At the end of last year CFSI hosted an in-the-field activity designed to put participants in the shoes of underserved consumers as they attempt to complete several financial transactions. This particular FinX event shared the focus area of the Financial Solutions Lab first innovation challenge which will be launching next month, household cash flow management.…
Cash is not returning much more than 1% these days and financial markets are volatile and overvalued, portending lower future returns. Many homeowners wonder if they should use their surplus cash to more aggressive pay down their home mortgage. There are qualitative and quantitative factors to consider and the answer really depends on each person’s…
There is growing evidence that consumers who have a need for credit are turning to overdraft because they lack better options. A recent Wall Street Journal investigation of fee income at banks inside retail stores, for example, quoted a customer saying she overdraws “all the time” because the overdraft fee is cheaper than a payday…
During this pandemic, working from home is very dependent on using internet technology to do assignments and reports. You may have company email and personal email to send your report or assignment or for other purposes. Nowadays cyber crime has so much that we must be extra careful to maintain the security of email accounts.…
It’s not a big sin to use a credit card to pay for groceries. However, you should be wise to use it so as not to get wrapped up in credit card debt. It’s legitimate if you use a credit card as a means of payment. Because, you can benefit when dealing with credit cards.…
When returning to your workplace after working from home during quarantine at home, life at your workplace will never be the same again. During this pandemic, we will live the New Normal life until the epidemic ends in total, at least there is already a drug or vaccine for the Sars-Cov-2 virus. Every country in…
During this pandemic, several countries gave policies in the economic fields to maintain the stability of the countries in the business and economic fields. One of them is in the field of domestic and foreign trade. The US government also took several policy steps to maintain economic stability in the trade sector. This policy was…
When you hear the word budget, what do you have in mind? Some people interpret it as a ‘bond’ for their money, some who have lived accustomed to the budget consider it as freedom. Why can there be two different points of view? Of course this speaks of discipline and insight that change someone’s mindset…
In the midst of the Covid-19 pandemic, social distancing has become a choice that must be made by people around the world to close its spread. The death toll has reached tens of thousands of people worldwide and has infected around 2.8 million according to WHO data as of 27 April 2020. Determination of staying…
According to the new marketing research, 92% marketer now place high value on social media. If you have social media dan get bored only to view status updating, photos, videos of your family and friends, why don’t you think about to make it more productive. The result of marketing research above is one of indicator…
During the independent quarantine period in your home where you have to apply this social distancing, shopping for basic household needs must be fulfilled because you cannot go shopping as you wish during the Corona outbreak. It is still unknown when this pandemic ends, so as long as this period is still ongoing, it helps…
A recent study conducted by Timothy Gubler and Lamar Pierce from the Olin Business School, Washington University in St. Louis shows that poor physical health is driven by the same psychological factors that determine whether or not you contribute to your retirement plan at work. See this related article in the NY Times: In the study,…
The South Carolina Future Scholar 529 plan is an excellent way for parents to save for college, but there are some important rules to understand in order to ensure that you make only “qualifying “ distributions, so that you don’t have a surprise tax liability. Time Distribution First and most importantly, make sure that you time…
Most people would say that they have money “habits” and not necessarily money “traditions.” Money is often looked at as a necessary evil instead of a tool that can help you focus on your priorities in life. Take the changing of the seasons as an opportune time to change your attitude towards money. Instead of…
Springtime has finally arrived! As you start to enjoy the long, warmer days and put aside a day for spring cleaning, make sure that you give your finances a spring cleaning as well! Start by addressing those dusty old boxes or files full of well-aged financial documents that you no longer need. It’s finally time…
We all want to spend money when we’re getting ready for our baby. Whether it is planning a nursery, picking out the layette, or choosing a crib, it is all so exciting! And, without planning ahead, it can also be expensive! Getting a plan together is easier than it sounds. GET ON THE SAME PAGE:…
Did you know that once your child turns 18, your rights as a parent cease? You are no longer able to conduct financial transactions on his behalf, can’t talk to his healthcare professionals, and can’t even discuss his grades and other records with his college office. Not only is that a potential inconvenience, it may…
Approaching one of the first Mothers days’ that I have experienced from the perspective of a mother has got me thinking about the deeper meaning of life, family and what’s important. The Mother’s Day tradition started with many ancient cultures celebrating motherhood, maternal bonds and the influence of mothers in society. This celebration has taken…
Modern bookcases and cabinets are functional to use for storage, as a home office work space or for display. Wall cabinetry is a unique home furnishing that fills your room areas with decorative elegance. Unique bookcases, cabinetry and wall units are versatile in a modern space. They are stylish and come in wide selections of…