Americans are notorious for being terrible savers. More than one-fifth of all United States adults have absolutely nothing stored away for retirement. Nearly four-fifths of all Americans are seriously worried that they will run out of savings before they pass away. Retirees, however, don’t actually need that much money saved up prior to leaving their jobs, kicking back, and relaxing. Most […]
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How Workplace Financial Wellness Programs Can Help
The 2018 PricewaterhouseCoopers (PwC) Employee Financial Wellness Survey found that 54% of employees are stressed about their finances. According to a Country Financial Security Index survey, 67% of Americans worry about their financial future, credit card debt last year hit a record high, and 44% of people can’t come up with $450 to cover an […]
Continue ReadingHow to Manage Your Finances During a Furlough
A furlough is an action of placing an employee in a temporary nonduty and nonpaid status because of lack of work or lack of funds. There are two main types of federal government furloughs — a “shutdown” furlough and a “save money” furlough. We are currently experiencing a partial government shutdown furlough, and it’s hitting […]
Continue ReadingHow To Decompress From Holiday Financial Stress
The holidays can be one of the most stressful times of the year. Dealing with problematic relatives, travel, and planning can all cause a lot of anxiety that catches us off guard each and every year. One of the biggest contributors to the tension during the holidays is budgeting and financial stress. What are a […]
Continue ReadingShould Your Teenager Have A Credit Card?
According to TransUnion, 20 percent of people who are between the ages of 13 and 18 have a credit card. However, many parents are still reluctant to give their teen a credit card. There are negatives that come along with it. For example, teens who do not use their credit cards responsibly can potentially ruin their credit […]
Continue ReadingAdvantage CCS Teams Up with CardRates.com to Talk About Free Consumer Credit Counseling
Our very own Heather Murray, Manager of Regulatory Compliance and Education, recently spoke with Ashley Dull who is the Editor-in-Chief at www.CardRates.com about our holistic approach to tackling credit card debt and what our free consumer credit counseling can do to help people who are struggling with unsecured debt such as credit cards and medical […]
Continue Reading7 Helpful Lessons Learned From A Lemonade Stand
Just about every person in the country either owned a little lemonade stand with their friends when they were a kid or they knew someone else who owned one. What those people didn’t know was that they were learning valuable financial lessons that would help them later on in life and business. The following are […]
Continue Reading15 Books to Read this Summer about Money and Debt
Regardless of how one feels about money, it is hard to argue against its influence on people’s lives. This is never more true than with those struggling with finances and debt. There is no shortage of advice on managing money and it can be overwhelming at times, but some financial books have managed to rise […]
Continue Reading12 Things You Wish Your Parents Told You About Money
Managing your finances properly can be a tricky business, especially if a person is fresh out of high school or college. He or she might have a new job and a checking account. They might think they are ready to take on the world, but that new income might suffer as a result of improper […]
Continue ReadingWhen Should You Start Collecting Social Security Benefits
Collecting Social Security Benefits For Retirees – The age at which an individual should begin collecting Social Security depends on his or her unique circumstances. The longer an individual can delay collecting, the higher the monthly benefit amount will be. Ultimately, the total amount collected will probably be about the same. Those who start collecting […]
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