Category
Category: Financial Education
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Jumpstarting Your Child’s Tuition Savings: How Much to Save
Posted on August 20, 2018
Categories: Budgeting, Financial Education, General, Personal Finances, Personal Loans, Savings
You only want the best for your child - but how much is the best? Figuring out the amount of money to begin putting away for your child’s tuition can be tough. Yes, they will be able to contribute, but it doesn’t hurt to help your baby get the educational future they deserve. That’s why Fairfax State Savings Bank offers some insight on what funds you should begin putting towards your child’s education today!
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5 Things to Teach Your Teens About Financial Literacy
Posted on June 20, 2018
Categories: Budgeting, Financial Education, General, Personal Finances
With your babies growing up, it’s never too soon to start teaching them the art of being fiscally responsible - but where do you start? According to the Council for Economic Education, only 17 U.S. states require high school students to take a personal finance class in order to graduate. Fairfax State Savings Bank offers some great ideas on how you can begin teaching your child about financial literacy before they leave the nest.
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Protecting Older Americans Against the Top Scam: IRS Impersonations
Posted on May 22, 2018
Categories: Cyber Security, Financial Education
No age group is immune to scams. It can happen to any age group, income level and gender. Scammers are no respecter to persons when it comes to getting your money. However, seniors should be protective of their finances, as they are more likely to have significant life savings and great credit. They also may be unsure of who to report fraud to, or don’t out of shame. This makes them a great target for scams. Unfortunately, the top scam among older Americans is IRS Impersonations.
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Habits of Financially Mature People
Posted on May 22, 2018
Categories: Budgeting, Financial Education, Personal Finances, Savings
If you take a look around, you may notice that a majority of people from a variety of income levels seem stressed about their finances. Seventy eight percent of Americans are living paycheck to paycheck and debt is creeping up more and more every year. So what’s the secret for those who aren’t wealthy enough to be financially independent, but still manage to live the life they desire? We believe the difference is financial maturity and have collected top habits for you to integrate...
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What Sports Can Teach Your Kids About Finances
Posted on March 28, 2018
Categories: Financial Education
As a parent, you want to do your best to give your children a great childhood and prepare them to be successful, contributing members of society. One of the ways that many parents are doing this is by encouraging youth sports. They realize that there are great lessons learned from athletics like how to be a part of a team and physical health. It’s also a good way to get kids away from the screens! By the same token, you may not realize that sports, particularly pay to play, have additional...
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First Steps to Financial Fitness
Posted on February 26, 2018
Categories: Financial Education, Personal Finances
Starting a Financial Fitness routine may be one of the best things you can do for your health. You may not realize it, but financial stress can take a toll on your physical and emotional well-being. If you are one of those who have or are experiencing financial stress, you are not alone. In fact, the leading stressor of Americans is related to finances. Stress, if left unchecked, can lead to changes in your body and mood such as: heart disease, obesity, headaches and depression. Whether...
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How Reading Can Improve Your Financial Well Being
Posted on January 23, 2018
Categories: Financial Education
Does being a reader make you more of a leader? Well that might be the case in life and the financial world. When infamous Warren Buffett was asked about his success he pointed to a stack of books and said, “Read 500 pages like this every day. That’s how knowledge works. It builds up, like compound interest. All of you can do it, but I guarantee not many of you will do it.” Most likely if you’re reading this article, you already see some value in the declaration and...
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Web Security for Small Business Owners - What You Need to Know
Posted on December 28, 2017
Categories: Business Banking, Cyber Security, Financial Education
It’s a typical day for a local real estate agent, until the click of an email threatens the entire business. Large corporations, small businesses and as shown in recent days, not even the government is immune to cyber-attacks.
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Cyber Security 101 - Learning the Basics to Keep Yourself Protected
Posted on November 28, 2017
Categories: Cyber Security, Financial Education
Welcome to Cyber Security 101. Grab your pen and paper, it’s time to take some notes about cyber security! While there won’t be a test at the end, there are real-world consequences to disregarding your online security. You wouldn’t want your personal information in the hands of the wrong person.
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Four Ways to Raise Your Financial Game
Posted on November 7, 2017
Categories: Financial Education, Personal Finances
Whether you’re a football fanatic whose weekly happiness hinges on your team’s performance or you can’t tell the difference between a quarterback and a punter, the game of football can actually teach you a lot about managing your finances. Don’t believe us? Check out the Fairfax State Savings Bank game plan that can help you earn a financial win.