08/14/2022 | News release | Distributed by Public on 08/13/2022 22:36
Are you aware that August 14th is Financial Awareness Day? It's a great way to bring attention back to saving, which may get lost in the shuffle of daily life and our busy lives.
Think about that great feeling you have when you pay off a loan! Now you have a decision to make - do you start spending more each month because you can, or do you take that same monthly payment and put it into a savings or investment account?
Here are some ways you can observe National Financial Awareness Day:
Sound financial decisions now will help you down the road - so now is a great time to start tuning your mind to your finances. Here is a fun fact - Assuming a 6 percent average annual investment return and dedication, someone saving $14 a day starting at the age of 23 can expect to become a millionaire by age of 67.
The First Bank team delivers a presentation on financial literacy to members of the Real Central NJ Soccer TeamDid you know that First Bank is a big proponent of financial literacy? We feel it is our duty to educate our communities on the importance of wise financial management. If you have questions about how you can improve your financial situation, stop by one of our branches and talk to a Personal Banker!