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
10 Mobile App Features to Help Make Life Easier September 15th marks the 10th anniversary of FirstBank’s mobile app! The year was 2013, and popular apps like Snapchat, Vine, and Candy Crush were taking over the world. As the banking realm followed suit, FirstBank joined the arena by launching the FirstBank Mobile App. Today, the app offers more than just insight to account balances, products,… 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
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
5 Recyclable Alternatives to Grocery Store Plastic Bags Although the Plastic Pollution Reduction Act was passed in Colorado in 2021, the new year caught some shoppers by surprise. Effective January 1, 2023, the new law now requires all stores in Colorado to charge customers 10 cents for every plastic or paper bag provided. The complete ban of single-use plastic bags statewide will take… Read More
Retail vs. Bank Credit Cards: Which Is Right for You? There are a lot of credit cards out there today. Name a demographic or spending category, and a credit card is probably designed just for people within that category. On top of that, there are different kinds of cards, including retail and bank cards. No wonder that the average American adult has three credit cards… Read More
What the $600 Tax Law Delay Means for Your 2022 Taxes In December, the Internal Revenue Service announced a delay of one year in reporting the new $600 IRS tax law. This tax law requires online sellers and gig workers who have received over $600 annually on payment platforms like Cash App, Venmo, or PayPal to report the income using a 1099-K tax form. Previously, these… Read More
Make A Big Impact by Shopping Small on Small Business Saturday Since 2010, the Saturday after Thanksgiving has been known as Small Business Saturday — the day when consumers are encouraged to shop locally and make purchases from the stores in their neighborhoods. Now, Small Business Saturday has catapulted into a mega-moneymaker for local business owners with consumers spending $23.3 billion in 2021. Here’s how shopping… Read More