Financial Education Center

What is a 529 Education Savings Plan?

If you’re researching the best ways to save for college, you may be trying to determine what a 529 Education Savings Plan is and how it can be used toward your savings goals.

Manage Your Money, Manage Your Stress

How College Students and Graduates Can Budget and Manage Money with First Bank.

Best College Savings Plans

College education is expensive and will likely get more so as time goes on. The average tuition for the 2019-2020 school year ranged from $40,000 (for private colleges) to $11,000 (for state colleges), and has only gone up since then.

Borrowing to Pay Your Taxes to the Internal Revenue Service (IRS): What Are Your Repayment Options?

If you’ve recently filed your taxes and discovered you owe a tax debt, you may be researching the best method to pay them before the extended tax filing and payment deadline of May 17, 2021 (at the time of this publication).

How Biases Can Impact Investors’ Financial Well-Being and Significantly Alter Accumulated Wealth, Part III

Over the last two parts, we’ve discussed how biases impact our decision-making, particularly when it comes to our investments. Continuing to understand our biases can help us better understand why we make our financial, wealth, and investment decisions.

Financial Literacy Month 2021: Are You on Track to Financial Wellness?

April is National Financial Literacy Month, or a month set aside to highlight the importance of sound financial behaviors. Financial literacy is understanding and employing financial skills, such as budgeting, debt management, and investing.