Category: Personal Finance News

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
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
Millennials:  Gallup Report Shows Job Hopping Trend

Millennials: Gallup Report Shows Job Hopping Trend

Recently, I came across an article by Amy Adkins, a writer and editor at Gallup.  It provides a results overview of a Gallup report researching the work life of millennials.  To be specific, its focus is on the trend of millennials job hopping.  Of course, when we first glance at the statistics, one would think […]

July 26, 2016 | By More
How to Overcome Underemployment

How to Overcome Underemployment

As our regular readers know, we periodically take a look at reports and surveys on a variety of topics that impact consumers’ personal finances.  The other day, I was browsing through the Business Section of the Chicago Tribune and ran across an article written by Alexia Elejalde-Ruiz on June 29, 2016.  It highlighted the issue […]

July 7, 2016 | By More
IRS Scam Calls Are Still Here

IRS Scam Calls Are Still Here

There are some financial literacy topics that will never go away.  The subject is fraud, and those irritating IRS scam calls are at the top of the list. And, it’s still happening despite the tax deadline being long passed.  We decided to return to this subject once again for two reasons. The first reason is because […]

May 12, 2016 | By More
EMV: Chip and Pin Credit Card Facts to Know

EMV: Chip and Pin Credit Card Facts to Know

Have you updated your credit card to the new chip-based card?  Did you receive a new credit card from your issuer utilizing the new EMV technology?  According to some reports, about 70 percent of U.S. credit card holders have a chip card.   However, it’s interesting to read the various newsfeeds and articles talking about this […]

May 3, 2016 | By More
Verify Your State’s Unemployment Benefits

Verify Your State’s Unemployment Benefits

The other day I was speaking with a friend.  She told me there is discussion around her office the company is going to let go a few workers soon to save costs to the firm’s balance sheet.  It reminded me of an article I read published in the Chicago Tribune by David Lieb earlier this […]

March 15, 2016 | By More
Financial Literacy Campaign to Help College Students

Financial Literacy Campaign to Help College Students

We believe that to empower your money life, you have to be proactive in making it happen.  This philosophy is more important than ever for college students today.  As we discussed yesterday in How Financially Literate Are Women Around the World?, Financial Literacy Month and Money Smart Week will be upon us in April.  In […]

March 8, 2016 | By More