FORT WAYNE, Ind. (WANE) An agency partially focused on educating consumers on financial matters is raising awareness about one of it’s latest initiatives aimed at helping veterans and their spouses. It’s a program leaders of the organization said many are unaware of.
The Consumer Financial Protection Bureau (CFPB) launched its Financial Coaching Program in May 2015, which included placing 60 certified financial coaches at various business and non-profits across the nation. Michael LeClear with CFPB joined NewsChannel 15’s First News Saturday to talk about the program and its connection to Fort Wayne.
LeClear is one of the few financial coaches around the country....
To protect all taxpayers, the scrutiny should be on spending, especially when increases set governments on a path for compounding spending later. Weve observed that every dollar lawmakers add to base spending multiplies itself — adding burden for successive years, and making government bigger and more expensive to maintain.
Our approach: restraint. More spending today leaves less flexibility for the future, one in which local governments, in particular, will need flexibility as they serve an aging population and tend to eroding public infrastructure.
We asked officials about cost drivers, including the impact of wage hikes for the countys 3,850 employees. Negotiated raises...
Photo: Pictures of Money, Flickr
Its generally useful to be literate in at least one spoken and written language. But thats not the only kind of literacy that matters. We need to be savvy about managing (and growing!) our money, too. Heres a financial literacy test that will help you figure out where you are on the road to financial success.
Answer the following questions without reading below them until youre done:
1. What is your net worth?
2. Is it more important to pay off high-interest rate debt or save for retirement first?
3. When should you start saving for retirement?
4. How much money will you need to have accumulated for retirement?
5. Do stocks,...
HONOLULU (HawaiiNewsNow) –
This months SmartMoney Monday topic is about buying a home, and Kui Meyer, a residential loan officer with Bank of Hawaii, answered these questions: If someone wants to build a tiny house, would you finance it even if their credit is less than perfect? Are the interest rates the same for buying a new home as it is for refinancing an existing home?
Copyright 2015 Hawaii News Now. All rights reserved.
After decades of study, public uproars and financial breakdowns, the US 301 toll road relief route now appears on track for a January construction start and opening as early as December 2018 – provided bids and borrowing costs meet forecasts.
The breakthrough, confirmed Monday by The News Journal, came with the approval of a key, $211.3 million loan from a federal program that assists regionally important transportation projects, enough to cover about a third of the overall $643 million plan. Construction costs alone are expected to total $471 million.
It would be the first new toll road opened in Delaware since the first leg of Del. 1 in 1993, with designs calling for four...
In a recently updated review of the most qualified companies on the internet for getting help with debt, Allstate Debt Consolidation gives top billing to National Debt Relief.
This press release was orginally distributed by ReleaseWire
Hackensack, NJ — (ReleaseWire) — 07/13/2015 — For a lot of people being slowly paralyzed by debt, borrowing more money to pay off current debt isnt an option. Because of their subpar credit, they cant qualify for a loan. So many unsuspecting consumers dont know what their other options may be. They feel a sense of desperation.
But there are other ways to consolidate debts without borrowing more money. One company offering...
*A home is likely one of the largest purchases you will make in your lifetime, and home ownership may help you build wealth if you own the home for the long term.
Whether you’re purchasing your first home, or an additional investment property, following are a few common mistakes to avoid that may help make the home buying and home ownership process a little smoother:
Paying more than you can afford
Save enough for a down payment and resist the temptation to go to the edge of affordability. The more money you are able to put toward your down payment, the more equity you will have in your home and the lower your mortgage payments will be. A meeting with your banker...
The Denton Community Market is looking for a little financial help from the city of Denton.
Market officials plan to speak before the City Council tonight and make their case for a request of $300,000 to help them relocate and rejuvenate the market.
The council meeting will be at 6:30 pm in the Council Chambers at City Hall, 215 E. McKinney St.
“We would be the right type of catalyst to help development, redevelopment and innovation in Denton,” said Vicki Oppenheim, a co-founder of the market.
A number of speakers will follow Oppenheim to make their case for the success of the market and its role in the community as a small business incubator, supporting...
Virginians managing the money of a loved one unable to make decisions can receive guidance from new materials developed by the federal Consumer Financial Protection Bureau.
The consumer finance watchdog agency on Monday launched the first of a series of state-specific financial caregiver guides that address duties and responsibilities when acting as someone’s guardian or trustee, rules regarding power of attorney and rules when managing someone else’s Social Security or veterans benefits.