Money Management Archives |

Financial Foundation

Early career workers need to set up a financial foundation.  This will assist them on the path to financial security.  Like retirement, the idea is to start early and maintain throughout their careers. Currently 56% of workers early in their careers do not have 3 to 6...

Women’s Financial Well Being

I was surprised to find in this day and age that yes, women are still paid less than men, although the gap has narrowed over time. In 2024, women working full-time, year-round earned about 81 to 85 cents for every dollar men earned, a figure that can be even lower for...

Financially Fragile

ADP was sharing that many workers are financially fragile. 27% of workers do not have any emergency savings.  Over time the question was asked if your furnace broke down would you be able to replace it.  The question now is a hot water heater.  People don’t have the...

Money

I know it is truly surprising that workers are stressed about money.  The costs of existing in Illinois are constantly increasing.  I personally am thrilled that my property taxes went up 30% with no increase in services or any other benefit that a money grab out of...

Assumable Mortgages

Assumable mortgages are apparently making a comeback amid high mortgage rates. They allow a home buyer to take over the seller’s mortgage, including its interest rate and remaining balance. Roughly 25% of mortgages in the U.S. are assumable. They gained popularity in...

Scammers and Check Fraud

If you ever watched a movie or tv show you are aware of some common methods a scammer might use to commit fraud with a stolen check: Altering information on a check: A scammer may use common household chemicals to change the printed dollar amount and payee name on a...

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