Budgeting
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Money Management for Middle Schoolers
October 17, 2018
Categories: Budgeting, Family, General, Savings
It is never too early to start teaching your children about money management. Research has shown that there has been a decrease in understanding finances and how to manage money in America’s youth. Teaching your children how to manage their money leads them to becoming financially responsible adults. Below are 5 money management tips you can use to teach financial literacy in your home. Use Cash - Whether you’re grocery shopping or at the movie theater with your children, it is
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Effective Old School Savings Tips
October 10, 2018
Categories: Budgeting, General, Savings
It’s not surprising to hear that your grandparents and parents were frugal when it comes to money. However, that leads us to ask, “How did they get so good at saving?” We’ve gone and found some of the best old school savings methods that are still guaranteed to help you with your funds. Enjoy! Patience Is Your Pal Nowadays, it seems like everyone spends money right away on things they may not need. Taking a few days to think about what you want to buy is a great way
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How to Adult: Financial Starters
September 19, 2018
Categories: Budgeting, General, Personal Finance, Savings
It’s been said that youth is wasted on the young, but let’s not let that be true of those of you who are fresh into the adult world. We get it, many adults feel underprepared and overwhelmed at the amount of responsibilities that snowball after college or high school. Don’t fret! The fact that you are even taking the time to read this says that you are going to be okay. We have compiled a list of basic adult financial musts that will help you navigate this new terrain. Build
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Jumpstarting Your Child’s Tuition Savings: How Much to Save
September 12, 2018
Categories: Budgeting, Family, General, Savings
You only want the best for your child - but how much is the best? Figuring out the amount of money to begin putting away for your child’s tuition can be tough. Yes, they will be able to contribute, but it doesn’t hurt to help your baby get the educational future they deserve. That’s why Bank of Louisiana offers some insight on what funds you should begin putting towards your child’s education today! Get the 411 on the 529 Also known as Qualified Tuition Programs, 529
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3 Keys to Managing Your Money When You’re Self-Employed
September 5, 2018
Categories: Budgeting, General, Personal Finance, Savings, Small Business
If you’re similar to 10 percent of the active American workforce, you are self-employed. Those who enjoy going into business for themselves find a great degree of freedom and empowerment. You have more value for your work, no uniforms, get to choose your customers, not to mention unlimited vacation days. However, these benefits can be quickly overshadowed by the effects of poor money management. In order to make your dream successful, there are certain key habits and skills you should have
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The Expert Saver’s Financial Bucket List
August 29, 2018
Categories: Budgeting, Personal Finance, Savings
Savvy savers are full of great ideas and qualities, so those who aren’t the best at keeping their finances in check are always left wondering how they do it. Thankfully, Bank of Louisiana offers a bucket list with some of the expert saver’s top priorities you can strive to meet! Pay off your credit card debt. As the average American has $16,000 worth of credit card debt, focusing on paying off yours can be a big financial undertaking. There are different methods you can utilize
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Keep It Cool - How to Survive the Summer Heat and Stay on Budget
August 15, 2018
Categories: Budgeting, Savings, Seasonal
Summer is here and it’s a scorcher. How will we ever survive this heatwave, and still not break the bank on energy costs? Luckily, we’ve got all the best tips and tricks to keep your home cool on a budget. Invest in Thermal Curtains Getting blackout or thermal curtains will save you money over these sweltering months. By keeping the heat out, your air conditioning won’t have to work as hard every day to keep the house cool. This means big bucks will be saved! Keeping your blinds
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The Lessons of a Lemonade Stand - Teaching Your Children the Fun Way
August 8, 2018
Categories: Budgeting, Family, Savings, Seasonal, Small Business
Warm, sunny weather calls for a glass of ice cold lemonade. Now that the kids are out of school and looking for activities to entertain them, now is the perfect chance to teach them a little about finances. Here are a few quick tips to help teach your children how to be fiscally responsible. Have them buy the materials. When deciding to have a lemonade stand, it is important that your children know the value of money. By having them calculate the cost of the lemonade, sugar, cups, sign, sunscreen
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So You’ve Bought Your First Home: Savings 101
August 1, 2018
Categories: Budgeting, Family, Mortgage, Savings
Congratulations! You’ve taken a big step in your financial future by purchasing your first home. As a new homeowner, you may be worried about the chunk of change you just spent, and your bank account may be looking a little slim right now. Luckily, Bank of Louisiana is here with a few simple saving solutions to help your funds increase. Slow Your Spending As you have just made a big dent in your savings, now is the time to slow down on your purchasing behavior. Be sure to be aware of
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How Much You Can Save by Camping on Your Vacation
July 25, 2018
Categories: Budgeting, Family, Savings, Seasonal
You deserve a little vacation with your hunny and children, but what can you do that won’t break the bank? Camping is the perfect solution for families looking for frugal fun! We’re here to share a few of the different ways camping saves you cash and packs in the entertainment. Cost Per Night Camping costs zero to $30 a night based on if you have to pay a fee to stay at a camping ground. That number looks tiny compared to the hundreds of dollars hotels cost per night. You may have
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