Skip to main content

LSS Financial Resources News

LSS is dedicated to educating and empowering individuals and families to master their financial goals. Stay connected with helpful tips and timely information through the LSS Center for Financial Resources Blog and news stories.

The holidays can already be stressful enough without the concern on if you are being scammed by a deal that is too good to be true. There are a lot of scams out there: ones that try to convince you to donate to a charity, fake gift exchanges, or temporary holiday jobs. Now, working a […]

You hear it every year in November. Buy local! Support Small Business Saturday! Yes, I am a big supporter of small businesses because they are the fabric of our community. Small businesses help develop a unique and vibrant local culture. We all know money spent with local businesses stays in the local economy and in […]

I was pretty excited to see when I logged in to make my monthly student loan payment last spring that my payments were put into forbearance (but I could still make payments if I’d like) and no interest was accruing! There are two things I’m going to touch on in today’s blog. For those that […]

Some of our counselors had a busy week at the end of September doing some speed counseling with students at Dakota Wesleyan University in Mitchell, SD. Brian Ringler, Dawson Muska, and Olivia Lima met with 79 students in 15 minute increments to discuss money management, what costs will look like when they complete school, and […]

It’s been kind of a bittersweet week for those of us at the Center for Financial Resources. Today we bid goodbye to one of our own, Randy Rehling.  Randy is retiring to do the things we all want to do, spend time with loved ones, travel, see grandchildren. I think it’s safe to say that […]

You have HOW MUCH in student loan debt?!?  Well, did you know you can pay a mere $5 a month for the next year and then have the rest of your debt wiped away?  Wouldn’t that be great?  Only $60 paid and no more student loans!  This would be great, but is also only going […]

I once had a conversation with a young lady that was in one of my classes.  She had applied for a car loan, and the lender asked her about a credit card she hadn’t noted on her application. She wasn’t aware she had a credit card, but a little digging found that the card had […]

Our House… …Is a very very very fine house. Or is it in the middle of our street?  Either way, as a homeowner, you need to be thinking about what’s just around the corner. Autumn.  When the leaves fall and the wind blows and it’s time to get the house ready for winter. In our […]

I’m probably dating myself here, but for those of you on the planet for awhile, you may remember Dana Carvey on SNL and his Choppin’ Broccoli song.  If you don’t know it, do yourself a favor and hit the Google. You may wonder why I’m talking about broccoli, but it’s been on my mind.  Earlier […]

In case you weren’t aware, right now there is a lot of help available to those who have fallen behind on mortgage, rent and utilities because of COVID, or on rent and/or utilities because of financial setbacks during the pandemic.  LSS is one of several agencies processing these applications and there is a huge backlog.  […]

How’s that Christmas shopping coming? What? It’s only August?  I know.  But really, how’s that shopping coming? It might sound crazy, but now’s the time to start, unless you are way ahead of the game and already started.  You don’t actually need to wait until November (or even worse, December!)  to start that shopping. Spreading […]

To paraphrase Mick, “you just might find, you get what you need.” A lot of us think, “If only I made more money, life would be so much easier.”  It would be nice not to worry about money, but let’s be honest.  Just like Tevye in Fiddler on the Roof, we think more money will […]

What’s the first thing you thought of when you read that title?  The Lion King? Something else? Circles are everywhere in our lives, vicious circles, circles of life, truth etc. However, I want to talk about a circle that many of you may not think of, but that is pretty important. Over the last couple […]

Last week we talked about building credit for the first time.  This week we are going to talk about repairing your credit if you have older negative items pulling your credit score down. Payment history is the biggest part of your credit rating, and when payments are missed and things are reported as past due, […]

Oh, credit rating!  So important and often misunderstood.  Talk about credit and it seems everyone is either sure they KNOW what they are talking about or they brush it off and say it’s not important at all. However, when it comes to workshops and classes, credit is what people want to know about.  How to […]

Things come around and go around again and again. Fashions, hairstyles, eyewear, you name it. Once you’ve been on the planet for awhile, you see things you had or wore or did as a young person come around again. Although, with technology, many old things have gone by the wayside, and probably won’t make an […]

When I started with LSS nearly 10 years ago, I was one of a group of satellite offices for my department. Over the years, as funding changed, and the world changed, and our department changed, I find myself flying solo out here as the last satellite office in my department. It takes deliberate intention on […]

K.I.S.S.  Most of us have heard the acronym.  I like to translate it as Keep It Super Simple. You know – concepts so simple that they might sound stupid.  You might roll your eyes at them, BUT THEY WORK! In some of our classes, we give tips and tricks to help with controlling spending.  […]

One of the things people don’t often realize about credit counseling is that you don’t have to wait until you’re in trouble to come in for help.  A pre-emptive strike, so to speak, can help people to see they are headed for trouble, and to turn things around before they fall into the hole. We’ve […]

Can’t Buy Me Love Over the past weeks, we’ve been talking about how much we LOVE our cars, and buying and how to watch out for predatory situations and make a good deal for yourself.  But we’ve only talked about buying.  There is another option out there that can work for many people and that’s […]

Last week, we talked about car buying and how it’s important to keep our wits about us.  Unfortunately, there are some other situations relating to car buying we need to look out for, because car financing is an area in which predatory lending can be just around the corner. One of my favorite things about […]

It seems to be coming more apparent that people really want to get out of the house.  And one of the things I’ve noticed is new cars. EVERYWHERE. I swear in the last week or so I’ve seen at least 5 cars everyday with the new car papers in the window. Whether it’s new or […]

If you didn’t know already, this weekend is Mother’s Day. Typically the busiest day of the year for restaurants and a busy one for florists as well. What?  You forgot? Now’s the time to make that brunch reservation and order some posies for Mom.  Unless you get mom a different gift, in addition to brunch […]

For the last few weeks, I’ve been focused on the fact that April is Financial Literacy month.  Today I’d like to talk about a different subject the April is the “month” of, and that is Stress Awareness Month.  And appropriately enough, those two things go together pretty well. Struggling with financial literacy can be a […]

For most of my life, I’ve been taller than my peers.  Even now as an adult, I’m a woman right at six feet tall.  In elementary school, my nickname was Big Bird. I was pretty good at basketball, and so sometimes it was Kareem Abdul Ja-Bird.  I was well into adulthood before I realized that […]

Many people ask me what I do.  When I answer that I’m a credit counselor, they stop and think for a moment and then that’s when they ask for clarification.  You do what?  What is that? A lot of people haven’t heard of such a thing and when I explain, they all agree it’s a […]

So this month, we’re talking about financial literacy.  And how sometimes we learn from life and at other times we learn from other people in our lives. Sometimes, those people try to teach us and we don’t listen. At best, we can hope to be either a good example or a cautionary tale. In my […]

Financial literacy is a bit of a buzzword right now. Lots of people talk about it, and everyone agrees it’s important.  What’s less clear is how to make it happen for those that need it, which, by the way, is everyone. But what exactly is it?  The President’s Advisory Council on Financial Literacy defines personal […]

If you are “of a certain age” like I am, you may remember The Flintstones.  Whenever Betty and Wilma were headed out to shop, they would hold their credit cards over their heads and yell “Charge!” ala Teddy Roosevelt heading up San Juan Hill.  Over the years, having high credit limits and charging a lot […]

You know how the saying goes, there are two things we can be certain of, death and taxes.  It’s that time of the year again, time to gather documents and settle down to do the taxes, or haul your box of papers to your CPA.  Yes, tax time is upon us. It can get complicated, […]

Spring is springing and you know what that means.  The changing of the clocks is upon us.  And not the nice one in the fall where we get to either sleep a bit longer or stay up and watch that movie on Saturday night.  No, it’s the one where we lose an hour, in the […]

If you sang that to yourself, then you’ve been around awhile,

¡Bienvenida Olivia! Olivia has been teaching for over 20 years, currently as a psychology professor at Augustana University. She is excited at the opportunity to teach financial classes and individual sessions through LSS, in both English and Spanish.

Olivia has been teaching for over 20 years, currently as a psychology professor at Augustana University. She is excited at the opportunity to teach financial classes and individual sessions through LSS, in both English and Spanish.

Time keeps on slippin’ slippin’ slippin’ into the future. If you don’t recognize that tidbit, do yourself a favor and get on the Google. But to the matter at hand. It’s that time. It’s Time to talk about the T in our SMART goal setting process, which is the time aspect of our goal setting.

Trivia time!  Who knows what family featured in a 1970’s sitcom featuring a family in a multicolored bus who sang together had this phrase in their theme song?  The 70’s?  Really?  How is that relevant? I’ve always been a reader, and for Christmas one year, I got a set of books featuring the Partridge Family. […]

Change is hard. That’s a big reason why most New Year’s resolutions fail. And it’s also why I’m encouraging you to take a different direction when it comes to setting your goals and making changes.  Over the last few weeks, we’ve been talking about the process of setting goals, and how to make the changes we […]

Back in the day, many days ago, I wanted nothing more than to be the junior cheerleader.

Maybe you remember a few years back during the World Cup, there was an announcer who became well known for his cry of “GOOOOOOAAAAAAALLLLLL” when his team would score. What a jubilant feeling!  Of course, professional soccer players are highly focused on scoring.  They know what their goal is when they step on the field.  […]

Are you SMARTer than a fifth grader?  Anyone remember that show?  Adults had to compete against fifth grade kids to answer general knowledge questions.  Guess who usually won? Yes, it was the kids. When my son was in elementary school, he had to bring home his planner every day for me to see. It had […]

Ah, resolutions.  Friend or enemy?  Are you a resolution maker, or a person that just says no to the ritual of extreme (and often unrealistic) goal setting and the eventual failure? New Year’s resolutions can be both helpful and hurtful, depending on how we approach them.  Goals are good things to have, but it’s important […]

I’m going to go there.  I know it’s a bit of a hot subject right now, but there just isn’t any way around it.  Let’s talk about masks.  I don’t know where you are on the matter, and frankly, I’m not here to convert you one way or the other. 

Watched any good horror movies lately?  More specifically, are you into zombie flicks?  Zombie movies?  Eh, whatever.  If that’s your thing, then great.  Not mine.  And then we seemed to go through this whole phase where the world seemed to embrace the idea that there really was an impending zombie apocalypse headed our way.