Guiding the Way to Financial Freedom
As a consumer, having someone fight in your corner is a refreshing thought, especially with the uncertain economics. The American Consumer Financial Protection Bureau is stepping in and retailers might not like it. Why Buy Now and Pay Later? Buy now pay later (BNPL) is one of many ways consumers are doing their online shopping. … Read more
The CEO of beleaguered aerospace company Boeing is facing a Senate hearing this week due to serious concerns about safety and production issues at company factories. An Apology from Boeing Boeing CEO Dave Calhoun is set to apologize for the failures of the world’s largest airplane manufacturer at a US Senate sub-committee hearing this week. … Read more
Are you struggling with debt? Is your state one of the hardest hit? Here are 15 states where people are dealing with the highest levels of debt, making it tough to stay afloat. 15. Illinois Illinois residents face a debt-to-income ratio of 1.63. High taxes, housing costs, and living expenses contribute to the state’s significant … Read more
By 2030, the world could be facing a significant oil supply surplus. This could not only affect companies, but may create cheaper fuel prices and drive changes in the job market. Understanding how these dynamics could impact Americans is important as we approach this potential new era. Change in Oil Supply The International Energy Agency … Read more
Merchants have been battling Mastercard and Visa over their hefty electronic transaction fees for almost twenty years. With $30 billion on the line, will they settle or not? Why the Battle With the Bank Cards? Swipe fees are more intricate than consumers know, and this is the very argument that sparked the grueling legal battle … Read more
Governor DeSantis’ new budget proposal has been met with a healthy dose of criticism and praise. Let’s take a look at what his priorities are. DeSantis Signs Massive State Budget Governor Ron DeSantis made headlines on Wednesday with the signing of a huge $116.5 billion state budget for fiscal year 2024-25. Boosts and Big Cuts … Read more
Sad times for California, as new data has revealed the state is no longer at the top of the food chain when it comes to a certain industry that brings in billions every year. Michigan Outpaces California In news that’s shaken up the cannabis industry, Michigan has finally edged out California to become the top … Read more
A new policy proposal from the Biden team could lead to millions of Americans finally getting their financial standing under control. A Transformative Move to Wipe Medical Debt Off Credit Reports In a move that could transform the lives of millions, Vice President Kamala Harris and Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra just … Read more
Digital wallets have revolutionized the way we handle money, making transactions quicker and often more convenient. But are you aware of the hidden risks that could threaten your financial security? 1. Susceptible to Hacking Digital wallets are prime targets for hackers. Once compromised, unauthorized users can access your funds and personal data. 2. Phishing Attacks … Read more
The subscription economy has boomed, offering convenience and variety, but it also presents numerous financial pitfalls, especially for those who value frugality and careful budgeting. Here’s a critical look at how these models can drain your wallet. 1. Small Costs Add Up What seems like a minor monthly fee can accumulate into a significant annual … Read more