personal finance

A major financial newsletter recently reported that “a majority of American workers can’t afford a $500 emergency expense and 76% of employees don’t have enough savings to cover one month of their expenses.”

A financial roadmap is one of the most important parts of a successful financial future, and retirement should be a component of this. Being deliberate about creating the right financial roadmap for your family starts with asking yourself what YOU are saving for.

A question-and-answer session with Phil Mustone, Financial Education Manager at Cambridge Savings Bank.

Nearly half of U.S. consumers think that their finances will be better off in the next year, as nearly a third saw improvements in their spending habits and savings, according to a new survey from Chase.

We have to become more financially literate. Seriously, not to be dramatic, but our financial future as well as Uncle Sam’s position in the international economic pecking order really do depend on it.

Understanding and managing your personal information is essential to achieving your life goals such as owning a home, financing an education, getting your next job or simply having the convenience of credit cards for everyday purchases.

Across the country, advertising — particularly on urban radio — tempts listeners with easy ways to get a loan against anticipated tax refunds. But just like other predatory lending products, what is advertised is not quite what consumers receive. Convenient tax-related loans almost always come with a price that takes a big bite out of consumers’ money.