Financial literacy

Do students lack financial literacy?

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 […]

Financial institutions

FINANCIAL INSTITUTIONS INC MANAGEMENT REPORT ON FINANCIAL POSITION AND RESULTS OF OPERATIONS (Form 10-K)

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 […]

Financial literacy

CPA Canada launches financial literacy webinar series for women

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”, […]

Financial literacy

OCBC NISP wants young Indonesians to develop financial literacy

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 […]

Financial plan

4 ways to instantly improve your financial plan

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 […]

Financial plan

7 emotional biases that are derailing your financial plan

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, […]

Financial plan

4 Ways to Instantly Improve Your Financial Plan | Smart Change: Personal Finances

(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 […]

Financial literacy

Massachusetts should move forward with financial literacy education

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 […]

Financial institutions

Subaio Chooses Public Banking Company Aiia to Automate Creditworthiness for Financial Institutions

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 […]

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

Strouse questions KCSD’s financial plan | News, Sports, Jobs

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 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

Mayor de Blasio releases November financial plan update for fiscal year 2022 stimulus budget

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. […]

Financial plan

A financial plan for the future brings peace of mind

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 […]

Financial security

Five ways to increase your financial security

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 […]

Financial plan

Build a financial plan? You may already be on your way

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 […]

Financial plan

Find gaps in a client’s financial plan

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 […]

Financial security

38% of Britons are worried about their financial security with more than a third less well-off

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 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 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, […]