Skip to Content
Farmers & Merchants Bank & Trust
  • 1-800-789-6617
  • Contact Us
  • Locations & Hours
Facebook Icon Menu
  • Home
  • Business
    • Commercial Loans
    • Business Checking Accounts
    • Savings & Money Market Accounts
    • eBanking
    • Business Credit Cards
    • Deposit Rates
  • Personal
    • eBanking
    • Checking Accounts
    • Savings & Money Market Accounts
    • CDs and IRAs
    • Deposit Rates
    • Fraud & Identity Theft
    • Galaxies Unlimited Kids Club
    • Personal Credit Cards
    • Debit Cards
  • Trust
    • Trust Services
  • Lending
    • Commercial Loans
    • Mortgage Loans
    • Consumer Loans
    • Personal Credit Cards
    • Business Credit Cards
    • NMLSR Numbers
    • HELOC
  • About Us
    • Mission and History
    • Meet the FMBT Team
    • Security & Privacy
    • Hi-Q
      • Advisor Resource Tab
    • Locations & Hours
  • Blog
  • Careers
Online Banking

Money Matters Blog

Home Blog Graduation Is Coming – Are You Ready?
  • Aa
  • Aa
  • Aa

Graduation Is Coming – Are You Ready?

Posted On: January 13, 2020 by Farmers & Merchants Bank & Trust in: Budget Save

  • 2 Comments
  • Facebook
  • Twitter
  • LinkedIn
  • Pinterest
  • Email
Graduation Is Coming – Are You Ready?

It’s never too early to save for college. Some parents start college funds even before their kids are born. If you have yet to jump on the savings train, it’s not too late to get serious about saving while in high school. The average cost of in-state tuition is around $9,000 in Wisconsin and almost $13,000 in Michigan. Every dollar that you can save now will make a difference in the long run. 

Beef Up Those Grades

If there’s any time to hit the books, it’s now. Grades never mattered as much as they do in high school. Colleges will look at these not only for admission purposes, but also for scholarship consideration. Getting good grades takes some effort and dedication, but it will help you financially in the long run. Not to mention it will help to make you a better student in college, which may lead to you getting more scholarships in college and even a better paying job when you graduate.

Get Involved

Don’t shy away from putting yourself out there! Sign up for extracurricular activities whether they are academic or athletic. Colleges will like that you have interests outside of the classroom. They may notice that you’re a team player, creative or like to challenge yourself. 

Look for a Side Gig

Don’t turn away from a part-time job! Any money you are able to save now can make a difference, especially if you’re able to work all four years. If you make $400 a month, that is close to $20,000 you can have by the time you graduate. 

Take AP and College Courses Now

Advanced placement classes are incredibly challenging. However, if you’re able to take them and do well on the final exams, you can earn college credit for free! Take advantage of every opportunity you can to get college credit while in high school. Think about how great it would be if you could cut down your college years by a year or more! 

Start Scouting for Scholarships 

Another side job you should consider is researching and applying for scholarships. There are scholarships for nearly everything - even being left-handed! Consider spending an hour writing a scholarship essay, and you could end up receiving $1,000. You just made $1,000 an hour. 

Start a 529 Plan

Is high school too late to start a 529 savings plan? Absolutely not. There are tax benefits to having one that will still be a helpful fund towards college admission. 

To learn more about ways to save or starting a savings plan, contact us at Farmers & Merchants Bank & Trust. 

Tags: graduation, savings

0 comments

Featured Blogs

  • FMBT Wins Best Bank in the Community!

    FMBT Wins Best Bank in the Community!

    Categories: Community

  • Categories
  • Recent
  • Archives
  • Budget
  • Community
  • Cyber Security
  • Family
  • General
  • Mortgages
  • Save
  • Seasonal
  • FMBT Wins Best Bank in the Community!
  • FMBT’s Response to Silicon Valley & Signature Bank Failures
  • Stay Safe Online While Holiday Shopping
  • Special, Yet Inexpensive Christmas Gift Ideas
  • How to Know if it’s the Right Time to Refinance
  • Finance Tips for Soon-To-Be Newlyweds
  • Most Common Money Mistakes to Avoid in Your 30s
  • 5 Steps Towards Tackling Your Student Loans
  • Smart Money Choices for First-Time Parents
  • Finance Tips Your Kids Should Know Before College
  • July 2023
  • March 2023
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • Personal
  • Business

Online Banking

Enroll Forgot Password?

Online Banking

Forgot password or PIN?
  • Deposit Rates
  • Order Checks
  • Contact Us

Popular Visited Pages

  • Meet the FMBT Team
  • eBanking for Individuals and Families
  • Locations & Hours
  • Contact Us
  • Your Hub for Hi-Q
  • Deposit Rates
  • Checking Accounts
  • Blog
  • Security & Privacy
  • Careers at FMBT
  • Our Mission and History
  • Mortgage & Home Loans
  • Commercial Loans
  • Business Checking Accounts
  • Calculators

Contact Information

Ludington:  (715) 735-6617

Roosevelt:  (715) 732-4411

Crivitz:  (715) 854-7445

EZ Access Banking:  (877) 735-4228

Lost/Stolen Debit Card?:  (833) 613-0441

Lost/Stolen Credit Card?:  (866) 552-8855

Routing #:  075901037 *

* Not to be used for wire transfers. Please call us for wire instructions.

© 2025 Farmers & Merchants Bank & Trust. All rights reserved.
Privacy Policy | Mobile Privacy Policy | Terms of Use | USA Patriot Act | Website Accessibility Notice | Sitemap
Financial website created and powered by forbinfi.

  • FDIC Logo
  • Equal Housing Logo
Back to Top
Close
  • Home
  • Business
    • Commercial Loans
    • Business Checking Accounts
    • Savings & Money Market Accounts
    • eBanking
    • Business Credit Cards
    • Deposit Rates
    • Back
  • Personal
    • eBanking
    • Checking Accounts
    • Savings & Money Market Accounts
    • CDs and IRAs
    • Deposit Rates
    • Fraud & Identity Theft
    • Galaxies Unlimited Kids Club
    • Personal Credit Cards
    • Debit Cards
    • Back
  • Trust
    • Trust Services
    • Back
  • Lending
    • Commercial Loans
    • Mortgage Loans
    • Consumer Loans
    • Personal Credit Cards
    • Business Credit Cards
    • NMLSR Numbers
    • HELOC
    • Back
  • About Us
    • Mission and History
    • Meet the FMBT Team
    • Security & Privacy
    • Hi-Q
      • Advisor Resource Tab
    • Locations & Hours
    • Back
  • Blog
  • Careers
  • Search