Category:
Personal Finance

Digital Wallet

Money Going Mobile: Mobile Payments and the Virtual Wallet

By George Morris | May 3, 2017

I can’t remember the last time I paid a friend back in cash. That thought was an eye opener to me. I’m only 22 years old and I’m watching cash…

Man Punching Tax Debt Issues

What to do When You Can’t Pay Your Income Taxes: A 3-Step Plan

By Joey Johnston | March 15, 2017

It’s the least wonderful time of the year for millions of cash-strapped Americans thanks to three letters – I-R-S! Income tax returns are due April 18, but what if you…

Tax Refund Emergency Fund

Kick-Start Your Emergency Fund with Your Tax Return

By Joey Johnston | February 23, 2017

One morning, the sound of raindrops wakes you up and your first thought is “Not another rainy day! And your second one is, “I’m late for work!” You make a…

How Long Will Negative Mark Affect Credit Report

How Long do Negative Marks Stay on a Credit Report?

By Joey Johnston | February 10, 2017

Generally speaking, negative marks remain on your credit report for seven years, though Chapter 7 bankruptcy stays on for 10 years. The important thing to remember is that the impact…

Good vs Bad Credit: Learn the difference

Good Credit vs Bad Credit: How to Tell The Difference

By Joey Johnston | January 19, 2017

Kenny Rogers is a singer, not a debt management adviser, but if you want financial security, take his famous words of poker wisdom: You’ve got to know when to hold…

Maximum Social Security 2017

Social Security Increases Maximum Taxable Earnings for 2017

By Joey Johnston | January 11, 2017

The government just gave a raise to a lot of Americans who really need one. Now they just have to make sure Uncle Sam keeps his hands off the money.…

coins sprouting a plant savings concept

Retirement Account Changes in 2017

By Joey Johnston | December 21, 2016

After a year of political upheaval and economic uncertainty, it might come as a relief that 2017 holds few surprises for retirement savings. For the fourth year in a row,…

Student Credit Card

When to Give Your Kids a Debit Card

By Joey Johnston | December 6, 2016

More than one-third of college students say managing a bank account is a major cause of stress. Also, 12% say they never check their bank account balance because it makes…

Child Care Savings

How to Save Money on Childcare Costs

By Joey Johnston | November 30, 2016

Sara Greenwood works at a bank. Her husband travels frequently for his job. Their parents live in different states. The couple has two boys, ages 2 and 4. So how…

Prepaid Card Rules

New Rules for Prepaid Cards: CFPB Calls For Transparency

By Joey Johnston | November 2, 2016

The soaring popularity of prepaid cards will be put to the test over the next year as providers adjust to new regulations handed down by the Consumer Financial Protection Bureau…

Sources:

  1. The Pew Charitable Trusts (2016, May 26) Who uses Mobile Payments? Retrieved from http://www.pewtrusts.org/en/research-and-analysis/issue-briefs/2016/05/who-uses-mobile-payments
  2. VISA (2016) Buying Into Mobile. Retrieved from https://usa.visa.com/dam/VCOM/Visa%20Everywhere/infographics/Visa%20-%202020%20-%20buyingintomobile_infographic_web.jpg
  3. Baker, E. (2016, May) The Mobile Payments Report. Retrieved from https://www.businessinsider.com/intelligence/research-store
  4. Martin, James (2016, June 7) 7 Reasons Why Mobile Payments Still Aren’t Mainstream. Retrieved from http://www.cio.com/article/3080045/payment-processing/7-reasons-mobile-payments-still-arent-mainstream.html
  5. Brown, Mike (2017, April 21) Best Mobile Payment Apps – Survey & Report. Retrieved from https://lendedu.com/blog/best-mobile-payment-apps