Financial Literacy


National my Social Security Week!

Whether retirement seems like it is just around the corner or years away, it is good to know that Social Security is working for you now — even if you are not receiving benefits yet.

Overdraft Fees Drain Dollars Available to Consumers

as the use of debit cards have replaced most cash purchases, the "service" of overdraft protection has become a drain of available cash for consumers and a major source of revenue for banks.

The Lessons of My Father's Estate Plan

In my last article I shared about the lessons learned from the passing of my mother last month. My father read it and asked if I was going to write about what I learned in working with him. I thought ...

In 4 Years, CFPB Returns $4.6B to 15M Consumers, Yet Public Debate Continues

In celebrating the anniversary, the Consumer Financial Protection Bureau announced that $4.6 billion has been returned to 15 million consumers, yet the 113th Congress has continued to propose a series of bills all designed to dilute the bureau's power and ...

Payday Lender ACE Cash Express Fined $10M

For the second time in as many years, the Consumer Financial Protection Bureau has fined a major payday lender.

Lessons from My Mother's Estate

This month my mother passed away. It was a painful experience, but with most mom experiences, there were lessons that have reinforced my estate planning work.

Beware of Prepaid Card Scams

Con artists are using the popularity of prepaid cards to prey on unsuspecting victims.

Defense Department Seeks Tougher Laws against Predatory Lending

When it comes to payday and other small-dollar, high-cost loans, many envision urban areas plastered with signage and neon lights — often in communities of color. And while those images are all too true, predatory lenders have another favored target: ...

Business Success Planning

As we know, we will not live forever and we may not want or be able to work in the company that we have built forever. We must create the success plan that is able to satisfactorily determine where we ...

CFPB is Model of Fairness

If there was one key lesson from the recession, it is that financial services need effective regulation.

Time to End Predatory Career College Loans

Are you tired of complaining to family and friends about things you feel powerless to change? Or, as college costs continue to climb and student loan debts increase, do you or someone you know feel helpless that your opinion could ...

Don’t Fall Prey to Affinity Fraud

The D.C. Department of Insurance, Securities and Banking has received complaints from District residents regarding affinity fraud, an increasingly common type of scam.

Student Loans Vary in Type, Terms and Costs

With college costs rising faster than most family incomes, schools are often compared to the level of financial aid each offers. How much assistance and how long it is available can be the final deciding factor for families.

More Than $90M Lost to Foreclosure Rescue Scams

Earlier this month Michigan Attorney General Bill Schuette charged an organization known as Freedom by Faith Ministries with defrauding more than 100 consumers in Southeast Michigan. The alleged crime: foreclosure rescue scams.

Renovating? Laying a Good Foundation for Home Improvement Success

You can build your foundation by accomplishing these important tasks.