Recent News:
Source: GreenPath Financial Wellness
Exploring ideas on how to manage expenses? Some simple guidelines can help on your journey to financial health. As outlined in the video attached, it is helpful to look at simple budgeting guidelines, to see if they will work for you and your household.
Source: GreenPath Financial Wellness
The cost of higher education is already high and it’s likely to continue to rise. Knowing the best ways to save for college and starting early can save you in the long run. One plan many families explore is the 529 savings plan — a tax-advantaged option designed to encourage saving for future college costs.
529 plans, legally known as “qualified tuition plans,” are usually sponsored by states or state agencies, and are authorized by Section 529 of the Internal Revenue Code.
Source: Consumer Financial Protection Bureau
This second COVID-19 Special Issue Brief describes trends in delinquency rates, payment assistance, credit access, and account balance measures with a focus on the period since the start of the COVID-19 pandemic (March 2020). Based on the credit outcomes analyzed, this report shows that through June 2020 consumers did not experience many of the negative credit consequences that might be expected during periods of high unemployment and large income shocks.
