Many people in the USA have the concept that money is the key to salvation and possibly living the American Dream. In many instances different races who have migrated to the USA have epitomized the previous concept. Yet, when it comes to the African American, money does not have the same effect. African Americans have money, plenty of it when it comes to purchasing power. Why … [Read more...] about Money and ‘The Dream’
Money
How not to break the bank this holiday season
The holidays are almost here. Get ready for festive parties, family gatherings, and...financial stress? Hold up, let's scratch that last one. The holidays should be a time for celebration, not financial frustration, yet why do so many people find themselves worrying about their bank accounts this time of year? With the amount of commercialism we're bombarded with around the … [Read more...] about How not to break the bank this holiday season
Trim your wedding costs
Practical Money Skills for Life By Jason Alderman Director of Visa’s financial education programs Weddings have always been big business, but I was shocked to see how expensive they've become in the 17 years since my wife and I got married. According to the annual Real Weddings Study, the average wedding in the U.S. now costs $28,427, and that doesn't even count the … [Read more...] about Trim your wedding costs
Many Americans skipping meds to save money, CDC says
Lack of insurance coverage was key factor in patients cutting back on drugs they need Cash-strapped Americans often skip doses of pricey prescription drugs or take less than was prescribed by their doctor, new research shows. Not surprising, a lack of insurance coverage was a key factor in whether patients went without needed meds, according to a recent report released by the … [Read more...] about Many Americans skipping meds to save money, CDC says
How financially literate are you?
Practical Money Skills for Life By Jason Alderman Director of Visa’s financial education programs I'm not sure whether it was intentional or merely a coincidence that several years ago Congress proclaimed April to be Financial Literacy Month. April is also the month when millions of Americans grimly write a check to the IRS and resolve to do a better job managing their … [Read more...] about How financially literate are you?
When retiring together doesn’t make sense
By Jason Alderman Back when people from my parents' generation were first planning their lives together, most married couples looked forward to working hard for a few decades, buying a house, raising a family and then retiring together while they still had enough money and energy to travel and pursue favorite hobbies. Some couples do manage to pull this off and thrive; … [Read more...] about When retiring together doesn’t make sense