beyond your means and end up in debt, or even facing bankruptcy. On the flip side, believing you are worse off could lead to...

You probably seen credit card rewards advertised as a benefit. But do you know how to make the most of your rewards once you earn them? Here’s how you can maximize your credit card rewards, without going into debt:

You probably know there are many benefits to having a high credit score. Perhaps you are aware of some strategies you can employ to raise yours. Jenny Groberg, CEO of accounting platform BookSmarts offers some tips that go beyond the basics, and can be easy to implement:

Regardless of how you may feel about electric vehicles (EVs), they have just enjoyed a record year. About 1.7 million EVs were sold in the U.S. in 2024 — a 21% increase over 2023. California, Florida, and Texas are the top three states in the country in terms of the number of EV registrations. 

Boomers are the butt of many jokes these days, and often the object of ire for younger generations. But they have proven they know how to manage their money well. Here are a few secrets to saving money Boomers use are just as relevant today as they have always been:

A 2023 Federal Deposit Insurance Corporation (FDIC) survey reported mobile banking was the preferred choice for close to half of American households, a nearly a nine-time increase over 10 years. Today’s technology makes your personal banking more convenient than ever before. But there are risks, and if you don’t know how to properly set up and use...

With Spring Break in the rear view mirror, it’s time to set your sights on summer vacation, and travel! How can you find the best deals? Travel experts have some tips to help you save this summer:

When you are young, saving money is often not something you make a priority. But this is also a time when you can create healthy habits that will last a lifetime! Teaching your teen the importance of saving, while helping them develop the skills they will need to be financially secure, does not have to be an overwhelming task. Here is an important...

The economy is top of mind for many Americans these days. One age group in particular is struggling with finances. Approximately 60% of Gen Zers currently live paycheck to paycheck, higher than the overall rate of Americans in that situation. If you fall into this category, there are things you can do to improve your financial situation today and...