Demystifying Cryptocurrency: Here’s What You Need to Know Within the last decade, cryptocurrency or “crypto” has become an increasingly popular form of investment. It’s a type of digital currency secured through cryptography and computer networks. Crypto has especially become prevalent among Gen Z and Millennials, with 94% of crypto buyers being 18-40 years old. Here are some things you should know about investing… Read More
Your Guide to Navigating and Budgeting for “Tipflation” Many of us have likely encountered the tipping prompt when grabbing coffee or food from a fast-service counter, offering several gratuity options (e.g. 10%, 20% and 30%). However, these point of service conveniences have also resulted in growing frustrations among consumers known as “tip fatigue” – the increasing pressure and confusion around tipping. Among 30… Read More
Level Up Your Holiday by Shopping Local This Year The holiday season has officially arrived. Whether you invite the entire family or keep it on the smaller side, consider using products from local businesses. Not only will your family be treated to an unmatched meal or experience, but it will also create the ideal occasion for quality family time. Here are some of the… Read More
5 Pitfalls to Avoid When it Comes to Financial Advice on Social Media Social media has an abundance of captivating videos and seemingly reliable advice. But it’s important to exercise caution when applying advice from social platforms. This is especially true with financial content, like GirlMath or cryptocurrency investment hacks, as they can be misleading. According to a recent survey, 79% of millennial and Gen Z Americans have… Read More
4 Year-Round Efforts That Are Good for The Planet and Your Wallet Protecting our planet is a collective responsibility that benefits us all. Though the idea of making these changes may seem overwhelming, even the smallest of actions possess the potential to have significant impacts as time goes on. Be a Conscious Consumer Being a conscious consumer helps to reduce our collective environmental footprint. Conscious consumerism means… Read More
4 Ways to Take Advantage of Rising Interest Rates Though rising interest rates come with ambiguous strains on the economy, there are ways to use those price hikes to your advantage. Whether it’s opening a high-interest savings account or transferring credit card balances, we’ve gathered three tips to help you navigate increasing interest rates. Maximize Your Savings Account While inflation has made it hard… Read More
4 Tips for Navigating Interest Rates and Loans in 2023 With the Federal Reserve continuing to raise interest rates to fight inflation, it can feel intimidating to navigate interest rates, loans and mortgages these days. The Fed raised rates for the 10th consecutive time following their meeting on May 3rd. However, the modest .25% hike suggests policymakers might be moving in a new direction for… Read More
5 Ways to Improve Your Wellbeing During Mental Health Awareness Month May is Mental Health Awareness Month, bringing attention to the importance of mental health and its impact on our overall wellbeing. To that end, here are five resources to help you better manage your mental health. Take advantage of workplace resources. With the passing of Proposition 118, more commonly known as Family and Medical Leave Insurance (FAMLI),… Read More
A No Brainer: Save More for College with a Smart Choice College Savings Account Keeping up with the rising cost of higher education may seem daunting, but a CollegeInvest Smart Choice College Savings Account (CSA) can help make saving for college easier. FirstBank and CollegeInvest are offering several added incentives to make the most of your college savings. What is a CollegeInvest Smart Choice CSA? Also known as a… Read More
6 Ways Your Teen Can Prepare for Financial Responsibility According to a Greenlight® study in 2021, 74% of teens don’t feel confident about their financial education. What’s more, only 13 states require high school students to take a personal-finance class to graduate. So, the chances of your teen learning basic money lessons, without your help, are meager. Since financial literacy is key to building… Read More