Author Archive: Melissa Newton

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MoneyBasicsU.com Rebuild

MoneyBasicsU.com Rebuild

Hello friends and loyal readers, MoneyBasicsU.com was started in 2012, and we thought it was time to hit the refresh and rebuild button.  As a consequence, we will be working on creating a new layout for you to enjoy and exploring other types of content of interest for money smart consumers. In the interim, we will be […]

April 16, 2017 | By More
Financial Literacy Month 2017

Financial Literacy Month 2017

It’s that time of year for folks interested in teaching the basics about money.  We are entering Financial Literacy month for 2017, which comes annually in April.  As our regular readers are aware, MoneyBasicsU is a great supporter of Financial Literacy month and, in particular, Money Smart Week.  During this time, it is a reminder […]

April 4, 2017 | By More
Coin and Currency – Facts on U.S. Money

Coin and Currency – Facts on U.S. Money

When I was downtown last week, my niece and I stopped by to visit the Money Museum at the Federal Reserve Bank of Chicago. We enjoyed going through the exhibits, which include samples and history of coin and currency dating back hundreds of years.  Visitors also get to snap a photo next to a briefcase […]

March 28, 2017 | By More
Online Banking Security Tips for Consumers

Online Banking Security Tips for Consumers

Many of our readers are active users of online banking. It’s why we thought it would be a good idea to revisit the topic of online banking security. Per the Federal Reserve’s Consumers and Mobile Financial Services 2016 report, 71 percent of bank customers use online banking.  It’s important we all continue to be vigilant […]

March 21, 2017 | By More
Report Fraud – Websites to File Complaints About Fraud

Report Fraud – Websites to File Complaints About Fraud

As part of my research resources and newsfeeds, I receive the AARP Bulletin.  It was in the January/February 2017 that I came across Sid Kirchheimer’s article entitled “Report that Fraud: Where to file complaints and what will happen then” in his “Your Money Scam Alert” column.  It provided an excellent overview of a variety of […]

March 14, 2017 | By More
Department of Labor Fiduciary Rule: Changes Coming?

Department of Labor Fiduciary Rule: Changes Coming?

If you are a money smart consumer, you are probably aware of the discussion being held in the news today regarding the Department of Labor’s fiduciary rule. (For a definition of what the fiduciary rule is, see our Tips to Read below.)  The bottom line is this:  it may go away.  As of around March […]

March 7, 2017 | By More
Saving Money Tips for Grocery Shopping

Saving Money Tips for Grocery Shopping

When I look at my budget, the one item that skyrocketed this year was medical insurance.  As a result, I’m back to looking closely at ideas on how to save money on grocery bill costs and other expenditures. I’ve tweaked my money-saving grocery list by purchasing some items ONLY when I can do so with […]

February 28, 2017 | By More
Savings Ideas for America Savings Week 2017

Savings Ideas for America Savings Week 2017

We enjoy the topic of savings here at MoneyBasicsU, and it’s why we want to highlight it to our readers that it is America Savings Week from February 27 – March 3 this year. It is a relatively new initiative, which was created by America Saves and the American Savings Education Council in 2007. Although […]

February 21, 2017 | By More
Federal Trade Commission – Scams to Avoid on Money Transfers

Federal Trade Commission – Scams to Avoid on Money Transfers

The words identity theft, scams, hacking, malware and the like are unfortunately a part of our daily financial experiences now.  It puts a tremendous responsibility on the money smart consumer to become educated about these issues.  Why?  As good as the systems are that we engage including our banks, online shopping brands, and employers (specifically […]

February 14, 2017 | By More
Savings Ideas for 2017

Savings Ideas for 2017

There are some truths about personal finances that money smart consumers already know.  It’s the topic of savings.  Every time we identify ways to save money to our bottom line, our checking account increases.  As our checking account increases, our choices increase. And, in the end, the ability to have choices is everything!  In a […]

February 7, 2017 | By More