While markets have boomed over the past 10 years, a recent study by PricewaterhouseCoopers shows that Millennials and Gen Z-ers have been experiencing considerable financial strain. This includes significant decreases in household income as well as difficulties paying for household…
Why payday loans are dangerous
It’s tough to find yourself in a situation where you need money immediately, but you’re not alone. In fact, 42% of millennials have used methods like payday loans as a way of dealing with debt, according to a study by the Global Financial Literacy Excellence Center at George Washington…
What you need to know about payday loans
Payday loans are unsecured personal loans that are typically repaid on your next payday. They can be a tempting option to quickly get the cash you need, but more often than not, their hidden fees and high rates can leave you trapped in debt…
Why saving money is important
You’ve probably heard that you should be saving money each month. It’s one of those things that’s just supposed to be good for you, like eating broccoli or flossing before you go to bed. But why is it important to save money? And even if you plan to start putting away cash someday,...