FedNow: Revolutionizing Payments in the United States
In the realm of financial transactions, speed and convenience have become paramount. The days of waiting for days or even weeks for payments to clear are long gone, replaced by an increasing demand for instant, real-time settlements. Recognizing this shift, the...
Strategies to Safeguard Yourself Against Unforeseen Circumstances
In life, unexpected events can occur anytime, and being prepared for them is essential for your financial and emotional well-being. Whether it’s a sudden medical emergency, a job loss, a natural disaster, or any other unforeseen circumstance, it is crucial to...How much personal debt is too much?
If used wisely, debt can be a valuable financial tool in helping individuals achieve important life goals such as buying a home, starting a business, or pursuing higher education. However, it’s crucial to strike a balance between leveraging debt to your...
Why I shouldn’t use the phrase “Free Credit Report” on a Google search
It would be best if you did not use the phrase “free credit report” on a Google search because most of the links that will appear are for websites that are not free. These websites often require you to provide personal information, such as your Social...
No Plan = Failure?
“If you fail to plan, you plan to fail” is often attributed to Benjamin Franklin. Still, it is also similar to a quote by Winston Churchill: “He who fails to plan is planning to fail.” Both quotes emphasize the importance of planning in...Your Money, Your Goals Part 5- Wrap-up
In this blog series, we discussed the importance of knowing where your money goes (Part 1), the negative impact of getting behind on your bills, and needing to understand how much income is coming in and from where each month (Part 2). In Part 3, we considered how...
Your Money, Your Goals, Part 4- How do I respond to a debt collector?
When dealing with a debt collector, handling the situation responsibly and protecting your rights as a consumer is essential. Here are the steps you should follow: Stay Calm and Gather Information When you receive a call or letter from a debt collector, stay calm and...
Federal Student Loan Repayment Update
The current status of federal student loans for college students is that the payment pause and 0% interest rate will end on September 1, 2023. This means borrowers must resume making payments on their student loans. Interest will also begin to accrue on any unpaid...Most Popular Courses
