Yesterday, the Pew Charitable Trust released the results of a survey that found a majority of Americans are not prepared for financial emergencies and expressed worry about their financial situation.
It can be hard to put aside money for savings, but one method to make saving easier is to always put away "found" money. That is, any unexpected income that comes your way should go directly into savings and not spending. No matter how big or small the windfall, automatically saving money from tax refunds, for example, can help to start building wealth.
Good savings habits start at home. Whether you’re budgeting, saving, making retirement decisions, or assessing work-place benefits, share the choices you make with your children no matter what age they are.
Reducing debt is one of the most empowering ways to take charge of your finances. Making a plan for debt will free you from the cycle of paying only the minimum balance each month or paying one credit card with another
America Saves Week is an annual opportunity to assess where you stand with your savings. Throughout #ASW15, the Commerce Sense blog will help you find ways to kick start your savings.
The world is changing. Paperless processing is becoming the norm in many industries and technology is evolving more quickly than most of us can keep up with. We move faster, we work faster; we even process information faster. The Minnesota Department of Commerce Unclaimed Property Division is no exception.
Online banking is easy to use and convenient, but it comes with certain security risks. The Minnesota Department of Commerce urges consumers to take steps to have a safer, more secure online banking experience. Criminals see online banking accounts as prime targets for hacking and phishing schemes. Everyone who uses online banking needs to be aware of the risks and take precautions to prevent cyber criminals from getting ahold of their banking information.
Every day, someone loses some form of their financial assets as a result of change of address or plain old forgetfulness. Nowadays it seems nearly impossible to lose track of money, as online banking and other electronic tools make it easier than ever to track assets in real time.
Rising floodwater might be making a dent in your wallet. The Minnesota Department of Commerce can help guide you through the insurance claims process if you have experienced damage or property loss.
If you are like most people, taxes are probably a somewhat annoying chore. The beauty of tax time is that allows you take a look at the whole financial picture and re-assess your goals. It's a perfect "money moment."