Ad Spot

Financial Literacy  

By Beth Chapman 

We’ve just completed the month designated by US Lawmakers as Financial Literacy Month. It would appear many of them aren’t financially literate and it shows. But we are fortunate here in Alabama to have government leaders who are.  

Alabama just passed historic budgets, and our state has the lowest unemployment rates ever. Financially speaking, things are going well right now – better than at any other time in our state’s history. 

While there is always room for improvement, Alabama has come a long way, and there are many people to thank for their leadership in getting the state to this point. Gov. Kay Ivey; Finance Director Bill Poole; State Treasurer Young Boozer; Sen. Arthur Orr, chairman of the Senate Finance and Taxation Education Committee; Sen. Greg Albritton; chairman of the Senate Finance and Taxation General Fund Committee; Rep. Danny Garrett, chairman of the House Ways and Means Education Budget Committee; and Rep. Steve Clouse, chairman of the House Ways and Means General Fund Committee. These leaders are all fiscal conservatives and have worked hard to get Alabama on financially sound footing. 

So how can the state become more fiscally responsible? By saving more than it spends. 

Sounds like a no-brainer, but it’s just money savings 101. Taking care of what the state owns is another way to save money by using resources it has at its disposal instead of always reaching for the newest, biggest, brightest toys. 

I’ve often promoted that the state should invest in buying used cars versus new cars as a money savings measure but have always been shot down on the idea. Either way, we don’t need fully loaded SUVs for government employees to drive across the state. 

Utilizing technology to conduct virtual training and meetings is another way the state can save dollars. State government leaders can stop paying celebrities $50,000 each to make public service announcements on behalf of Alabama, and it can start putting annual reports online instead of printing them and mailing them out by the thousands. This may sound like trivial things but believe me I’ve seen it firsthand – it’s astronomically expensive! 

So, while Alabama is doing well at the present time financially speaking as a state, our officials should use the end of Financial Literacy Month as the beginning of a challenge to save our citizens and our state even more money. It’s a sure bet you won’t hear one citizen complain about it at all. 

Morgan County

Stadthagen named to three legislative committees  

FRONT PAGE FEATURED

Morgan’s jobless rate among lowest statewide  

Falkville

Looking ahead: Growth on horizon for Hartselle, surrounding area  

Hartselle

American Legion Post 52 hosts annual speech contest 

At a Glance

Falkville man killed in crash

At a Glance

Somerville shooting victim identified

At a Glance

Morgan students graduate from JSU

FRONT PAGE FEATURED

Hartselle Educator Hall of Fame to induct six  

FRONT PAGE FEATURED

Flying high: Hartselle senior is dual enrolled in aviation program 

FRONT PAGE FEATURED

Judge dismisses lawsuit that sought to invalidate hiring of new Hartselle superintendent 

Hartselle

HIS class of 2029 gives back 

MULTIMEDIA-FRONT PAGE

Priceville band raising funds for new uniforms

Morgan County

Morgan garbage rate increasing 20 percent 

FRONT PAGE FEATURED

Police: Hillsboro man sprayed ex with gas, set her on fire 

At a Glance

Hartselle native makes Dean’s List at Maryville College 

FRONT PAGE FEATURED

Hartselle native locates sandstone barren, secures $8k grant for outdoor classroom  

News

2023 deer hunting safety refresher

News

Falkville man arrested for of meth, fentanyl

News

Hartselle native locates sandstone barren, secures $8k grant for outdoor classroom

News

HJHS students ‘have a ball’ beginning American Character Program

lifestyle

In the community

News

MCSO answers common questions regarding permitless carry

FRONT PAGE FEATURED

Morgan students chosen for IMPACT 2023

News

Priceville man charged with child pornography

x