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5 Money Saving Tips for Young Adults When you’re young, saving money can seem like an impossible task. It’s easy to see your paycheck as a way to get by month to month and not a way to prepare for the future and save for financial difficulties. But putting just a little money aside each month can make a world of difference. These five money saving tips for young adults can help you get started on the path to future financial success. Five Ways to Save Money as a Young Adult 1. Make a budget. You’ve heard it before. Creating and sticking to a budget is one of the best ways you can save money. Making a budget doesn’t mean you have to give up fun for the rest of your life. By creating a budget, you’ll be able to see where your money is going each month and allocate funds to saving, bills and entertainment. Try using MyMoney within online and mobile banking to get started. 2. Don’t wait to save and invest. Saving and investing may seem like a challenge right now, but putting away just a few dollars a week can have a big impact. Use your budget to see how much money you can put into your savings account each month. And as for investing, if your employer offers a 401(k) account, U.S. News recommends deciding how much of your salary to contribute and increasing it as time goes on. 3. Save one-third of your income. If you aren’t sure how much you should save, U.S. News also recommends saving one-third of your income if you can. By saving $1 out of every $3 you earn, you are making it easier on yourself to survive future financial difficulties, such as layoffs, car repairs, home repairs, and other surprise expenses. 4. Start an emergency fund. Another good way to save for financial hardship is to start an emergency fund. Investopedia recommends putting some money into a high-interest savings account, CD or money market account. 5. Pay off your debt. While putting money into savings is a good way to prepare for your future, you should also be concerned about paying off your debt. You should be aggressive about paying off your debt and careful not to let your credit cards spiral out of control. For 3 min read

Banks Near Me When you are trying to find banks near you, there are many options. With so many choices, it can be hard to be sure you’re choosing the right bank for you. At First Bank, we care about the needs of our customers. That is why our banking options are designed to meet the unique needs of our customers. First Bank’s first branch opened in Troy, North Carolina, where we were known for helping local businesses and farmers manage their finances throughout the 40s, 50s, and 60s. Today, we’re still known for our community values, and we serve businesses, families, and customers in North Carolina and South Carolina. There’s a First Bank Near You Chances are if you’re in one of the states we service, there’s a First Bank near you. And it offers a range of services from personal banking to wealth management. Some services we offer include: Personal checking accounts, savings accounts, and credit cards with benefits* Personal loans and lines of credit* Business checking accounts, savings accounts, debit cards, and group banking Business loans and credit cards* Merchant services like payment processing, reconciliation and reporting, and check collection Treasury services, such as payroll direct deposit and deposit services Wealth management services* Insurance for individuals and businesses We want to make the needs of our customers are met. Whether you need a savings account, a business loan, or auto insurance. We strive to be a bank near you that is worth more to you. The Best Banks Nearby Visit our website to discover more about First Bank. Our team of banking experts are ready to answer any questions you have about First Bank and the services we offer. *Investment and Insurance Products are NOT Bank Deposits, NOT FDIC-Insured, HAVE NO Bank Guarantee, NOT Insured by any Federal Government Agency, May Go Down in Value. Loans subject to credit approval. See our Terms and Conditions for complete details on our MasterCard® programs. ©2013 MasterCard. MasterCard, Debit MasterCard and the MasterCard brand marks are trademarks of MasterCard International Incorporated. ——— Sources: Investopedia: http://www.investopedia.com/terms/h/homeequityloan.asp Investopedia: http://www.investopedia.com/terms/l/lineofcredit.asp Investopedia: http://www.investopedia.com/terms/r/reconciliation.asp 2 min read

How to Retire in North Carolina Do you dream of retiring and spending the rest of your days relaxing and enjoying life in beautiful surroundings? If so, retirement in North Carolina may be for you. 5 min read

Stay Scam-Smart: Secure Holiday Shopping Tips for Fraud-Free Festivities! The holiday season is a time of joy, celebration, and unfortunately, increased risk of fraud. Check out these tips and reminders to help ensure your celebrations remain blissfully fraud-free. 6 min read

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