First Federal Bank Blog

A health savings account is a valuable tool for saving money while receiving the medical care and treatment you need. But paying for doctor’s bills and prescription drugs aren’t the only ways you can use your HSA. You can use the savings to invest and prepare for future medical costs during retirement. Here’s a look at how that works:

Financial problems are one of the leading cause of divorce. According to a survey of 1,000 people, nearly half of American couples fight over money. But no matter the state of your finances, once you are married, all of your assets are merged in the eyes of the law. Coming up with a financial plan that works for your marriage is therefore of the...

If you’ve left your former job for a new employment opportunity, you’re likely leaving behind a substantial balance in your employer-run retirement account. You have multiple options available to you when deciding how to handle those funds, so make sure you consider each one to find the solution that’s best for you:

Part of your job as a parent is to prepare your kids for the future. One important component of their future is learning how to handle money. Yes, financial literacy can seem daunting and complex, but you can start small by introducing your young kids to simple concepts like saving money in an online savings account. Here is a guide to help you...

Once you’ve achieved your goal of retirement, making your well-earned income stretch as much as possible becomes a chief priority. Structuring your retirement around how your retirement income is taxed helps keep your finances free and flowing so you’ll never need to worry about making ends meet.

Social media can be a force of good, connecting people across the globe. It can also be a source of evil, with unscrupulous people and companies trying to get your money, data, and personal information. Social media scams are prevalent in the virtual world; here is a closer look at how they could trick you and how to stay safe:

You may not think you need to be concerned about your young child’s credit now, but identity thieves do not discriminate. They can target minors and wreak havoc on their credit before parents are even aware. So, it is important to work to protect your child’s credit history, before they need it.

While college can be an excellent prospect for many students, it’s far from the only path to success. Whether you’re looking to save money, fit classes into your busy schedule, or simply pursue a different type of career, these college alternatives could be the perfect opportunity for your lifestyle. Here’s an overview of what these four...

If you are paying rent — whether it is in an apartment, condominium, or home — it is vital you have renters insurance. These policies often provide liability insurance and can protect your personal property in the event of certain tragedies like fire, theft, or flooding. Here are some tips on finding the right renters insurance for your needs:

Balancing a checkbook has been shorthand for financial responsibility for generations. While it’s always been presented as a laborious, unenviable task, keeping your money in order is fairly simple as long as you stick to a routine. Since so much of our world is now paperless and digital, balancing your checkbook is easier than ever.