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
Five Budget Friendly Travel Secrets We Learned from Gen-Z Gen Zers — the generation born between 1997 and 2012 — are reshaping the travel industry by finding creative ways to travel on a budget. In fact, 61% of Gen Zers who took three or more vacations in the past year come from households earning less than $50,000 annually. So how can you travel cheaply?… 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
60 Savings and Money-Making Tips You Didn’t Know Existed To celebrate FirstBank’s 60 years of “banking for good,” we’ve compiled a list of 60 ways to help you make money and save it. Check out 60 Things You Didn’t Know About FirstBank at efirstbankblog.com to learn more! Finances 1. Earn More with Your Money. Do you have money that seems to be just sitting… Read More
6 Ways to Fight Inflation and Rising Costs with A Look Back At the 1960s As FirstBank celebrates 60 years of “banking for good,” we’re looking back at our inception date, 1963. In the same year, Martin Luther King Jr. gave his famous “I Have a Dream” speech, and President John F. Kennedy was assassinated. While the culture has changed drastically, rising costs and inflation have made 1963 feel worlds… Read More
Love Don’t Cost a Thing: Plan a Romantic Valentine’s Day Without Breaking the Bank Americans spend an estimated 117.4 billion dollars per year on dating, but that number is coming down as high inflation takes its toll on love. With the cost of food, cocktails, gas, and personal care services skyrocketing, around 40% of people on dating apps are changing their dating habits or pressing pause on their search… 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
How to Host Thanksgiving on a Budget While many of us are looking forward to celebrating Thanksgiving with family and friends, this year’s holiday feast could be more expensive than ever. Experts predict that your Thanksgiving meal will cost 13.5% more than last year, with a staggering 73% increase in the price per pound of turkey. The price of butter is also up 32% compared to 2021. Despite… Read More
8 More Ways To Save Money on Groceries During Rising Inflation According to the most recent Consumer Price Index report, food prices have risen 11.4 percent from August 2021 to August 2022. In the same year, common food items have drastically increased including eggs, which went up by 39.8 percent, and butter, which rose by 24.6 percent. As the cost of groceries continues to rise, we’ve… Read More
Can You Afford a Dog? The Costs of Ownership and How to Save Considering dog ownership? Before taking the plunge, it’s important to understand if you’re ready for both the personal and financial responsibility of pet ownership. In honor of Adopt a Shelter Dog Month (October), we’re consolidating the obvious and (not so) obvious costs of owning a dog to help potential owners better understand what to expect… Read More