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To Bank or Not to Bank (We Have Questions) Part 1
North Philadelphia, Born and Raised… The term unbanked is described informally by the FDIC (Federal Deposit Insurance Corporation) as individuals who do not use banks or banking institutions in any capacity. They generally pay for things in cash, by money orders, or prepaid debit cards. Being underbanked means an individual may have a bank account […]
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How to Avoid Getting Scammed on Peer-to-Peer Apps
The days of cash may be over. More often, friends are splitting the restaurant tab by sending money via PayPal and parents are Venmoing babysitters their earnings after a night out. The use of peer-to-peer apps like Venmo, Zelle, and PayPal is booming. One forecast predicts that we’ll spend more than $1 trillion with them […]
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Are You Unbanked? Here is What to do About it.
Most Americans have access to a bank account, directly depositing their paychecks each month and digitally paying their bills from it. But not every adult has that advantage. According to the Federal Deposit Insurance Corporation report, or FDIC, about 7.1 million U.S. households are unbanked. These are individuals with no access to a checking or […]
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Managing Finances For A Loved One With Dementia
Once we hit age 71, our risk for Alzheimer’s disease and other dementias goes up. Research shows that nearly 14% of those aged 71 and up have dementia and nearly 10% have been diagnosed with Alzheimer’s disease. The risk of both dementia and Alzheimer’s disease only increases with age. Financial woes, of course, don’t begin […]
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The Power of Influencers
As a former photographer, I like to think I can spot digital manipulation from a mile away. I’ve used Photoshop and GIMP for years to edit photos for clients. I have spent thousands of hours using those apps to train my eye without me being completely aware. There’s a brand of lipstick I really like […]
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The Importance of the Decision-Making Process
Decisions, decisions, decisions Every day we make dozens of important decisions. COVID-19, the subsequent lockdown, working from home, and schools being closed/open/closed/open, have worn us down. We just want to tick items off our list to stop the agitation. We’re all tired! Decision fatigue refers to the deteriorating quality of decisions made by an individual […]
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What You Need to Know About Romance Scams
Romance scams are on the rise; here’s how to avoid them As we all sat at home, often isolated, alone and worried about the future in 2020, con artists took advantage. And while many of us are familiar with the scams that try to steal our identity, another kind is growing at an alarming rate […]
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How to Get Your Credit Card Debt Under Control During COVID
Racked up credit card debt during COVID? Here’s what to do now If your credit card debt grew out of control during the pandemic, you’re hardly alone. Some 51% of U.S. adults with credit card debt added to it during COVID, according to a new survey from CredtCards.com. And nearly half of those people blame […]
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How to Protect Ourselves from Scams Part 2
This is part two of my previous blog on how to protect ourselves from scams. As we anticipate another stimulus package we want to be as proactive as possible in protecting our finances. One of the best ways to protect ourselves is to just be aware of what’s going on around us. PAC Man One […]
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How to Protect Ourselves from Scams Part 1
A City Called Nub As a devotee of all things true crime for about twenty-five years, it’s hard for something to shock me. Enter Nub City, aka Vernon, Florida, in the Texas panhandle. Vernon had two-thirds of the entire nation’s accidental dismemberment insurance payouts. Almost all of the residents of Vernon had taken out insurance […]