Tax Law Changes: A closer look at individual taxes and what the changes mean for you | F&M Trust Money Moves Tax Law Changes: A closer look at individual taxes and what the changes mean for you Money Moves Savings Retirement A new presidential administration often means a variety of new tax law…

Why keeping up with the Joneses is never a good idea | F&M Trust Money Moves Why keeping up with the Joneses is never a good idea Money Moves Savings Community Your neighbor just bought a new 21-foot bass-fishing boat (and a new truck to tow it). Your sister just posted more pictures of her…

How to teach kids financial responsibility with an allowance | F&M Trust Money Moves How to teach kids financial responsibility with an allowance Money Moves Savings Starting a Family Community The debate over whether to give kids an allowance is as old as the practice itself, but the benefits of…

Money myths: My partner manages our finances, so I don't need to think about it | F&M Trust Money Moves Money myths: My partner manages our finances, so I don't need to think about it Money Moves Community Family In this new Money Moves series, we’ll tackle money myths and reveal the enlightening…

A closer look at the link between money and happiness | F&M Trust Money Moves A closer look at the link between money and happiness Money Moves Savings Community Can money buy happiness? It’s difficult to answer that question, but we do know this: Money — the mismanagement of it and the lack of it …

First quarter 2021 economic review and outlook | F&M Trust Money Moves First quarter 2021 economic review and outlook Money Moves Community Savings In this first quarter of 2021, the weather has broken, vaccine delivery is accelerating and we are starting to feel a sense of freedom may just be…

Post Covid Investing: Time for a Deeper Look | F&M Trust Money Moves Post Covid Investing: Time for a Deeper Look Money Moves Community Savings As the worst of the pandemic gradually recedes, investors are going to be bombarded with statistics that will, on their face, seem outlandish. Year over…

Beware of unemployment fraud — even if you’re employed | F&M Trust Money Moves Beware of unemployment fraud — even if you’re employed Money Moves Community Scammers have long known how to use stolen identities to commit fraud, for instance, unemployment fraud. Unemployment fraud is more prevalent…

Checking your credit is free, for now - here' s why you should take advantage | F&M Trust Money Moves Checking your credit is free, for now - here' s why you should take advantage Money Moves Community Savings Buying a Home Recently, the three national credit agencies — TransUnion, Experian and…

What is a balance transfer — and when does it make sense? | F&M Trust Money Moves What is a balance transfer — and when does it make sense? Money Moves Community Savings A balance transfer is a credit card transaction where you move your credit card balance from one card to another — typically a…

IRS extends federal tax payment deadline to May 17 | F&M Trust Money Moves IRS extends federal tax payment deadline to May 17 Money Moves Community Savings Taxpayers now have until May 17, 2021, to file and pay their taxes without penalties or interest. This is about a one-month extension beyond…

How to spot investment coaching scams | F&M Trust Money Moves How to spot investment coaching scams Money Moves Community “My program is going to make you a lot of money. I’ll show you how to do everything you need to do to be successful.” Ads like this are usually a scam. The Federal Trade…

Individual investor muscle | F&M Trust Money Moves Individual investor muscle Money Moves Community Savings As January closed there was some very unusual excitement in the stock markets. The price of shares of videogame reseller GameStop, which had languished for years near $5, suddenly began to…

Investor Alert: Robinhood app hit with hefty fine from federal regulators | F&M Trust Money Moves Investor Alert: Robinhood app hit with hefty fine from federal regulators Money Moves Community Savings The Securities and Exchange Commission (SEC) recently charged Robinhood Financial LLC for…

Gift values during a pandemic | F&M Trust Money Moves Gift values during a pandemic Money Moves Community Savings Retirement The value for federal gift tax purposes of a gift of $100,000 in cash is $100,000, and the same is true for the value of $100,000 worth of publicly traded stock. Those are…