It feels like AI is everywhere today. And while it can be used as a helpful everyday tool, it unfortunately has also been seized on by those who want to scam you out of your hard-earned money. Artificial Intelligence has opened up new avenues for scammers. Here’s how to catch them in the act, and protect yourself from becoming a victim:
Watch Out for These Customer Service Scams
Topics: Financial Education
10 Easy Ways to Save Money
Saving money can be a challenge, even under the best of circumstances. It requires discipline. Planning. Sacrifice. And disposable income. Or does it? What if there were some simple ways you could set aside savings, without it feeling like a chore? Here are some ideas:
Topics: Personal Banking, Financial Education
Are You Financially Prepared for the Holiday Season?
Holiday expenses can be a real burden on many families. Gifts, meals, special events, travel… it all adds up! How can you make sure you don’t go into debt while still being able to enjoy all the holiday season has to offer? Try these expert tips:
Topics: Financial Education, Family
5 Little Known Tips to Help You Save on Groceries
Grocery bills keep creeping up. But just because food costs are rising doesn’t mean you can’t fight back. With some smart strategies, you can save money on groceries in surprising ways without feeling deprived. Here are five lesser-known tactics real shoppers use to cut costs without cutting out flavor:
Topics: Financial Education
7 Tips for Lowering Your Utility Bill
You can probably feel it in the air; fall is here! Sure, if you live in Florida, that does not mean the same as it does in other places. And winter will be different here as well. But it is a time of year many think of ways they can save on utilities. A recent CNET survey shows almost 80% of adults are stressed out about home energy costs. So,...
Topics: Financial Education, Homeowners
This Habit Could Be Damaging Your Credit Score
There are many factors that influence your credit score, and it is always changing. You probably know how important it is to make your bill, credit card, and loan payments on time. There are many other ways you can help your score improve, or remain high. But there is one habit you may not realize is hampering your efforts:
Topics: Financial Education
Know How to Spot an AI Scam
The age of AI is here. Some embrace the change, other fear it. But perhaps surprisingly, as AI tools become more prevalent, most people believe they are equipped to spot AI-generated scams. By contrast, new research reveals a worrying trend: as people get more familiar with AI, they’re more likely to fall for these scams.
Topics: Financial Education
Do You Think Your Teen is Financially Prepared for Adulthood?
As a parent, you are focused for 18 years on preparing your child for adulthood. Becoming an adult is an important milestone, and when it happens, your child will need to navigate the world on their own. Are they prepared financially for this transition? Sadly, many parents do not feel their teens are ready:
Topics: Financial Education, Family
How to Keep Yourself Safe from Online Scams
October is National Cybersecurity Awareness Month, a time to spotlight the importance of taking daily action to reduce your risk when online and using connected devices. Do you know how to spot scams, and what actions you can take to keep yourself safe?
Topics: Financial Education
How Your Credit Score Impacts Your Auto Loan
Are you in the market for some new wheels? Buying a vehicle in the fall, especially from October to December, is a prime time for deals due to dealerships clearing out current-year inventory to make room for new models and meet annual sales goals.But overall price is not the only consideration. If you will be financing your purchase, you need to...
Topics: Financial Education
The content on this site is intended for informational purposes only and should not be considered accounting, legal, tax, or financial advice. First Federal Bank recommends that customers conduct their own research and consult with professional legal and financial advisors before making any financial decisions. Links to third-party websites may be provided for your convenience; however, First Federal Bank does not guarantee the reliability, accuracy, or safety of the information, products, or services offered on these external sites. We are not liable for any damages resulting from the use of these links, and we do not investigate, verify, or endorse the content or opinions expressed on any third-party sites. NMLS # 408902.