Financial Literacy Payoff

The Financial Literacy Payoff Has Finally Arrived

For more than two decades the nation’s largest payment networks, top banks, numerous financial firms, trade associations and tons of non-profit consumer advocacy/education have all been preaching the same sermons to teach and develop responsible money management skills. The hard work spearheaded by Visa with “Practical Money Skills for Life” in the mid-90s has paid…

Grandparenting Costs

Grandparents Spend Time & Money Generously on G-Kids

Grandparents today share in the financial and cultural support of their grandchildren, like never before. A new survey estimates grandparents spend $179 billion dollars per year on their grandchildren. The average age of becoming a first-time grandparent is 50 and the average number of grandchildren is four to five. The AARP’s Grandparents Today National Survey…

Retirement Freedom

Retirement Freedom and Stress-Free Are Not Synonymous

More than half of Americans associate retirement with the words “freedom” and “enjoyment,” and a sizable portion associate retirement with the word “stress-free.” However, the reality is many are forced, out of necessity, to work during retirement, are deeply worried about their future Social Security & Medicare benefits, rising costs of medications, and other unforeseen…

Dining Out Budget Buster

Dining Out – Gut Buster? or Budget Buster? or Both? Add Big Bucks to Your Piggy Bank

Americans are still blowing their budgets dining out. Repeated surveys list the top budget buster as eating out, followed by food and groceries (20%) and travel (20%). Around 15% of consumers said not saving enough was their biggest financial blunder of the year. Whether fine dining, casual dining or quick-service dining (“fast food”) most meals…