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Archive - April 2021

6 Smart Money Moves for New College Graduates

6 Smart Money Moves for New College Graduates

Posted On: April 26, 2021 by Farmers Trust & Savings Bank in: Money Management

More than 70 percent of college graduates began their career owing more than $37,000 in student loans in 2017. Considering the additional living expenses they’ll soon face, new college graduates would be wise to focus on their financial future right now. Farmers Bank has highlighted six smart financial decisions college graduates should consider to position themselves for financial success as they embark on their next phase of life. 

The habits new graduates develop right...

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Tips During Low Interest Rate Periods

Tips During Low Interest Rate Periods

Posted On: April 20, 2021 by Farmers Trust & Savings Bank in: Budgeting

With interest rates at record lows, consumers face a number of choices for managing their money.  Whether they want to save, spend or invest, consumers are encouraged to consider their options and choose the strategies that best suit their particular financial circumstances.

         Tips for low-interest-rate periods:

Consolidate debt.  With interest rates at historic lows, it makes sense to consolidate debt into one low-interest loan. For...
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