Afterpay is a buy now pay later (BNPL) service that breaks your payments into installments. Afterpay has been increasing in popularity. However, many users don’t quite understand how Afterpay works, yet sign up for it anyway.
by Viviana VazquezA recent study determined that 65% of single women would like to buy a house before marrying. Typically, the people who purchase homes are married couples. This is because they have a higher combined income, making it easier for them to pay the expenses of becoming a home buyer. H
by Matin VarshochiOne of the nation’s more recognizable financial aid institutions, Naivent, had to forgive the debt of 66,000 borrowers earlier this month. This decision came after a lawsuit with 39 state attorney generals determined that the student loan servicer was forcing a portion of their borrowers into costly repayment plans, which they knew they would not be able to pay off.
by Matin VarshochiMinimalism is a dramatic mindset shift that can save you money and help you live a happier life.
by Shaun MorganOver the past holiday season, a survey done by LendingTree discovered that Americans incurred an average debt of $1,249 when shopping for holiday gifts. Although it may be important to ensure loved ones receive all the gifts they wish for, going into debt causes more harm than good.
by Matin VarshochiIt can be incredibly difficult to to stick with your financial New Year's resolutions. It is important to have the correct mindset and to set the right kind of goals to be successful.
by Shaun MorganIn 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 HerbertProviding financial stability for their children is typically the main priority for parents; especially, as children start approaching a certain age where they can fully understand how to utilize their assets and funds best. However, choosing what type of account would best benefit your child’s future can be challenging.
by Matin VarshochiA Uniform Gifts to Minors Act (UGMA) is an investment account for minors, allowing adults to give or transfer assets into the underage person’s account to help them save for college or be financially independent.
by Matin VarshochiOn December 22, 2021, the White House announced the extension of the student loan relief plan until May 1, 2022. President Joe Biden stated that he would extend the relief period for an additional 90 days.
by Viviana VazquezThe Biden administration recently announced that it will not extend the federal student loan forbearance deadline, which is set to expire on January 31, 2022.
by Nailah HerbertThe holiday season can be an exciting time for many. However, holiday shopping and its associated costs can be stressful. According to a LendingTree survey, almost 50% of American consumers are dreading the holidays, due to their expensive costs.
by Viviana VazquezIn 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 HerbertA company’s balance sheet provides a snapshot of the company’s financial position. A company’s income statement shows the company’s gains and losses. A company’s cash flow statement shows how much cash is coming in and out of the business.
by Matin Varshochi