In 2017, 16.7 million people were victims of identity theft, suffering a record $16.8 billion in losses. Today, many of our standard transactions like banking, bill paying, and even shopping are online. The growth of online activity has increased convenience for consumers, but the continuous exchange of personal information online has likely contributed to the increase in […]
Victim of Identity Theft? Here’s What to Do Read More »
Second, only to China, The United States of America is one of the primary “car capitals of the world.” In 2017, more than 272 million vehicles were registered in the country. It seems that this number will continue to rise, as last year, ownership rates for cars jumped to their highest level in a decade.
Five Reasons Why Ridesharing Beats Car Ownership Read More »
While everyone can be a victim of financial scams, one group is being targeted at astronomical rates. According to Bloomberg, approximately five million elderly Americans are victims of financial fraud each year. It is estimated that these individuals suffer annual losses of almost $37 billion. While this news in itself is startling, it is entirely
Laws that Protect the Elderly Against Senior Financial Scams Read More »
According to data revealed by Forbes, 42 percent of millennials are investing more conservatively than their Generation X (38 percent) and Baby Boomer (23 percent) peers. Also, 66 percent of the corresponding age group say that investing in the stock market is “scary or intimidating.” It is possible that much of the fear concerning the
Five Money Apps That Will Help You Start Investing Read More »
Are you a fan of podcasts? If you are, you must know that these digital shows can pack much information in a short time. From entertainment to education, podcasts are excellent for passing the time by while learning something new. In addition to all the comedy, celebrity, crime, and tech-based podcasts out there, there is
Eight Financial Podcasts You Should be Listening To Read More »
You may think that personal finance apps used on smartphones are just for millennials and members of Generation Z. You may also feel that phones are only for talking and texting. Well, smartphones have fortunately come a long way in helping us accomplish many of our daily tasks. Specifically, the app store on your phone
Seven Must-Have Personal Finance Apps for Everyone Read More »
The goal of retirement is to have enough money to live out the rest of your days comfortably. However, what happens if your spending outpaces your retirement income? Statistics are showing that having enough money to rely on for the entirety of retirement can be a challenging feat. According to the Social Security Administration, about
Five Ways to Avoid Running out of Money During Retirement Read More »
While being a driver for Uber or Lyft is a great way to earn extra income, it can also come with many tax benefits and disadvantages. Getting an understanding of what can help you at tax time is essential so that you do not owe Uncle Sam more than what you expected. Here are a
Tax Pros and Cons for Uber and Lyft Drivers Read More »
College can be an exciting time, but paying off student loans isn’t nearly as fun. Unless you pay it back or you’re one of a rare few who receives student loan forgiveness, student loan debt can cause negative repercussions in other areas of your life. For example, you might not be able to get a
Is There an Optimal Strategy to Repaying Student Loan Debt? Read More »
Have you ever waited until the wee hours of the morning to study for an exam at the very last minute? Or you didn’t make a dentist appointment until you found out you had a cavity? We can all be guilty of procrastinating. It’s easy to save something for tomorrow. The funny thing is, tomorrow
5 Ways Procrastination Can Lead to Financial Struggle Read More »
Anyone who’s ever been in debt knows one thing: it doesn’t make life easy. In fact, debt can have many negative effects on one’s livelihood. For example, having large amounts of outstanding debt can negatively affect your ability to obtain any type of credit, such as a credit card or a loan. Similarly, if you
Debt Snowball Vs. Debt Avalanche: Which is the Best Approach to Pay off Debt? Read More »
Have you ever walked into your living room, bedroom, or basement and felt as if the mountains of clutter would never end? The disorganization and difficulty in finding the documents or items you need can make daily life much more challenging and unclear. If you think you are alone in dealing with clutter, the data
The True Cost of Having Clutter in Your Life Read More »
Are you mismanaging your credit with your significant other or anyone else? Have you let the heartstrings get pulled again? Have you cosigned for somebody or something whom you know is financially irresponsible? If you know that person couldn’t get a bank loan, a traditional loan, or a credit card on their own… but then you
Mismanaging Your Credit Read More »
If you’re in the market for a loan, chances are that lenders are going to assess something called your “DTI” – also known as your Debt-to-Income ratio. What Exactly is a DTI? And, how can you improve it in order to get that loan that you want? How DTI is Calculated First of all, you
DTI or Debt-to-Income Ratio Explained w/Video Read More »
Saving money, and especially having an emergency fund, is actually incredibly important. Here are 7 reasons why you should save more money and working toward building your emergency cash cushion.
7 Reasons to Save More Money or Boost Your Emergency Fund Read More »
