In a recent study, it was found that members of Generation Z and Millennials were paying more in banking fees. On average, Gen Z pays around $19 per month in banking fees. Millennials spend $16, while Gen X pays around $4, and Baby Boomers pay around $2.
by Viviana VazquezMany Americans are struggling with handling their finances due to various reasons, and it’s starting to take a toll on their mental health. During the COVID-19 pandemic, mental health woes have increased in many young adults.
by Nailah HerbertLearning about Initial Public Offerings (IPOs) beyond the buzz will help key to understanding which IPOs are great for building wealth or just a buzz.
by Nadia C. VanderhallOver the past couple of years, the hype around cryptocurrency has increased rapidly. Cryptocurrency is being viewed as the future of finance with the potential of revolutionizing the world’s daily operations.
by Nailah HerbertThe COVID-19 pandemic caused the economic growth of the United States (U.S.) to come to a halt. As a result, many Americans relied on the COVID-19 relief packages the U.S. government provided.
by Matin VarshochiMany feel that they don't have a lot to invest. No matter the size of your paycheck, you can get started investing! Getting started investing with a little can add up a lot! Make a strategy that works for your paycheck!
by Nadia C. VanderhallThere are numerous ways to invest your money to grow your wealth, such as through the stock market, index fund, or real estate investing. Trading stock options is more advanced than buying and holding or day trading stocks.
by Matin VarshochiMany factors to consider when thinking about the right long-term decisions needed to build wealth. Thoroughly researching potential investments will help you make the best long-term investment moves when building your portfolio.
by Matin VarshochiDebt can crush not only your score, but also your spirit as you are on your personal finance journey. Understanding how to better handle that debt that is in collections will give you confidence to needed to battle debt as as whole.
by Nadia C. VanderhallAccording to data released by the Common App, undergraduate college applications are up 22%, compared to pre-pandemic rates. However, 60% of college applicants come from affluent communities, while only 5% are from low-income backgrounds.
by Viviana VazquezMariah Carey has earned over $60 million in royalties from the song “All I Want For Christmas Is You.” Along with earning money in streaming, merchandise, specials, and more.
by Nadia C. VanderhallIn 2020, the nationwide protests surrounding the murder of George Floyd stirred up countless debates on why African Americans have yet to receive equality and may still have a long way to go to receive equity.
by Nailah HerbertDifferent levels of investing are being unlocked as people scroll through social media. Retail Investing isn't the only way for investor to see wealth when it comes to the stock market - let's discuss the new normal for investors.
by Nadia C. VanderhallGroup economics is when groups of people have a common economic goal and work together to achieve it, and is one route that assists with the closing of the racial wealth gap, including the practice of supporting local businesses.
by Nailah Herbert