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
La generación Z (personas nacidas entre los años 1995 y 2000) ha adoptado un enfoque diferente para ahorrar para el futuro comparado con generaciones anteriores. Una tendencia reciente llamada “soft saving” prioriza las mentalidades de “solo se vive una vez” (YOLO, por sus siglas en inglés) sobre ahorros a largo plazo. De hecho, el 73%^… Read More
Probablemente, muchos de nosotros hemos encontrado el indicador para dejar propina al comprar café o comida de un mostrador de atención rápida, ofreciendo varias opciones de propina (por ejemplo, 10%, 20%, y 30%). Sin embargo, estas comodidades del punto del servicio también han resultado en un aumento de frustraciones entre los consumidores, mejor conocidos como… Read More
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
Según un estudio de Greenlight®^ realizado en el 2021, el 74 % de los adolescentes no se sienten seguros sobre su educación financiera. Además, solo 13 estados requieren que los estudiantes de preparatoria tomen una clase de finanzas personales para graduarse. Por lo tanto, las posibilidades de que tu hijo adolescente aprenda lecciones básicas sobre el dinero, sin… Read More
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
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
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
Paying off a home is a monumental financial and life achievement — but it’s not the end of the road for homeowners. While you may not have to worry about mortgage payments or losing your home for financial reasons, there are still factors to think about to ensure your home is working as hard for… Read More
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