Postal banking can be the first financial institution to cater to the financial well-being of low-to-moderate income American households. Existing consumer finance companies target and prey...
The financial crisis of 2007-2008 has lasting economic impacts. In the fall of 2008, the US gross domestic product (GDP) fell by 4.3 percent. Two well-researched...
Rent Burden or housing affordability is a serious problem facing American families. Renters who stopped making their rent payments last year did not spend their newfound...
Savings is an expense. Seeing it any other way can delay economic mobility, sometimes permanently. Even financially literate individuals sometimes see savings as an afterthought. Status...
You can’t build generational wealth if you are broke. It’s great that people from all socio-economic classes are talking about building generational wealth. However, the...
Apple Card, the giant technology company foray into the credit card business, launched in August 2019. With its second anniversary coming in a few weeks, it’s...
Lenders want you to be creditworthy before they can finance that house, car, or new business, and the FICO credit score is how 90% of them...
Currently, the number of US home sales is on the rise, and nervous house buyers and sellers wonder if the real estate market will crash anytime...
Money is an important commodity in today’s society. People use it every day to buy basic survival needs. In 2015, a survey showed that 62% of...
CEO pay skyrocketed in 2020 while millions of hungry Americans turned to food banks for the first time. 8.4 million Americans are still unemployed, and millions...