Saving
Saving money is important at any age. It provides financial security and a cushion for unexpected expenses, helps achieve long-term goals like buying a home or funding education, and prevents reliance on high-interest debt. Saving money also offers peace of mind and ensures you can enjoy a comfortable retirement without financial strain.
-
Types of Savings Accounts - Mid Penn Bank
If you're building an emergency fund, saving for a big purchase, or getting money together to invest, using an insured savings account can put you on the right road.
-
How Do I Build Credit? - MId Penn Bank
A good credit score has a major impact on your finances, so it’s important to start out strong.
-
50/30/20 Calculator - Mid Penn Bank
The 50/30/20 Rule is a guideline developed by U.S. Senator and bankruptcy law expert, Elizabeth Warren.
-
Meet Your 401K - Mid Penn Bank
Even if you’re just starting your first real job—actually, especially if you’re just starting your first real job—it’s time to start thinking about retirement.
-
Power of Compounding Interest - LeTort Trust
Compound interest is what you get when you reinvest your earnings; making money on money earned in savings account.
-
Guide to Teen Roth IRA - LeTort Trust
A Roth IRA is one of the best ways for teens to get started investing in their futures. Learn more!