The Pennsylvania Housing Finance Agency’s “Building Your Financial House” (BYFH) is a comprehensive financial education dedicated to help participants build a strong financial foundation and a brighter future! Think financial education is boring and just about budgeting? The program uses simple language, real life examples, tools for practicing financial skills, and FUN to [...]
Life can be unpredictable and challenging at times, and missing a car payment might seem tempting as a temporary solution. GreenPath’s financial experts often talk to people on this bumpy road. During the call, counselors emphasize the importance of staying on track with car payments. Making regular, on-time car payments [...]
"If the current annual inflation rate is 3 percent, why do my bills seem like they're 10 percent higher than last year?"1 Many of us ask ourselves that question, and it illustrates the importance of understanding how inflation is reported and how it can affect investments. What [...]
If your family relies on your income, it's critical to consider having enough life insurance to provide for them after you pass away. But too often, life insurance is an overlooked aspect of personal finances. In fact, according to a 2023 study conducted by Life Happens and LIMRA, which closely follows life insurance [...]
If you have yet to develop a retirement plan for your business, or if you're not sure the plan you've chosen is the right one, here are some things to consider. How much can my business afford to contribute? The cost of contributions may be managed [...]
In today's digital age, where virtually every aspect of our lives is interconnected online, the threat of phishing scams has become increasingly prevalent. Phishing scams are a form of cyberattack that aims to deceive individuals into revealing sensitive information, such as passwords, credit card numbers, and personal identification details. This article delves into the [...]
After a historical hiatus throughout the pandemic, borrowers now face federal student loan repayment. Evaluating your full financial picture and making a repayment plan goes a long way towards reducing stress and uncertainty. Unsure where to start? Read on! […]
Here are some things to consider as you weigh potential tax moves before the end of the year. Set Aside Time to Plan Effective planning requires that you have a good understanding of your current tax situation, as well as a reasonable estimate of how your circumstances might change next year. There's a real opportunity [...]
With the prices for gas, oil, and electricity continuing to soar across the country, consumers are facing another winter of high heating bills. According to the National Energy Assistance Directors' Association, the average cost of home heating is estimated to increase by 17.2% this season.1 Here are some tips to help you keep your heating [...]
The U.S. stock market had a banner year in 2021, with the S&P 500 index up almost 27%. Unfortunately, stocks turned downward on the second trading day of 2022 and kept sliding into a bear market.1 Stocks in the S&P 500 are classified by 11 different business sectors, each of which responds differently to economic [...]
