If you’re a parent, you know that raising children is expensive. If you’ve recently been laid off or are between jobs, you may be concerned about how, exactly, you’re going to stretch a bare budget to cover their needs. Here are a few things you can do.
by Gwen PayneIf the word budget evokes thoughts of no-frills, ramen noodle dinners, and nights at home – don’t worry, I have found an easy way to help you grow your bank account without losing your cool.
by Beverly WilksMany of us are told by our teachers, counselors, and parents that college is the best choice. However, going to college is not for everyone. Choosing to attend college is a personal choice and should be considered an investment.
by Nailah HerbertWill and trusts are created in anticipation of someone’s incapacitation or death. When a person dies, a will and a trust can prevent their children and other loved ones from experiencing extreme financial hardship.
by Jala EatonOver half of Americans live paycheck-to-paycheck, and additional financial stress has been added since the worldwide spread of the coronavirus. More than 40 million Americans are unemployed and having to file for unemployment benefits.
by CapWayThe COVID-19 pandemic shed light on how dire many Americans' financial state is, and having money in your savings account can help you to feel financially at ease.
by Nailah HerbertUnfortunately, a lesson or conversation that is often not had between parents and children is around money, therefore, leading to many people's lack of financial literacy.
by CapWayThe federal government passed a $2 trillion stimulus bill to help lift any financial burden off of Americans.
by Nailah HerbertThe headlines about being “payment-free for 90 days due to COVID-19” are dangerous because some people do not read past the headline and assume that they can skip their bill payments.
by Jala EatonSometimes it is hard to say "no" to a friend or family when they ask to borrow money, even when we don't have it to let them borrow. Listen, you can't give away what you don't have. You will in turn put yourself in a bad financial predicament.
by CapWayResearch has estimated that 49% to 79% of Americans are living paycheck-to-paycheck. Part of the financial struggle is having to borrow money or rely on the predatory economy, including payday lenders, title loan services, and pawn shops.
by CapWayThere are many fees banks charge, which account for the billions of dollars that they make per year off of fees alone. With everything from monthly maintenance fees to overdraft, find ways you can avoid paying such fees.
by CapWayYou read that title correctly. Bank accounts are the building block to getting your money together. With a basic checking and savings account, the goal is to help you keep your money safe. If your bank account forces you to spend a ton of money each month, then it’s not meeting your basic needs.
by CapWayWhen choosing a bank product (i.e., debit cards, credit cards, opening bank accounts), you must ask yourself key questions before making your decision. Most people choose their financial institution based on convenience; it’s close to your work, or the process of opening an account is hassle-free.
by Nailah Herbert