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Father’s Day Financial Tips

Dad. Pops. Papa. Father.

photo of James R. Kennedy, Jr.Publish Date June 13, 2019

 

Whatever you call that special man in your life, our dads provide us with life lessons from riding our bikes and changing tires to learning how to treat others with respect and kindness. This Father’s Day, Fidelity Bank & Trust is celebrating all dads and the financial lessons they’ve taught us over the years.

Jim Kennedy Jr. of Fidelity Bank & Trust, remembers some of the best financial advice he learned from his father, Jim Kennedy, who has been a part of the banking community for more than 40 years. 

“The concept of learning to save at a young age was extremely important in our household,” says Kennedy. “We learned financial literacy, the importance of maintaining good records and learning how to track our spending, and the benefits of saving for retirement.”

“I remember when my dad sat me down and we opened my first checking account,” shares Kennedy. “He showed me how to run the checking register and how to document and track my spending properly. While many people don’t write checks, or balance a checkbook these days, the idea of good records, knowing how much money is in your accounts and paying attention to what you are spending should not be lost.”

“If you are looking to monitor your finances online, Fidelity’s online banking offers the ability to easily review account balances, receive eStatements and more to ensure you’re always monitoring your account activity.”

When it comes to financial advice, the Kennedy family understands banking. Jim Kennedy Jr. is part of the fourth generation of his family to work in banking.

“I started working in banking as a teller 20 years ago,” said Kennedy. “During the past years, I’ve learned a lot from my dad and my coworkers as I’ve continued my career in banking. My father purchased Fidelity Bank & Trust in 1980 in Dyersville and has worked hard to establish great customer relationships and commit himself to the communities our branches reside in. He’s 84 years young, and still comes into the office to this day!”

At Fidelity Bank & Trust, we’re committed to providing our customers the best possible financial advice when you need it.

“Our staff is extremely knowledgeable and helpful to our customers whether they are just starting to save as a child or are looking to plan for their retirement. No matter what stage you’re in, the team at your Hometown Bank is here to help you get to where you want to be financially.”

If you’re ready to start building great financial habits, or simply capitalize on the financial success you already have, Fidelity Bank & Trust can help. Click here to visit our blog for helpful tips on everything from tracking your spending to finding the personal solution that’s right for you.

Plus, visit us on Facebook to share the best financial advice you’ve learned from your dad to celebrate Father’s Day!