Technology helps to connect people better. It helps to connect us to other people, places, things, programs. Anything that once seemed inaccessible is now accessible at the tip of your fingers. This means that Americans anywhere now also have access to financial help that they didn’t necessarily have access to before. Millions of Americans are […]
Technology improves financial inclusion with access for all Read More »
Written by Samantha Long, contributor. Money is a topic that many people find difficult to discuss, especially those who aren’t used to being financially comfortable. Whether you’re living paycheck-to-paycheck, have more money now than your family did growing up, or are financially savvy, talking about your finances can be an awkward topic. However, being able
What borrowers really need to know about their credit score Read More »
Guest post by Lyle Solomon, Principal Attorney at Oak View Law Group in California. So, what does it really mean to live paycheck to paycheck? Living paycheck to paycheck is an expression used to define people who use most of their income towards their expenses. If you live paycheck to paycheck, little to no part
1 in 10 six-figure earners living paycheck to paycheck: How to stop that Read More »
Getting back to the basics today… Let’s break down two very important concepts when it comes to consumer finances. Both credit scores and credit reports are equally as important to understand when it comes to how they’re used by creditors and how you can access them. Definitions of the two… Both credit scores and
Credit score vs. credit report – what’s the difference? Read More »
Okay this topic is nothing new… Proposals to change the current credit score model have been around for the last 20 years or so. These proposals to change the model come from policy makers who want the credit score models to be more transparent and defined. On the other side, the major credit bureaus are
Will the weight of your credit score change soon? Read More »
Your definition of financial stability may not necessarily be the same as how your friends, family, neighbors or colleagues describe it. Though we can all agree that financial stability really boils down to how confident and secure you feel with your finances. According to the CFPB, financial wellness is defined as: “A state of being
How confident are you in your financial health? Read More »
Is the hybrid work model here to stay? Unclear right now. One thing we do know though is that the hybrid work model may have a negative impact on personal financial stress. First, what is the hybrid work model? Many organizations are offering the opportunity for employees to work two or three days a week
How the hybrid work model could affect personal financial stress Read More »
Payday loans are scary. And frankly they’re not just scary, they should also be illegal. Payday loans trap Americans, especially lower-income Americans, in a cycle of debt that could take years to get out of. What happens when you have a family to feed? Or your air conditioner breaks? Your electricity turns off? Your roof
How you can help stop the debt trap Read More »
Which should you do first: build your emergency savings fund or pay down debt? Right now… 56% of Americans are living paycheck to paycheck 70% of Millennials specifically are living paycheck to paycheck (more than any other generation!) 69% of adults have less than $1,000 in their savings account Average American debt stands at $6,270
Should saving still be a priority if I have debt? Read More »
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