Starting your financial life the right way to aim for stability.
Since the Great Recession took a toll on youth unemployment, young people have continued to struggle in achieving financial independence. Rising student loan debt and low entry salaries compared to modern cost of living create barriers to breaking away individually. Still, with perseverance and a careful plan you can make progress to starting your financial life on your own.
The articles in this section offer advice and insight into the issues that affect young people today. they can help you overcome the unique challenges that face to achieve financial independence. Take control of your finances, create short and long-term saving strategies, and avoid common debt and credit traps.
The last major credit issuer just announced they will phase out signature credit card signature requirements on most transactions this year. As EMV chip technology improves, you should see less request for your John Hancock, and hopefully less fraud...Read full article
A new report finds long term auto loans are getting longer and longer, leading to more time in debt and higher costs due to added interest charges. Do borrowers really benefit from that commitment?..Read full article
First Command finds that there is a financial confidence gap between Service Members and their spouses, who typically manage the household finances. What can be done to improve financial confidence?..Read full article
Another interest rate hike by the Federal Reserve means that the cost of debt for consumers just got higher again. WalletHub has revised their map of cities with the most and least sustainable credit card balances. Can you still afford to pay off your debt in a cost-effective way or do you need debt relief?..Read full article
Millennials are the first to jump on new technology that makes their lives easier, but a new survey finds they also may be the first to dump tech that doesn’t perform like they expect. This survey shows the problems with our current mobile banking experience...Read full article