Main Street recession talk is disrupting small business plans and bubbling Downtown to Wall Street. Another short-term interest rate today cut (second time this year), a massive overnight funding market shortage for two-consecutive days (first time in more than a decade), inverted yield curve for first time in 13 years, trade tariff/consumer taxes set to…
Having a money talk with your children can pay off handsomely when they reach adulthood by delivering a higher level of confidence in their finances. The “birds & bees” talk may help prevent unplanned pregnancies, but the “dollars & cents” talk, or more correctly, “dollars & sense” talk, may avoid boomerang adult kids who move…
Equifax offers up to 20 grand cash to American victims of its 2017 data breach as part of $575 million to $700 million settlement reached with federal and state agencies. Nearly 150 million Americans were affected by the data breach between September 2016 and 2017. While the $20,000 cash payment represents the maximum amount a…
Cheap dates & cheap weddings might become the new thang as those who splurge on their “Big Day” end up with regrets, money fights and, no kidding: Divorce. Traditionally, Daddy Warbucks would cough up the dough for his daughter’s wedding. However, more couples today are doing it on their own dime, and if necessary, on…
Dads prefer baseball tickets this Father’s Day, or tickets to another sporting event. Baby Boomer dads are also more likely to prefer a last-minute getaway as the best. Many past surveys have confirmed that most dads will stay home on Father’s Day and fire up the grill and drink some beers, but around 30% of…
Drunk online shoppers are blowing budgets with a credit card in-hand and booze in the other. Shopping online in your pajamas at 3 in the morning is nothing short of cool. But, mixing in a little Tequila and traditional brick-n-mortar store “impulse buying” returns, but exponentially, becoming stupid SUI (Shopping Under the Influence) purchases. About…
Credit scores are the lifeblood of personal lending around the world and, if they fall below 660 it can become a “scarlet letter,” a sign of personal financial mismanagement. Repeated surveys confirm job loss, medical expenses, divorce, natural disasters or personal disasters are the major factors destroying a personal credit score. Missing one credit card…
A growing and significant number of Americans will be cashing out credit card rewards for summer vacations this year. Approximately four out of ten Americans prefer to use credit cards to pay for their 2019 summer vacations and nearly 40% of younger consumers will be redeeming credit card points for their trips. A recent survey…
Travel warning: all the gizmos and gadgets we carry with us daily take on a bigger dimension when traveling. The development of new digital technologies has opened up new opportunities for travelers, but at the same time has increased exposure to scams and security risks while on the road. You may be traveling far from…
While a gargantuan number of Americans handle their finances reasonably well, there are 10 dollar destroyers floating around, wherein some consumers fall victim to their own personal financial mismanagement or find themselves in circumstances possibly out of their control. The secret to successfully navigating around these ten hazards to the health of your wealth is…
