If one economic recession wasn’t enough for millennials to grapple with, why not throw another their way? The economic hit of the coronavirus pandemic is looking pretty bad to millennials. We’ve been reading many articles discussing how unemployment seems to be looking the worst for their generation in contract to others. The 12.5% unemployment rate…
The coronavirus pandemic has certainly shaken almost every aspect of the lives of Americans. The stay at home orders, high unemployment rate and volatile market have many people thinking differently about the value of their money than they did before COVID-19 erupted in the country. A survey conducted by Charles Schwab in January of 2020…
With the additional $600 per week unemployment benefits coming to an end this week, it is important to think about the ways in which you can prepare your finances for the months ahead. Many Americans are currently jobless and have been relying on these additional COVID-19 related unemployment benefits. There is much uncertainty as we…
Are you a recent college graduate? Are you starting your first job? While it’s extremely important to save money when you are first starting out, it’s also quite important to know how to spend money and understand the concepts behind your credit score and establishing good credit. As your first paycheck starts rolling in, make…
Implementing a Financial Wellness Program for Your Employees: A Guide Over the past few months as we have all been living through the pandemic, anxieties are at an all time high, especially those relating to finances. There have also been notable impacts on employee productivity and engagement. As an employee, your career should be a…
Whether your investment portfolio consists of a 401k or multiple brokerage and retirement accounts, it is important to understand the fees associated with your investments which can dramatically lower returns over the years. Here are some fees you should look out for. Account Fees: For 401k accounts, there are typically fees charged by the plan…
Managing your finances isn’t simple. Throw a global pandemic into the mix and you might be finding yourself overwhelmed and unprepared for the future. Now is the time to self-educate and start finding ways to manage your money for both the short and long-term. Here are a few tips on how to manage and improve…
Many of us have tried to create a budget and stick to it at least once. Some people choose apps on their phone or spreadsheets on the computer to help them complete this task. But, for those who prefer a more creative approach, a better option might be bullet journaling. Bullet journaling is an organized…
It might seem strange to talk about finances when you first start dating someone new. People often try to overlook financial issues when embarking on a new relationship as it can be uncomfortable and awkward to discuss. However, if you see a future with that special someone, it’s important to know what kind of financial…
The senseless killing of George Floyd at the hands of law enforcement has shaken this nation at its core. His death, along with countless others’ has once again brought these injustices to the forefront of our society. For far too long, Black Americans have suffered under systems of racism and oppression. This time, there are…