Is ‘Learn Now, Pay Later’ Just Another Student Debt Trap?
The “buy now, pay later” transaction is simple: Shoppers are offered an installment loan at the point of purchase, spreading the cost of the product across several payments. They’re often available without a credit check. Buy now, pay later
Will This Be the Summer of Student Debt Cancellation?
The “will he, won’t he” summer of student debt cancellation is upon us. The “he” is, of course, President Joe Biden. Some 43 million borrowers are hanging onto hope that Biden will take executive action to relieve at least some of their collective $1.7
Got a Savings Goal? Consider Forming a Savings Circle
A breezy January morning made the mid-30 temperatures feel even chillier. But it was an important day for the young man pushing 30 himself. He was about to face his entire family to ask for a loan to seed his new business idea.
4 Items for Your Midyear Money Checklist
A lot can happen in six months. That’s why, as we close out the first half of the year, it makes sense to check in on your financial life. “With inflation, I think people this year are more heavily impacted than they probably have been in many years
7 Tips to Model Healthy Money Management
As adults, how we handle finances sends a powerful message to children. That’s why it’s important to model the healthy money management behaviors that we want the kids in our lives to adopt. Noted below are seven ideas to help shape
Here’s Where Small Businesses Are Feeling Inflation Most
Consumers are spending more on goods and services, but they aren’t the only ones feeling a pinch. Small-business owners are facing their own constraints: higher prices and delays for supplies they need to serve their customers.
Is Medical Debt Disappearing From Your Credit Report?
Health care bills are about to become far less threatening to the financial well-being of millions of Americans. The three major credit bureaus are erasing most medical debts from people’s credit reports, and the Biden administration is
Why Managing Your Money Starts With Your Emotions
Money can trigger strong emotional reactions, which can lead to not-so-great decisions, like missing payments or overspending. A new wave of books urges people to explore their emotional connections to money in order to make better
Can’t Get a Business Loan? Consider These Alternatives
Banks and credit unions tend to offer the most affordable business financing — if your business can qualify. Only a fraction of small-business loan applications are approved, and this disparity is getting worse. According to the Federal
9 Essential Business Tasks That Take an Hour or Less
It’s easy to feel overscheduled as a small-business owner. Your inbox is likely overflowing, your to-do list is a mile long and every task seems essential. With so much on your plate, you might put off some things that don’t immediately contribute to
How to Sustain Generosity Beyond the Holidays
2020 asked a lot from us. We faced new challenges and reckoned with old ones, and often the world’s problems collided with our own individual needs. Help — whether in donations or even just attention — might’ve been hard to give when you required some yourself.
