Welcome to the first edition of Live Like Locals Where’s The Money?! But first, I have some questions for you:
- How often do you think of MONEY?
- What specifically do you think about when you think of money?
- How important is the subject of how money works?
When asked to write a weekly article, I was immediately excited but also challenged by this new task. How do you educate people about money once a week without being overwhelming? How do you help people with limited space weekly? How do you cover topics that can change people’s financial lives that people are not taught? Money is a subject not taught in school, but understanding how it works and how to handle it is one of the most important skills everyone needs. I heard a friend say, “Money is not the most important thing, but it’s right up there with the air we breathe.”
But then I calmed down, took a breath, and realized, you have been doing this for close to 30 years. Then I remembered the most important response I received from people I help – “thank you for explaining that in a way I can understand.”
So welcome to the first weekly series teaching key financial principles in a common-sense way that is understandable, practical, and life-changing. I pray that you come back each Wednesday, set a reminder to check Live Like Locals, and learn principles that can change your and your family’s financial future. We’ll cover a mix of personal and small business financial topics and principles, and we look forward to receiving feedback, questions, and input so the LLL staff can tell me what you want. Make this your article, not mine.
I’m excited and passionate about helping you! We will also include helpful resources to assist you in reaching your goals and dreams.
Join me at the Live Like Locals Social Spring Showcase on Thursday, May 7th, at Pilot & Park, and at Kia Country of Savannah on Thursday, May 14th. I look forward to meeting you and answering any questions you may have!
Market Insights
- Stocks were mixed last week as investors gauged potential outcomes of the Middle East conflict amid an ongoing ceasefire.
- Oil prices rose above $100/barrel, and all three major stock averages closed higher, with the S&P 500 and Nasdaq logging new all-time highs.
- Consumer sentiment dipped to an all-time low with concerns over inflation, the job market, and geopolitical tensions, but consumers keep spending. The retail sales report for last week shows that consumer spending rose 1.7% in March, the highest monthly rise in almost 3 years.
Thought for the Week:
I took the wishbone from the rotisserie chicken in our kitchen to my wife in the bedroom, and I said, “Let’s go! Pull.” She won, and I said, “You always win.”
She replied, “Because I expect to win.”
Expect to win in everything that you do. Have a great remainder of the week!
About The Author
Frederick Hogsett, Jr. is a licensed financial coach with almost 30 years of experience helping individuals, families, small businesses, and nonprofit organizations. He recently opened an office in Savannah, Georgia, and can be reached at (803) 463-2773 or by website at www.livemore.net/fhogsettjrclient.
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Author: Lorallye
Lorallye Robertson is a marketing strategist, creative leader, and small business advocate dedicated to helping entrepreneurs grow with confidence and purpose. Known as both a community connector and small business cheerleader, she’s passionate about helping business owners feel supported, seen, and set up for long-term success. A proud Virginia native, Lorallye is the Co-Owner and COO of KP3, a full-service marketing and design studio recognized as Best of Savannah. Through KP3, she provides small businesses with the tools, strategy, and support they need to thrive. With degrees in Creative and Strategic Advertising and minors in Business and English from Virginia Commonwealth University, she brings nearly a decade of experience supporting over 500 small businesses nationwide through branding, social media, content marketing, and business development. What began as a passion for creative problem-solving has grown into a career centered around community building, collaboration, and empowering others to turn their ideas into impact. After relocating to the Savannah area in 2024, Lorallye has continued her mission of supporting small business growth and connection in the Lowcountry. As an ambassador for Live Like Locals, she actively highlights the people, businesses, and experiences that make the community so unique. Her work is rooted in...