Millennials are showing they are better at budgeting than the average American, according to a study by Earnest, Amino and Earnest. However, it did show they have a weak spot when it comes to finances — retirement savings. The study found that 71 percent of Millennials use a budgeting tool or keep a monthly budget… Read more »
Getting your credit card down to a zero balance is possible – if you know how to do it. According to NerdWallet’s 2019 American Household Credit Card Debt Study, the average U.S. household carried just shy of $7,000 in revolving credit card debt and paid approximately $1,200 in interest. But depending on your circumstances, credit… Read more »
Are you considering a farm expansion, building renovation or new start-up? For farmers looking to expand or start a new operation, it can feel overwhelming. There are the pressures of purchasing the right land or equipment at the right price, developing a business plan and, of course, being a good community partner and steward of… Read more »
If you or a loved one is a veteran of the U.S. military, you’ll find a variety of financial loan options to help you achieve your goals. Many of these financing and banking options provide better rates than conventional loans, with some even offering up to 100 percent financing. The most popular VA program is… Read more »
As a child, Dan Klosterman recalls his parents opening his first savings account with Minster Bank. From his first deposit to his first car loan to financing his farm expansion, he has turned to Minster Bank. Why? Because longevity, trust and personal service still mean a lot in ag business. This business mindset and deep… Read more »
Starting a business at age 21 is scary and nerve-racking, to say the least. You have no idea what you are doing and “literally, no money,” laughs Karla Thornton, owner of the New Bremen Massage Clinic. That was 10 years ago and one-third of the business she has now. Since opening in 2007, Thornton has… Read more »