Budgeting
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Kick Off The New Year With These Savings Tips
January 8, 2020
Categories: Budgeting, Holiday, Personal Finance, Savings
Wow - we can’t believe it’s already 2020! The new year will bring children, weddings, new business opportunities and more. With that being said, we want to make sure you can continue to prosper financially. Here are our favorites savings tips to help you kick off the new year! Start saving for retirement. Yes, it’s far away and you can’t really see the benefits right now. But, starting to save for retirement now will be crucial in how much money you’re able to
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4 Ways to Make Adulting Less Difficult Financially
December 30, 2019
Categories: Budgeting, Personal Finance, Savings
Even if you don’t want to admit it, you’re an adult. Some parts of adulthood are fun and exciting, while others are not. Part of being an adult is to become financially independent and embrace some of the less adventurous tasks. We’re here today to help give you four simple ways you can make adulting less difficult when it comes to finances. Create a Budget You’ve heard this before and you’ll hear it again, but it really is important. Nowadays, there are
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6 Tips to Budget for a Home Remodel
December 23, 2019
Categories: Budgeting, Personal Finance, Savings
Sticking to a budget is always a challenge, especially if it comes to a remodel within your home. That’s why we’re here to give you the structure you need for your newest renovation. Pull out the hammer and get ready for your home remodel the right way with these 6 budgeting tips. Prioritize What needs to get done first or what has been bugging you the most? Start there. That will be your first update and then go from here. You’ll need to know how much is too much, which means
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How to Create a Family Budget
December 16, 2019
Categories: Budgeting, Family, Personal Finance, Savings
As your family grows, so will your budget - but where do you even begin when trying to make one? With all the demands of taking care of your family, it may be hard to find time to make a budget...and stick to it. However, you’ll be ecstatic once you start seeing your hard work pay off. Take a look at how you can begin creating your family budget with these starting points. Put Everything On The Table You’ll want to list your income and expenses - don’t leave anything out (even
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Best Ways to Create a Money Goal for 2020
November 27, 2019
Categories: Budgeting, Personal Finance, Savings, Seasonal
With just a little work, you can map out your financial goals for the upcoming year. With money, it can seem overwhelming or tricky to know where to begin. Luckily, Bank of Louisiana is here to help! We’ve come up with some of our favorite ways you can create your money goal for 2020. Figure Out Your Finances The first step you should take is to calculate how much income you take in each month after expenses. You may feel that you have a good estimate, but once you start racking up all
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Have You Thought About These Holiday Saving Hacks?
November 20, 2019
Categories: Budgeting, Holiday, Personal Finance, Savings, Seasonal
It’s the holidays! As they come closer, you’ll want to be preparing your budget for the food and presents you’re buying. But, be careful not to overspend! Here are our top sanity-saving holiday hacks to follow. Be Frugal Online Use cashback apps like Ibotta and Ebates when you shop online for the holidays to save money and earn bonuses. There are also ways to earn free gift cards online when you take surveys, such as using a program like Swagbucks. Simplify Your Giving Don’t
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How to Rebuild Your Emergency Fund
November 6, 2019
Categories: Budgeting, Personal Finance, Savings
It finally happened - you had to spend your emergency fund. The good news is you had a fund, but the bad news is you spent it. Where do you go from here and how do you rebuild what you had? We wanted to offer some insight on ways you can begin to rebuild your emergency fund for the next rainy day. Say ‘Bye’ To The Unnecessary That gym membership and extra show subscription will have to be canceled for now. You can get by without, as saving for the next emergency is more important
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6 Ways to Ditch Your Bad Money Habits
October 16, 2019
Categories: Budgeting, General, Personal Finance, Savings
Too many Americans have poor money habits. Do you resonate with this in the way you spend and think about money? Perhaps you were never taught financial literacy in school like many others. However, there’s no time better than the present to start learning and why not learn it from the experts at Bank of Louisiana? These are tried and true ways to say goodbye to bad money habits. Track Your Spending It’s easy to overspend if we don’t really know that we are overspending.
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Stop Spending Money With These Strategies
October 9, 2019
Categories: Budgeting, Personal Finance, Savings
Do you feel like you have a sufficient income, but never any money? You’re likely spending more than you realize on non-essential items. This often happens to those who don’t have a budget established. If you’re guilty of too easily swiping your card, these strategies can help keep you in check. Know Your Triggers Spending money thoughtlessly is what gets too many people into trouble and in financial positions they do not want to be in. If you seem to have
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How To Set Up Your Holiday Budget
October 2, 2019
Categories: Budgeting, Holiday, Personal Finance, Savings, Seasonal
The holidays set back many Americans into debt every year. Last year, the average incurred per person was around $1,000. It’s never too early to start deciding what your holiday budget will be so that you aren’t fretting over overwhelming debt in the new year. If you haven’t set up a budget before, the holidays are a perfect place to start. 1. Start with what you have. Every budget should begin by calculating what you have. This means having an exact tally on what
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