It’s Never Too Early to Start Holiday Shopping

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The holiday season always seems to sneak up faster than we expect. One moment it’s summer, and the next you’re staring at a December calendar packed with gift lists, travel plans, and expenses. The truth is, it’s never too early to start holiday shopping! In fact, starting earlier can make your holidays less stressful, more affordable, and a whole lot more joyful. Keep reading to find out why early shopping is a smart move.

1. Spread Out the Costs

Instead of one big financial hit in December, buying gifts gradually allows you to spread expenses across months – and hopefully even pay them off before the holiday season begins. This makes it easier to manage your budget, avoid dipping into savings, and keep credit card balances in check.

2. Take Advantage of Sales All Year Long

Black Friday isn’t the only time for deals anymore. Retailers now launch discounts earlier and keep them running longer. By shopping ahead, you can snag sales on everything from electronics to toys before the holiday rush begins.

3. Reduce Stress and Last-Minute Panic

There’s nothing worse than scrambling through crowded stores or watching “out of stock” alerts pop up online. Shopping early gives you more options, more time for thoughtful choices, and less of that frantic December pressure.

4. Avoid Costly Shipping Fees

When you shop early, you can take advantage of standard shipping timelines and avoid paying premium prices for expedited delivery. That means more money in your pocket for holiday fun!

5. Plan with Purpose

Shopping ahead of time allows you to be more intentional with your gift-giving. You can research, personalize, and even DIY gifts without feeling rushed.

How First Financial Can Help You Stay on Track

At First Financial, we know holiday shopping can put stress on your budget if you’re not prepared. Here are a few ways we can help you start early and shop smart:

  • Holiday Savings Club Account: Open a separate account just for holiday expenses, and make small, automatic deposits throughout the year.+ This way, you’ll already have money saved (that you probably didn’t even miss during the year!) to pay for seasonal expenses.
  • Budgeting Tools: Use our online and digital banking services to track your spending categories and set limits for gifts, travel, and entertaining.* Our website also features no-cost financial calculators and a budgeting PDF worksheet, to help you plan and manage upcoming expenses.
  • Low-Rate Credit Cards: Our credit cards come with competitive rates to help you manage costs responsibly. We also have a variety of options to meet your needs – including a card for those who are trying to build or repair their credit, or ones with rewards or cash back options.**

This year, give yourself the gift of peace of mind by planning ahead. Because when it comes to holiday shopping, it’s never too early to start!

For more financial tips and resources, be sure to subscribe to our First Scoop Blog.

 *You must have an account at First Financial Federal Credit Union (serving Monmouth and Ocean Counties in NJ), and be enrolled in online banking, to use our mobile application. Standard data rates and charges may apply.

**APR varies up to 18%, when you open your account based on your credit worthiness. This APR is for purchases and will vary with the market based on the Prime Rate. Subject to credit approval. Rates quoted assume excellent borrower credit history. Your actual APR may vary based on your state of residence, approved loan amount, applicable discounts and your credit history. No Annual Fees. Other fees that apply: Balance Transfer and Cash Advance Fees of 3% or $10, whichever is greater; Late Payment Fee of $29, $10 Card Replacement Fee, and Returned Payment Fee of $29. A First Financial membership is required to obtain a Visa® Credit Card and is available to anyone who lives, works, worships, volunteers, or attends school in Monmouth or Ocean Counties. Your First Financial Visa® Signature Cash Plus Credit Card will earn cash back based on your eligible purchase transactions. The cash back will be applied to your current credit card balance on a quarterly basis and be shown cumulatively on your billing statement. Unless you are participating in a limited time promotional offer, you will earn 1% cash back based upon eligible purchases each quarter. uChoose Rewards is a registered trademark of Fiserv Inc. Login to uChoose Rewards through Online Banking, by clicking on your Cash Plus Credit Card account to view current offers.

+A $5 deposit in a base savings account is required for credit union membership prior to opening any other account. All personal memberships are part of the Rewards First program and a $5 per month non-participation fee is charged to the base savings account for memberships not meeting the minimum requirements of the program. View full Rewards First program details at firstffcu.com. Some restrictions apply, contact the Credit Union for more information.

Beware of Crowdfunding Scams: What You Should Know

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Crowdfunding platforms like GoFundMe, make it easy to contribute to worthy causes – but that ease can also open the door to scams. During times of disasters and emergency, there are spikes in fraudulent campaigns. In recent years, millions of dollars have been lost to fake charities and crowdfunding scams. These schemes prey on generosity during times of crisis, making it especially important to verify before giving. At First Financial, we believe in empowering smart giving. Here’s how to protect yourself and your finances before you click “donate.”

Red Flags – Spotting a Fraudulent Crowdfunding Campaign

  • Vague or inconsistent campaign details: Legitimate campaigns include clear names, addresses, and purpose. Scams often feature contradicting or minimal information.
  • No digital footprint: If you can’t find anything about the organizer or beneficiary online, proceed cautiously. Fake campaigns often lack verifiable details.
  • Organizer’s social presence is minimal or new: Profiles with few followers or that were recently created can be red flags, so proceed with caution.
  • Poor communication: Scammers will often ignore or give vague answers to your questions.
  • Pressure to act immediately: Messages demanding quick donations, especially citing urgent causes – are often phishing or scam attempts.

Vet Before You Donate

  1. Investigate the organizer: Search their name along with words like “scam,” “complaint,” or “review.”
  2. Understand the cause fully: Know exactly what the funds are for and whether there’s a refund policy if the project fails.
  3. Ask for proof: Request evidence that the beneficiary or project exists and that funds will be used as claimed.
  4. Consider giving directly: Donating straight to established charities may be safer and more transparent.
  5. Stay local: Support causes involving people you know personally or local community efforts that you can verify.
  6. Check platform protections: Many platforms offer refund guarantees if fraud is confirmed, and they monitor campaigns for suspicious activity.

What to Do if You Suspect a Scam

If you suspect a scam, report it immediately to the crowdfunding platform, then warn others by using comments or social media posts to spread the word and protect your community. You should also request a refund, as many platforms do have processes in place to return your money should a campaign prove to be fraudulent.

Additionally, crowdfunding scams should be reported to the FTC and your state’s attorney general.

Safe, Thoughtful Giving

Crowdfunding campaigns can support incredible causes, but that impact only holds when the campaign is authentic. Before donating – always pause, investigate, and verify. To stay up to date on the latest scams, subscribe to our First Scoop Blog.

The Pros & Cons of Letting Your Teen Have Their Own Credit Card

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As teens grow, so will their independence and desire to spend money. Here are some things to consider, as well as the pros and cons – when choosing what financial options may be available to your teen as they begin to build their financial independence.

Credit Card Pros:

  • Credit History Building: Allowing a responsible teen to be an authorized user on a parent or guardian’s credit card is a good way to start. If your teen is at least 18 years of age and can demonstrate independent income, or if they have a co-signer who is at least age 21 – they can apply for a credit builder card like our First Step Credit Card.* This will help them start building a credit score early, setting them up for future milestones like renting an apartment or financing a car.
  • Convenience & Cash Safety: Using a card is easier and safer than carrying cash, especially for online purchases.
  • Parental Oversight: With monitored statements and spending limits, you can review and guide your teen’s card usage and teach them financial responsibility.

Credit Card Cons:

  • Risk of Debt: Teens may overspend if not watched closely. High interest and large balances can quickly become problematic.
  • Credit Damage: Missed payments or maxed-out balances can hurt your teen’s credit score and potentially yours, if they’re an authorized user on your account or if you are a co-signer.

There are also some pros and cons for adding your teen as an authorized user on your credit card.

Authorized User Pros:

  • Credit Boost: Your teen will build their credit without needing a separate application.
  • Fully Supervised: You get to maintain control, get the statements, and manage spending limits.

Authorized User Cons:

  • Credit Entanglement: Your credit habits directly influence your teen’s, so any late payments or high credit utilization will affect both credit scores.

You’ll need to weigh out all the options and decide which might be the best fit for your teen and your household.

For younger adults between the ages of 14 and 23, First Financial offers a Student Checking Account – which comes equipped with their own debit card.** If you’re not quite ready to add your teen as an authorized user or for them to have their own credit card, having their own debit card would be a smart place to start.

Student Checking & Debit Card Perks:

  • Safe Spending: A student checking account with its own debit card, encourages budgeting and responsible habits without debt risk.
  • Visual Learning: Teens will gain real life experience tracking balances, spending, and earning — a practical path to financial responsibility.

Teaching Financial Responsibility Along the Way

It’s not just about having a card or not, it’s about creating a healthy relationship and mindset surrounding money.

  • Budgeting & Banking Basics: Start with allowances or part-time earnings, and show your teen how to prioritize needs vs. wants, and plan ahead.
  • Real Conversations Lead to Smart Habits: Open discussions about money and sharing household budgeting decisions will help teens feel included and more invested in learning.

Make the First Step with First Financial

We’re committed to empowering young adults and their parents, with financial tools and skills that will last a lifetime. Contact us today with any questions or to help you choose the option that will best fit your teen’s path toward financial independence and success.

*APR varies from 17.15% to 18% for the Visa® First Step Credit Card when you open your account based on your credit worthiness. This APR is for purchases and will vary with the market based on the Prime Rate. Subject to credit approval. Rates quoted assume excellent borrower credit history. Your actual APR may vary based on your state of residence, approved loan amount, applicable discounts and your credit history. No Annual Fees. Other fees that apply: Balance Transfer and Cash Advance Fees of 3% or $10, whichever is greater; Late Payment Fee of $29, $10 Card Replacement Fee, and Returned Payment Fee of $29. A First Financial membership is required to obtain a Visa® Credit Card and is available to anyone who lives, works, worships, volunteers, or attends school in Monmouth or Ocean Counties. A $5 deposit in a base savings account is required for credit union membership prior to opening any other account/loan.

**A $5 deposit in a base savings account is required for credit union membership prior to opening any other account. Debit Card must be linked to a First Financial Checking Account. Debit Cards are available for First Financial members with Checking Accounts only. All personal memberships are part of the Rewards First program and a $5 per month non-participation fee is charged to the base savings account for memberships not meeting the minimum requirements of the program. View full Rewards First program details at firstffcu.com.

How Small Businesses Can Stand Out This Back-to-School Season

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Businesses that take advantage of holidays and key seasons where shopper demand tends to increase, typically see more shoppers and in turn – more sales. Customers are already shopping for back-to-school, so using strategies that will propel your business into the spotlight can help you earn a slice of that spending pie – which is estimated to reach $39 billion this year. And the best part is, your business doesn’t have to sell school supplies or first day of school outfits to join in. Here are five strategies your small business can use this back-to-school season.

1. Contests and Giveaways

Contests and giveaways are typically a win-win for both you and your customers. Your customers will have the chance to engage with your business and potentially receive a prize in return, which will help get the word out about your business and hopefully attract new patrons. One contest idea for this time of year, might be entering all who make a purchase and post a photo using a specific hashtag – into a drawing for a free backpack filled with school supplies. If you’re looking to connect with a specific type of customer, such as a teacher – think about offering a gift card for classroom supplies to an educator who posts their classroom, again using a specific hashtag. #PeopleLoveFreeStuff.

2. Create In-Store Experiences

If you have a storefront, you have a unique opportunity to create in-store back-to-school themed experiences for your customers. For example, you could invite a local teacher or school administrator to host a session for parents and students. Or, you could set up a back-to-school themed photo op within your store for customers to take pictures. Bonus points if they post the pictures and tag your business! Whether your customers didn’t know you had these experiences until they were already in the door, or they came to your business knowing you did – this shows your clientele that you care and are community focused too.

3. Offer Discounts

Back-to-school shopping is typically a family’s second-largest annual spending event and parents are understandably looking to save where they can. That’s where your business comes in – even if you don’t directly offer school essentials. You can encourage first-time shoppers to return to your store a second time, by offering them a back-to-school seasonal discount. For example – try using email or social media to offer a percentage or dollar amount off the next purchase, or a free product or service if they bring in their receipt from the last purchase. If you are targeting parents, show them how the savings they may get by shopping with you – can be put back into their budget elsewhere.

4. Special Bundles

Messaging is key. You might be thinking, “What does my pool cleaning company have to do with back-to-school?” The answer is everything – kind of.

If your business offers a product that is needed by parents, children, or educators during back-to-school season – offer them a bundle on your services. This can add value when you show your potential customers that you can save them money or trips to the store, just by choosing your business. Going back to our original example, if you own a pool cleaning company – offer a discounted bundle on early September pool skimming and equipment maintenance to save busy working parents from having to do it themselves. It’s all about how you market your business, and show how it’s relevant – in any season.

5. Don’t Forget Your Existing Customers

As a small business, your repeat customers are some of your best advocates. You have already earned their trust, they spend money at your business, and they promote your brand to others free-of-charge – so be sure to thank them for it! Offer special discounts or deals for returning customers as a way to say thank you for supporting your business, and showing them that you want to make back-to-school season a little easier on their wallets.

The excitement and nerves of back-to-school season are feelings that many people resonate with all-too-well. If your business can lean into the excitement and ease some of those nerves by offering shoppers what they need when they need it, you may be able to capitalize on back-to-school season and continue building a loyal customer base well into the future.

Learn more about how First Financial can help support your small business by emailing us at business@firstffcu.com. Be sure to check out all of our small business services on our website. For better business banking, Think First!

Summer 2025 Newsletter

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We’re adding one more item to your summer reading – because the First Financial Summer Member Newsletter has arrived!

In a continued effort to go green, we’re publishing our quarterly member newsletter electronically – it can also be found on our website and social media sites. Paper copies will be available in our branches.

The Summer First Edition Member Newsletter features the following articles:

To view a copy of the newsletter, click here.

We hope that you enjoy making memories with your loved ones before the sun sets on summer!

How to Budget After College: A Guide to Adulting with Your Money

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As you move the tassel on your cap from the right side to the left on graduation day, it might feel like just yesterday that you were setting foot in your first college class. Moving the tassel at graduation is a right of passage – it signifies successfully completing the requirements of your degree, beginning a new chapter in your life, and hopefully starting to receive a steady paycheck. Although creating a plan for your new post-grad income and the expenses that come along with it, might seem overwhelming – it is a practice that will lay the groundwork for continued financial success. Here’s how you can create your first post-college budget to help you stay on track, reach your monetary goals, and feel confident about your financial future.

Step 1: Look at Your Paystub

When you accepted your first job offer, you were likely told a gross salary or hourly wage that you could expect to receive. The keyword is gross – that is, the amount of money you earn before any deductions are subtracted. The amount that you make and the amount that will be deposited into your bank account are two very different things. Your pay stub should break down every item that is taken out of your gross pay. Some of those items are taxes, social security, and health insurance premiums. It’s a good idea to look at your paystub from time-to-time to ensure that everything you don’t see in your bank account looks correct.

Step 2: Identify Your Monthly Take Home Pay

Once you’ve found your way out of the “deductions jungle,” you will arrive at your net or take home pay. If this isn’t the first paycheck you have received from this employer, this number should look familiar – it’s what gets deposited into your bank account every payday. If you are paid semi-monthly (the 1st and 15th or the 15th and last day of the month), you can multiply this number by two to get your monthly take home income. If you are paid bi-weekly, you can generally do the same – though there are typically two months a year in which you will get three paychecks.

Step 3: Figure Out Your Fixed and Variable Expenses

There are various factors that will impact what your fixed and variable expenses are as a recent graduate. Will you be living with your parents, living with a roommate, or living on your own? Are you expected to be working in-person or remotely? Do you have student loans? Fixed expenses are those that are predictable in frequency and cost and can include rent/mortgage, student loan payments, insurance premiums, and phone bills. Variable expenses are those where frequency and cost change based on your consumption or usage and can include utilities, groceries, entertainment, and gas. Expenses can be necessary, necessary periodic, and optional. While a vet bill for your sick puppy might be a necessary periodic expense (you aren’t expecting your puppy to get sick regularly), a concert ticket is probably optional (yes, even if you have FOMO). Make a list of your necessary fixed and variable expenses, as well as what their costs might be, to begin constructing your budget.

Step 4: Crunch the Numbers

Subtract all of your necessary fixed and variable expenses from your monthly take home income. One of two scenarios will be true – your expenses will cost more than your income or you will have extra money after your necessary expenses are paid. Ideally, we hope that your situation is the latter. If your expenses cost more than your income, you will want to consider ways that you can cut expenses, find a part-time job, or start a side hustle to bridge the gap. If you have money leftover after your expenses are paid, consider some of your short and long term financial goals. If you don’t have an emergency fund, which experts recommend should cover approximately 3-6 months of living expenses – that’s a good place to start.

If you’re looking for a straightforward budget that breaks down your monthly income and expenses, check out our fillable budget worksheet.

New Expenses to Expect After College

If you recently graduated and are looking at your budget wondering where all of the expenses are – don’t worry, they’re coming. On a more serious note, there will be new expenses that you can expect to appear now that you are out of college. If you took out student loans, you may have to begin repayment in the months following graduation depending on your situation and your lender. If you shared a family car or didn’t have a car in college, you may be considering an auto loan or lease to have reliable transportation to and from your job. If you haven’t started saving for your retirement, your first job is an ideal time to start – so that you make saving for your financial future a habit early on.

If you’re in Monmouth or Ocean Counties in New Jersey and finding a reliable financial institution to bank with is on your post-grad to-do list, consider a credit union like First Financial. Becoming a member is as easy as depositing $5 in a base savings account and entitles you to a wide range of financial solutions from low-rate loans to everyday checking accounts – all equipped with personalized service.*

*A First Financial membership is required to obtain any account or loan and is available to anyone who lives, works, worships, volunteers or attends school in Monmouth or Ocean Counties. See credit union for details. A $5 deposit in a Base Savings Account is required to establish membership prior to opening any account/loan.