by Courtney Summers | Jan 26, 2022 | News
The Fed’s 2019 Survey of Consumer Finances shows that the typical American household has $5,300 in a savings account at a bank or credit union. But, this number varies greatly by age and number of people in a household. Lesson 1 discussed the 50/30/20 framework. 20%...
by Courtney Summers | Jan 10, 2022 | News
Have you ever volunteered? One out of four Americans volunteer, two out of three Americans help their neighbor according to a study performed by The Corporation for National & Community Service. Considering the US population is in the millions, there is a...
by Courtney Summers | Jan 10, 2022 | News
Do you feel overwhelmed by debt? Do you fear you’ll never get out of debt? You’re not alone. Many Americans struggle with debt. The latest Fed data shows that consumer credit card balances rose to $800 billion in the third quarter of 2021. That’s a $17 billion...
by Courtney Summers | Jan 4, 2022 | News
We all need a place to live and many people today rent. In our first lesson, Budgeting 101, we discussed the 50/30/20 rule. This framework calls for budgeting for 50% of our income for needs which includes rent. Ideally, rent should be no more than 30% of your...
