July 16, 2024
Taking care of your physical health is extremely important, but it’s also beneficial to keep up with your financial fitness. Your financial fitness determines how much your financial status impacts your day-to-day life, how on track you are towards achieving your financial goals, and if you’re able to cover emergency ...read more
July 9, 2024
You likely have a good idea of what you want your retirement to look like. You may have even kicked around a few ideas about what you’re going to do with all that free time. But what are you doing now to prepare yourself financially for those idyllic golden years? ...read more
June 21, 2024
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 College Savings Plan is a ...read more
June 12, 2024
As you become more accomplished, your financial needs evolve – along with your ability to access a more sophisticated approach to investing. The Portfolio Select Unified Managed Account (UMA) platform, available exclusively to advisors affiliated with Raymond James, provides increased control and flexibility for building an investment strategy tailored to ...read more
April 8, 2024
We are committed to having a positive impact in all the communities we serve — whether it be through conducting financial education, providing access to capital for small business owners or providing financing for purchasing a home, or delivering financial services like Wealth Management and Insurance. First Mid is devoted ...read more
April 5, 2024
As we continue into the year, it’s a good idea to schedule some time to review your financial health. One step you may be thinking about taking is starting or growing your personal savings.
Consider these benefits of a savings account:
Spend Without Borrowing or Using CreditA savings account can help ...read more
February 27, 2024
How do you envision your future? As you navigate the twists and turns thrown at you throughout life, having a roadmap handy can help you reach the goals you set for yourself years ago. First Mid has created a Financial Pathways planning strategy that factors in all the stages of ...read more
January 8, 2024
While the mortgage rate you’ll get is determined by specific factors like your credit score, historical mortgage rate trends can give you a sense of how economic conditions influence the rates available on the market today. From the 1970s to present, mortgage rates have risen and fallen, with the current ...read more
January 2, 2024
Are you saving for the future? Individual retirement accounts are a common way to put money aside for your retirement years. However, do you understand the difference between traditional and Roth IRAs and how these accounts can affect your taxes? Let's break down how IRAs function and how they can ...read more
January 2, 2024
Creating a budget is one of the best financial decisions you can make for yourself and your loved ones. Not only does a budget help you determine and reach your long-term goals, it will also help you manage your day-to-day spending and gain control over your finances.
Even so, starting the ...read more