Teenagers can learn about personal finance through classroom courses and through real-world experiences. According to research we commissioned, well-designed classes or programs support the financial decisions teens face in their lives: how to identify facts they need, decide what information sources are reliable, and compare alternatives. Additionally, lessons can have staying power when the teenagers… Continue reading How to Teach Your Teens Money Skills
Month: October 2015
Here’s how financial coaching can help you meet your money goals – saving, building credit and more
We talked to people across the country about financial well-being and what it means to them. Many people told us that financial well-being means: Feeling in control of day-to-day finances. Having a safety net to help stop a financial shock from turning into a long-lasting setback, and Staying on track to meet financial… Continue reading Here’s how financial coaching can help you meet your money goals – saving, building credit and more
RushCard Glitch Locks Out Thousands of Prepaid Card Customers from Accounts and Prompts Investigation
Hundreds of thousands of Americans are still without access to their paychecks after a glitch struck RushCard, Russell Simmons’ prepaid debit card company. According to an article in Rolling Stone, accountholders, many of whom are low-income and lack access to other banks, found that they had lost access to their accounts nearly two weeks ago.… Continue reading RushCard Glitch Locks Out Thousands of Prepaid Card Customers from Accounts and Prompts Investigation
Helping Financial Caregivers in Every State
Millions of Americans are managing money or property for a family member or friend who is unable to pay bills or make financial decisions. We’ve heard from these financial caregivers about how tough it can be. Kristin in Virginia had to take over financial management for her 35-year-old brother when he suffered a traumatic… Continue reading Helping Financial Caregivers in Every State
Struggling to Keep Up with Student Loan Repayment
We’ve all heard the stories. Whether from our friends, colleagues, adult children, or through our own experiences, we know that student loan debt is taking a huge toll on students and graduates across the country. With the total volume of outstanding student debt amounting to well over a trillion dollars, we’ve heard stories of its… Continue reading Struggling to Keep Up with Student Loan Repayment
New signs of trouble for student loan borrowers
Earlier this year, we asked you to share your stories about student debt stress. More than 30,000 of you responded, telling us that student loan servicers (the companies that send you a bill each month) can make it harder to manage your loans and may contribute to our nation’s growing student loan default problem. Last… Continue reading New signs of trouble for student loan borrowers