Banknotes Blog

“Give a man a fish, and you feed him for a day. Teach a man to fish, and you feed him for a lifetime.” Most people are familiar with this time-worn adage, or some variation on the theme, and for good reason: there’s a lot of truth in it. The same principle can be applied to finances.

As a business owner, you have a company to run, and when it comes to retirement options, you just want something that is easy and inexpensive to set up and operate. This is where an SEP IRA or SIMPLE IRA can make a lot of sense.

Inflation is on the rise, the economy slowed dramatically in the third quarter, and yet, the markets staged a strong rally in October. Like the song says, “We got to beware,” and “Everybody [needs to] look [at] what’s going down,” if we want to be able to navigate through the uncertainty.

"Together, everyone achieves more." More than simply a clever mnemonic device that encapsulates the importance a unified collective working toward a common goal – a TEAM – this phrase underpins the approach that State Bank of Cross Plains' commercial & ag, treasury management, wealth management, private banking, and other financial professionals bring with them to the office (or home office) every day. It's a mindset that allows us to maximize results for our partners, and that's helped propel our own business forward for the past 110+ years.

Cryptocurrency is, in a lot of ways, the new Wild West of finance. The following PSA details one of the newer scams out there, and how to avoid it.

Lisa Robb is the founder of Raining Glitter Coaching.

Wealthways celebrates its one-year anniversary.

Sarah Jacobson is the founder of ConfiDANCE.

Becky Allen is the owner of Win the Day Productions.

Interest rates may go up, prices may come back down. We simply cannot predict the future with any certainty. The best strategy is to just do what is best for your current business operations.

Choosing the right person to administer your estate can be hard. Many feel compelled to choose a family member, not realizing there are other, perhaps better, options.

As things continue to play out in ways both expected and unexpected in the markets and economy, we can’t really say that this is just what we thought would happen.

From supply chain issues to employee shortages, the challenges affecting every corner of commerce are also creating difficulties in the ag industry. Your local ag lender can help.

While economic uncertainties are beyond our control, we can be proactive by focusing on things that aren’t. Here are five moves you can make to benefit your retirement over the longer term.

State Bank of Cross Plains has an easy solution to greatly reduce the opportunity for check fraud from your business deposit account: Positive Pay.

When to file for Social Security should not be a one-size-fits-all proposition. Many factors come in to play, and your decision should not be made in a vacuum and certainly not based on a headline.

Jackie Hermes is the founder & CEO of Accelity.

Nancy Pautsch is the chief evangelist of stakeholder value at Envision IT.

Mika Marquart-Carpio is an attorney, a social media marketer, and a serial entrepreneur.

Joyce Marter is a renowned psychotherapist, keynote speaker & author.

If your business requires a physical location, one of the biggest dilemmas can be whether to build, buy, or rent. In truth, there is no one-size-fits-all answer to that question. The most important thing to remember is, the answer that's best for you and your business should be based on facts and not fear of the unknown.