According to Statista.com, “saving more money” is this year’s most popular New Year’s resolution, with 21 percent of survey respondents naming it as one of their goals. If you’re part of that 21 percent, here are some Mississippi financial institutions that might be able to help – whether you want to save, invest, or simply get your house in order.
Citizens National Bank
As we enter 2025, sound financial planning is essential. Some great tips are as follows: Start by prioritizing debt reduction and building a solid emergency fund. With inflation and market fluctuations, diversify your investments and review your portfolio regularly. Budget effectively, ensuring you live within your means and save consistently. Also, remember to plan for retirement and consider tax-efficient strategies. Above all, align your financial decisions with your values, as Proverbs 3:9 reminds us to honor God with our wealth. We are here to provide the guidance and tools you need to manage your finances wisely and faithfully. 601.607.7171 YourCNB.com
Community Wealth Management
Community Wealth Management is a full-service wealth management division that combines Community Bank’s trademark customer service with investment services that will help you address both short-term growth and long-term planning. Our team is committed to walking you through the steps of building a financial plan that will allow you to make decisions about your future confidently. Learn more about us or find a member of our team at communitybank.net/wealth-management.
Hope Credit Union
For 30 years, HOPE has empowered individuals, families, and business owners with access to affordable financial services. In fact, nearly 1 in 3 of our members got their first bank account with us. Hope Credit Union is ready to make it happen with low-cost savings accounts, affordable everyday checking and debit cards, and tailored loan solutions, no matter your credit or income.
Whether you’re buying your first home or car, building a business, or just looking for a better way to manage your money, HOPE can help you live your best life.
Products and services: Checking and savings accounts, free HOPE Rewards Checking, money market accounts, traditional and Roth IRAs, share certificates, small business loans, home loans, personal and auto loans, ATM network, debit and credit cards, free online, mobile, telephone banking, and financial counseling.
John Dorsa, State Farm
Insurance is insurance, right? Wrong! Finding the cheapest policy should never be your goal. Think about the people in North Carolina who lost everything in Hurricane Helene: As they looked at the pile of rubble where their house used to be, they probably weren’t thinking, “I sure am glad I bought that cheap insurance!” Instead, they probably thought, “I sure wish I had bought the best policy!”
All insurance policies and companies are not the same. Value means finding the BEST COVERAGE available at the BEST PRICE available.
Why do you need a local agent? Because we are here to fight for you! Holding your hand through these difficult times is what we are here for.
I have been in the insurance business since 1985. My goal is to provide elite customer service every day, with every customer. You are a unique person with a unique situation and needs, and you are part of our family. We will always treat you with courtesy, professionalism, and appreciation.
Mascagni Wealth Management
At Mascagni Wealth Management, we see preparing for retirement as similar to building a house – it starts with a solid foundation, the right materials, and a useful blueprint. Equipping the build is like taking your financial goals and selecting the right plans that will help you create a structure that will stand up under even the most strenuous conditions. Our experienced team works with you to design and implement appropriate strategies that align your investments with your personal goals. Just as constructing a home requires time and patience, coupled with the right materials and favorable weather, building your retirement demands disciplined saving, staying flexible to make changes when conditions change, and consistent investment over your working years.
We recognize that growth is a continuous process, both for your investments and for our firm. As we expand our current building to include more offices and a new conference room, we’re reminded of the importance of consistently building on what you’ve started. Like maintaining or even adding onto a house, your financial plan should also expand to meet your changing needs. With nearly 70 years of combined experience, Mascagni Wealth Management offers professional guidance to keep your retirement plan strong and adaptable. Let us help you build – and continually enhance – the financial future you desire.
– Matt Brown, CFP; vice president, financial planning
Miley Wealth Management of Raymond James
At Miley Wealth Management, my daughter and I work together to provide our clients with personalized advice on investments, retirement planning, tax strategies, and estate planning. With over 36 years of experience, we offer a unique blend of seasoned wisdom and fresh, innovative perspectives.
No matter where your work or life takes you, we help manage your cash flow and allocate your resources, aiming to achieve your short-term goals while safeguarding your long-term plans.
We would be delighted to arrange a non-committal meeting to get to know you better and discuss how we can help meet your financial needs.
– Jeff Miley, AAMS; senior vice president, investments
4266 55 N Ste 200, Jackson, MS 39211 601.368.2200
Raymond James & Associates, Inc., member New York Stock Exchange/ SIPC
Disclosure: Investing involves risks.
Sound Financial Strategies Group
Built into 2 Corinthians 9:8-11 are the only three actions that make sense for money: generosity, enjoyment, and investment.
Generosity: You will be enriched in every way to be generous ... Please note, Paul spends two whole chapters on generosity (2 Corinthians 8-9) and only part of two verses on the next two actions. Clearly, God wants us to be generous!
Enjoyment & Investment: He who supplies seed to the sower and bread for food will supply and multiply your seed for sowing… God made food taste good. You are free to enjoy God’s blessings without guilt. Our problems come when we focus on acquiring “things” for our happiness and worth. As for investment, seed to a farmer is the same as money to an investor. We invest money and wait for a profit. We are then generous with those funds, and we enjoy some of them with our family. God gives us this beautiful cycle – all for His glory.
– Chris McAlpin; co-founder and Chief Experience Officer
Trustmark
Clear the clutter surrounding your finances
There is no time like the present to review your entire financial picture to see where you can reduce spending and build savings. Here are a few tips to help you get started:
Make a budget and stick to it. Creating a budget can be a great way to hold yourself accountable. Impulse purchases and unnecessary expenses, like unused subscriptions and memberships, may be eating into your wallet more than you realize.
Improve your credit score. Review your current outstanding debts and develop a plan for paying them down or off, such as:
- Pay all your debts on time.
- Pay above the minimum payment amount owed when possible.
- Focus on paying off one debt at a time.
Build an emergency fund. Unexpected costs, such as car or home repairs, medical bills, or loss of income can result in additional debt. Dedicate a specific amount of money in your monthly budget to an emergency fund. It is a good idea to have enough in savings to cover three to six months of your basic needs.
Reduce the risk of identity theft. Shred all of your old bills, receipts, bank statements, and canceled checks. Tax documents you determine are old enough to toss should be shredded as well.
Enhance your financial knowledge. Trustmark’s free, online Financial Education Toolkit can help you learn how to manage your money more effectively and make decisions that strengthen your financial future. Visit trustmark.com/financialtoolkit to learn more.
– Art Stevens, president of retail banking, Trustmark National Bank, Jackson