By Nicole Del Percio A reverse mortgage is when a homeowner relinquishes equity in their home in exchange for regular payments to supplement their income. The lender pays you based on a percentage of your home’s value. According to the Wall Street Journal, less than 2% of homeowners have a reverse mortgage. So why are…
An op-ed on the personal financial, physical, and mental benefits of an alcohol-free year By Nikita Wolff Many of us have enjoyed raising a glass to celebrate special occasions, to decompress after a stressful day at work, or while socializing with friends. However, it’s becoming increasingly common that people are re-evaluating their relationship with alcohol.…
By Nicole Del Percio In order to effectively increase the knowledge of personal finance in young adults, it is imperative to identify the roots of personal finance in America (or lack thereof) and acknowledge the Racial Wealth Gap; i.e. the financial inequalities, absent education, and discriminatory systems and regulations the BIPOC community has faced for…
While retirement may feel far away, it is vital to think about the future and ask yourself the right questions to plan effectively for retirement.
Looking for a new job? What values and benefits should you weigh when looking at potential employers?
Learn about the Saver’s Credit and if you qualify BEFORE you file your taxes and miss out.
Let’s look at a few things to help us move away from money shame… Upbringing: “Our research shows that the money patterns we observe in childhood are the primary source driving our financial decision-making later in life,” says Edward Horwitz, Ph.D., CFP®, associate professor of behavioral finance at Creighton University Heider College of Business.…
“Why am I so bad with money?” If you’ve had this thought, you are not alone. We are not born knowing how to manage money, yet we feel shame in not knowing what to do to improve our situation. Often this shame will lead to overspending to keep up with the Joneses. This is a…
Americans are projected to spend nearly $1,000 on gifts, holiday items, and other expenses during the 2021 holiday season. According to the National Retail Federation, planned holiday spending breaks down to $648 on gifts for family, friends, and co-workers; $231 on non-gift holiday items including food and decorations; and $118 on other non-gift items for…
By: Nicole Del Percio Financial Wellness is self-care. American Psychological Association’s latest Stress in America survey found that 72 percent of Americans reported feeling stressed about money at least some time in the prior month. Stress can negatively affect mental and physical well-being. How can you spend less time worried about your finances? …