One of the best things that can happen to you, from a personal finance perspective, is getting a raise. But most people don’t recognize that the people that get raises are the ones that ask for them. Asking for a raise might sound scary for people who have never done it before. But there are… Read More
UNPREDICTABLE PAYCHECKS (AS REPORTED BY JONATHAN MORDUCH AND RACHEL SCHNEIDER ON WWW.THEATLANTIC.COM)
A new report called the US Financial Diaries wanted to look at something that most studies of personal finances ignore, the day to day impact of incomes and expenses for many Americans. While most people understand that poor or working class families often live paycheck to paycheck, the US Financial Diaries reports that far more… Read More
WHY AREN’T WAGES HIGHER? (AS REPORTED BY PETER COY ON WWW.BLOOMBERG.COM)
The good news is that the unemployment rate is lower now than it has been at any time since before the Great Recession. The bad news is that average wages have not risen as much as most economists would expect them to. Traditionally, the better the unemployment rate, the higher employers have to pay workers… Read More
HOW MUCH HOME CAN YOU AFFORD? (AS REPORTED BY KATHRYN VASEL ON MONEY.CNN.COM)
This is a seller’s market when it comes to real estate. Lower inventory across the country is driving home costs higher. And so if you’re one of millions of Americans planning to buy a home this year, CNN Money wants you to keep a few things in mind. First, and most importantly, be honest with… Read More
FINANCIAL ADVISOR WARNING SIGNS (AS REPORTED BY LIZ FRAZIER PECK ON WWW.FORBES.COM)
Financial advisors traditionally serve the wealthier among us, who are historically more proactive with their money, because they have more of it. But these industry professionals can be a good idea for anyone looking to make smarter financial decisions, and can benefit people across the income spectrum. But only if you hire the right ones…. Read More
KEY RETIREMENT MILESTONES (AS REPORTED BY PERSONAL.VANGUARD.COM)
We all have questions about retirement – ranging from how to save for it to when is it time? To help answer some of those questions, Vanguard recently shared the 7 big financial milestones in retirement. These are the ages when most of us will be able to take key steps toward a more secure… Read More
INCOME INEQUALITY AND AGE (AS REPORTED BY ALLISON SCHRAGER ON WWW.QZ.COM)
If you pay attention to the news much these days, you are likely to hear a lot about income inequality. The fact that incomes at the very top have grown rapidly over the last several decades while everyone else’s have stagnated is a large drain on the economy. And brand new research suggests that your… Read More
Students Compete for Prizes by Tackling Community Issues
NEW YORK, N.Y. – On Wednesday, May 31st, Working in Support of Education (w!se) held the 22nd annual Quality of Life INNOVATIONS (QLI) Awards Ceremony, generously hosted by CITI in Tribeca. 150 guests attended the event, which was capped off with the announcement of the 2017 prize winners. Read More
Students Honored at 2017 w!se Scholars Reception
NEW YORK, N.Y. – On Friday, June 9, Working in Support of Education (w!se) hosted its annual Scholars Reception to honor high school students who earned a score of 95% or higher on w!se’s 2016-17 national standardized Financial Literacy Certification Test. The Test is administered nationally each year in high schools that participate in w!se’s… Read More
w!se Partners with GS Community TeamWorks to Help Students Gain Valuable College and Career Skills
NEW YORK, N.Y. – Working in Support of Education (w!se) is teaming up with and Goldman Sachs to help more than 200 high school students from across New York City strengthen their college and career-readiness skills. Through Goldman Sachs Community TeamWorks, Goldman employees will conduct mock interviews, teach students about networking and give students a… Read More