Owning a business comes with great responsibility. Taking over a family business that’s been around for over 100 years adds yet another layer of complexity. Learn a few tips from Gag Sheet Metal located in New Ulm, Minnesota.
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5 ways to improve your mobile banking experience with Bank Midwest
Whether you want to maximize your management or keep it simple, the Bank Midwest app has tools to build your financial journey for your specific needs. Here are five ways to customize your Bank Midwest mobile banking app to fit your needs.
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Credit Card Balance Transfers: What You Need to Know
A credit balance transfer is a potential solution that you can use to avoid high interest and pay off credit card debt. But you will need to use this method carefully because it doesn’t truly eliminate your spending history.
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What types of business loans are there?
The right type of financing can help you achieve your dreams and goals as a business owner. There are many different types of business loans specifically for businesses that are designed to fulfill certain needs. While a professional loan officer can help you pick the right financing option for your business’s requirements, start here…
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4 things you need to know about your money and higher Federal interest rates
The Federal Reserve, or The Fed, raised interest rates this year to combat rising inflation. Here are four things you need to know about your finances with raised federal interest rates.
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How much does it actually cost to own a dog or cat?
What do you need to consider when you want to bring a furry friend into your family? Here are the steps you need to take to explore the expected annual costs of owning a dog or cat.
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6 types of fraud in business
Fraud is serious business. The best way to protect your business from fraud and corruption is to understand the risks and put preventative measures in place.
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4 types of helpful tools every small business needs to start up
You may be starting a business with your own drive, passion, and talents. But you’ll need some critical business tools to keep it going. Luckily, there are plenty of options to help you stay on track of anything business-related, from cash flow to communication. Here’s our breakdown of the essential tools you need to make your business run like a machine.
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Stressing over money? Here are 3 ways to mindfully manage your finances
With uncertainties in the economy, constantly-changing markets, and huge life changes, it’s get caught in an anxiety spiral. But you’re not alone. Everyone’s financial situation is unique and needs specific solutions. But there are steps you can take to care of your mind when you’re dealing with financial stress.
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Different types of business structures
Have you been wondering what the difference between certain business structures is and which one would be best for you? Read on.
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Ways to plan better and save more for your next big move
There are so many exciting reasons to move to a new place. But picking up your life to move somewhere else is never easy. Follow these ten tips for your next move to start planning better and saving more.
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Importance of profit and loss statements
A profit and loss statement is a necessary summary of business operations and it is important to understand it from creation to completion. The P&L along with other financial documents are useful when requesting financing.
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Planning a trip? Protect your money when you travel with these tips
When you’re taking your dream vacation, you don’t want to have to worry about theft or fraud. Follow these four tips to protect your money and spend safely while you’re traveling.
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5 quick steps for using safe online banking today
For safe online banking, your security decisions will protect your accounts from hacking and fraud. Follow these five quick tips to bank safely from your computer or mobile device.
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The value of cash management services
A company’s financial stability relies on effective and efficient cash management and the overall, long-term success of a business is heavily dependent on these kinds of financial services. Not every solution will be the same so talk to your business banker to learn what will work the best for your business’s long-term goals.
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3 budgets to help you spend wisely and save more
When it comes to building a budget, there’s no one-size-fits-all approach. But there are lots of strategies that will help you keep track of your money, spend it wisely, and save more. Here are three budgets that will help you build your dream life by putting your savings first.
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3 simple steps to boost your credit score today
You may find that your credit score, no matter your age, is not where you’d like it to be. Your credit score is important, and there are many ways you can increase it over the course of a few months.
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Health savings accounts, explained
What is a Health Savings Account or HSA? HSAs are tax-free investment accounts designed to help people pay for future medical costs, like deductibles and co-pays. It goes hand-in-hand with your health insurance coverage and functions like a checking account to pay for your health-related expenses.
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The best ways to build a stronger financial plan this year (plus resources!)
The new year is an opportunity to reset and build momentum for your financial goals. Here are Bank Midwest’s top tips and resources to ensure you’re on track to meet your life goals this year.
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Digital payments explained
You may have been using digital payment methods without even thinking about it, as they have become so common in our society. At its core, a digital payment is a transaction or financial transfer that takes place without the use of physical cash.
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