Smart Home Upgrades to Save Money in the Long Run

March 19, 2020 by First Federal Bank

You want your home to be as comfortable, efficient and as beautiful as it can be. However, deciding which home improvement projects or upgrades to invest in can be confusing. These home upgrades will help you save money in the long run.

Topics: Resources, Investing, Home Owners

Ideas to Increase Your Home's Square Footage

March 17, 2020 by First Federal Bank

There are many ways you can expand your house’s size, so make sure you pick the solution that’s best for your needs and adds the most value.

Topics: Resources, Investing

Investing for Life's Milestones

March 13, 2020 by First Federal Bank

No matter what your plans are for your life, you don’t want money to get in the way of achieving your goals. Consider investing your money during each stage of your life to make your aspirations more attainable.

Topics: Saving Money, Investing, Financial Education

How Does the Stock Market Personally Impact You?

January 20, 2020 by First Federal Bank

Fluctuation in the stock market has a direct impact on businesses and how they operate, but what does it mean for your wallet? Even if you are directly involved in the stock market, you may not understand its influence on the economy. What you’ll find is that the stock market has a broad effect that may affect you even if you seemingly don’t...

Topics: Saving Money, Investing

401(k) Strategies As You Age

October 18, 2019 by First Federal Bank

Some of the most common financial advice you can receive regarding preparing for retirement is to contributing to a 401(k) plan, and usually, thanks to your employer, putting a portion of your earnings toward that plan every paycheck is easy. But where your money is being invested and at what age you’re investing it matters, so it’s important...

Topics: Retirement, Investing

What is Passive Income?

August 23, 2019 by First Federal Bank

Warren Buffett, the billionaire businessman and philanthropist, once said: “If you don't find a way to make money while you sleep, you will work until you die.” Though it may sound like a somewhat grim indictment against the retirement prospects of the working person, it’s at its core a recommendation to look into the winning strategy that is...

Topics: Small Business, Investing, Entrepreneurship

Navigating Your 401(k)

August 21, 2019 by First Federal Bank

Whether retirement is far off in the future or right around the corner, you need to start planning for it now. Starting with your 401(k), the following tips will help you navigate the complexities of saving money when you’re officially off the clock.401(k) 101Although there are a myriad of ways and accounts available to help you plan for...

Topics: Retirement, Investing

Do You Need an Investment Advisor?

July 15, 2019 by First Federal Bank

Whether you’re planning for retirement, saving to send your children to college or just trying to increase your wealth, investing is a crucial path toward reaching your financial goals. If you don’t wish to manage your portfolio on your own, seeking expert assistance is a wise move. Consulting with a registered investment advisor can help you...

Topics: Investing