When college students start heading back to school, it's the perfect time to start thinking about credit. Every financial decision someone makes, even in high school, can affect credit. That's why being informed is so important. The more knowledge someone has, the better chance they have of succeeding. Below is ...
Don't Leave Home without a Basic Student Checking account
College life can get busy, so you need to keep your finances easy to manage. Open a Basic Student Checking account online with no minimum deposit and no monthly maintenance fee. Receive a free Visa® debit card and sign up for Online ...
Teaching kids about the value of money and saving at a young age can help them become financially responsible as they get older. If you're unsure of where to start, here are some simple ideas you can use now to incorporate money lessons into your child's everyday life.
Ready, Set, ...
With the price of a college education in the U.S. consistently rising, it’s never been more important to start planning ahead. By getting an early start with a 529 College Savings Plan, you can help your child or grandchild prepare for rising tuition costs.
A 529 savings plan is a valuable ...
The holiday season and the end of year will be here before you know it! If you’ve taken a couple detours that have prevented you from reaching your financial goals, fall is a great time to get yourself back on track.
Review Your Spending
Spent more than you should have this past ...
Whether you’re a freshman or senior in college, it’s important to build healthy financial habits early on before heading into the ‘real world.’ Here are some tips to keep in mind when it comes to managing your finances while in college.
Get in the Habit of Keeping a Budget
If you have ...
Your dream flower shop, that unexpected expense to replace old machinery, or a much-needed expansion for your thriving accounting firm. No matter the business or the reason, you need access to hassle-free lending options. The loan pre-approval, negotiation, and final approval process can be tricky to navigate, so let’s discuss ...
Although there is no right age to start teaching your kids how to save money, it doesn't hurt to start introducing financial concepts at an early age. Here are some ways that you can teach your children about how to be financially responsible.
Explain Needs vs. wants
By distinguishing the difference between ...
First comes love, then comes marriage, then comes…err…retirement planning? You realize this after discovering that education and career goals only begin the stress of properly planning your retirement. Think of it this way: your future self is counting on you to take care of business now to make sure you ...
Would you love to purchase your first home, or love to know that your retirement funds will allow you to travel? Whether your dream is considered a short-term or a long-term goal, it’s important to have the right savings tools in place to achieve them.
At First Mid, we offer various ...
