Category:
Personal Finance

How to Teach Children Good Financial Habits: CFPB Releases Building Blocks

By Joey Johnston | October 27, 2016

Laura Adams, known nationally as the “Money Girl,’’ is a personal finance expert, a best-selling author and the creator of a popular podcast that seeks to educate American consumers.  She…

What Affects Your Ability to Get a Loan?

By Pat McManamon | October 26, 2016

For most of us, our home is the most significant purchase we will make. Which means qualifying for the loan to buy your house is vital. Several factors affect your…

Six Credit Card Myths Debunked

By Joey Johnston | October 24, 2016

Ric Edelman, a financial adviser who is a best-selling author and syndicated radio show host, remembers the days when everyone rushed to the bank on a Friday afternoon to cash…

Money Secrets and Lack of Planning Harm Retirement Dreams

By Joey Johnston | October 20, 2016

By all accounts, David and Margie Stapleton did an admirable job reaching their financial goals before retirement. They have a minimal home mortgage and moderately low debt. Their three children…

How a Clinton or Trump Presidency Will Impact Your Finances

By Joey Johnston | October 19, 2016

This might bore you, but the following story on the presidential election does not address beauty queens, philandering husbands or locker room talk. It does, however, address how a President…

Millennials Reject Credit Cards and Credit Card Debt

By George Morris | August 30, 2016

If you want to break up the loud party that your neighbor’s millennial kid is throwing in his basement bedroom, don’t call the cops. Just barge over and pass out…

How To Reduce Credit Card Interest Rates

By Tom Jackson | August 18, 2016

How to Reduce Credit Card Interest Credit cards have some great perks (who doesn’t love cash back?), but pesky high interest rates can cancel out those benefits. High interest rates…

FINRA Study Shows Growth In Financial Capability

By Joey Johnston | July 28, 2016

Nearly one-third of American consumers find it easier to pay their bills, have more opportunities to save money for the future and more confidence in their overall financial situation. That…

Debt Snowball vs. Debt Wrecking Ball

By George Morris | May 10, 2016

Dave Ramsey has made the term “Debt Snowball” famous, but if you’re buried under an avalanche of debt, is his remedy more like a debt snow job? Ramsey disciples would…

The Truth About Zero Interest Credit

By George Morris | March 17, 2016

You’ve seen the signs at retailers: No interest for six months, 1 year or longer. Typically zero interest credit opportunities are tied to the purchase of big-ticket electronics and furniture:…

Sources:

  1. NA, (2016, 7 September), Building Blocks to Help Youth Achieve Financial Capability: A New Model and Recommendations. Retrieved from: http://www.consumerfinance.gov/data-research/research-reports/building-blocks-help-youth-achieve-financial-capability/
  2. Kehil, S., (2016, 7 September), Four Strategies to Help Youth Achieve Financial Capability, Consumer Financial Protection Bureau. Retrieved from: http://www.consumerfinance.gov/about-us/blog/four-strategies-help-youth-achieve-financial-capability/
  3. Pathe, S., (2014, 10 July), U.S. Teens Rank Between Latvia and Russia On Financial Literacy, Far Below Shanghai. Retrieved from: http://www.pbs.org/newshour/making-sense/u-s-teens-rank-between-latvia-and-russia-on-financial-literacy-far-below-shanghai/