Welcome to MoneyBasicsU

MoneyBasicsU is a personal finance magazine that empowers you to achieve your money lifestyle goals.  Learn the basics about money to make good financial decisions, and you’ll soon be on your way to a new life.

Personal Finance News

Federal Trade Commission – A Credit Monitoring Case for Consumers

Federal Trade Commission – A Credit Monitoring Case for Consumers

One of the challenges consumers have to watch out for in today’s diverse and complex financial world is identity theft and financial fraud.  Many consumers choose to enlist third-party credit monitoring services to keep a look out for fraud.  Money smart consumers also know that maintaining a solid credit score is really important.  After all, […]

October 4, 2016 | By More
Should You Believe a Celebrity Endorsement?

Should You Believe a Celebrity Endorsement?

In a word, personal finances and the world of money are getting more complex by the day!  We all know this, but it was taken to a new level after doing some research on today’s topic – celebrity endorsements.  Is your purchasing behavior influenced by a celebrity endorsement?  Maybe, maybe not.  But, the Federal Trade […]

August 23, 2016 | By More
2015 National Financial Capability Study

2015 National Financial Capability Study

A characteristic of being a money smart consumer and financial leader is keeping on top of trends.  Let’s be honest here.  It can really be a challenge today to remain in step with the massive amount of news and micro/macro events that create or impact trends. The role of data is more important than ever […]

August 2, 2016 | By More

Banking

Directors’ College Video Series – The Community Reinvestment Act

Directors’ College Video Series – The Community Reinvestment Act

Before you opt out of reading today’s Post, let me give you one reason you need to take five minutes to continue reading. The Community Reinvestment Act (CRA) was created to benefit you – the consumer and business owners.  Let’s be more specific and to the point.  The leading financial partner of money smart consumers […]

July 12, 2016 | By More
Should Banks Offer Financial Literacy for Small Business?

Should Banks Offer Financial Literacy for Small Business?

Some questions are easier to answer than others.  In today’s blog, we address the question, “Should banks offer financial literacy for small business?”  The answer is a resounding “yes.”  Why?  The main reason is that for small businesses, their first partner in their new venture is a bank.  It is also a mutually beneficial relationship. […]

June 7, 2016 | By More
Privacy Policy: Notice of Privacy Practices for Consumers

Privacy Policy: Notice of Privacy Practices for Consumers

What did you do with the last privacy notice you received from a financial institution or creditor?  I’m going to hazard a guess you glanced at it then proceeded to dump it in the trash bin or file it away.  I understand these privacy notices have a lot of small print and are as dry […]

May 17, 2016 | By More

Saving Tips & Ideas

10 Ideas for Happy Holiday Shopping

10 Ideas for Happy Holiday Shopping

The holidays are right around the corner.  If you haven’t done it already, it’s time to begin planning your holiday shopping strategy.  Today’s consumers are now blending the online and real world shopping experience.  If you are heading out to the retailers, strip malls, and shopping malls to enjoy the Christmas spirit, we recommend following […]

November 22, 2016 | By More
Money Saving Tip:  Take the Time to Ask

Money Saving Tip: Take the Time to Ask

Most of us are always on the lookout for a money saving tip.  Today, we wanted to talk about a daily money life action that, over time, can save money to your budget in a big way.  I must admit, I’ve found the power of asking to be a valuable tactic, even when the savings […]

September 6, 2016 | By More
Store Rewards: A Lesson Learned About Saving

Store Rewards: A Lesson Learned About Saving

Have you ever received rewards for providing a retail store your email?  How about when you receive a certain amount of rewards as a cash value on your next purchase?  Store rewards can be a lot of fun to receive because they are free money.  But, if you’re not careful, it’s all too easy to […]

August 9, 2016 | By More

Money Tips On the Web

5 Financial Calculators: Tools for Financial Planning

5 Financial Calculators: Tools for Financial Planning

Have you reviewed your financial plans lately?  Many businesses hold their business planning meetings in the last quarter of the year.  It’s a good idea to dust off our personal financial planning program at least annually. In this way, we keep our short-term and long-term money lifestyle goals on track.  Thanks to a variety of […]

November 15, 2016 | By More
Tip to Overcome Being Tired at Work:  Powernap

Tip to Overcome Being Tired at Work: Powernap

Have you ever had one of those days at work that you can barely keep your eyes open?  Maybe you’re one of the 58 percent of workers in America who feel they don’t get enough sleep. (1) For many folks, changing your personal and professional life to get extra sleep may be tough to manage.  […]

November 8, 2016 | By More
5 Money Tips for Women from Personal Finance Gurus

5 Money Tips for Women from Personal Finance Gurus

In our previous Post Words of Wisdom from Women on Life and Money, we shared some simple ideas to hopefully make our lives better and happier overall.  Today, we are extending the discussion to highlight five money tips from five different personal finance experts.  I have gleaned the tips below from each of their books.  […]

October 25, 2016 | By More