Financial Planning
Take control of your money with a financial plan. Whether you have short-term needs — such as planning for an upcoming vacation or holiday spending — or long-term plans like retirement, financial planning can help you organize your finances by evaluating your expenses and income. A financial plan can show if you’re on track to meet your money and savings goals. It will vary, depending on your stage in life. Financial planning can include strategies for paying off debt, starting an emergency fund, or saving up for a large purchase like a house.
Banking
Banks offer customers the ability to store money safely, take out loans, and perform other financial services. Banks offer consumers the ability to open and maintain checking and savings accounts, both are considered essential for personal finance.
Financial Literacy
Life Events
Major life events, such as marriage and homeownership, can bring about joyful changes. They can also bring about new financial responsibilities. You can be ready for major life events like college, the birth of a child, or even holiday celebrations with short-term and long-term savings.
Saving and Investing
From tackling car loans to planning for retirement, savings help you achieve your goals. A savings account can also give you peace of mind if you ever have an unexpected expense like a home repair or medical bill.
Taxes
Taxes can be federal, state, or local. They’re used to pay for government programs, resources, and services. Public services such as libraries, schools, Social Security, and infrastructure are paid for with taxes.
