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  • February 25, 2021

    Categories: Budgeting, Personal Finance, Savings

    We may all think we know a thing or two about finances, but do we really know it all? There’s always more you can learn to better yourself and that includes money management skills. Today, we’ll give you five challenges to test your money management in order to whip your finances into shape!  1. No Spend Challenge  We know this sounds scary, but you can still buy groceries and pay your recurring bills. Try not spending money on any unnecessary items

  • February 11, 2021

    Categories: Budgeting, Family, Personal Finance, Savings

    When it comes to big families, there is extra love and enjoyment to go around. There also comes more money that needs to be spent. Managing finances with a larger family can be stressful and difficult depending on the expenses you have. We’re here to offer some helpful financial advice for big families, so you don’t have to feel tight on cash!  Own Less Vehicles  Reduce transportation costs as much as possible by limiting the number of

  • February 4, 2021

    Categories: Budgeting, Family, Personal Finance, Savings

    If you have a teenager who doesn’t quite understand how important good financial habits are, it’s time to teach them! Giving your child the building blocks on saving, budgeting and understanding debt will help make them into responsible adults. Here’s some financial literacy 101 for your teenager.  Bank Accounts  Explaining the different types of bank accounts to your child is crucial. Start by opening a savings account with them so they can understand

  • January 13, 2021

    Categories: Budgeting, Personal Finance, Savings

    Creating a basic monthly budget is simple, but breaking it down into categories and deciding what you should and shouldn’t spend money on can get tricky. That’s where the idea of wants vs needs comes into play, and it’s one of the most important steps in budgeting. Struggling to figure out what the difference is? We’ll explain!  The Overall Difference Between Wants VS Needs  Financial needs include purchases that are required or absolutely

  • January 6, 2021

    Categories: Budgeting, Personal Finance, Savings, Seasonal

    During 2021, we want everyone to focus on a few ways to enhance their life and habits. Financially, you are always able to make a change for the better and increase your savings. Bank of Louisiana offers helpful tips to break these five bad financial habits this year.  1. Impulse Buying  When you see an item you think you need to have and buy it instantly, that hurts your bank account. That item may be on sale somewhere else and that deal they are giving probably

  • December 30, 2020

    Categories: Budgeting, Holiday, Personal Finance, Savings, Seasonal

    As the new year quickly comes around, it’s time to consider what this year’s resolution will be. These resolutions aren’t about working out, eating healthy or losing weight – they're all about money. 2021 is the year to re-think your finances, stick to a budget and rid yourself of debt! Keep reading to find a resolution that works for you.  Build an Emergency Fund  If you haven’t started building an emergency fund, that’s the

  • December 15, 2020

    Categories: Budgeting, Personal Finance, Savings

    Figuring out how to properly manage your finances can be overwhelming when there are hundreds of dos and don’ts you may have heard. Following these five tips will make a huge difference in the way you handle your finances and can give you a clear slate of basic rules to follow. When it comes to starting good money habits, the sooner you begin, the better!  1. Have and Follow Your Budget  Setting

  • December 8, 2020

    Categories: Budgeting, Holiday, Personal Finance, Savings, Seasonal

    As the holidays quickly approach, managing your money wisely becomes even more difficult. As you spoil your loved ones with gifts, celebrate the season with fancy dinners and go all-out on new decor, the budget tends to go out the window when the holidays come around. There’s no harm in enjoying the holiday season, but this blog will help you make sure you don’t enter January with empty pockets.  Set a Realistic Budget  Odds are, if you

  • November 25, 2020

    Categories: Budgeting, Personal Finance, Savings

    If you’re in your early twenties to late thirties, you’re in the millennial age range, also called Generation Y. Individuals in this generation are known for their creativity, openness to change and tech-savviness. It’s important for millennials to understand how to properly save money as they’re in the prime age for the biggest and most expensive changes life brings about. Keep reading to learn six helpful tips! 1. Retirement, Retirement, Retirement The importance of

  • November 19, 2020

    Categories: Budgeting, Holiday, Personal Finance, Savings, Seasonal

    The holidays are right around the corner which means it’s time to start crossing items off the gift list. Whether you’ve fallen victim to these mistakes before or are trying to avoid them this year, this list will tell you exactly what not to do when holiday shopping. Not saving in advance The holiday season has a way of sneaking up on customers, leading to lots of last minute shopping. We all are aware of when these gifts need to be bought, so why not set money aside to prepare?