While people vacation year round, summer is by far the most popular time for most. The weather is warmer, your schedule is more open. But can you afford to take that trip? You can save for your next vacation with these tips from MSN.com:
First Federal Bank: Empowering the Next Generation with Money Management Skills
Through partnerships with local schools, First Federal Bank is dedicated to equipping students with the knowledge and skills necessary to make informed financial decisions. By accessing tools from Banzai, a premium online financial literacy program, First Federal and educators are teaching students better financial habits for free.
Topics: First Federal News, Financial Education
Avoid Making These Credit Card Mistakes When Traveling
When preparing for a trip, you probably have a list of things to do: prepare any needed documentation, purchase supplies, pack, set an itinerary. But have you thought about your credit cards? According to The Motley Fool, failure to do so could cost you on your next trip. Be sure to follow these tips so you don’t run into any credit issues while...
Topics: Financial Education
Strong financial skills are learned. Which is why as parents, it is essential to begin teaching your children about money from an early age. It doesn’t have to be complicated, or boring. According to Engineering Your Finances, you can get creative and make learning about savings money fun with these tips:
Topics: Personal Banking, Financial Education, Family
Avoid These Retirement Planning Mistakes
You’ve been planning for your retirement for years. Now the time has come to leave the workforce and enjoy the next phase of your life. Are you prepared? According to Mint.com, these seven common mistakes can really hurt you in retirement:
Topics: Retirement, Financial Education
The Benefits of Having a Disaster Plan
Hurricane season is just around the corner. It officially begins June 1, and forecasters are expecting an active season for 2024. The Florida Division of Emergency Management has developed a guide to help residents prepare to keep their families and their property safe. It includes important steps you should be taking now to ensure you are in the...
Topics: Financial Education, Family, Homeowners
Saving money can be a challenge. Even when you have the best of intentions, there are things that get in the way of your success and keep you from reaching your goals. Enter KindaFrugal.com, with some easy, great ways to challenge yourself and start saving:
Topics: Financial Education
The 50/20/30 budget method has been around for years, and has traditionally been a great approach for many families. The concept is that 50% of your net income should go to your needs, 20% should go to savings, and 30% should go to your wants. But times change. And in today’s inflated economy, the 60/30/10 budgeting method could be a better option...
Topics: Financial Education
3 IRA Strategies to Boost Your Retirement Savings
When it comes to retirement planning, employer 401(k) programs tend to be the option people think of. But there are other ways you can save money for your golden years. An Individual Retirement Account (IRA) is another way to set aside and invest funds today to have available in the future. According to MSN, there are three ways you can make the...
Topics: Retirement, Financial Education
What Purchases Should You Make With Loans
Taking out a loan is a big decision that should not be taken lightly. That’s why you want to be selective about when and why you borrow money from your financial institution. While the decision will ultimately be yours, there are several instances where loans make good sense in the short and long term:Pay off existing debtOf all the things you...
Topics: Financial Education
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