In the News

By: Gabrielle Olya | Source: GoBankingRates

As much flack as millennials get for their bad financial habits, they actually are pretty good savers. A recent survey conducted by Bank of America found that 73% of millennials are actively saving money and more than half (59%) have $15,000 or more in savings. Perhaps even more impressive, the survey found that nearly 1 in 4 millennials (24%) has $100,000 or more in savings. And while that seems impressive, is that actually enough?

By: Michele Lerner | Source: The Washington Post

The frenzied spring housing market sometimes makes it seem like everyone is buying a home at once. But many renters can’t afford to buy a home in an expensive housing market or aren’t sure if they want to buy.

By: Nicole Spector | Source: GoBankingRates

It’s everyone’s favorite time of year: tax season! This year individuals have until May 17 to file their 2020 federal income taxes (versus the pre-COVID-19 date of April 15, which only quarterly payers need to heed).

By: Russ Wiles | Source: USA Today

The past year has been unusual not just from a public-health standpoint, but in terms of personal money behaviors and economics. Many of the typical financial patterns that you’d expect to see in a recession year just didn’t pan out.

By: Holly Johnson | Source: CreditCards.com

ou can earn something for yourself as you go about checking off your holiday shopping list – that is, if you pay with a rewards credit card that offers an introductory bonus. Here’s what to keep in mind if you want to earn a sign-up bonus while buying gifts.

By: Forbes Council | Source: Forbes

When the majority of your sales occur in a small window of time, you need a strong budget and operational strategy to keep yourself afloat during the off-season. To help, we asked a panel of Forbes Finance Council members how they recommend managing seasonal sales cycles.

By: Sarah Sharkey | Source: Bankrate

f you are struggling to open a bank account, you aren’t alone. Many consumers are unable to open bank accounts if they have a history of mismanaging their funds. No matter what circumstances brought you to this point, there are still options.

By: Oscar Gonzalez | Source: CNET

All the pros and cons of paying someone to fix your credit.

By: Cameron Huddleston | Source: GOBankingRates

Summer is usually a time to cut loose and have fun, and while you may not be traveling as much this year, there are still ways to enjoy the season. If you’re not careful, though, fun can lead to overspending and a multitude of other money mistakes.

By: Aimee Picchi | Source: USA Today – Money

Millions of households are experiencing financially stressful times as a result of the coronavirus pandemic which can make it tempting to seek out quick cash. This may seem like a good option as bills come in, but could end up costing more in the long term. Consider alternate cash routes to protect your financial footing beyond the short term.

By: Gabrielle Olya | Source: Go Banking Rates

The current health measures to prevent the spread of COVID-19 has caused unemployment to skyrocket, highlighting how crucial it is to reduce spending and focus on saving. GOBanking Rates spoke to financial and consumer experts to get their insight on which expenses to trim during the pandemic. and has forced many businesses to close or reduce workers hours.

By: Anna Hecht | Source: CNBC Make It

Financial discussions may be difficult under normal circumstances, but during tough times it’s important to be sensitive to partners without criticism. Having a money talk mid-pandemic is not ideal, but neither is the coronavirus; confront budgets together and reassess goals, as well as paying close attention to emergency funds and discussing job security. Remember to schedule check-ins to reevaluate financial strength.