Archive: Financial Education

Protected: Tailored Solutions for the Strategic Investor

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 more

First Mid is Your Financial Education Resource

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 more

Benefits of Saving

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 more

Are You Keeping Up with Your Financial Fitness?

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 more

Understanding IRAs and Taxes

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 more

Top Budgeting Myths

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 more

Financing Your Home with a Low Down Payment Mortgage

Buying a home is a landmark decision — but what if you can’t afford a down payment? For some, coming up with the traditional 20% down payment necessary for buying a home can be a challenge based on numerous circumstances. However, low down payment mortgage options from First Mid can more

Plan Your Retirement with First Mid’s Financial Pathways

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? more