It’s been frequently reported of late that millennials, those born roughly between ’78 and ’95, are not buying homes at the same rate as previous generations. And there has been much debate offered as to the reasons for that. A new study by Bank of America finds that, counter to the popular wisdom behind this… Read More
Personal Finance Manifesto (as reported by Allison Schrager on www.qz.com)
Rich people have always been able to afford to pay for the best financial advice available. That is part of the reason why they stay rich and the rest of us struggle to get by. But even without expensive advisors, lawyers and accountants, there is some simple financial advice we can all take advantage of…. Read More
Real Estate Investing Mistakes (as reported by Holly Johnson on www.thesimpledollar.com)
Popular HGTV shows make it seem like making money in real estate is so easy that anyone can do it. Find an old house for sale, fix it up, and sell it for a profit. What could be easier than that? Unfortunately, the majority of people who have tried this on their own end up… Read More
Is Student Loan Refinancing a Good Idea? (Guest Post by Andy Kearns of LendEDU)
With 44 million student loan borrowers currently owing $1.5 trillion in outstanding debt, it’s safe to say student loan debt has reached a critical point in the United States. With its heavy cost, many borrowers are forced to delay major life milestones like starting a family, buying a home, or saving for retirement. As more… Read More
MoneyPOWER Flyer
16th Annual MoneyPOWER Flyer 2018 Read More
Talking Money with Your College-Bound Kids (as reported by Mia Taylor on www.thesimpledollar.com)
Going to college is a big step in a person’s life. For many, it is the first time away from home. And that means learning to do a lot of things that were not previously required. Included in the list of new responsibilities one has when they go away to school is managing one’s finances…. Read More
Fixed-Rate vs. Adjustable-Rate Mortgages (as reported by Kailey Fralick on money.cnn.com)
Buying a home can be a daunting task the first time around. One of the big areas of confusion centers around the mortgage. We hear the terms “fixed rate” and “adjustable rate”, and have no idea what they mean or which one makes the most sense in our situation. This guide from CNN Money aims… Read More
W!se Announces 2017-2018 Blue Star Schools
W!se Announces 2017-2018 Blue Star Schools NEW YORK, N.Y. – Working in Support of Education (W!se) is pleased to announce that 258 high schools in its national network have earned the distinction of being named a Blue Star School for their students’ outstanding performance on the 2017-2018 W!se Financial Literacy Certification Test. This national… Read More
Save More by Spending Less (as reported by J.D. Roth on www.getrichslowly.org)
Your personal saving rate is the percentage of your income each month that you are able to save. If you earn $2,000 and you spend $1,500, than your saving rate is 25%. You are saving 25% of your money each month. Personal finance experts will tell you that increasing your saving rate is the key… Read More
Free Tools to Help You Manage Your Investments (as reported by Drew Housman on www.thesimpledollar.com)
In order to grow your wealth over time, you need to invest some percentage, however small, of your income. And you have a number of options for doing so – an employer-sponsored retirement account, a personal IRA, ETFs, mutual funds, stocks, bonds, etc. Many people will choose to have an experienced financial advisor manage their… Read More