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Budgeting

Young person trying to buy a car

First Time Car-Buying Tips

Posted On: November 6, 2024 by Farmers Trust & Savings Bank in: Budgeting, Money Management

Buying your first car is an exciting step – but it can also be overwhelming and stressful. If you take the time to do a little research before visiting the dealerships, your first car-buying experience can be a lot less stressful and a lot more fun!

Visit Farmers Bank to get pre-approved for financing.  Our lenders can get you pre-approved for financing at a great rate that fits your lifestyle and budget. You’ll also know exactly how much you can spend, which will give...

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Person holding paper and using a calculator

Simple Money Management: Balancing Your Checkbook AKA Tracking Your Money

Posted On: July 31, 2024 by Farmers Trust & Savings Bank in: Budgeting

Perhaps you remember your mom or dad – or yourself! – sitting down with their paper bank statement at the end of each month, meticulously comparing it to the check register in their checkbook and making sure finances balanced out.

Well, those days are long gone. Unless you’re paying rent or making a big purchase, most of us no longer rely on checks to make payments. With copious advances in technology, banking online is safe, secure and convenient. It has in many ways...

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notebook stating goals plan action for the new year goals

Financial Preparation for the New Year

Posted On: December 29, 2023 by Farmers Trust & Savings Bank in: Budgeting

Usher in the new year with plans for financial improvement and resolutions to do more. Here are some tips to get you started:

Tune your budget

A budget is just that – a plan that starts with your income and your fixed expenses, such as your mortgage, insurance and utilities. The plan incorporates your savings goals, and the remaining money is designated for your other expenses. Now is the perfect time to assess last year’s budget or create a new one. Reviewing how...

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Pencil erasing the word debt

Debt-free in the New Year? Steps to Get Out of Debt Faster

Posted On: November 7, 2023 by Farmers Trust & Savings Bank in: Budgeting

If you’re one of the millions of Americans who added “be debt-free” to their New Year’s resolutions, check out these simple steps to help you get out of debt as quickly as possible.

List your debts and interest rates. It’s time to be honest with yourself. Write down all your loan balances and their interest rates, which should be listed on each statement, in order of rate from highest to lowest. Focus on the highest rate debt. The highest rate is...
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ghost in grocery bags in a grocery cart

Money-Saving Halloween Tips

Posted On: September 26, 2023 by Farmers Trust & Savings Bank in: Budgeting

Don’t let Halloween spook your pocketbook!

Do you remember the good old days of making costumes out of bed sheets and eating homemade treats – like candy apples and peanut brittle? Well, those inexpensive activities are not as popular as they used to be. The good news is a little creativity and wise spending can make this year’s haunted holiday a treat for both your wallet and your sweet tooth!

Consider these helpful tips:

Make your own costume or...
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jars of savings

Ten Easy Ways to Save Money

Posted On: August 31, 2023 by Farmers Trust & Savings Bank in: Budgeting

There is a lot of advice going around for how to save money, but here are some useful, easy-to-follow tips!

Make a list every time you go grocery shopping, and buy only what’s on it. If you normally go out for pizza once a week, give it up once a month. You could save more than $200 over the course of a year. Instead of buying new or paying to rent them, borrow books, CDs, videos and DVDs from the library for free. Use a clothesline or drying rack to dry your clothes. Bring...
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notebook stating goals plan action for the new year goals

Financial Goals for the New Year

Posted On: January 5, 2023 by Farmers Trust & Savings Bank in: Budgeting

No business in the world would consider going into a year – or even into a quarter – without goals. Why shouldn’t your personal finances benefit from the same type of organization?

Your own financial success is at least as important to YOU as the success a company is to its executives. And, since studies have shown  those who set specific, tangible goals are more likely to meet them than those who approach their lives with a “well, let’s see where this...

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A man at the ATM

All the Ingredients for a Wonderful Holiday

Posted On: December 12, 2022 by Farmers Trust & Savings Bank in: Budgeting

Cook up a memorable holiday with a pinch of gifts, a dash of family time and a healthy mix of vacation…but don’t let your budget burn!

The most wonderful time of the year is not always the most wonderful time for your wallet. Vacation, gifts and holiday meals can all add up. And that’s not even counting any holiday emergencies! You can save up all year for the holidays and still threaten your budget. But don’t fret – we’re here to help when the financial...

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Person holding a high stack of papers

Simplify… Your Paperwork – Your Finances – Your Life!

Posted On: August 23, 2022 by Farmers Trust & Savings Bank in: Budgeting

Buried in forms and statements? Confused by choices and changes in how you bank? Overwhelmed by the time it takes to manage your finances?

We understand – and we can help!

Farmers Bank can help you clear away the piles of paperwork and save you time for your favorite pursuits. We combine the latest electronic services with good old-fashioned personal service. Now you’re in total charge of your financial life!

Add the following services to your checking...

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Offers 7 Tips to Eliminate Debt Faster

Offers 7 Tips to Eliminate Debt Faster

Posted On: April 19, 2022 by Farmers Trust & Savings Bank in: Budgeting

Consider using these tips to take control of your finances

One key ingredient to saving more money is to eliminate debt. Below are seven tips on how to pay down debt faster.

Use tax refund — A new year brings a new tax season. If you are expecting to receive a tax refund in 2022, consider putting all or a portion of that refund toward a debt you want to eliminate this year. Put salary increases toward debt — If you receive a salary increase in 2022, use...
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