How can we improve the teaching of financial literacy in high school? And why is it important? Our report also makes six recommendations to improve financial literacy education in schools. People need a basic understanding of financial concepts to make good financial decisions. Our recently published research found that most students generally don’t know much […]
The following is a discussion and analysis of our financial position and results of operations and should be read in conjunction with the information set forth under Part I, Item 1A, “Risks Factors,” and our consolidated financial statements and notes thereto appearing under Part II, Item 8, “Financial Statements and Supplementary Data” of this Annual […]
CPA Canada has launched a financial literacy webinar series that aims to improve women’s personal financial literacy and is suitable for all ages. The new program will be delivered in six self-contained online sessions presented via webinar by Chartered Professional Accountants. Sponsored by Canada Life, the six distinct sessions will cover “Building a Money Mindset”, […]
The economic disruption and uncertainty caused by the pandemic has caused many people to carefully review the way they handle money and perhaps even redefine their idea of financial security. Bank OCBC NSIP wanted to get more Indonesians to become financially healthy and spread awareness about the importance of have the right knowledge to […]
Creating a financial plan allows you to set goals and track financial benchmarks throughout the year. Creating an annual plan can ensure you stay on track to achieve your short and long term goals. Each year I provide a checklist to help you create a plan. There will definitely be other things you want to […]
Even though the financial market has become saturated with new products, there is something elegant about committing to the essentials. Here we will discuss four steps to instantly improve your financial plan. 1. Maximize your tax-efficient accounts Since everyone has different circumstances, it’s good to remember that some people will have more tax-efficient space than […]
By Mary Chapman, CFP Emotional biases are the instinctual feelings that influence the decisions we make. They are generally not based on thoughts or beliefs. They are often behind the split-second decisions we make. We all have them. That’s not always a bad thing; however, since these biases are based on our experience and emotions, […]
(Sam Swenson, CFA, CPA) Even though the financial market has become saturated with new products, there is something elegant about committing to the essentials. Here we will discuss four steps to instantly improve your financial plan. 1. Maximize your tax-efficient accounts Since everyone has different circumstances, it’s good to remember that some people will have […]
State Senator Patrick O’Connor, R-Weymouth The new year always brings new resolutions, perhaps this year more than most because of what we’ve all been through over the past two years. We all want some kind of fresh start, a feeling that we’re doing the right thing, and a good plan to move forward. As a […]
Today, Subaio has chosen European open banking leader Aiia, a Mastercard company, to enable a smarter way to assess creditworthiness with Subaio’s new white label offering. With access to open banking, the solution will help financial institutions, banks, leasing companies and others automatically assess consumer creditworthiness. The traditional credit scoring industry has been associated with […]
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 […]
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 […]
MILL HALL — Keystone Central School Board Vice Chairman Randy Strouse wonders about the district’s future financial situation. Strouse voiced his concerns towards the end of Thursday evening’s business session, after a lengthy presentation by John Compton and John Edinger of Baker Tilly. Baker Tilly provided an audit of the district’s 2020-21 finances. […]
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 […]
November 30, 2021 A fiscally responsible fiscal plan advances a recovery for all of us and leaves the next administration a platform for success NEW YORK— Mayor Bill de Blasio today released New York City’s November Financial Plan Update for Fiscal Year 2022 (FY22). The FY22 budget now stands at $102.8 billion and remains balanced. […]
Andrew Peebles | Springfield News Manager For many young professionals, the concept of “financial literacy” may be relatively new and cause some anxiety. At the start of his career, a surplus of objects vie for our daily attention – succeeding at work, creating a business portfolio, buying a house, paying off debt and potentially even […]
The pandemic has undoubtedly changed the way we think and feel about our financial situation, pushing the boundaries of what we think of as “financial security”. However, despite the negative impact of the pandemic on the financial situation of many people, a recent study shows that 52% of Metro Philadelphia residents currently feel financially secure […]
Whenever his mother plays mahjong with her friends, the conversation invariably turns to what their children are doing, said Mr. Paul Lee (not his real name). Not that he minds because he also wants to know how his peers are doing, especially their career trajectories, who is dating or about to get married, or just […]
Offering wealth management services is something all accounting firms should do for all clients who need it. My premise is that everyone needs some kind of financial planning; the scope and depth of engagement will vary depending on the complexity, but all of your company’s customers have financial issues and needs. The hard part is […]
People in the UK are more than twice as likely to be financially worse off since the pandemic than better off, and many are looking to budget more carefully in the future, according to new research. Toluna’s “Understanding the Consumer 2021: Global Barometer” is a regular index that taps into a community panel of over […]
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 […]
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, […]