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Learn the benefits of planning for financial caregiving

Posted On: October 19, 2021 by First Option Bank in: Financial Wellness, Trust Services

Financial independence can be difficult to maintain once you or a loved one becomes ill or mentally impaired. While you can’t plan for every circumstance, there are decisions you can make now that will help make potential unforeseen situations easier. This short course will help you: Explore future situations where you might need a financial caregiver Compile the documents needed to create a financial plan Discuss the topic of appointing a financial caregiver with loved ones LEARN MORE HERE

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Planning for Financial Caregiving

Learn the benefits of planning for financial caregiving

Posted On: October 19, 2021 by First Option Bank in: Financial Wellness, Trust Services

Financial independence can be difficult to maintain once you or a loved one becomes ill or mentally impaired. While you can’t plan for every circumstance, there are decisions you can make now that will help make potential unforeseen situations easier.

This short course will help you:

Explore future situations where you might need a financial caregiver Compile the documents needed to create a financial plan Discuss the topic of appointing a financial caregiver with...
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Tags: financial caregiving, Financial Education, Financial Wellness, First Option Financial Services

Estate Planning

How to use estate planning to secure your future.

Posted On: October 13, 2021 by First Option Bank in: Financial Wellness, Trust Services

Anyone with assets, dependents, or specific wishes for how they want to be taken care of in old age should consider estate planning. Putting off these decisions can cause unnecessary stress during what is already a difficult time for your loved ones.

Learn how to start planning, with insights around:

Why you should consider an estate planning strategy The differences between wills and trusts and the different options available Considerations that should be discussed during...
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Tags: Estate Planning, Financial Education, Financial Wellness

Certificates of Deposit

How to use CDs to reach your financial goals.

Posted On: October 5, 2021 by First Option Bank in: Financial Wellness

Certificates of Deposit, or CDs, are a type of financial account designed to hold your money for a fixed amount of time with low associated risk – and you earn guaranteed interest in return! Learn more about what is involved in opening a CD to decide if this saving tool is right for you.

This lesson will cover:

CD options offered by financial institutions How to calculate your interest earnings The pros and cons of CDs, compared to other accounts

CLICK HERE...

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Tags: Financial Education, Financial Wellness

Economic Update

October 2021 Economic Update

Posted On: October 1, 2021 by First Option Bank in: Financial Wellness, Insurance Services, Investment Services, News

In this month’s recap: Stocks hit some turbulence, turning cautious amid slowing economic growth, and policy debate in Washington.

Monthly Economic Update

Presented by First Option Financial Services, October 2021

 

U.S. Markets

The stock market hit a pocket of turbulence in September, with investors turning cautious amid Delta variant infections, slowing economic growth and ongoing policy debate in Washington.

The...

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Tags: Economic Update, First Option Financial Services

Financial Caregiving

Understanding the expectations of financial caregiving

Posted On: September 28, 2021 by First Option Bank in: Financial Wellness

Being a financial caregiver for a loved one comes with many expectations and demands. In caring and supporting someone else, it’s also important to make sure you are taking care of yourself.

If you’ve been asked to become a financial caregiver, or are considering asking someone to serve as one for you, our course can help you:

Understand the ideal emotional, physical, and mental traits of a financial caregiver Explore different caregiver roles and their associated...
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Tags: financial caregiving, Financial Wellness

Business Plan

A Strong Business Plan Goes A Long Way

Posted On: September 21, 2021 by First Option Bank in: Financial Wellness

Companies with a business plan can grow 30% faster than companies without one – so what are you waiting for? Business plans can seem daunting, but understanding the components can simplify the process and help put you and your company on a path to growth.

This course will give you guidance on:

Understanding the importance of a business plan Developing your own strong business plan Using your business plan to secure funding

Click HERE to Learn More

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Tags: Business Plan, Financial Wellness

Insurance

Shopping for Insurance

Posted On: September 14, 2021 by First Option Bank in: Financial Wellness

Life is unpredictable, but having insurance is one precaution you can take to make sure you’re prepared for whatever comes your way! There are different types of insurance, some that are required and others are a more personal choice. Take 5 minutes to learn more about:

How to evaluate your personal insurance needs Deductible and payment options Ways to feel more confident when shopping for insurance

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Tags: Financial Wellness, Insurance

Paying for College

Discover smart ways to plan and pay for college

Posted On: September 7, 2021 by First Option Bank in: Financial Wellness, Tips & Tricks

It may seem like the cost of college out of reach, but with a little bit of research, planning, and saving, you can figure how to pay for the college education you’ve always wanted for yourself or your children. Take this short lesson to learn more about:

Different ways to pay for college Tools to help you calculate costs and build your college savings Student aid options and other financial supplements

Learn More HERE

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Tags: College, Financial Wellness, Savings

Economic Update

September 2021 Economic Update

Posted On: September 1, 2021 by First Option Bank in: Financial Wellness, Insurance Services, News

In this month’s recap: Stocks rallied, fueled by an improving labor market, strong corporate earnings, and clarity on Fed tapering plans.

Monthly Economic Update

Presented by First Option Financial Services, September 2021


U.S. Markets

Signs of an improving labor market, strong corporate earnings, and more clarity from the Fed on its tapering plans propelled stocks to multiple record highs during August. 

The...

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Tags: Economic Update, First Option Financial Services

Having

Having "the talk" with your family

Posted On: August 31, 2021 by First Option Bank in: Financial Wellness

Subject Line: Have you had “the talk” with your family?

Money can be a difficult thing to talk about – but having proactive, honest conversations about money within your family can help reduce stress and improve the financial capability of generations to come.

Explore our online financial education lessons to learn more about:

Identifying the appropriate family members to include Strategies to make conversations productive How to develop an...
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