Thought Bubble
With rising rents and student loan debt through the roof, saving money can be challenging for many Americans. However, a new survey from CK client, TD Bank found that nearly half of Americans described themselves as “good savers” and many are feeling confident in their ability to save for the future.
Want to know which generation feels the most confident when it comes to savings? That’s right, Gen Y! As a millennial that graduated a few years ago and is trying to survive in New York City where the average cup of coffee costs $6.14, it’s encouraging to see that so many millennials are making savings a priority.
An organization called Moneythink is looking to change the lack of financial literacy education in high schools and colleges. Rather than providing a program for teachers to implement in their classrooms, Moneythink trains college volunteers to serve as near-peer role models, college mentors, and financial coaches for local teens.
To learn more about this program, we caught up with Gabriel Denham, Co-founder and Director of Partnership at the newly established chapter of Moneythink here in New York City at Columbia University.
According to the President’s Advisory Council on Financial Capability, technology innovations are highlighted as one of many successes in financial education. This shouldn’t come as a surprise. Within the past five years alone, technology has made it faster and more convenient to access real-time, actionable financial information from our individual bank accounts.
Social media is likely costing you money. Don’t believe me?
Have you ever found yourself purchasing an item or booking a trip, and then boasting of your recent purchases across your social media channels? Have you ever bought something from a brand that you follow online? Here are four ways that social media can help you find financial success
In the spirit of celebrating Financial Literacy Month at CooperKatz (#CKFinLit), I began reflecting on the financial advice that’s made a difference in my life.
I know, I know…how boring, right? What can I add to the millions of words already dedicated to this topic?
Yet, the feeling “I wish I’d know this earlier” (or, “I wish I’d listened...”) is very real when it comes to finances. That’s because all the talking heads or HuffPo articles in the world won’t change a simple fact: people don’t generally like to talk about money, at least not in ways that matter.