CHARITABLE GIVING HITS NEW HIGH (AS REPORTED BY AARON SMITH ON MONEY.CNN.COM)

Money given to charity in the United States accounts for 2% of GDP. And in 2015, we hit a new record high for total charitable contributions. Individuals gave just over $264 billion. Corporations and foundations added almost $80 billion more to that, to bring the annual total to $373 billion, 4% higher than the year… Read More

CAR INSURANCE FOR YOUR KIDS (AS REPORTED BY ANN CARRNS ON WWW.NYTIMES.COM)

Insurance is a cost that many people forget to factor into their financial planning and budgeting processes. Most Americans will at some point in their lives pay for health/medical, home, life, and auto insurance. And those costs aren’t fixed. They change depending on what happens to you, where you live, etc. A recent article in the… Read More

HOW TO DO YOUR TAXES (AS REPORTED BY STEVE ROUSEAU ON WWW.DIGG.COM)

From January to April every year, you will hear plenty of people talking about taxes. The deadline to file their taxes, for most people, is April 15th (aka Tax Day). Most people don’t take the time to understand exactly how filing taxes work. They either subscribe to a free or low-cost online solution, or they… Read More

LACK OF FINANCIAL EDUCATION (AS REPORTED BY MIRANDA MARQUIT ON WWW.MONEYNING.COM)

Lack of financial education early in life can and does lead to important financial mistakes. Young people, starting at the age of 18, are able to access key methods of financial assistance, such as loans and credit cards. However, most are not fully-prepared to do so, because they don’t have the education necessary to make… Read More