Do you know someone who resists or refuses to do any online banking? Maybe they are uncomfortable with or lack confidence navigating the online technology itself, or perhaps security is a factor. There is a tool that includes a series of short 1-3 minute videos that help guide people (of any age) through basic steps to manage online finances with a bank or similar online accounts.
Getting married is an exciting time. It can also be challenging as you navigate financial discussions with your spouse or spouse-to-be. This checklist is intended to help guide your financial discussions and help you outline your personal to-do list.
We believe the 2008 financial crisis was caused by too much leverage, specifically in the financial sector. The average total debt held by S&P Financials was approximately six times their equity. In the US today, banks have done their part in deleveraging and this ratio is now approximately one for one. The Federal Reserve’s response to the crisis was to lower rates to essentially zero to encourage spending and borrowing to stimulate the economy. Both businesses and the government seem to have quickly seized the opportunities created by cheap debt.