Guiding the Way to Financial Freedom
Deciding whether to use a credit union or bank can be a tricky process, but knowing what features are important to you in a financial institution is a great place to start. Considering Your Options If you’ve ever wondered whether banks or credit unions are a better fit for your money, it’s a good idea … Read more
Drinking habits are having an unprecedented effect on the younger generation’s financial health and vice versa, according to several new studies. Alcohol to Blame According to a new report by online lending marketplace LendingTree, Gen Z are increasingly blaming their drinking habits for their financial struggles, saying that drinking too much alcohol is stunting their … Read more
Rising healthcare costs and the burden of medical debt are not just straining personal finances. They’re impacting health outcomes and quality of life. According to the Commonwealth Fund’s Health Care Affordability Survey, Americans owe $88 million in medical debt. Healthcare Affordability Enters Crisis Stage As Americans grapple with these challenges, healthcare affordability is now a … Read more
The Federal Reserve’s internal watchdog has concluded a lengthy investigation, clearing two former policymakers, Robert Kaplan and Eric Rosengren, of legal wrongdoing in their 2020 personal trading activities. A Thorough Examination Unveiled The report revealed that Robert Kaplan, then president of the Dallas Fed, executed multiple transactions exceeding $1 million during the onset of the … Read more
Looking to start a new budget or refresh your current one? These tips can help you start off the new year with a sound financial plan so you can reach your savings goals. Americans Look to Budgets to Stay On Track In an economy where many Americans are feeling the effects of a tense … Read more
Imagine a scenario where being homeless could land you in legal trouble. That’s exactly what’s at stake as the Supreme Court considers a decision that might make homelessness a crime. Let’s break down what’s happening. Homelessness on the Rise Recently, cities performed their annual point-in-time homelessness counts, and the numbers are not looking good. By … Read more
Financial stability is more than just about how much you earn. It’s also how you manage your money. You can have a high salary and relatively low expenses, but you’re not in good financial shape if you struggle to make ends meet. If any of these circumstances apply to you, this is the perfect time … Read more
Prospective homebuyers have many options when it comes to financing their new homes, but some loan types can offer the opportunity of homeownership to those who may not have a down payment saved. For those who qualify, USDA loans can be a great path to owning your home. What is a USDA Loan? USDA, or … Read more
As you approach your 50s, financial foresight becomes more crucial than ever. This decade is often your last chance to fine-tune your retirement plan and avoid critical mistakes. But it’s so easy to misstep and scupper your retirement plans. Here, we look at 25 common financial pitfalls you must avoid to secure a comfortable and … Read more
Understanding how Social Security changes affect your retirement spending is crucial for ensuring financial stability in your golden years. Stay informed and safeguard your retirement funds with smart strategies. A Look Back, A Look Forward 2023 saw considerable spending among older Americans, driven by an increase in Social Security incomes, while the upcoming year will … Read more