According to a study conducted by Moody's Analytics, those under 35 are not saving their money. As a matter-of-fact, the savings rate for people under 35 has declined to negative 2%, this means that millennials' expenses exceed what they earn. Not surprisingly, millennials are the only age group that has a negative savings [...]

As many of us know, Americans love to spend money. The question that should be asked is where do you find yourself spending the most money? Is it buying tickets to sports/entertainment events like Miami Heat games? Is it buying music, books, or even tickets to the movies? Better yet, is it waiting [...]

Although residents in Hialeah and in Miami-Dade County are rejoicing at the end of the recession, there is an even larger crisis that can cause yet another economic plight. The United States and cities like Miami and Hialeah are facing a financial education crisis; it is increasingly difficult for us to understand the [...]

For many of us, the time has come for us to assist our parents with some day to day activities to help them lead more full and rich lives. One of the most common ways that we are asked to help is with managing their finances. Sometimes, they may come out and directly request the help [...]

"Despite an improving economy, nearly 90% of Americans surveyed by the American Psychological Association said the level of stress they are feeling about money has either remained the same or gotten worse in the last year, according to the group's annual Stress in America report." Almost 75% of the people surveyed by the American Psychological Association said [...]

We all know that our credit score is very important in the United States. One of the main concerns after filing for bankruptcy is reestablishing good credit again and improving your credit score. After years of failed payments and negative reports, your credit rating is at a less than stellar number than before. [...]

"In Miami-Dade, nearly 60 percent of families don't have the liquid assets – in bank, investment or retirement accounts – to sustain a financial emergency. In Broward, nearly 45 percent are liquid-asset poor, and in Palm Beach, it's nearly 39 percent, according to Family Assets Count, a project of the nonprofit Corporation for Enterprise Development." Daily, hundreds [...]