Feb 1, 2023 | Financial Literacy
Important things to know about Savings Accounts A savings account may sound relatively simple. But there is more to it than meets the eye. Savings accounts can be an excellent tool for investing in your future or simply for saving up for a specific purpose or...
Feb 1, 2023 | Financial Literacy, News
Recent Study Finds Illinois Rate Cap Reduced Access to Credit A recent study found that the 36 percent interest rate cap on consumer loans imposed by the 2021 Illinois Predatory Loan Prevention Act (PLPA) decreased the availability of small-dollar credit and worsened...
Jan 30, 2023 | Financial Literacy, News
Majority of Adults in U.S. Unable to Afford $1,000 Emergency Expense A recent Bankrate report found that 57 percent of U.S. adults could not afford a $1,000 emergency expense. When asked how they would pay for an emergency expense, only 43 percent said they would use...
Jan 25, 2023 | Financial Literacy
Important things to know on Mindful Living As our lives become busier and busier, many of us experience higher levels of stress. Large stressors like a new job, a family emergency, or health issues can be major triggers of stress but day-to-day life concerns can...
Jan 18, 2023 | Financial Literacy
Important things to know about Budgeting for Families Does your household have a budget? Does the notion of having to develop a household budget intimidate you? It turns out that less than half of households use a budget to control their finances. A household budget...
Jan 16, 2023 | Financial Literacy, News
More Consumers Rolling Over Credit Card Debt from Month-to-Month A new Bankrate report released last week found that the number of adults carrying credit card debt from month to month jumped six points from last year to 35 percent. It also found that roughly 46...
