fbpx

Financial Literacy Resource Center

Banzai!

First Southern National Bank has partnered with Banzai to bring you clear, in-depth lessons to help you dive into the financial topics you care most about.

Coach: Am I Ready to Retire?

2024-01-02T21:23:13+00:00March 31st, 2020|

Coach: Am I Ready to Retire? HOW IT WORKS Every individual has a different goal for retirement. This Coach guides you through setting a personal retirement goal and predicts your total retirement savings. It then helps you evaluate whether you're on track to meet your goal. To begin the Coach, select "Get Started."

  • FAFSA graphic

Coach: Filling Out the FAFSA

2024-01-02T21:25:03+00:00March 31st, 2020|

Coach: Filling Out the FAFSA HOW IT WORKS Every year, billions of dollars are left in unclaimed federal aid funds. This means that thousands of eligible students aren't filling out and submitting the Free Application for Federal Student Aid, or FAFSA. It may seem intimidating, but the FAFSA is the best way to reduce the ever-rising costs

  • man papering a wall with money graphic

Coach: Your First SBA Loan

2024-01-02T21:25:56+00:00March 19th, 2020|

Coach: Your First SBA Loan HOW IT WORKS Growing a business means you have to raise capital and SBA loans are one way to do that. Get ready to apply for your first SBA loan with this Coach session. Select Get Started to begin and follow along with the Coach. This session will help you evaluate how

  • funds hiding in household items graphic

Build an Emergency Fund Coaching Tool

2024-01-02T21:27:58+00:00March 19th, 2020|

Coach: Build an Emergency Fund HOW IT WORKS An emergency fund is an amount of money you set aside to cover unexpected expenses or to cover basic expenses if there are significant changes to your income. How much you need in your emergency fund is unique to you and your personal circumstances. To find out using this

  • man planning with papers on his desk

Coach: Basic Bookkeeping

2024-01-05T13:51:21+00:00March 18th, 2020|

Coach: Basic Bookkeeping HOW IT WORKS Owning a business means staying on top of financial reports and bookkeeping. Easier said than done. Well, it used to be. This Coach session will guide you through basic bookkeeping principles and provide a spreadsheet for you to create both a Profit & Loss Sheet and a Balance Sheet for your

  • graphic with 3 hour glasses

Coach: Retirement Funds

2020-06-30T19:28:56+00:00March 16th, 2020|

Coach: Retirement Funds HOW IT WORKS When you invest in a retirement account, your money will grow until you're ready to retire. But how do you know whether to use a Traditional or Roth retirement account? The Coach session will walk you through both types of accounts and show how your personal retirement savings will be affected

  • for sale sign with house keys

Selling Your Home

2022-01-26T17:59:15+00:00March 16th, 2020|

Selling your home and buying a new one when you retire can be a taxing experience. Many people remain in the community where they've been living when they retire, though not necessarily at the same address. Others think of retirement as the time to move to the mountains, the desert, the beach, or

  • real estate agent hands keys from new home.

Buying a Home

2020-06-30T19:30:14+00:00March 16th, 2020|

Buying a home may be one of the biggest financial decisions you'll ever make. Start by defining your goals. Consider where you want to live, the features you're looking for, what you can afford, and a realistic date for having the money you'll need. Then apply your knowledge to making this key decision.

  • stores in a line graphic

Asset Depreciation Calculator

2024-03-12T17:38:58+00:00March 13th, 2020|

Asset Depreciation Calculator HOW IT WORKS The value of an asset will most likely decrease over time. This means that many business purchases will need to account for deprecation in order to calculate the correct tax deductions each year. To achieve this, the cost of an asset should be spread evenly over its useful life; this is

  • home items graphic

Cost of Living Calculator

2024-01-02T20:50:03+00:00March 13th, 2020|

Cost of Living Calculator HOW IT WORKS Not all cities cost the same to live there, so it's important to predict what expenses will change if you move and by how much. The Cost of Living Calculator is a tool that will show you a comparable salary between two different cities as well as how prices may

  • illustration of senior man sitting on his porch

Retirement Calculator

2024-01-02T18:45:26+00:00March 12th, 2020|

Retirement Calculator HOW IT WORKS It's critical to begin saving for retirement as early as possible; that's because it can take time for your funds to grow. This calculator will allow you to see how much you need to save now in order to enjoy your current standard of living when you retire. Start by entering

  • gold bars graphic

Savings Calculator

2021-05-11T15:26:05+00:00March 12th, 2020|

Savings Calculator HOW IT WORKS With a savings account, your money will grow over time. That growth will change based on how much you save each month, the interest rate on the account, and how long you save. This calculator is designed to illustrate how your savings will grow. Enter how much you will contribute to

Go to Top