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WelcomeWelcome LoginSeptember 17, 2024
Benjamin Franklin once said, “An ounce of prevention is worth a pound of cure.” There is no more appropriate mission statement when it comes to retirement and the potential surprises that might arise during this important life stage. Proactive prevention establishes financial awareness that will help mitigate these surprises and create retirement longevity for your investment portfolio.
January 19, 2024
According to a recent survey, 30 percent of American adults say they don’t pay all their bills on time, causing them to pay extra interest and lofty late payment fees. Autopay and bill pay tools allow you to set up automatic payments for your recurring monthly bills. Understanding the details of how to make these systems do their best for you can help to save you money!
December 29, 2023
Now is a great time to conduct a financial checkup! Here are some things to review to help you start the new year on the right foot.
November 10, 2023
Scammers tend to kick it into overdrive during the holidays, according to the FBI, when more people are shopping online and also feeling pressure to purchase gifts for friends and family that will arrive on time. Non-delivery scams cost Americans hundreds of millions of dollars every year, with credit card fraud accounting for the majority of losses. Read on for some tips to help avoid online scams during the busy shopping season.
August 10, 2023
An emergency fund is a vital part of healthy finances. If there’s one constant in life, it’s that it is not constant. Unexpected expenses appear out of thin air. You could suddenly find yourself unemployed. There is no way to see the future, which is why an emergency fund is so important. It provides a cushion should you stumble financially. Here’s everything you need to know about this fund.
May 23, 2023
During April’s Financial Literacy Month, German American Bank partnered with Impact-as-a-ServiceTM education innovator, EVERFI, to host the fourth annual Financial Literacy Bee. This digital learning challenge enabled high school students to learn about important financial literacy concepts ranging from budgeting and saving to employment, income, investing, and insurance. Students ages 13-19 were able to compete to win one of $500 prizes by completing a capstone essay entry based on what they learned.
April 26, 2023
Having a plan is the best start to financial success, with the first step being to create a budget! The key is to include as much information as you can, so that you can adequately prepare and plan. Include income, expenses, and how much you should be spending before putting it in writing and evaluating how well you're doing. Use the following guidelines from the American Bankers' Association Foundation to get started!
January 3, 2023
If you’ve had trouble saving in the past, don’t sweat it. Now is a great time to resolve to save more in the months ahead. Here are some proven strategies to set yourself up for consistently spending less while stashing more of your hard-earned money aside for a more financially healthy future.
November 23, 2022
Even before epic inflation settled over the U.S., the most wonderful time of the year can also be the most expensive and stressful period for many adults. Overspending could be one reason many people dread the holidays and the debt hangover that often lingers long after. Consider some strategic ways to stay out of debt this holiday season.
May 24, 2022
During April’s Financial Literacy Month, German American Bank partnered with leading education technology company EVERFI to host the third annual Financial Literacy Bee. This digital learning challenge enabled high school students to learn about important financial literacy concepts ranging from budgeting and saving to employment, income, investing, and insurance.
Students ages 13-19 were able to compete to win a $500 gift card from EVERFI in addition to one of four regional $500 gift card prizes awarded by German American Bank. Participants completed a capstone entry in which they shared a short, medium, or long-term savings goal and outlined a plan for how to get there using what they learned.
September 1, 2021
When your child leaves for college, it is a big event. One thing that you should think about is your insurance coverage and how it could change with your son or daughter away at school. Be proactive about your student’s coverage by taking several factors into consideration.
June 18, 2021
During Financial Literacy Month, German American Bank partnered with leading education technology company EVERFI to host the second annual Financial Literacy Bee. Four regional winner were named, each to receive a $500 savings account from German American Bank. Read the capstone essays of the winners who shared a short-term or long-term savings goal and outlined a plan for how to get there.
December 16, 2019
With the new year upon us, you may be thinking about your resolutions. Give the current-and-future versions of yourself a gift and add “Build My Savings” to your list. The FDIC Consumer News compiled the below top five savings ideas that will help you to get started!
August 15, 2019
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.
July 11, 2019
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.
April 30, 2019
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.
April 16, 2019
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!
November 29, 2018
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.
March 6, 2018
Beep. Beep. Look out! New auto insurance trends are coming through. Read on to understand what may be affecting auto insurance premiums in 2018.
September 28, 2017
With harvest season among us, the risk of hitting a deer increases in the fall and winter. Unfortunately, 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.
August 14, 2017
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.
June 14, 2017
More and more people are using online and mobile channels to pay bills and pay people, manage their financial accounts and make purchases. Are the days of teaching children to save money with the iconic piggy bank obsolete? We think not.
June 14, 2017
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.
June 13, 2017
Clear rain gutters, repair roof leaks and cut away tree branches that could fall on a house, barn, shed, or other structure during a storm...
June 13, 2017
While the minimum limits may provide the cheapest rate in the short term, they don't provide ample protection for what you value most.
June 13, 2017
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.