At First Bank, we envision a future where our time, attention and charitable funding collectively help shape a more positive future for generations to come. First Bank is passionate about supporting educational options for all young people, but especially those from historically disadvantaged communities.
Americans are working hard to save money and plan for the future. While there is some value to socking cash away under the mattress or burying gold in the backyard, Americans have access to sophisticated savings tools that offer numerous advantages in saving for specific goals.
In saving for a child's college education, parents may want to consider certain tax-advantaged strategies. These strategies all share the common trait of reducing the amount of taxes owed.
Investors who've accumulated an adequate cash reserve are to be commended. But as strange as it sounds, it is possible to save too much. Although this may not sound like much of a problem, it can be if you save too much of what you should be investing.