The federal government has been struggling to develop a solution to its public debt crisis. Unfortunately, the Republican and Democratic parties have opposing approaches about how to resolve this significant issue. However, if the government fails to bring about a resolution by around October 18, it could result in a major financial crisis for the United States of America.

Millennials are making six figures in income, but more of them live paycheck-to-paycheck than any other generation.

When it comes to the distribution of wealth among Black and Latinx people versus white people in the United States, minorities have always been neglected. The racial wealth divide is widespread and stems from hundreds of years of policies.

Therefore, becoming a homeowner is not for everyone. Although many people believe that purchasing a home and becoming a homeowner is the best financial decision one can make, renting may be the best option for you.

Inflation is when the price for the same amount of goods (i.e., groceries) or services (i.e., getting a haircut) increases. Inflation affects everything involving the economy from food and clothing to employment wages and interest rates.

Every month, a person will have regular income and expenses. Taking proactive steps is key to improving financially means making strides to lower expenses. Implementing money strategies can have beneficial effects in the long run.

President Joe Biden announced that unemployed Americans would no longer be eligible for unemployment benefits if they turn down a suitable job. Many believe President Biden's announcement is in response to many employers complaining of hiring struggles.

Floridians vote to raise minimum wage to $15 per hour.

Nadia Vanderhall is the founder of The Brands + Band$ Strategy Group. She is an expert marketer who merged her love for digital marketing and money to create a culturally-driven hub to impact change for both individuals and companies.

Many people set money aside for an emergency fund to prepare for anything that could happen. However, if achieving your savings goals is something you struggle with, some techniques you can use are creating a monthly budget, reaching out to a financial advisor, and setting up an automatic transfer to help your goals become easier to attain.

Savings is what working on your finances is all about. Savings is required for any major financial goal--whether you want to stack up a fat retirement fund, transition to travelling more and working less, or buy a home that you can pass down to your children one day. 

Whether in an official recession or constantly hearing economists and financial experts in the media mention that we are heading towards one, what does a recession mean for me and my money?

To become financially successful in the long run, one must make a series of smart decisions. As a person’s main goal should be to try and achieve financial independence, below are some tips that could help you expedite your financial success.

Money can be a scary topic for most individuals. In some ways, it's considered cheap or impolite to address any matter of finances. Avoiding this subject can cause people to leave issues concerning money unanswered and unresolved.

Often, one person or both people will bring their financial baggage into the relationship without warning. If you haven't ripped the bandaid off by now, then you should start having the conversation about money with your partner as soon as possible.