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Student renters – are you covered?

Posted on May 26, 2015 at 11:30 AM

Finals are over and you’ve moved out of the dorms and into an apartment for the summer. But before you start unpacking, consider what would happen if your belongings were stolen or damaged.


Are you ready for severe weather?

Posted on April 14, 2015 at 12:14 PM

April showers brings… Minnesota Severe Weather Awareness Week?  That’s right, folks, April 13 – 17 is when the National Weather Service, in conjunction with various State and local agencies, join forces to help Minnesotans prepare for a severe weather event. The Minnesota Department of Public Safety Division of Homeland Security and Emergency Management has more information about what is in store for this week.


Is college in your future? Learn about the different types of financial aid

Posted on April 09, 2015 at 1:29 PM

As part of Financial Capability Month, the Minnesota Financial Literacy Work Group is here to help. The Minnesota Department of Education and Office of Higher Education want to help future college students know their options for financial aid.


Preventing abandonment, protecting your assets

Posted on April 03, 2015 at 10:31 AM

It's tax time and a good reminder to make sure your money is in order. It might be hard to imagine that you could lose track of your money, but there are occasions where your assets might not follow you.

Perhaps you've moved within the last year and didn't update your address with your mutual fund company. Maybe you forgot to cash that last paycheck from your former employer in your haste to begin your new career. It happens more often than you may think. 


Financial Capability Month is here!

Posted on April 01, 2015 at 3:07 PM

April is once again Financial Capability Month in Minnesota and that means an annual opportunity to evaluate your financial life. Where to start? The Minnesota Financial Literacy Work Group is here to help – for each day in April we will be sharing our tips to guide you along the way. Follow along on Twitter: #FinCapMN


Finders and fees: the low-down on paying up

Posted on March 19, 2015 at 11:33 AM

Here at the Department of Commerce we hear from Minnesotans who have been approached by an individual or business (called “Finders”) claiming that there is unclaimed property in their name and they can help get the money back. Savvy consumers are understandably wary and might have questions about the legitimacy of this claim.


Tempted by the pot of gold at the end of the rainbow?

Posted on March 12, 2015 at 11:29 AM

Smart investing isn’t a matter of luck. Before you consider purchasing bullion coins – defined as any coin containing more than one percent by weight of silver, gold, platinum, or other precious metal - the Department of Commerce encourages consumers to treat a bullion purchase like any other investment and do your homework. Due diligence will pay off - our list of questions to consider can help you get started. 


Spring is here - is flood insurance right for you?

Posted on March 12, 2015 at 11:29 AM

With spring around the corner, it is an important to be aware that a standard homeowner’s policy does not include coverage for flood-related damages. In order to qualify for flood insurance, a your home or business must be in a community that participates in the National Flood Insurance Program (NFIP). Your local city government office should be able to provide you with this information, or you can look up your community at FEMA’s “Community Status Book”.


National Consumer Protection Week – Weights and Measures Week: You Get What You Pay For

Posted on March 05, 2015 at 11:48 AM

This year marks the 130th anniversary of the establishment of the Weights and Measures Division of the Commerce Department. Weights and Measures Week is celebrated on March 1-7 each year to memorialize the institution of the first United States weights and measures law.  


National Consumer Protection Week – Questions on life insurance? We have answers!

Posted on March 04, 2015 at 11:30 AM

Each year, the Minnesota Department of Commerce receives a number of questions related to flexible premium universal life insurance policies and it is important to understand how these policies work. 


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