1. Not Utilizing a Budget Many people avoid creating a budget because they feel it is time consuming and, frankly, boring. However, budgeting is a very useful (and simple!) tool that can help plan for financial goals and ensure that you spend within your means. There are several online budgeting templates, as well as […]
Five Money Mistakes to Avoid in 2021 Read More »
Many Americans are financially unprepared to handle unexpected expenses. A study conducted by the Federal Reserve found that many households would find it difficult to pay an unexpected $400 expense. Among those adults faced with such an expense, 37% would pay using a credit card and carry over a balance (as well as interest). A
Save It for a Rainy Day Read More »
The incoming Biden administration proposals for student loans could affect over 42 million borrowers. The federal government is the predominant lender for students, and it currently holds more than $1.4 trillion in student debt. The CARES Act with coronavirus pandemic aid, has temporarily altered the student loan system. 22 million borrowers have had their monthly
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Given the dire situation that the pandemic has left many individuals and charitable organizations in, now is a better time than ever to donate to those in need. On top of the joy you experience from helping others around the holidays, you can also receive a tax deduction for your charitable donation, even if not
CARES Act & How it Affects Charitable Deductions 2020 Read More »
Currently over half of elementary to high school aged children are attending school completely online. Many children, especially those in elementary school, need adult supervision to navigate the technologies of online schooling and help them stay focused. With many childcare facilities closed due to COVID-19, families with two working parents are often forced to decide
How the Pandemic May Affect Working Women with Families Read More »
Your credit score – a three digit number in which lenders use to decide the likelihood they’ll be paid on time if they grant you a credit card or loan. It has a great deal of importance in your financial life which is why you should spend time generating the best score you can, the
Ways to Improve Your Credit Score Read More »
