Saving money seems like an easy venture – just make sure you spend less than you make and put some money away for the future. Despite this, most Americans are saving less than then before due to harsh economic conditions and inflation. As of 2023, 39% of Americans are saving less than the prior year,…
Financial issues and money can have a significant effect on your mental health. According to research, financial stress and anxiety is one of the main causes of depression. There is much pressure associated with saving for the future, managing a budget, paying bills and managing expenses can cause issues like insomnia, depression, poor concentration and…
The rapid pace of technological innovation has affected many aspects of our lives, including personal finance, investing and financial management. In particular, the emergence of automation and AI (artificial intelligence) is providing new tools and methodologies for people to manage their money, including investment decisions and planning for the future. There are both benefits and…
Personal finance education can be a significant way to empower people that have been incarcerated and a helpful factor in reforming criminals to help them succeed upon release back to society. Successful education programs can help rehabilitate, reduce recidivism rates and help prisoners integrate in the world. 💡Fun Facts: 1)After incarceration, the average released prisoner…
Identify theft is so common these days. There are many steps you can take to protect your identity and prevent unauthorized loans and credit cards in your name. It’s very time consuming and expensive to fix identity theft once you become a victim, so it’s worthwhile to take the appropriate steps to prevent it in…
Your credit score is everything these days. Thanks to apps and websites such as Credit Karma, you can check your score and get notifications that might have otherwise gone unnoticed. Many lenders also now offer free credit monitoring. Gone are the days when you could only check once per year for free. Now it’s as…
Analyze Your Expenses Many are not aware of exactly how much actual debt they have at any given time. With all of your hard-earned money accessible with a single swipe, it’s easy to lose track of exactly what you are spending and or charging. A good place to begin getting a handle on your finances…
