Perhaps even more nerve-wracking than waiting for your child’s college acceptance letters is learning whether they’ve been awarded financial aid. This is the piece of the puzzle that tells you how much it will really cost, and ultimately, whether a particular school is within your budget. “Decoding award letters and comparing their terms can be…
Finances are consistently a top concern for many Americans, with “saving money” ranking among their primary common goals. This year, Americans are more concerned than ever due to the uncertainty created by high inflation, rising interest rates, lack of income growth and dwindling savings. According to investment research site YCharts, the U.S. personal savings rate…
In observance of National Financial Literacy Awareness Month, Mason Makes Money Fund will be hosting several in-person and virtual events taking place throughout the month of April.
Here are key findings that shed light on American attitudes about taxes and their refunds.
In honor of Women’s History Month, did you know that SC’s Women’s Basketball Coach Dawn Staley is the highest-paid Black coach earning $2.9 million annually? We see you!
“We have to protect and preserve what we already have.” ~ J.D. Garnier Sr. The so-called wealth gap is the substantial disparity in wealth between white and black families. According to data from 2021, white families have a median net worth of more than $188k, while black families have a net worth of less than…
By: d-mars.com News Provider BrandPoint There comes a time when every homeowner looks around at their house and ponders a few upgrades. Sometimes, those ideas turn into full-on renovations as you reimagine your space to better meet your lifestyle. But before you start calling contractors, ask yourself: Does remodeling make financial sense? Here are three…
By: d-mars.com News Provider BrandPoint Whether you’re graduating from high school or college, chances are you’re becoming more independent about handling your own money. While finances can be stressful, they don’t always have to be – which is why a new initiative from Secret Deodorant focuses on providing young women with access to free resources…
Could your finances use a checkup? If so, you’re not alone. According to the Financial Health Network, “Financial Health Pulse: 2021 U.S. Trends Report,” nearly two-thirds of Americans struggle with financial health. But what does that mean? The study considered factors such as people’s ability to pay bills, their amount of short-term savings, and their…
If you have a vision for where you’d like to be financially in the coming years – but no clear idea of how to get there – you’re far from alone. In fact, a recent survey by Wakefield Research and financial services company Digit (now a part of Oportun) found that 78% of American adults…
Many people have financial goals – maybe it’s to get an education, buy a car, purchase a home, or start a business – that require access to credit. However, if you are new to credit, trying to build a credit history can be daunting. It helps to know the basics about the FICO® Score. A…
If you think coping with finances is overwhelming, you’re not alone. A recent study found that nearly 4 in 10 (37%) people avoid dealing with their finances, and more than 3 out of 4 feel stressed and concerned. In the new study, “Path to Prosperity: The Guardian Study of Finances and Emotional Confidence™” conducted by…
By d-mars.com News Provider If you’re dealing with personal and unsecured debt, like credit cards or medical bills, navigating financial terms can be confusing. The terms describing the entire debt settlement industry are used interchangeably, misleading the consumer. It can be challenging to find the right solution for you if you can’t fully understand your…
By d-mars.com News Provider The New Year offers the perfect time for a fresh start and a renewed commitment to getting finances back on track after a season of spending – one where many Americans felt the effects of the pandemic on their wallets even before the onset of the holidays. In fact, COVID-19 has…
By d-mars.com News Provider An often-overlooked aspect of elder abuse is cybercrime – and it’s a problem that’s getting worse. In 2020, the FBI reported a record amount of cybercrime complaints – nearly 800,000 – adding up to over $4.1 billion in losses. More than half of those losses were suffered by people aged 50…
By d-mars.com News Provider Texas Southern University (TSU) has officially launched its partnership with the Securities Industry and Financial Markets Association (SIFMA) to offer students the SIFMA Invest! platform throughout their time at TSU. This program and its virtual platform offer students enrolled at Historically Black Colleges and Universities and minority-serving institutions a myriad of…
Twenty-two percent of U.S. adults report they are unable to pay their bills in full and on time in a typical month, and 30 percent would not be able to cover an unexpected $2,000 expense, according to new data from the fifth annual Personal Finance Index (P-Fin Index) released by the TIAA Institute and the…
by d-mars.com News Provider A new survey reveals that women are increasingly earning the title of “breadwinner” in their households. The Wells Fargo survey found that over half of all partnered women reported greater or equal earnings to their spouse. And nearly one-third of millennial and Gen X women reported being the primary breadwinner —…
While the risk of COVID-19 poses the greatest threat to the elderly, it’s also taking a toll on the people they rely on most: their caregivers. This is particularly true in the Black community, where the pandemic presents new sources of stress, both physically and financially. A new Nationwide Retirement Institute® survey of 313 Black caregivers…
By d-mars.com News Provider Finances are consistently a top concern for many Americans, with “saving money” a top-10 most common New Year’s resolution. This year, Americans are more concerned than ever before due to the uncertainty created by the COVID-19 pandemic. USE Credit Union reported that more than 75% of non-transactional calls received since the…