by admin | Jun 23, 2024 | Financial Education
What to do With an Inheritance? In many households, nearly every penny is already spent before it is even earned. The typical household budget that covers the cost of supporting a family, paying off debt, and saving for retirement usually doesn’t leave much room...
by admin | Jun 23, 2024 | Financial Education
The average US household owes more than $ 5,500 in credit card debt, ¹ and the average Canadian household owes more than $ 8,500 in consumer debt. Often times, we may not even realize how much that borrowed money is costing us. High-interest debt (like credit cards)...
by admin | Jun 23, 2024 | Financial Education
It may sound like a bad monster movie title, but the return on consumer debt is a growing concern. A recent New York Times article details the rise in consumer debt, which has reached a new high and now surpasses the record of $ 12.68 trillion of consumer debt that we...
by admin | Jun 23, 2024 | Financial Education
It is no secret that life is full of surprises. Surprises that can cost money. How to Save for a Larger Purchase. Sometimes a lot of money. They have the potential to throw a wrench into your savings strategy, especially if you have to turn to credit to get through an...
by admin | Jun 23, 2024 | Financial Education
Savings for Emergencies. According to a recent report, almost a quarter of Americans have no emergency savings. Without an emergency fund, you can imagine that an unexpected expense could send your budget into a tailspin. With credit card debt at an all-time high and...
