10SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Every generation has been faced with their own set of challenges when transitioning into adulthood. Today, millennials across the nation are battling the constant struggle of budgeting—outstanding student loan debt and finding employment immediately out of school. When it comes down to it, who has the time to worry about creating and sticking to a budget?Luckily, this generation is equipped with something the other generations were not equipped with—smartphones! These little gadgets, AKA “Life Savers,” not only connect us to the world, but they connect us to our finances within seconds. So, if you’re finally ready to begin to save more and find your way out of debt, then today may be your lucky day. Whether you’re a recent graduate or a few years into your career, with a few taps of your thumb, your new financial journey awaits you.The Truth about MillennialsIn order to provide suggested financial solutions, we must first understand our younger peers and their culture. Millennials have a very different relationship with money, and new studies show that items once considered as a luxury purchase are now expected to basic expenses. To keep up with the social standards, millennials are willing to prioritize these types of expenses over often-necessary and reoccurring bills—just to keep up with their peers. In turn, more than 25% of millennials submit late payments or are dealing with bill collectors, thus influencing credit scores, interest rates, and most of all, their ability to save.While the previous statistic may seem alarming, it should be noted that the millennial generation fully understands and appreciates the need for financial education and security. In a recent study, 70% of millennials state financial security as their top goal and roughly 63% of millennials started saving for retirement before the age of 25.Financial education has changed, and the tools used to manage it are constantly advancing, essentially making it “easier” to progress toward a common goal. Millennials are more connected than ever with 77% of adult millennials owning a smartphone and spending, on average, 14.5 hours a week texting or on social media. Millennials are more connected than any generation before them. continue reading »
FRENCH LICK, Ind. – Franklin County was among seven county Farm Bureaus recognized for outstanding achievement during Indiana Farm Bureau’s state convention this past weekend.The recognition was through INFB’s county recognition program. All 92 county Farm Bureaus participated in the program.The Franklin County young farmer program was awarded for its community outreach efforts. They support local food pantries, buy livestock for underprivileged families at the 4-H auction, support needy families at Christmas, sell ice cream at the county fair, host a truck and tractor pull each spring and purchased grain rescue tubes for local fire departments. They also have 2,500 fans on their Facebook page.The county also received an impact award for public relations and education. Franklin County purchased two grain rescue tubes, two grain evacuation augers, rescue harnesses and rigging for their local fire departments. They also provided training for local farmers and volunteer firemen. A local youth had recently perished in a grain bin accident, so this training event was especially close to their hearts.Other counties receiving special recognition include Jefferson, Kosciusko, Marshall, Montgomery, Pike, Washington.