Public Policy Blog

The latest from Southern Bancorp Community Partners’ Policy Team on issues affecting economic security in our markets and beyond.

Saving Time and Money at Tax Time

As we continue talking about tax time and ways to save, one thing that we’ve left out of the conversation is the complexity we all face when trying to fill out our tax forms. We have to gather up all of our documents (most of which don’t arrive at the same time) and...

A little “nudge” can do us good

We’ve all been nudged before. But did you know there are different types of nudges? Behavioral economists (those folks who look at why we make the choices we make with our money) have their own definition: “a subtle policy shift that encourages people to make...

How a little line can add up to big savings

Most (if not all) of us should be saving more. We know we need a financial cushion for life’s inevitable emergencies[1]. If we have children, we know we should be saving for their college. And if we plan on retiring someday, we should probably save for that, too. But...

Keep Your Eye on the Prize… (Linked Savings)

By Kathryn Hazelett Practically everyone knows that we should be saving, and yet we still don’t do it. Or at least we don’t save enough. Add our general lack of savings to the fact that most families will experience a financial shock[i]within a year, and it’s easy to...