Have you ever heard the saying, “it’s always a good time to start saving?” This statement couldn’t be truer! Starting to save today is a crucial step in ensuring a financially comfortable retirement. Although there are a ton of great ways to begin investing in your retirement, 401(k) plans are known to be a beneficial strategy.
National Financial Awareness Day
Are your eyes bigger than your stomach? If you are like many, sometimes you fill your plate with more than you can eat and waste incurs. Buffets are the worst, with so many choices! Appetizers, many different entrees and then the dessert! If only we had more control, we might not stumble out of the restaurant feeling miserable due to our lack of discipline. Just like our too full stomachs, personal finances can suffer due to our eyes being too big. We buy things we can’t afford.
PLANS MERGER WITH STROUD NATIONAL BANK
First Bank & Trust Co., headquartered in Duncan, Oklahoma, and Stroud National Bank, headquartered in Stroud, Oklahoma, announced their merger agreement and submission of the related regulatory applications. The announcement was made jointly by Robert Petersen, Chairman, President & CEO of First Bank & Trust Co. and Arthur Thompson, President & CEO of Stroud National Bank.
National Consumer Protection Week
Kicking off on February 28, 2021, National Consumer Protection week is a time to help educate consumers on their rights in order to make more informed decisions about their money.
According to the National Consumer Federation, consumers have a right to eight basic principles:
The right to satisfaction of basic needs– to have access to basic, essential goods and services such as adequate food, clothing, shelter, health care, education, public utilities, water and sanitation.
Helpful Ways to Grow Your Savings Account!
5 Tips to Help You Budget This Holiday Season
Does budgeting and shopping during the holiday stress you out? If so, don't worry! Here are 5 tips on how to budget for this year’s shopping trip that will definitely save you money!
1. Make a list, check it once, and then check it twice. Knowing who you’re shopping for in advance will keep you from overspending and getting sucked into shopping gimmicks! Make a list of everyone you are buying for along with what you'd like to get them and how much you want spend, then use it! Seeing how many gifts you need will help you determine how much you can spend per paycheck.