How Millennials Learn About Personal Finance

As millions of Millennials graduate college and enter the "real world," many are in need of solid financial advice. However, the younger generation seems to be going about personal finances very differently than their elders. This begs the question, where are Millennials turning for financial advice?According to The Wall Street Journal, only 14% of Millennials seek the help of a financial planner compared to 40% of those in older generations....

Knowing When Your Business is Ready for Financing

When it comes to personal finance we all know that having as little debt as possible is a worthwhile goal. The same sentiment is true when starting a small business. However, there are times that you might actually be losing money by not seeking financing for your business. The trick is to identify which scenarios are worth taking on some debt in order to fix or take advantage of. A...

Presidential Election Cycle Impacts Business Prosperity

Back in early July 2015 Macy’s leadership denounced GOP presidential candidate Donald Trump for his remarks concerning illegal immigrants. Actions taken by the popular retailer were specific – sever its relationship with Trump immediately and completely. The response by many media outlets, political foes and others was as expected; applause for actions taken to penalize the billionaire real estate mogul. Mr. Trump, however, didn’t take the tongue lashing quietly. In...

How Millennials Are Helping Drive FinTech Adoption

Once upon a time, people actually needed to visit their local bank branches in order to take out money, make a deposit, or get a loan. As International Business Times notes, this meant that customers were often making their banking decisions based on how much they liked the people they interacted with and might even open a new account or take out a loan for that reason. While some may miss...

Financial Fallacies that Many of Us Make

If you're reading a personal finance blog, chances are you do your best to be conscious of the money you spend and make good financial decisions. However, many well-intentioned and frugal consumers can fall for a number of false beliefs or illogical mistakes that I like to call "financial fallacies." The first step in correcting these misguided notions is to identify them. Perhaps the most common fallacy is purchasing an item...

Should You Get a Credit Card for Your Small Business?

If you're starting a new business, you likely have many questions about the process. Among them might be how business credit cards work and if you should apply for one when you're first starting up. Not only are new business owners able to apply for business credit cards but having one can also be a useful asset. According to Money obtaining a credit card for your new small business can...

Economic Value of Presidential Election Campaigns: Wasted Money?

According to a recent report from NPR, it is estimated a staggering $4.4 billion will be spent on advertising campaigns during the 2016 presidential election cycle. Really? Yes, you heard or read me correctly – $4.4 billion! To quote GOP front runner Donald Trump, that is a HUGE number! This estimation, however, appears inaccurate since the Federal Election Commission reported more than $7 billion was expensed on advertising strategies during...

Preparing Your Finances for 2016

With the holidays upon us, it's always an interesting time of year for personal finance. For most of us getting gifts for all of our loved ones is usually what consumes our minds during this time of year. However, it's also the time you should start thinking about the new year and setting yourself up financially. At the top of the list is ensuring that you have health insurance. If...