Studies on financial education show us that many people consume debt without understanding the true concept of how money works. Without the proper education, we dive further into debt.
by Sha'Kreshia TerrellIn 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 VazquezCulture Meets Money guest Ash Cash Exantus brings inclusive representation to Black communities through financial literacy and hip-hop music.
by Nailah HerbertCapWay is a financial technology company that offers digital banking services. This means that you can access all your transaction information on the CapWay (iOS or Android) mobile app or CapWay website.
by Sheena AllenWhen payday comes, many bills and other expenses are typically paid off before any other spending occurs. Fortunately, one of the products and services that consumers can access via their online banking platform to help combat this issue is called an “Automated Savings Plan.”
by Nailah HerbertIf 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 PayneThere 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 HerbertPR Newswire's data showed that 61% of Americans were living paycheck to paycheck in June 2022. More than half of the American population makes just enough to get by. Running out of money is something that no one wishes to go through, so below are feasible ways to prevent yourself from living paycheck to paycheck.
by CapWay