Budgeting
-
The DO’s and DON’TS of Using Credit Cards
July 26, 2017
Categories: Budgeting, Personal Finance
Using a credit card is a great stepping stone to help boost your personal credit history. By proactively managing your ongoing finances, you can showcase to potential lenders that you know how to fulfill your repayment promises. What many people don’t know is that simply having a credit card does not automatically indicate an increase in your credit score. To help you succeed with your credit, Bank of Louisiana has put together our most commonly asked do’s and don’ts to using
Read More -
Money Advice from the Movies
July 19, 2017
Categories: Budgeting, Business Banking, Community Banking, Personal Finance, Retirement, Savings
Occasionally, even the best movies hold fantastic financial advice. We love these classic films and their timeless tales. At Bank of Louisiana we’re excited to share their hidden financial advice, and help you make the most of your money-management, (while cluing you into some great movies to watch along the way!) “You… you said… what’d you say a minute ago? They had to wait to save their money before they even ought to think of a decent home? Wait? Wait
Read More -
The Argument for a Monthly Money Meeting
June 14, 2017
Categories: Budgeting, Money Meeting, Savings
Whether you’re recently married, or you’re approaching your 30th anniversary, you know that money can be a topic of controversy among couples and families. Even in the most perfect relationships hardships happen, and decisions have to be made. At Bank of Louisiana, we think there is a helpful and long term tool that can help you have less conflict and more compromises while contemplating both goals and solutions. The answer is relatively simple, talk it out, however, the complicated part
Read More -
5 Affordable Summer Vacations
May 31, 2017
Categories: Budgeting, General, Holiday, Seasonal
One of the best things summer brings, aside from the beautiful weather, is time to enjoy with your family. Whether that’s planning a fun weekend adventure, or carving out a week to go exploring, your kids are sure to remember these getaways for decades to come. After years of trial and error, we’ve discovered some ideal destinations where you can stay in budget while enjoying all the perks of your family’s time away. Wisconsin Dells, USA This midwestern hot spot
Read More -
The Latte Factor 101
May 10, 2017
Categories: Budgeting, Personal Finance, Savings
Making your way thru the drive through every morning before 7:30 may give you a refreshing start to your day, but at what cost? The ideology that coffee shops and other retailers capitalize on is the notion that these small expenditures add a little excitement to your day without a hefty bill. However, when you enjoy perks like these on a daily basis, they add up, and quick! Financial author, David Bach, is the mastermind behind the Latte Factor. This helpful calculator enables shoppers
Read More -
Red Flags to Look for on Your Credit Score
April 19, 2017
Categories: Budgeting, Personal Finance, Savings
Everyone and their brother seem to be sharing the importance of checking your credit score, but once you have the information, how do you actually know what it means? At Bank of Louisiana, we want you to not only have the information about your personal finances but be able to understand and act upon it as well. If you see any of the following red flags while viewing your report, you may want to look into the appropriate remedies as quickly as possible. Missed or Late Payments Your
Read More -
Adding a Giving Category to Your Budget Could Increase Your Wealth.
March 22, 2017
Categories: Budgeting, Investing
Whether you are giving, tithing, or donating, all of these actions stem from allocating funds towards someone or something other than yourself. While financial success is often measured by how much you gain, we at Bank of Louisiana are here to challenge that notion and suggest that success can also be evaluated by how you invest in others. Famous billionaires such as Warren Buffett and Bill Gates create platforms for various organizations by shedding light on issues that may otherwise
Read More -
Basketball Quotes to Inspire Your Money Management
March 8, 2017
Categories: Budgeting, Personal Finance, Savings
“Don’t give up. Don’t ever give up!” Jim Valvano’s powerful words continually remind us to strive for success and continue working towards our financial goals. Whether your next opponent is saving for retirement, creating an emergency fund, or learning how to develop a budget, our experienced line-up of financial providers are here to offer the best exercises and advice: “If you’re not making mistakes, then you’re not doing anything. I’m
Read More -
Saving Until Spring: Rejuvenating and Renovating Your Home
February 22, 2017
Categories: Budgeting, Personal Finance, Savings
Spring is just around the corner, and so is realty season! Before you place your home on the market, see how you can add great value to your house with only $1,000 in key updates! To help you first save the funds necessary for these exciting renovations, Bank of Louisiana recommends the following steps: Cut Dining Out ($200/mo) Instead of venturing to a neighborhood restaurant once or twice a week, reserve those dollars for your home’s equity, and use these affordable recipes
Read More -
Fix-Up Your Budget
January 18, 2017
Categories: Budgeting, General, Personal Finance
HGTV’s latest hit show, Fixer Upper, has fans and home buyers looking for new ways to save and restore old homes. While Chip and Joanna have become experts in home renovation, they’re not too shabby when it comes to finances either. Using their home building skills and our banking knowledge we offer these top tips to help fix up your budget in 2017: Build a Strong Foundation Just as a home cannot stand without a solid base, neither can your personal finances. To begin
Read More