Using a CD to Teach Your Children about Finances

April 20, 2020 by First Federal Bank

Money management is a complicated subject even adults can experience trouble mastering. So, it’s understandable if the prospect of teaching your kids about money might not be your favorite parental to-do. Start simply with a certificate of deposit to teach your kids the fundamentals of saving money.Set up an accountA drive-thru or online field...

Topics: Saving Money, Investing, Financial Education, Kids

Beyond Coupons: Apps to Save You Money

March 14, 2020 by First Federal Bank

In the 21st century, digital technology offers many new ways to save money that extend beyond the usual store sales and coupon-clipping. Numerous apps now let you pinch pennies on your terms from the convenience of your palm. Tap into these deal-filled apps to get the best price when shopping.

Topics: Saving Money, Technology, Budgeting

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

3 Tasty and Healthy On-the-Go Snacks

February 28, 2020 by First Federal Bank

Following a healthy meal regimen is challenging when your family is always on the move. Sitting around the dinner table is replaced by a detour to a fast food drive-thru. While you can buy pre-made, packaged snacks to regulate your family’s nutritional intake, you can save money and avoid preservatives by making your own travel snacks. Here...

Topics: Saving Money, Budgeting, Kids

3 Ways to Make Your Car Last Longer

February 18, 2020 by First Federal Bank

In order for your vehicle to function well and provide an enjoyable driving experience later down the line, it’s important to take good care of its components.

Topics: Saving Money, Vehicles

Tax Filing Tips for Retirees

February 01, 2020 by First Federal Bank

When you’re retired and on a fixed income, tax mistakes can have lasting repercussions. Keep these tax filing tips in mind when tax season comes around.

Topics: Saving Money, Taxes

4 Healthy Pressure Cooker Recipes

January 30, 2020 by First Federal Bank

Cooking a flavorful, succulent meal can take a long time … unless you have a pressure cooker. This brilliant invention can do the work of an oven, wok or slow cooker in a fraction of the time. Plus, a pressure cooker allows you to prepare healthy meals that also taste delicious. Here are some recipes for example.

Topics: Saving Money, Budgeting, Healthy Living

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

10 Tips to Make 2020 a Year of Saving

January 17, 2020 by First Federal Bank

The key to saving successfully is to have a plan. Like most financial details, it should not be left to chance. Most of us know we need savings, but the discipline required to make it happen can be a challenge. Make this your year to save by following these simple tips:

Topics: Saving Money, Budgeting

What is a Good Amount for an Emergency Fund?

January 14, 2020 by First Federal Bank

Emergencies happen to everyone, regardless of whether you have a steady income or are struggling to manage your finances. Unexpected expenses can throw your life into turmoil — and if you don’t have the money to resolve the crisis, your life will become even more difficult. That’s why you need an emergency fund.

Topics: Saving Money, Budgeting