If your child is college-bound, you probably have questions – including how to pay for their higher education. What may surprise you is how many different sources you’ll draw from to cover tuition, room, and board – plus expenses like books, fees, travel, and more. A recent study revealed over a dozen funding sources parents…
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 Contributing Writer James L. Marshall, Jr., Financial Advisor, Financial Educator & Author One you choose, one you are born into, and the other you earn (well most of us have to earn it). First is faith. Faith is the assurance that the things revealed and promised in the Word are true, even though unseen,…
By d-mars.com News Provider If you’ve recently started using digital banking tools to help you manage your finances, you’re not alone. A new study found that millennials, Gen X, and baby boomers alike all use digital banking more today than they did just one year ago. In the second annual Chase 2021 Digital Banking Attitudes…
By Contributing Writer James L. Marshall, Jr., Financial Advisor, Financial Educator & Author It’s like the conversation I had with Anthony Fool in my book, “A Fool, and His Money” during our conversation about the importance of leaving a legacy of wealth for your family. Anthony Fool: “I don’t know about that ‘M.’ No one…
By d-mars.com News Provider The COVID-19 pandemic has underscored the importance of having access to safe, reliable, and affordable medications. This is especially critical for Americans with underlying medical conditions who struggle to afford medications. To offset rising drug costs, many Americans import pharmaceutical drugs from Canada and other international pharmacies. According to the Campaign…
Experts say that with mortgage rates beginning to rise, refinancing your home now might be your last best chance to lower your monthly mortgage payment, as rates remain near all-time lows. Those who refinanced early in 2021 have already reaped the benefits. Borrowers who refinanced their 30-year fixed-rate mortgage into another 30-year fixed-rate mortgage during…
A new research study looking at how debt affects daily lives reveals that the true cost of debt is more than making the minimum payments. Having debt can also be detrimental to mental and physical health, and impact life decisions. Commissioned by National Debt Relief and conducted by OnePoll, the survey finds that the average…
By d-mars.com News Provider Whether you’re planning for a short-term goal (e.g., emergency fund, home project) or a long-term goal (e.g., retirement), planning can help you succeed. “It’s never too late to start making savings a priority. We want to help our members meet their short- and long-term goals, and there are several ways they…
By d-mars.com News Provider This year, many people are making financial wellness resolutions. From budgeting better to saving for a big-ticket item or investing more income into a 401(k), there are plenty of financial goals to choose from. However, one that you’ve likely overlooked is whole life insurance. According to the American Council of Life…
By Stacy M. Brown, NNPA Newswire Senior National Correspondent It’s official, America has entered the Great Resignation. In August, 4.3 million Americans quit their jobs, and the quit rate, measured by the government against total employment, rose to 2.9 percent in August. But that was August. According to the Labor Department’s Job Openings and Labor…
By d-mars.com News Provider While there are many ways to set your kids up for a successful future, money in the bank is one of the most powerful financial tools you can pass along. Every dollar you save or invest can help your child create a productive and stable foundation for many years to come….
By d-mars.com News Provider Experts say that with mortgage rates beginning to rise, refinancing your home now might be your last best chance to lower your monthly mortgage payment, as rates remain near all-time lows. Those who refinanced early in 2021 have already reaped the benefits. Borrowers who refinanced their 30-year fixed rate mortgage into…
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 If you’ve ever had a financial emergency – like a car breakdown or unexpected medical bills – you know how stressful it is. Especially if you have no savings and little or no credit history, borrowing a small amount of money may seem like your best option – but not all…
By d-mars.com News Provider Experts say that with mortgage rates beginning to rise, refinancing your home now might be your last best chance to lower your monthly mortgage payment, as rates remain near all-time lows. Those who refinanced early in 2021 have already reaped the benefits. Borrowers who refinanced their 30-year fixed rate mortgage into…
By Charlene Crowell, NNPA Newswire Contributor Over the past year, the COVID-19 pandemic has imposed dual crises. Over 542,000 American lives were lost and continue to increase. At the same time, the rippling effects of a massive economic downturn has caused the nation to lose 9.5 million jobs – more losses than even those of…
By Stacy M. Brown, NNPA Newswire Senior National Correspondent For Walter Coleman, an independent contractor in Washington, D.C., Samantha Robles, a hairstylist in Bethesda, Maryland, and Robin Pruitt, a loan officer who also lives in Bethesda, the coronavirus pandemic not only resulted in close calls, but the financial fallout may lead to bankruptcy. Each says…
By d-mars.com News Provider What do budgeting monthly expenses, being a sports fan and following a recipe have in common? All these activities employ math. Unfortunately, it is common for students to struggle with math classes because they don’t see how the subject will matter in their everyday lives. Parents can help motivate students by…
By d-mars.com News Provider Many people are reassessing goals in light of the turmoil of the last year. There is a renewed focus on gaining control of finances, especially through increased saving and getting professional advice. Even Americans who did not lose work lost a sense of confidence in the economy. A new survey by…