First Federal Bank Blog

As a hard-working adult, you know saving money is an important thing to do. Unfortunately, it can also be difficult. Life is expensive, and it often feels like our money is gone no sooner than we’ve earned it. But are all of life’s expenditures necessary? Far from it; a close look at your budget is likely to reveal plenty of unnecessary spending....

Refinancing a loan involves replacing an existing loan by paying off the debt with a new one. Ideally, the new loan has better terms or features to make the process worthwhile. This can help save you money in the long term or make your life easier in other ways.

Nobody looks forward to paying taxes, but a bit of preparation and planning can go a long way toward easing the stress for your small business. As 2021 gets underway, consider making these tax resolutions part of your business strategy for the new year:

A letter from the Internal Revenue Service states you are being audited. Not news you were expecting, so it’s understandable to feel a little unsettled, panicked or scared. Don’t let you emotions take over. An IRS audit isn’t fun, for sure, but you can handle it. The following tips will help you prepare for an audit:

In recent years, cryptocurrency has been a booming topic among investors. Just like traditional currency, you can exchange it for services, products or other types of cryptocurrencies. You can also cash it out, much like chips at a casino. However, these digital currencies have many key differences when it comes to storage, transactions and...

To safeguard your financial, private, and personal information from identity thieves and hackers, you should use unique passwords for each of your online accounts as well as for each of your devices. From email — both personal and work — and bank accounts to health portals and shopping sites, the number of passwords to keep track of can be...

When you want to securely store your money, you can choose to open one or more savings accounts at a financial institution. If you’re unsure how many accounts to open, it’s a good idea to consider the different reasons for having multiple savings accounts in mind before making a decision. 

Being an entrepreneur comes with a lot of paperwork. All of those receipts, invoices, tax forms, credit card statements and payroll forms can quickly become overwhelming. But don’t succumb to the temptation to shove them all in a drawer and forget about them. Follow these tips to help you wrangle those records:

Every day, thousands of people fall victim to fraudulent emails, texts and calls from scammers pretending to be their bank. Add to that this time of expanded use of online banking and the busy holiday shopping season, and the problem is only growing worse. The Federal Trade Commission’s report on fraud estimates that American consumers lost a...

Most of the time, it doesn’t matter if your insurance is good or not; you pay your premiums and go about your day. But in a crisis, it’s crucial that your insurance company has your back. If the insurer you’ve been paying fails to come through for you, a bad predicament can turn into a real disaster.