Category General Information

GIVE YOURSELF A RAISE (AS REPORTED BY HOLLY JOHNSON ON WWW.THESIMPLEDOLLAR.COM)

Growing one’s wealth comes from following two simple pieces of advice: earn more and spend less. Easier said than done, sure. But still true. Earning more can come from a raise or a promotion, most commonly. But there’s nothing saying that you can’t take it on yourself to earn more when that raise isn’t coming. […]

RETHINKING OUR FINANCIAL EDUCATION STRATEGY (AS REPORTED BY DAN KADLEC ON WWW.RIGHTABOUTMONEY.COM)

A growing trend in the contemporary workforce seems to be the rise of financial wellness programs catered towards educating employees on how to properly manage their wealth; both over the short and long term. The material has, thus far, proven to be quite valuable, as young professionals are the most in need of financial guidance. And […]

10 Common Financial Mistakes (as reported by Tracie Fobes on blog.credit.com)

There are many financial decisions that we as Americans make throughout our lives. Some are big, like buying a house or opening a new retirement account. Some are small, like trips to the grocery store. Often, there are financial mistakes that we make because we don’t have the right knowledge or fail to pay attention […]

CHARITABLE GIVING HITS NEW HIGH (AS REPORTED BY AARON SMITH ON MONEY.CNN.COM)

Money given to charity in the United States accounts for 2% of GDP. And in 2015, we hit a new record high for total charitable contributions. Individuals gave just over $264 billion. Corporations and foundations added almost $80 billion more to that, to bring the annual total to $373 billion, 4% higher than the year […]

LACK OF FINANCIAL EDUCATION (AS REPORTED BY MIRANDA MARQUIT ON WWW.MONEYNING.COM)

Lack of financial education early in life can and does lead to important financial mistakes. Young people, starting at the age of 18, are able to access key methods of financial assistance, such as loans and credit cards. However, most are not fully-prepared to do so, because they don’t have the education necessary to make […]

Importance of Financial Education Today (as reported by Donna Freedman on www.getrichslowly.org)

It’s always been important for kids to learn how to manage money. But today, for this generation of children, the challenges they will face make learning basic personal financial skills crucial to their future success. A few simple mistakes, ones commonly made by today’s youth, can have a lasting negative impact on your life. Many […]

10 Financial Truths (as reported by Kimberly Palmer on finance.yahoo.com)

It’s unfortunate that even today in the United States, not everyone gets the most basic personal finance education. But the more we can work these basic lessons into everyday life, the more we can spread the knowledge. Kimberly Palmer, writing for Yahoo Finance, outlines ten key things that everyone must know. One truth that people […]