Student loan borrowers are facing a tough time. In August, the Education Department turned down over 300, 000 requests for new repayment plans. This leaves many stuck with higher monthly payments or growing interest. It's a big issue because over 42 million Americans have student loans, totaling mor
Binance Junior, a new savings app for kids, has sparked debate. It's designed to be safe, with no trading options and parental controls. But the real concern isn't about the app's safety. It's about the messages it sends to young minds. Kids today already understand digital value. They trade skins
In many states, high school students must now take a class on money management to graduate. This class covers important topics like saving, credit, debt, budgeting, and spotting scams. Ohio is one of these states, and the rule started for students who began ninth grade in 2022. Across the country,
Binance has introduced a new app called Binance Junior. It is designed for kids aged 6 to 17. Parents can use it to teach their children about cryptocurrency. The app is linked to the parent's main Binance account. This allows adults to control how much money their kids can spend or transfer. The a
America's financial literacy is lacking, and the system isn't helping. Many people struggle with retirement planning, home buying, and other big money decisions. The shift from pensions to 401(k) plans has made things more complicated. Harvard's John Campbell and Imperial College London's Tarun Rama
The money game is not fair. It's like a rigged contest where the rich get richer, and the poor get poorer. This is not a new idea, but it's worth talking about. The system is set up in a way that benefits those who already have money. It's like a secret club where only certain people know the rules.
Two brothers, Derek and Dominik Zirkle, initially found their high school financial literacy class dull. The course, taught by Theory Federal Credit Union, covered basic financial skills like managing accounts and understanding interest. At first, the twins weren't impressed. Their teacher had to ad
In a world where many families struggle to find stability, one initiative is making a difference by connecting people to the resources they need. Impact Community Supports is a non-profit organization that helps families and young people access support services, job training, and financial literacy
Money is a tricky subject. It's more awkward to discuss than religion, politics, or even weight. Why is that? Well, people often feel ashamed about their financial situation. They might have too much debt, a low salary, or not enough savings. But keeping these secrets can hurt relationships and fina
Financial stress is a big deal for many caregivers. They often have to manage money for both themselves and the person they care for. To tackle this issue, a new online program called "Managing Money: A Caregiver's Guide to Finances" was created. This program is designed to help caregivers understan
