5 Tips for Getting Out of Debt in the New Year

Is your New Year's resolution to make better financial decisions and finally dig yourself out of debt? If so, you're not alone as Nielsen reports that 25% of those surveyed list "spending less and saving more" among their top goals for the year. But where do you start? Getting out of debt is by no mean easy but it is definitely doable — the trick is knowing where to start. That's...

Fed Raises Rates: Impact on Student Loan Debt Varies

On December 16, 2015, the FOMC took action “to raise the target range for the federal funds rate to ¼ to ½ percent." Debate of assumed outcomes and potential unintended consequences has been the subject of concern for some time with speculation running the gauntlet of possibilities. The rampant rumors surrounding the student loan market is perhaps due to the fact that Federal loans account for a “93%” stake in...

Is it Time to Break Up with Your Bank?

How long have you been with your current bank? Do they treat you well? Even if they don't, chances are you probably stay with them since the idea of moving on and starting over seems like such a hassle. So how do you know when it's finally time for you to break up with your bank and find a new one? Two Cents recently highlighted some signs that it's time to...

Who's the Boss? Your Business Is

Ask any entrepreneur what they like best about having a business and they'll likely give some variation on the answer "being my own boss." However, the most successful small business owners realize that they are actually not the boss — the business is. So are you an employee worth keeping around? A recent article in Entrepreneur elaborated on the idea of your business being your boss by giving some rules to...

New Employee Perk Aims to Unburden Millennials

Graduate from high school. Go to college. Get a good job. — It's the path that many of us are taught but it's also one that has saddled many Millenials with huge amounts of student loan debt as the enter the workforce. In fact, as we recently mentioned, one financial adviser said the top question she's asked by 20 and 30-something is if they'll be paying off their student loans...

FinTech in the 1950s?

In the minds of many of us the FinTech sector is a relatively new phenomenon that has grown over the past decade or so. However, following the trail of banking innovations back to the 1950s paints a different picture of FinTech and their supposed threat to the big banks. A recent article in Forbes argues that FinTech is not nearly as new a concept as we assume. They first point to...

Economy Class Benefits from United’s Freebie Snacks

Apparently senior leadership at United Airlines recognizes this time of year to rejoice and express appreciation for those you care about by once again dishing out free snacks to economy fliers. Wow! After an approximate 7-year hiatus dating back to sometime in 2008, in which United management then decided to nix serving the freebie miniature-sized snack packs to quell the peasants squished together like chickens in an overcrowded henhouse sitting...

Is Renting Really a Waste?

The decision to buy a house is not an easy one. While there are certainly times when purchasing a home makes good practical and financial sense, the truth is that it is not for everyone. However, many are led to believe that the alternative — renting — is a waste of money. Is this true? As often touted as the saying that renting is just throwing money away is, it's also...