Investing in the stock market is something that every American, given the opportunity to do so, should do. It is one of the surest ways to grow wealth that we have. But that doesn’t necessarily mean that it is easy. The sooner you start investing, the better, because your money will grow over time. For… Read More
Financial Literacy Ambassador Awardees Announced
NEW YORK, N.Y. – Working in Support of Education (w!se) announced its first annual Financial Literacy Ambassador Awardees on July 28, 2017. The award recipients are: Read More
$1,000,000 IS WITHIN REACH (AS REPORTED BY DEBBIE CARLSON ON FINANCE.YAHOO.COM)
Do you want to be a millionaire? Of course you do. And while for most people that seems like a fantasy, the reality is that if you start planning early enough, saving one million dollars is not impossible. $1,000,000 is a big number, but if you break it up into smaller chunks, it gets more… Read More
WHY YOUR CREDIT CARD APPLICATION WAS DENIED (AS REPORTED BY MICHAEL PRUSER ON WWW.FIVECENTNICKEL.COM)
While it is never a good idea to spend more than you can afford at any given time, credit cards are an important financial tool for the savvy consumer. But getting denied for a credit card is a sign that something is wrong, and should be addressed. Michael Pruser, writing on www.fivecentnickel.com, lists five common… Read More
BUYING LIFE INSURANCE (AS REPORTED BY ANNA BAHNEY ON MONEY.CNN.COM)
Life insurance is not a topic people spend much time thinking about. That’s because it is only ever necessary in death, a subject we don’t like thinking much about ever. But if you have people that depend on you – a spouse, children, employees – life insurance is an important part of your personal financial… Read More
HOW TO ASK FOR A RAISE (AS REPORTED BY MIRANDA MARQUIT ON WWW.MONEYNING.COM)
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