5 Tips for Younger Banking Customers

These days, financial literacy for young adults is more important than ever. Fortunately, technology and online banking services make it easy and fun to get started on the right foot when it comes to spending and saving.

Origin Bank has five quick tips for younger customers who want to stay on the right track and ahead of the pack.

Let your smartphone work for you. Origin’s free mobile banking app is available for Apple, Android and Amazon devices, giving you 24/7 access to your accounts. Get email or text alerts for changes in your card status, money transfers and more. The Origin app gives you the power to pay bills, deposit checks remotely or find the nearest ATM – all in the palm of your hand.

Take advantage of Origin’s financial calculator. A new feature on our website, this handy tool helps set realistic goals when it comes to saving for a car, paying off a loan, getting started with retirement and much more. The financial calculator enables you to see how your goals are met over time, which makes budgeting smarter and more effective.

Pay off your credit card each month. Credit card interest is money you’re giving away. The more debt you have, the more you pay in interest. On the other hand, paying off your balance saves cash and raises your credit score, which makes it easier to borrow money or buy a house.

If your company offers a match for its retirement plan, take it. Sure, you’re decades away from retiring, but employer matching programs are free money. Even if you’re not sure about retirement plans or what kind of plan is right for you, never pass up an employer matching program. And remember that a retirement plan is not a payment – it’s an investment. You’re saving money that stays with you.

Take advantage of Origin’s website resources. Origin provides not only banking services to our customers, but also a wealth of resources and information on our Financial Management web page to help you negotiate every day financial decisions.

Origin is not just a bank. We’re a resource for the communities we serve, providing customers with the tools and knowledge they need, especially if they’re just starting. Have a question? The Origin team is here to help.