According to CNBC, a lack of financial literacy cost 15 percent of adults at least $10,000 in 2022. The average cost, according to the nonprofit National Financial Educators Council, of financial illiteracy to individuals in 2022 was $1,819. How much has your financial literacy or lack thereof cost you in the past year? The average […]
Have you ever looked at the lives of people you know or don’t know and wondered how they became financially successful? For a split second, you may question what you are or aren’t doing, then go about your life. These moments present missed opportunities to have the life and financial success you desire. You see, […]
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A recent study by Boston College reflects what many of us in the financial industry already knew: Americans are not saving enough for retirement. This means that many retirees will experience a lower standard of living in what should be their “golden years.” What about you? The money you set aside now largely will determine […]
Calendars — we love them when the prompts remind us of commitments we may have forgotten, but we dread them when they show us how overbooked we are. As my own schedule became overrun in February, I started to have a very serious internal conversation with myself. Every board on which I volunteer seemed to […]
It seems like only yesterday that my children were young, and I was in the season of parenting that required seemingly endless hands-on teaching, training and correcting. Today, my children are grown. My youngest grandchild is 19, and I have four young great-grandchildren. My mother once told me that her parenting didn’t end when I […]
Photo by Liza Summer via Pexels In 2023, the average credit score in the United States is 714. Considering the state of the economy, that’s not a bad average. If you fall below that average, it may be time to consider making active moves to increase your credit score. The lower your credit score, […]
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By Navigator Credit Union The start of a new year means it’s time to make resolutions. If you’re looking to improve your financial situation, here are five money smart ideas for 2023: FINANCIAL RESOLUTION #1: SAVE MONEY If you’ve struggled with setting money aside, automating is a simple way to create a savings plan that sticks. […]
