What is a Money Market Account?
Saving money is something most people agree is important. Whether you’re saving for emergencies, a big purchase, or education, there’s plenty of advice out there. We believe putting money in the bank is a smart way to save, and one option to consider is a money market account.
Tips for Managing Generational Wealth
Generational wealth involves passing assets from one generation to the next, which can include funding education, buying a home, or maintaining charitable contributions. Effective planning is crucial whether you’re building wealth or managing inherited assets, as it helps you achieve your goals.
Ellen Vogeler is Lake City Bank
Why do you value working at Lake City Bank?
I value working at Lake City Bank because of all the opportunities to learn and grow as an employee.
Amanda Ellsworth is Lake City Bank
Why do you value working at Lake City Bank?
Because we really are all one big team here. We get to work together on projects, so we can learn about other departments and become familiar with different roles in the company.
Make the Most of Your 401(k)
Whether retirement is a distant spot on the horizon or approaching quickly, it’s never too late to make the most of your 401(k) plan.
Alma Jimenez is Lake City Bank
Why do you value working at Lake City Bank?
I value working at Lake City Bank for many reasons, but my top reason is that I enjoy mentoring my team. Their ambition makes me want to be my best self every day.
CD vs. Money Market Account: Which One is Best for Your Savings?
Congratulations — you’ve saved up some money and you’re ready to make the most of it! Figuring out how takes a bit of consideration. To make the best choice, think about how long you can keep your money saved, if you want to add more money and how much extra money (interest) you want to earn.
Back-to-School Shopping Made Easy: Save Time and Money with These Tips
Summer is almost over, so it’s back-to-school shopping time. If you’re feeling worried about affording all those school supplies, electronics, clothes and shoes — don’t stress! With a little planning, you can streamline your shopping and save money.
Allie Rhodes is Lake City Bank
Why do you value working at Lake City Bank?
Lake City Bank has provided me with numerous growth opportunities to pursue throughout my career. The training possibilities are endless so we can create our own path.
Achieving Financial Independence: Strategies for Success
Financial independence might seem unattainable, but anyone can achieve it with some thought, work and planning. If you’re wondering why it matters, think about how having enough money to feel secure can make life less stressful.
Plan for Your Summer Vacation Without Breaking the Bank
It’s summer, and that means vacation time! Whether you prefer relaxing by the pool, going on a road trip to explore national parks, or jetting off to points unknown for adventure, having a plan in place makes all the difference.
Five Money Management Tips for Teens
Now that you’re a teenager, you’ve got lots of exciting things to look forward to — including more independence. Now you can decide how you spend and manage your money.
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