This week, I wrote the 100th issue of my newsletter Helpful Money Tips for You. To celebrate, instead of offering my usual 10 tips, I offered 100. To sign up to get my free newsletter, go to http://eepurl.com/gkZ6JH. You'll get it in your email.
Spring is here, and it’s a great time to get your home and your finances in order. Here are some tips from the Consumer Financial Protection Bureau to help you get started on spring cleaning your finances:
Like many people during covid-19 times, you may have seen your income drop. Taking a look at what you’re getting and what you’re spending, can help you make changes to help you through the tough times. Reviewing your expenses and income can help you identify expenses you may be able to cut.
On Saturday, I received a call from a friend to remind that nine glowing monoliths would be displayed in a local park after dark. She thought I might want to go and take photos. Glowhenge is an art project created by Dave Sederberg owner of Pacific Stage.
Fraudsters were busy in 2020. The Federal Trade Commission received more than 2.2 million complaints about fraud, with people reporting they lost nearly $3.3 billion. The top fraud of 2020 was imposter scams.
State insurance regulators on the National Association of Insurance Commissioners’ Life Insurance and Annuities Committee should reject a proposed industry friendly, anti-consumer annuity model regulation. They should create a true “best interest” standard of care.
Corporations keep breaking the law, and the Department of Justice keeps refusing to prosecute them, a report finds. The DOJ’s refusal to bring criminal prosecutions against big banks, big pharma, and other big businesses has led to a failure to deter repeat offenders.
CFPB and seven states launch ‘innovation network’ that will approve new risky financial products and protect them from enforcement
The CFPB announced Tuesday that, working with seven state regulators, it launched the American Consumer Financial Innovation Network or ACFIN, a network that it said would "enhance coordination among federal and state regulators to facilitate financial innovation."
Broker in pension scam, who settles with CFPB and Arkansas, unable to pay most of repayment to consumers
The Consumer Financial Protection Bureau and the Arkansas Attorney General’s Office filed a proposed settlement Wednesday with a securities broker for allegedly misrepresenting high-interest loans to veterans and other consumers in exchange for future rights to their pensions.
It’s never too early to start saving for retirement. Compound interest will help your savings grow over the years, so the earlier you start saving, the better. Almost half of Americans approaching retirement have nothing saved in a 401(k) or other individual account.