Raising your deductible is one way to save on monthly premiums. However, this decision is best for only a handful of situations. Read about some scenarios that might justify a higher deductible, as well as some strategies for adjusting your deductible for different coverages.
Whether you’re planning for retirement, saving to send your children to college or just trying to increase your wealth, investing is a crucial path toward reaching your financial goals. If you don’t wish to manage your portfolio on your own, seeking expert assistance is a wise move.
American Banker has once again named First Bank & Trust one of the “Best Banks to Work For” in their 2019 program. First Bank & Trust claims a top spot for South Dakota and Minnesota and a top-25 spot in the nation.
Retirement is a big goal, no matter how far you are into your career. When you’ve been charting your progress, do you take your gender into account? Women face unique burdens that men do not in saving and preparing for the day you don’t have to work anymore.
Learning how to handle, where to invest, and what not to do with money are skills everyone needs to be successful in life. The earlier kids are introduced to smart money-management practices, the better prepared they’ll be to handle their finances when they leave the nest. Teaching your kids how to protect their money is a lesson with unlimited value.
Investing is one of the most powerful ways to build wealth and provide for a more comfortable retirement. However, when you don’t make a great deal of money, the barriers to getting started can seem insurmountable. This doesn’t have to be the case. Here are four ways you can begin investing even when your paycheck is small.
If you’re in the market to buy a second property, you’re probably familiar with the purchasing process. Be careful, though, to not let your confidence or knowledge push you into a rush decision. Buying a property, whether it’s your first, second or 10th requires patience, a lot of thought and smart financial planning.
If you feel overwhelmed by loans, you may be looking for a way to simultaneously simplify and reduce your expenses. Debt consolidation is one of the most common ways to achieve this, and it’s important to properly understand how it works and what it involves.
Buying a new car is an exciting process, especially when you’ve been saving and waiting for the right one to come along. Cars are an expensive investment that take time and consideration. Before you hit the dealership, do a little math and determine both your overall and monthly budget.
Tackling home improvement projects requires time, energy and money. If you’re lacking any of these necessities, you might be tempted to forego your to-do list and seek out a new place to live that is more in line with your wants and needs. But is packing up and moving the most cost-effective way to put down roots? Or would you be better off trying to make your home improvement project a reality?
If investing in stocks and bonds is not something that appeals to you, but you would still like to make your money grow safely, opening a money market account could be the right move. There are still some factors that you should consider before committing to your decision.
What makes better financial sense — saving or paying down debt first? Deciding whether to tackle retirement planning or debt reduction first is a difficult choice. Both are daunting prospects and both carry serious weight. Should you put retirement savings first or is it better to be debt-free? Or is a combined effort your best plan of action on your quest for financial health and security?
Ideally, you would never need more money than your savings allow. However, a sudden problem such as a medical emergency or high credit card debt could place a demand on your finances beyond what your savings can handle. At this point, taking out a personal loan to cover the costs could be your best choice.
Investing money is a vast, complicated ordeal that requires substantial knowledge and practice, whether you’re intending to buy and sell stock, build and rent out office space or invest in a retirement savings program. Because of this complexity, taking your first steps on the road to successful investing can seem daunting; however, every hopeful investor can benefit from understanding these basic ideas.
October is National Cyber Security Awareness Month. The Internet now touches almost all aspects of our daily lives – allowing us to bank, connect with family and friends, and handle our medical records all online. These activities require you to provide sensitive personal information. Learn more about using the internet safely and securely.
Equifax's breach has most Americans nervously searching for actions to take. Check out our information and consider the options available to help protect and monitor your identity!
First Bank & Trust, Brookings, SD (FB&T) announced the signing of a definitive agreement to acquire two banks, Peoples Bank of Commerce and State Bank of New Prague, both owned by the Duke Financial Group of Minneapolis, MN (DFG).
Are you ready to purchase your first home and not sure where to start? Let us help you take the first step! Join us for a fun, informal class to learn more!
What if funding projects in your community were as EASY as switching banks? Learn more about First Bank & Trust's charity-based campaign!
First Bank & Trust and Coffea Roasterie are partnering to each open a third Sioux Falls location at Dawley Farms Village in 2016.
Many people enjoy playing pranks on April Fools’ Day. In recent years, businesses have started to join in the fun. In 2015, Amazon revamped their site to look like the classic 1999 version and Google went over the top with several jokes, including turning its Maps tool to Pac-Man. While these antics are harmless and fun, there are fraudsters who will try to use April 1st to their advantage. A wrong click could leave you vulnerable to phishing scams or identity theft.
It is wise to stay on top of your finances from week to week. In addition, at least once a year it is a good idea to take a step back and conduct a financial checkup.
Business owners invest more than just cash in their companies. It takes time, sweat and lots of heart to maintain a company. Without proper insurance, though, unforeseen challenges could easily disrupt all you’ve worked so hard to build. Here’s what you need to know about business coverage, and which types of insurance might be right for you.