With the price of a college education in the U.S. consistently rising, it’s never been more important to start planning ahead. By getting an early start with a 529 College Savings Plan, you can help your child or grandchild prepare for rising tuition costs.
A 529 savings plan is a valuable ...
Longtime recipients of Midwest Farmowner, a newsletter published by First Mid Ag Services, have been familiar with our staff and offices in Bloomington, Decatur, Kankakee, Peoria and Springfield, previously Soy Capital Ag Services offices. With the recent transition to First Mid Ag Services, we have added another regional Ag Services ...
How often do you think about the food on the table? Not just how tasty it is, but the work that truly goes into producing your favorite meal. Spoiler alert! It takes the hard work and dedication of a team of people ranging from the tireless farmer to the expert ...
If you need help understanding your Medicare Options, join us at one of our upcoming Medicare Options Seminars. First Mid Insurance Group will be hosting seminars and open houses beginning in October and continuing through December in the following communities:
This is an opportunity to receive the important information to help ...
The holiday season and the end of year will be here before you know it! If you’ve taken a couple detours that have prevented you from reaching your financial goals, fall is a great time to get yourself back on track.
Review Your Spending
Spent more than you should have this past ...
Whether you’re a freshman or senior in college, it’s important to build healthy financial habits early on before heading into the ‘real world.’ Here are some tips to keep in mind when it comes to managing your finances while in college.
Get in the Habit of Keeping a Budget
If you have ...
If you’re ready to take the big step in buying a home, but haven’t saved enough for the traditional 20% down payment, there are mortgage options that may be right for you. First Mid offers several mortgage financing products that could get you into a home with less of a ...
Your dream flower shop, that unexpected expense to replace old machinery, or a much-needed expansion for your thriving accounting firm. No matter the business or the reason, you need access to hassle-free lending options. The loan pre-approval, negotiation, and final approval process can be tricky to navigate, so let’s discuss ...
Although there is no right age to start teaching your kids how to save money, it doesn't hurt to start introducing financial concepts at an early age. Here are some ways that you can teach your children about how to be financially responsible.
Explain Needs vs. wants
By distinguishing the difference between ...
First comes love, then comes marriage, then comes…err…retirement planning? You realize this after discovering that education and career goals only begin the stress of properly planning your retirement. Think of it this way: your future self is counting on you to take care of business now to make sure you ...
