FDIC: Tips for Teaching Young People about Money
Parents and caregivers don’t have to be financial experts to teach young people to be responsible with money. The latest FDIC Consumer News features tips to help children from pre-kindergarten through college learn how to be smart about their finances. The Spring 2015 edition also includes a checklist of computer security tips for bank customers, an article…
ABA: Rent or Buy – 5 Questions Consumers Should Ask Themselves
WASHINGTON —During American Housing Month in June, the American Bankers Association Foundation is reminding consumers that their local banker can help navigate challenges associated with choosing a home, including deciding what is affordable and whether to rent or buy. “Housing markets vary across the country. Your local banker can help you navigate housing options in…
CFPB: Financial Well-Being Initiative Targeted to People with Disabilities Launched
ROADS to Financial Independence Initiative Will Pilot in Six Communities Nationwide WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) is announcing the launch of the Reach Outcomes. Achieve Dreams. Succeed. (ROADS) to Financial Independence initiative, which is aimed at improving the financial well-being and economic security of individuals with disabilities. The initiative, which is piloting with…
ABA: Celebrating Housing Choices, American Housing Month
WASHINGTON — The American Bankers Association and bankers across the country are celebrating American Housing Month throughout June. In the coming month, ABA will provide consumers with information on how to gauge whether the time is right to buy a home, what they need to know to select a reputable lender, how to obtain the…
Federal Reserve: Report on the Economic Well-Being of U.S. Households
The Federal Reserve Board’s latest survey of the financial and economic conditions of American households released Wednesday finds that individuals’ overall perceptions of financial well-being improved modestly between 2013 and 2014 but their optimism about future financial prospects increased significantly. The 2014 Survey of Household Economics and Decisionmaking, provides new insight into Americans’ economic security, housing and…
ABA: 6 Financial Traps New College Graduates Should Avoid
WASHINGTON — As college students across the nation graduate and start their careers, financial responsibility should be a top priority, says the American Bankers Association. The organization has identified six traps that could hinder new college graduates from securing their financial future. “College graduates can make their future even brighter with an early focus on…