Financial Articles

Financial education is key to a strong financial future. Are you looking to buy a new vehicle, refinance your home, review your insurance options, or focus on retirement planning? These financial articles can help you make smart decisions.

Setting Financial Goals

Deciding how much money to spend or save takes some planning for what you would like to buy and when. When it comes to setting financial goals it helps to make a list of what you would like to have now and in the future along with how much it costs. To figure out how long it will take to get what you want, it helps to consider how much money you make.

Read more

Needs vs. Wants

The American dream is to work hard and have a plentiful, peaceful life for our family. What that looks like and how we get there is different for each person. When faced with a spending decision, knowing if what you are buying is a need or a nice to have can help.  We have to spend money on needs, but wants are important to spend money on too. Some responsible things to consider are when to spend and how much.

Read more

Romance Fraud (Or Online Dating Scams)

As online dating has become more common, there has also been an increase in scams targeting users of online dating sites. A romance scam is a trick where someone pretends to have romantic feelings for a victim, gains their trust, and then uses that relationship to commit fraud. Usually, the crook misleads a victim online and then talks the victim into sending money, sharing personal and financial information, or laundering money for the crook.

Read more

Ways to Create Extra Money for Savings

Without an emergency fund, there is no money to cover unexpected expenses like car repairs or medical bills. However, by taking a look at your current spending habits and setting a saving goal, building a nest egg is a real possibility. Here are some ideas to help free up your money for savings.

Read more

Distracted Driving | Tips to Keep you Safe on the Road

April is Distracted Driving Awareness Month. When looking at the staggering statistics of distracted driving traffic accidents and deaths, one realizes distracted driving is deadly. To promote safe driving and raise awareness, our German American Insurance team came up with a few safe driving tips!

Read more

4 Fraud Prevention Tips for Email

When using e-mail for personal or business use, always exercise caution. The following 4 tips are from German American’s Security Team experts to help you detect, and avoid, fraudulent e-mails.

Read more

Tips for the Season of Holiday Spending

The holidays can be a wonderful time of year, surrounded by family and friends, yet the season of giving can often mean the season of spending…and maybe even overspending. Here are three tips to help you navigate the holiday season within your budget.

Read more

How to Safeguard Your Home from Water Damage

Rain, rain, go away...

We can't control the weather, yet we can prepare for it, which is key to prevent potential water damage to your home. Follow the suggestions below to ensure your home is rain ready.

Read more

Coverage For Renting Out Your Home

There are many reasons you might want to rent out your home on either a short- or long-term basis. Depending on the rental scenario, your standard homeowners policy may not cover losses incurred while your home is rented out, and you may require a more specialized insurance policy.

Read more

Oh Dear | Tips to Remember for Deer-Car Collisions

With harvest season among us, the risk of hitting a deer increases in the fall and winter. Unfortunatly, I have recently fell victim to hitting a deer of my own. Many of us don't expect to be hit with this situation, yet it is always good to be prepared with what you would do. 

Read more

Managing Your Money Through College

Prior to becoming a college student, I didn’t really do much of my own banking besides a deposit or withdrawal here or there. However, when I went to college, I knew that I was going to be on my own with managing my money.

Read more

Navigating the Mortgage Process when Purchasing your First Home

Searching for your first home can be an exhilarating, yet overwhelming time in your life. If you are having trouble with where to start, you are not alone.  With some guidance and organization, German American can help you be on your way to owning your first home. Here are some simple steps to get you started.

Read more

What to do with Your Graduation Money?

Graduates: Congratulations! You have officially graduated which means that you may be sitting on a stack of cash that was given to you from your parents, grandparents, family, and friends. Check out the link for 3 Ideas of what to do with that extra graduation cash before it burns a hole in your pocket.

Read more

Auto Insurance Savings Tips for Students

If you own a vehicle, insurance coverage is a must – even for students. Purchasing an insurance plan that gives you the best protection, yet is affordable, may seem a daunting task especially for students on a tight budget. Most insurance carriers offer cost advantages for students. Here are a few tips to consider.

Read more