Money Management Archives |

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...

Check and Mail Fraud

What you can do to protect yourself from mail theft and check fraud. There are steps you can take to help reduce your risk of getting taken advantage of by someone engaging in a mail theft-related check fraud scheme. Here are some tips to keep in mind to help protect...

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