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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 …

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 …

Financial Health Linked to Physical Health

We have long been touted the benefits of being physically fit, but what about the benefits of financial health? The two may seem unrelated, but financial health does, in fact, have a link to physical health. Financial fitness can impact our productivity in the workplace and in our personal and family lives just as much as physical fitness. A study …

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Teens are Cynical about Financial Institutions and Banks

Recently, a University of Arizona study found that teens are more wary than ever about financial institutions and banks. Given that “the majority strongly distrust financial institutions and even while expressing great confidence in other things like their likelihood to find employment” and their ability to achieve financial stability, American teens are facing an uphill battle for financial security. Teens …

Gaming for Financial Education and Money Management

We can all agree that financial education is vital and pertinent – money management skills are necessary for everyone. For many people, however, financial education and learning about important budgeting skills are not exactly the most appealing topics. In fact, some people, especially children, teens, and young adults, may shy away from financial education solely because they find the topic …