The financial services industry is always coming up with ways to make spending easier for consumers. The latest development by today’s tech entrepreneurs means that a person no longer needs their wallet to make a purchase. An impulse buy is as simple as writing #buy using your Twitter account. Backers of the technology, including AMEX,… Read More
Young Americans Fear Markets (as reported by Melanie Hicken on Money.CNN.Com)
Because they have grown up in a country where the fear of unemployment is higher than ever, and because they saw many of their parents struggle after the collapse of the stock market in 2008, millennials are much less likely to trust, or utilize, the stock market to grow their wealth. And most experts say,… Read More
Financial Influence of Friends (as reported by Jessica Sommerfield on Moneyning.com)
Creditors and lenders have found something new to look at when evaluating creditworthiness of individuals, their network of friends. Multiple news stories recently have spread the word that banks, insurance companies, and other financial institutions are using social networks to establish patterns of financials behavior among groups of friends when evaluating someone for financing. In… Read More
Save More by Spending Less (as reported by Money Talk News on Mint.Com)
Students go to school to learn the skills that will allow them to succeed and earn money as adults. But to truly achieve financial freedom, it’s just important to learn skills that will help you save money by spending less. In this article, we are given seven great money saving tips that are key to… Read More
Choosing Cheaper Schools (as reported by Kathleen Kingsbury on Finance.Yahoo.Com)
While college costs are still rising at universities around the country, Sallie Mae’s annual “How America Pays for College” report suggests that more and more families are saving by choosing less expensive schools. For the first time in many years, the average college-related costs per student went down for the 2012-13 school year. Focusing on… Read More
Harnessing Technology to Provide Education (As reported by Lisa Wirthman for Forbes.com)
Today’s children are raised surrounded by more technology than any generation before. Look around, many have already mastered using smartphones and tablets while just toddlers. A new generation of applications and games designed for these devices aims to connect to these young children in these formats. Educational software is of course not new, but it… Read More
Budgeting for a College Education (as reported by Gerber Life on Mint.com)
There are a number of big ticket items that people will purchase in their lifetimes, such as cars, houses, and vacations. But there is perhaps no purchase that will be bigger than a college education. Most parents hope to help out, if not take care of their children’s college tuition completely. But the cost is… Read More
Discussing the Financial Literacy Gender Gap (As reported by Robin Patinkin with the Huffington Post Money Blog)
Woody Allen’s new film “Blue Jasmine” touches on a scenario familiar in many households. A wife signs tax and legal documents when presented by her husband without the knowledge as to what is really being signed. In the film, this lack of knowledge is the basis for a plot detailing the fall of a socialite… Read More
Maximizing the College Experience while Staying in Your Budget (as reported by Nancy Anderson via forbes.com)
Heading off to college is an exciting time in many young people’s lives. For most young people this is the first experience living outside of a parent’s house and managing their own expenses. College life provides many unique experiences and challenges for a young adult, not the least of which is covering the huge expense… Read More
The Truth About Credit Scores (as reported by Tisha Tolar on Moolanomy.Com)
Credit scores are important for a number of reasons. But for many of us, credit scores are confusing and difficult to understand. There are many myths about credit scores that you may have heard, but finding the truth about those myths is key to better understanding your credit history. One of the most common myths… Read More