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3 Hidden Dangers of Credit Cards

Building your credit is important but using a credit card can almost be compared to playing with fire. Sure, fire can come in handy, but burn too much and that bonfire can get out of control. Did you know that the average US household credit card debt is at $15,863 (counting only the households that have credit card debt)? If …

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5 Financial Lessons You Should Learn Before You Leave Your Parents’ House

5 Financial Lessons You Should Learn Before You Leave Your Parents’ House For most of the high schools, the class of 2015 has just graduated. The hallways of these learning institutions are now quiet and will soon be ready to take on the next graduating class. But was that graduating class ready to take on the responsibilities of adulthood? They …

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5 Ways to Be Debt-Free

How much debt do you have? Debt and debt management can seem like an immense task to conquer but it is an important one to consider when you are thinking about your future. How will your debt affect your retirement? Is it putting a damper in your current living situation or your current lifestyle? Below are five ways to help …

Set For Life

Make Budgeting Work for You

Forbes.com recently released an article discussing budgeting and why it does not work for most people. The article related budgeting to dieting. It sounds like a great idea and you’re excited to get started, but once you actually begin, there is nothing fun about it. You may start strong but eventually slip up and slowly, or all at once, go …

financial literacy is never too late to learn

Financial Literacy and Education are Never too Late to Learn

The AARP and Charles Schwab Foundation have begun working on basic financial literacy and education courses for people 50+. The program involves three separate group classes that are 90 minutes each. The classes include the topics of budgeting, debt control, and saving. The classes are followed up by one-on-one sessions to further educate the individuals taking the course. The sessions …

Financial Education

Financial Literacy and Where to Begin

Wikipedia.org defines financial literacy as, “The ability to understand finance. More specifically, it refers to the set of skills and knowledge that allows an individual to make informed and effective decisions through their understanding of finances.” Based on that definition alone, it is clear that financial literacy and its understanding is a valuable skill to have. So when does this …

What Do Olympians and Your Personal Finances Have in Common?

One of the major flaws in many people’s approach to managing their personal finances is that they think it’s just a one-time ordeal and then it’s over. However, getting your financial life in order takes much more than reorganizing your budget just once. As a recent Forbes article so aptly put it, effectively managing your personal finances requires constant attention …