Don’t Fall for Credit Repair Scams
Last night on NBC 5 Investigates they showed us “The Gospel Truth about Credit Repair.” So what's the gospel have to do with credit repair? Apparently a minister’s credit repair business allegedly scammed consumers out of their hard earned money. Click here to see how...
New IRS Change to Health Care FSA
Flexible spending accounts (FSA) are a great way to save money on taxes. They allow you to use pretax dollars for ‘qualified’ health care and/or daycare expenses. However, the downside to these accounts is the “use-it-or-lose-it” rule. Use-or-Lose Rule For those...
Money Smart Kid’s Jar System
When it comes to money management having a system helps. Last month, I attended a financial event where Mario Gage (the first Money Smart Week Kid) shared the “three-jar system” his parents taught him. Here’s how it works. For every dollar he receives, it’s divided...
Can You Really Get a Full Ride to College Anymore?
A full ride to college sounds like a dream come true. You wouldn’t have to worry about tuition, books, and room and board. Or would you? According to a MarketWatch article - “The end of the full college scholarship?”— the definition of a full ride scholarship may be a...
Attention Illinois Students and Educators: Scholarships Available
The Illinois Jump$tart Coalition (ILJC) has scholarships available for educators and students. The Mission of the Illinois Jump$tart Coalition for Personal Financial Literacy is to be a catalyst for enhancing the financial capability of young people through advocacy,...
Don’t Be Afraid to Spend Your Money – Enjoy Life!
It’s a balancing act! Spend less than you earn. Plan for tomorrow. What about today? You have to enjoy the now too. The truth is some of us have become such heavy savers that we forget to live a little. Don’t be so frugal that you put your desires on the backburner...
Floyd Mayweather Stashes 123 Million in a Single Bank Account
Floyd Mayweather is one of the most business savvy athletes in the world of sports. Forbes listed Mayweather as the “World’s Highest Paid Athlete” earning $85 million. That’s why they call him “Money.” According to ESPN writer Tim Keown’s feature article, Mr. Money...
What is Student Loan Default? Why You Should Care…
Make no mistake about it - What you don’t know can hurt you! Every year millions of college students take out student loans to fund their college education. In fact, the average college graduate owes nearly $27,000 in student loan debt. But do we really understand...
A New Way to Save Money on Hotels
Most people look online for low priced hotels. There are so many travel websites out there—it can make you dizzy! Still savvy people are out there online scouring the Web to find rock bottom prices. I don’t know about you, but for me gone are the days of just showing...
Lindsay Lohan on Money – “I wasted so much…”
Oprah’s Next Chapter with Lindsay Lohan shed light on the struggles of the famous child star. It was a great interview! Lindsay was very open and candid about her life. And Oprah asked the questions that people really wanted to know. We always hear about the...
