Financial Fundamentals Blog

Be Aware of Wire Transfer Fraud in Real Estate Transactions

  • Francesca Sacco
While the internet has become a staple in most people’s daily functions, it has provided another outlet for fraudsters. Over the last several years, wire transfer fraud has been on the rise, with billions of dollars lost. The internet makes wire transfer fraud easier to commit and harder to track.

Learn what you can do to protect yourself from money transfer schemes in the digital age.
 

Tips for Recent College Grads to Avoid Common Financial Pitfalls

  • Francesca Sacco
Congratulations! Your hard work has paid off. Diploma in hand, you’re ready to tackle the next phrase of your life.

But the joy of graduating from college can quickly fade once graduates begin to grasp their new-found responsibilities, especially when it comes to their financial future. Navigating rent, a car payment, insurance, cable and groceries can be overwhelming. Throw student loan payments and other financial burdens into the mix, and it can be downright frightening.

The worst thing recent grads can do is to start using credit cards to help them maintain their lifestyle. The average college grad owes $4,100 on credit cards at the time of graduation. Not including student loans. Roughly 69% of graduates took out student loans and owe an average of $29,800 in federal and private debt.
 

How to budget for a wedding

  • Beth Ann Tabak
The holiday season is one of the most popular times of the year to get engaged. In fact, 40 percent of proposals happen between Thanksgiving and New Year’s Day. If you’re one of those lucky couples, you’re probably asking yourself, “how do we pay for all of this?” Don’t worry. We’ve got you covered with a few tips on how to create a wedding budget that won’t break the bank.

Protect yourself from financial aid scams

  • Beth Ann Tabak
With the recent release of the 2019-2020 Free Application for Federal Student Aid (FAFSA), millions of students and their parents are starting the search for next year’s college financial aid, making them susceptible to scammers. Navigating the world of college financial aid is not an easy task. Making it even more difficult are those out there willing to take advantage of you.
 
 

A quick guide on how to pay for college

  • Beth Ann Tabak
It’s no secret that higher education comes with a hefty price tag. The College Board reported that the average annual cost of a public four-year college for in-state students is $9,410 while out-of-state students face $23,980. Those attending a private four-year college are looking at an average annual cost of $32,410. Just reading these numbers can be overwhelming, let alone figuring out how to pay for them.
 
The good news is that for many students college is not an out-of-pocket expense because of the many available avenues of financial aid. Here’s a few ways to figure out how to pay for college without going broke.  
 

Be ready: September is National Preparedness Month

  • Beth Ann Tabak
National Preparedness Month is four weeks designed to ready you for an emergency. And, it seems that both local and national weather is cooperating to remind you of what’s at stake if you don’t have a plan in place. Advanced planning can save you valuable time and money. From the financial to the practical, here are a few ways to make sure you are ready in an emergency.

Save money on back-to-school shopping

  • Beth Ann Tabak
How to take savings beyond the sales

Four tips to financially surviving a layoff

  • Beth Ann Tabak
How to keep it together during job loss

Four financial tips for new college grads

  • Beth Ann Tabak
Handle your new financial reality like a pro

Four tips to handling financial stress

  • Beth Ann Tabak
We all have stress in our lives, but sometimes nothing can match the stress we feel from our financial lives. Here are four helpful tips from KOFE (Knowledge of Financial Education) for handling financial stress.

Creating a student budget

  • Beth Ann Tabak
There’s a lot to think about during your first several weeks of starting college, and one that can go by the wayside is crafting a budget to maintain your financial success. Check out some tips from KOFE (Knowledge of Financial Education) on how to make a budget and avoid falling into credit card debt.

Preparing for a disaster

  • Beth Ann Tabak
September is Disaster Preparedness Month, and with the devastation caused by Hurricanes Harvey and Irma in 2017, you should consider creating your own plan for when a natural disaster or emergency strikes your region.