Learning how to handle finances at an early age will yield a more successful and enjoyable life.
Establish good saving and spending habits at a young age, and you'll thank yourself later in life. Your credit union can help you every step of the way.
Use our financial calculators to better understand how earning dividends on your savings will make you more money.
How long will it take to become a millionaire?
How long until I reach my savings goal?
How much should I save for college?
How can I save for a big ticket item?
How much will my CD be worth at maturity?
How do taxes and inflation affect my savings?
The average person should start saving for retirement between the ages of 18 and 21, when basic education is complete and you have full-time income. The earlier you start saving for retirement, the less you'll have to sacrifice during your working years and the more your nest egg will grow.
That's right — save LESS each year AND end up with MORE when you retire.
That's the beauty of starting early.
Lafayette Federal HomeAdvantage is a free member service that can help you buy, sell and save on your home.
Save $100s to $1,000s in Cash Rewards*
A Lafayette Federal Holiday Loan is the perfect way to cover your extra spending this season.
Rates as low as 4.74% APR*
Dreaming of a new ride? Let us finance your next new, used, or fuel-efficient vehicle.
Rates as low as 2.375% APR*