Tips & Tricks to Responsibly Use a Credit Card
Credit cards are often the first step to a strong financial future and establishing your credit score. However, credit cards can also lead to large amounts of debt that you could be paying for the rest of your life. This is why it's important to learn how to responsibly use a credit card before you end up with a mountain of overwhelming debt. Here are some of our tips and tricks to help you learn how to use credit cards responsibly.
Types of Agricultural Loans
Nebraska State Bank and Farmers Bank offer five different types of agricultural loans to help out our local farmers. These various loans include real estate loans, equipment loans, livestock loans, FSA loans, and operating lines of credit. In this blog we will walk you through each of these agricultural loans and how they may benefit you.
Secured vs. Unsecured Lending
When it comes to taking out loans, there are two types to consider: secured and unsecured. There are distinct differences between the two and it's important to understand these differences before making a decision. This will help you increase your financial literacy as well as make the best decision based on your financial health.
Traditional vs. Roth IRA
The primary difference between a Roth IRA and a traditional IRA is the tax treatment. When you contribute to a traditional IRA, the contributions are tax-deductible. When you withdraw from a traditional IRA during retirement, the withdrawn amount is taxable. The reverse happens with a Roth IRA. Contributions are NOT tax-deductible, while the withdrawals during retirement are tax-free.
Frauds To Look Out For in 2021
The economy has seen some drastic changes and events happen in the past year, and unfortunately, this can result in an increase in financial internet scams.
The Importance of Having an Emergency Fund
Things in life can happen unexpectedly, so it's a good idea to be prepared for when that happens.
How to Void a Check
Voiding a check is a safety measure you would take in order to prevent someone from cashing or depositing money from your account.
Factors That Influence Your Credit Score
For many people, credit scores can be very intimidating and confusing, as they involve lots of numbers and calculations that most individuals don't understand.
Savings Tips for Future Home Buyers
No matter your income level, saving for a home is within reach, especially if you're considering home mortgage options that allow you to put less than the traditional 20 percent down payment.
What to do When Your Identity is stolen
In 2020, over 13 million Americans had their identity stolen. That's a 113% increase from 2019.
How Technology is Changing Banking
In recent years, the technology industry has drastically changed banking and brought with it some truly incredible advancements. Banking is one of the world's oldest businesses, and eventually it was time for a change. The first practice of banking was found in Ancient Babylon where farmers offered grain loans to transport goods between towns. In the 14th century, Italy recognized banking and made it what it is today. The oldest active bank (Monte die Paschni di Siena) was founded in 1472.