Intergenerational poverty is a condition where poverty is passed down from one generation to another. The poor decisions that parents make affect children over several generations...
Buying a home for the first time might be difficult, especially right now with the median U.S. home price above $400,000. Understandably, you’d be concerned about...
Financial literacy and education are more critical now than ever. Every day, American consumers have to navigate complex financial consumer markets. However, too few of them...
Lenders use the 28/36 rule to assess borrowers’ ability to manage their liabilities, including consumer debts and mortgages. The American middle-class can use it to get...
A Social Security personal account is an excellent retirement planning tool. Current and future social security benefits recipients can use their accounts to plan, execute, and...
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...
Covid-19 hardship withdrawal was made possible by the Coronavirus Aid, Relief, and Economic Security (CARES) Act. If you were one of many American workers who...
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...
Student debt relief might be on the way for nearly 45 million American borrowers. Student debt was one of the critical points in the American Presidential...
