Personal Finance
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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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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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5 Things to Teach Your Teens About Financial Literacy
July 18, 2018
Categories: Budgeting, Personal Finance, Savings
With your babies growing up, it’s never too soon to start teaching them the art of being fiscally responsible - but where do you start? According to the Council for Economic Education, only 17 U.S. states require high school students to take a personal finance class in order to graduate. Bank of Louisiana offers some great ideas on how you can begin teaching your child about financial literacy before they leave the nest. How does credit work? A lot of kids don’t know what credit
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Habits of Financially Mature People
June 20, 2018
Categories: Personal Finance, Savings
If you take a look around, you may notice that a majority of people from a variety of income levels seem stressed about their finances. Seventy eight percent of Americans are living paycheck to paycheck and debt is creeping up more and more every year. So what’s the secret for those who aren’t wealthy enough to be financially independent, but still manage to live the life they desire? We believe the difference is financial maturity and have collected top habits for you to integrate into
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Is Politeness Costing You Money? 6 Money Manners to Quit Now
May 30, 2018
Categories: General, Personal Finance
“Politeness costs nothing and gains everything,” said Lady Mary Wortley Montagu. Many have been told or even repeated this saying. However, does it hold true? Not when it comes to these manners with money. There may be some moves you are making, or have been taught to make from a young age that can cost you more than what you intended, for little social benefits. Here’s the top 6, and how to avoid them! Not Asking for Your Money Back If you are dealing with a retail situation
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How to Stay in Debt - Crushing Habits
May 23, 2018
Categories: General, Personal Finance
Nobody wants to be consumed with worrying about their finances. Debt for most people is a fact of life. Unless you have a stroke of luck with the lottery, or a Daddy Warbucks, you are probably unable to pay cash for life’s most important purchases: a car, house or your college education. The goal with debt is to take on good debt that will provide opportunities and income advancement. Bad debt is purchasing items with no return on your investment, with their value quickly depleting. Bad
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Four Emotions That Are Interfering With Your Finances
April 16, 2018
Categories: Personal Finance
Who doesn’t want a healthy financial life? Yet, the number of people who actually have one is decreasing. Americans’ total credit card debt grew by 8 percent in 2017, with an overall 12.96 trillion in debt. While there are many underlying factors, one component that can be limited in your budget is emotions. You may feel helpless when it comes to taking control of your finances, but one of the biggest hindrances is your emotional state. The good news is where you are doesn’t have
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What Sports Can Teach Your Kids About Finances
April 12, 2018
Categories: Family, Personal Finance
As a parent, you want to do your best to give your children a great childhood and prepare them to be successful, contributing members of society. One of the ways that many parents are doing this is by encouraging youth sports. They realize that there are great lessons learned from athletics like how to be a part of a team and physical health. It’s also a good way to get kids away from the screens! By the same token, you may not realize that sports, particularly pay to play, have additional
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The Riches Reset: 30 Day Cash Only Challenge
March 27, 2018
Categories: Budgeting, Personal Finance, Savings
You may have heard the suggestion, but in a day where even plastic purchases are becoming irrelevant, how can paying with cold hard cash be feasible or helpful? We challenge you to find out by going plastic-free for the next 30 days in order to shake up your spending habits for the year. We will begin by informing you on some of the disadvantages you may experience, followed by the surprising benefits. Cons of Cash Safety Carrying cash can be a safety concern. You
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