A recent study reveals that 42% of Americans have accrued more credit card debt since the COVID-19 pandemic began. It appears that COVID-19 has created unparalleled financial challenges for both individuals and families, and [...]
A study conducted by the Financial Industry Regulatory Authority (FINRA) highlights the importance of financial education. Importance of teaching kids to be smart about money Parents are responsible for teaching their kids the value of money. By [...]
One of the many disturbing results of the global pandemic is the powerful sense of uncertainty workers are feeling now. With the transformation of brick-and-mortar workplaces into remote offices and a record number of [...]
Financial stress can manifest itself in many different ways, and looks similarly to any other form of stress or anxiety. With 78% of American workers reporting they live paycheck to paycheck and 72% of Americans stressed about finances, it is critical that individuals know the various resources available to them.
As the COVID-19 pandemic continues to upend our lives, Americans are facing issues they couldn’t have imagined even months ago. What started as a health threat quickly morphed into something much bigger, not just impacting [...]
Sen. Ron Johnson (R-Wis.), one of the most conservative members of Congress, and Rep. Alexandria Ocasio-Cortez (D-N.Y.), one of the most liberal, have both introduced sweeping proposals to broaden employee ownership in the U.S. That surprising fact testifies to just how practical—and urgent—this idea is.
Too many Americans have too little wealth. Just over 20 percent of all Americans have no wealth at all. Forty percent of Americans cannot cover a financial emergency with available cash, forcing them to need to borrow money, put it on a credit card, raid their retirement accounts (if they have one), or other less than optimal choices. Only about half the working age population has retirement savings of any kind.