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How We Became Lake Ridge Bank

We knew right from the start that one of the most important decisions we would need to make was what to name our new bank.

Preparing for a new baby can be an overwhelming, anxiety-inducing, exciting experience. Strollers, diapers, daycare … there are so many decisions to make in what seems like a long time, but really isn’t. If you’re a new mom or dad, you know how quickly nine months pass. If we can give anyone that is expecting one piece of advice, it’s to add financial planning for your child to your list of to-dos.

It's hard to believe that we've turned the page on 2021, a year full of ups, downs, and everything in between. But before you look ahead to the possibility that 2022 holds, it may be a good idea to evaluate how you did financially over the previous 12 months. Budget & spending, emergency & other expenses, and savings are good places to start.

“Give a man a fish, and you feed him for a day. Teach a man to fish, and you feed him for a lifetime.” Most people are familiar with this time-worn adage, or some variation on the theme, and for good reason: there’s a lot of truth in it. The same principle can be applied to finances.

Understanding your income versus liabilities is important when establishing a budget that works for you and your household. Winning at this means your finances win both today and in the future.

For the self-employed, there is a tax-advantageous retirement-saving vehicle that goes beyond the standard Roth and simple IRA: the solo 401(k).

Money can be one of the biggest stressors in a relationship. Being on the same page about how to handle it can be a game changer for many couples.

Jumpstarting your net worth comes down to a couple of key things: mindset and behavior.

With regard to 401(k)s, many make the critical error of assuming that, once they've set their contribution percentage, there's nothing else to consider.

How would you feel about getting your money to work harder for you? The “trick” is getting the math of compound interest on your side.

Many investors spend time researching the “best” funds available, but fail to "mix" them in such a way that optimizes their portfolio.

Building wealth and financial freedom is simple. It doesn't require a large up-front investment, and is achievable with these 10 common sense principles.

Over the last few weeks, more people are beginning to feel financial strain. Consider these tips to help you create some stability within your finances.

Many people are worried about how they can make ends meet for the next few months and beyond. One option to consider for financial relief is your mortgage.

Through the lens of the coronavirus pandemic, let’s review the economic and market performance of 2020’s first quarter.

When investing, particularly for long-term goals, there are two concepts you will likely hear about over and over again—diversification and asset allocation.

Organizing your finances can greatly reduce the amount of time you spend worrying about them and will help contribute to your long-term financial success.

With spring just around the corner, the 2019 housing market is beginning to heat up. A pre-approval signals that you are serious about making a purchase.

With the year winding down and holiday shopping well underway, have you thought about taking stock of your finances from the last 12 months?