Where has the year gone?
Just when we all got used to writing 2015 in our checkbooks, along comes 2016. We hope that if you have plans to ring in the new year you have a great and safe time. If you drink, please don't drive, even if you're just a little buzzed. Make other plans to get you, your family and friends safely home.
On January first it's blackeyed peas, cabbage, TV football and making a new year's resolution. It's a time for good intentions, some we all stick to; some we don't.
I saw an article the other day which inspired me, and maybe it will do the same for you as you make plans for 2016.
It was from Marketwatch, and revealed how the NFL's Ryan Broyles and his wife stick to a $60-thousand annual budget even though he makes 10 times that. Now, $600-thousand dollars is lots more than most of us will ever make, but by NFL's standards it's pretty low. And the point is, Mr. Broyles is smartly managing his money in his 20's so he'll be financially stable the rest of his life. While we tend to hear about professional athletes who squander their fortune with flashy living, Ryan and his wife limit or do without luxuries and put aside money for investments each payday. It's a strategy that pays dividends for any income bracket.
Whatever your new year's resolutions, we hope this is the year you'll include one or more steps toward ensuring your own long-term financial health.
From all of us at KPLC, we wish you a Happy 2016 and the best year ever for our Better Southwest Louisiana!