Youth & Student Finances

When it comes to managing your credit, misinformation is everywhere and sometimes it can lead to costly mistakes. In this article, we’ll debunk common credit myths, break down what really influences your score, and offer practical tips to build healthy credit habits—plus highlight how Lafayette Federal Credit Union’s tools can help you take control of…

Whether you’re a seasoned globetrotter or planning your very first international getaway, protecting your finances while traveling is essential. From card security to smart currency exchanges, financial missteps abroad can turn a dream trip into a logistical and emotional nightmare. Planning, being prepared before you leave home, and maintaining awareness of your financial activity while…

College is a major milestone—and often, one of the largest investments a family makes. With tuition costs steadily rising, both parents and students are increasingly seeking effective, smart, and savvy strategies to fund higher education. Fortunately, with careful budgeting, scholarship and grant exploration, smart use of savings plans, and thoughtful borrowing, it’s possible to successfully…

At Lafayette Federal, we know that caring for our planet is important to many of our customers. With Earth Day here, it’s a great time to think about how small changes in our money habits can help the environment. Going green with your finances not only benefits the Earth, but can also lead to personal…

April is Financial Literacy Month. It is a great time to improve your financial confidence, no matter your age or stage in life.  Financial education is important. It matters for everyone. This includes teens getting their first paycheck. It also includes college students managing student loans.  Parents planning for their family’s future need it, too.…

Managing your credit effectively is essential part of creating a strong financial profile. Most people know the importance of having a good credit score, but they may not know one of the key factors affecting their score is credit utilization. In this article, we’ll explore what credit utilization is, why it matters, how to optimize…

Managing student loans effectively is crucial for college students, recent graduates, and their families. This is especially true today, when the costs of a college education have never been higher, interest rates on loans are higher than they’ve been in decades, and sources of private and public support can be hard to obtain. It’s understandable…

Looking to maximize your financial potential in 2025? Credit unions offer member-focused solutions that empower success, whether you’re growing wealth or just getting started on your financial journey. With economic shifts, rising interest rates, and the need for smarter money management, leveraging your credit union membership can help you achieve your goals. Let’s explore some…