Loud Budgeting Is the Money Trend You Didn’t Know You Needed Loud budgeting has become a popular social media trend, encouraging people to speak openly about their financial goals rather than quietly overspending. This money-saving technique went viral last year with one video garnering over 1.6 million views. At its core, loud budgeting is about transparency and communicating when something doesn’t align with your financial priorities.… Read More
The “Soft Saving” Trend and What it Means for Your Future Gen Zers have taken a different approach to saving for the future than previous generations. A recent trend called “soft saving” prioritizes YOLO (you only live once) mindsets over long-term savings. In fact, 73% of Gen Zers say they would rather have a better quality of life than put aside extra money in their savings… Read More
60 Savings and Money-Making Tips You Didn’t Know Existed Did you know FirstBank has been “banking for good” for over 60 years? We’ve compiled a list of 60 ways to help you make and save money. Finances 1. Earn more with your money. Do you have money that seems to be just sitting in your account collecting dust? Try searching for an interest-bearing savings account to… Read More
Three Costly Mistakes Homeowners Should Avoid This Winter Despite some beliefs, colder weather won’t prevent you from experiencing basement floods, other plumbing issues, or problems with your heating. So, how can you avoid costly repairs and potentially save yourself thousands of dollars? FirstBank has you covered. Here are some of the common troubles the winter season can bring to homes. 1. Letting pipes… Read More
8 Ways to Save Money on Groceries While inflation has become a household name due to its frequency in the news, food prices have long been affected by drastic events, including weather, disease, war, and supply chain disruptions. To help keep your pantry stocked in the face of inflation, here are some tips to spend less and save more. 1. Know which… Read More
College is a Financial Investment: Here Are 5 Ways to Save There are many factors to consider when making the decision to pursue higher education. From tuition prices, available scholarships or financing to finding the right school; there is no one-size-fits-all solution. By being realistic about your goals and planning ahead, you can make a decision that is both affordable and can help further your desired… Read More
Cash Stuffing: How Will This New Budgeting Trend Help You Save? One of the newest budgeting trends made popular by Generation Z is similar to one from a less digital world, about 20 to 30 years ago. Before the surge of plastic payment methods and virtual wallets, hoarding cash was the norm. However, the recent cash-stuffing trend has taken social media platforms by storm. If you’ve… Read More
6 Tips for Building an Emergency Fund We’ve all experienced some sort of financial emergency, whether it’s car trouble or an unexpected vet bill. But having extra funds set aside makes all the difference. Did you know that 68% of people believe they would be unable to cover their essential living expenses for a month if they were to lose their primary… Read More
3 Financial Trends the Younger Generation is Prioritizing in 2024 Gen Zers and Millennials are making their financial well-being a priority after a year of high inflation and fluctuating interest rates. A recent survey by Fidelity revealed 75% of Gen Zers and Millennials included financial goals in their New Year’s resolutions vs. 53% of Baby Boomers. Here are three key financial trends Gen Z and… Read More
4 Ways a Cash-Only Budget Can Transform Your Spending Habits Saving money and sticking to a budget can be challenging. However, there is an unexpected solution: switch to a cash-only spending system. Doing this can simplify your finances and help avoid impulse spending. In fact, cash stuffing and cash budgeting have become viral financial trends among Gen Z. According to a Credit Karma report, about… Read More