Financial literacy

PenFed Credit Union and EVERFI Host Financial Literacy Event for San Juan High School Students as Part of “Tu Dinero, Tu Sueño” Program

“PenFed believes that the best way to serve Porto Rico is to help the next generation achieve their financial goals,” said PenFed’s executive vice president of operations. Jamie Gayton. “We remain committed to investing in the development of Porto Rico young future leaders and we are grateful for the support of EVERFI and Saint John’s […]

Financial security

How women are boosting Americans’ financial security

March is all about celebrating women’s history, and unfortunately in the world of financial advice, some of that history isn’t as big as we’d like. For example, almost a third of the gender gap in financial literacy is attributed to women’s low confidence levels, compared to a knowledge gap, according to at the Global Center […]

Financial plan

A rise in interest rates should prompt a review of your financial plan – It’s your money

Picture: Contributed Interest rates are near their lowest in some time, but that all changed on March 2 when the Bank of Canada (BoC) raised its benchmark interest rate to 0.5%. While the Bank of Canada was signaling hikes quite clearly, its March 2 statement acknowledged that inflation was warming up even faster than expected, […]

Financial literacy

Join TDCI’s Securities Division for the “Principles of Personal Financial Literacy” Live Event

NASHVILLE —Tennessee Department of Commerce and Insurance (TDCI) Securities Division partners with Investor Protection Trust and PBS Books to produce “Principles of Personal Financial Literacy” virtual event to stream live on CDIs Facebook pageto Friday, February 25, 2022 at 12:00 p.m. CT/1:00 p.m. ET. Financial literacy can be a source of stress, fear, and worry […]

Financial literacy

ETF receives Governor’s Award in Financial Literacy 2021

The Wisconsin Department of Employee Trust Funds recently received a 2021 Governor’s Award for Financial Literacy for its financial wellness pilot program, Wisconsin Strong: Your Financial Security™. The program was selected by the Governor’s Council on Financial Literacy and Capability for meeting the following criteria: Innovative implementation of an effective financial literacy and capability program […]

Financial institutions

Department of Financial Institutions: Wisconsin Savings Week: Build Personal Savings to Achieve Your Financial Goals

MADISON, Wis. – A coalition of Wisconsin organizations is encouraging Wisconsin residents to participate in Wisconsin Saves Week and take action to secure their financial future. Wisconsin State Treasurer Sarah Godlewski officially proclaimed February 21-25, 2022 Wisconsin Economy Week in partnership with the Wisconsin Department of Financial Institutions (DFI), Wisconsin Bankers Association (WBA), the Wisconsin […]

Financial plan

5 changes a new parent needs to make to their financial plan

Becoming a new parent is overwhelming. Suddenly, you are no longer just responsible for yourself, but for another person who depends on you for everything. From the moment a baby comes home, you need to be aware of your every action and be careful about how it will affect the baby, in terms of health […]

Financial plan

Roses, chocolates and… A financial plan? Couples Love Security: A Study

A new study reveals that couples do better financial planning than singles. This Valentine’s Day, singles looking for happily ever after should give themselves a written financial plan — something they’re about half as likely to do as couples — to get a boost in life. savings and other benefits. That’s according to a new […]

Financial plan

Only a third of households report having a written financial plan

The tangible benefits for employees of having a written financial plan are clear, according to a Hearts & Wallets survey of 5,794 US households. Research has found that Americans who have a financial plan benefit from increased savings, better asset allocation, greater confidence in making financial decisions, and more balanced portfolios, along with other measures […]

Financial security

Securing your path to financial security

WHEN we talk about financial security, many of us think about how to earn more, save more, and invest more in order to be more financially secure for the future. While this is an advised and proactive strategy for working towards financial security, we should not overlook the importance of devoting time, money and effort […]

Financial plan

Rich or poor, it’s never too late to germinate a financial plan – Press Enterprise

This year, we may have made the same resolutions as in the past: lose weight, exercise, save more, or pay off debt. In fact, 65% of Americans ages 18 and older considered a financial goal for the New Year, according to a 2021 study by Fidelity Investments. The main financial goals were to save more […]

Financial plan

Yes, you need a financial plan

Financial planning can help you better understand where you are financially, how to prepare for the challenges ahead, and how to plan where you want to go. If you haven’t prepared a financial plan for yourself or your family, a financial advisor can help. Here are the typical steps in the planning process: Goal setting […]

Financial plan

When It Comes To Your Financial Plan, You Can’t Trust A Computer

During my annual physical recently, the doctor took my vital signs, reviewed my medical records and, after reading my EKG results, said, “Well, the computer says you’re having a heart attack.” But the computer got it wrong. I’m in my 40s and I run marathons, and my heart rate is extremely low. So, after reading […]

Financial plan

Your 2022 financial plan – 3 times to call on the experts

January is a time when many people start making plans for the coming year. But when it comes to your finances, focusing only on what you want to achieve in 2022 might not be enough. Rather than just looking at your next big financial goal, you should be thinking about other milestones that could come […]

Financial plan

What is a financial plan and how do I make one? (And stick to it)

Written by Minyoung Park For many of us, the pandemic has changed our saving and spending habits and led to a reassessment of our financial health. He also emphasized the importance of creating a step-by-step approach to achieving financial goals, otherwise known as financial planning. A financial plan serves to help you control your income […]

Financial security

Department of Banking and Securities Hosts November Events for Financial Security

HARRISBURG, Pa. (WJET/WFXP/YourErie.com) — If you want to know how to protect your finances from fraud and cyberattacks, the Pennsylvania Department of Banking and Securities (DoBS) wants to help. Education and Outreach staff at (DoBS) will host numerous virtual and in-person presentations for seniors groups, service providers and the public throughout November. Child tax credit: […]

Financial security

From short-term financial well-being to long-term financial security

Financial well-being (FWB) is the extent to which an individual feels that their financial situation provides them with security, future stability, and freedom of choice. Recent research has helped to better define and understand FWB, and researchers find that income, education, and liquid savings all contribute positively to FWB levels. Understanding what factors are associated […]

Financial security

Market trends that may affect financial security

Clayton Bland and Christopher Dhanraj | CliftonLarsonAllen LLP For investors, 2020 has been a roller coaster of epic proportions. Between a pandemic, a stock market crash, a rebound to record highs, and massive government intervention, many investors felt anxious as their portfolios were on the line. With the changes 2020 brings, it’s more important than […]

Financial plan

Follow these tips to design a solid long-term financial plan

Financial planning: It would be unwise to design a plan without knowing what you want to save for The coronavirus pandemic has forced us to make several adjustments in our day-to-day lives. Amid growing uncertainty, today’s working population is shifting their goals to those who are closely aligned with checking off items on their to-do […]

Financial plan

How does life insurance fit into a financial plan – Forbes Advisor

Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. What’s the one thing that can instantly mean you won’t meet your family’s financial goals? It’s your untimely death. It’s the only risk that immediately rules out retirement, education funding, home ownership, […]