Beloit, Wisconsin (PRWEB) February 27, 2015
In recognition of National Consumer Protection Week, March 1-7, First National Bank and Trust (FNBT) is partnering with the American Bankers Association to highlight personal finance resources and urge customers to take an active role in managing and protecting their money.
“We implement numerous safeguards to protect our customers’ money and information, and we also do our best to provide them with Sound Advice and tools to make informed financial decisions,” said Theresa Wendhausen, branding and communications officer for FNBT. “There are many actions customers can take to control their financial future and keep their money safe.”
FNBT recommends that consumers follow these tips to assess their finances, gain control, and stick to a new budget or saving plan:
Create a Budget
Track your income and expenses to see how much money you have coming in and how much you spend. If you have debt, establishing a budget will help you to pay down your debt while saving.
Reduce Your Debt
Establish a budget to pay down debts while you save. Points to consider when cutting debt:
Save for the Unexpected and Beyond
Pay yourself first. Saving is important; it helps ensure that you can endure financial surprises. No matter how old you are, it is never too late to begin saving.
National Consumer Protection Week, observed the first week in March, is a coordinated campaign that encourages consumers nationwide to take full advantage of their consumer rights and make better-informed decisions. For more Sound Advice tips and resources on a variety of personal finance topics such as mortgages, credit cards, protecting your money and saving for college, visit FNBT’s Sound Advice Resource Center or aba.com/consumers.
First National Bank and Trust Company is a family-owned, community bank headquartered in Beloit, Wisconsin. Chartered in 1882, First National Bank and Trust Company now serves more than 27,000 households in 9 communities and 12 locations in Southern Wisconsin and Northern Illinois with assets of approximately $ 820 million. Commitment to full service banking, investments, wealth management, mortgage lending, exceptional service, and Sound Advice has positioned First National Bank and Trust Company as a Stateline leader in the industry. For additional information, visit http://www.bankatfirstnational.com.