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

5 Things You Should Pay Attention to on Your Bank Statement

July 17, 2024 by First Federal Bank

Whether you still receive paper statements, or access them online, how closely do you review yours each month? According to banking experts, there are five things you don’t want to ignore on your statement. AOL breaks down the key aspects of these essential documents:

Topics: Business Banking, Personal Banking, Financial Education

Top Tips to Help You Save on Groceries

July 15, 2024 by First Federal Bank

Nowadays, we are all looking for ways to save at the grocery store. While some forecast food prices will improve, it never hurts to have some tried and true strategies you can use to spend less at the checkout counter. MSN.com offers this advice:

Topics: Financial Education, Lifestyle

3 Myths About Credit Cards You Shouldn’t Believe

July 10, 2024 by First Federal Bank

Chances are you have received conflicting advice about credit cards. Are they good or are they bad? It can be confusing to know when and how to use one properly. Or to understand how their use can impact your credit score. The Motley Fool wants to dispel some common myths you may have been told:

Topics: Financial Education

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