More than 31 million people will reach retirement age in the next 20 years. Because most people keep their retirement savings in accounts they manage themselves, like IRAs and 401(k)s, they face a range of complex and important decisions.
Making and sticking to a budget can be challenging. Finding ways to keep track of your spending can help you meet your financial goals.
Financial coaching can help consumers achieve their financial goals. It’s a strategy that financial educators can implement with the people they serve. Read more about our two briefs: “Financial Coaching: A Strategy to Improve Financial Well-Being” and “Implementing Financial Coaching: Implications for Practitioners.”
Since auto loans are a part of the financial lives of so many consumers, we wanted to learn more about their experiences and challenges in navigating the process of getting an auto loan. Read more about our report: Consumer Voices on Automobile Financing.
Take control of your auto loan process. Explore our new auto loan resources and keep these 6 tips in mind.
Consumers have told us that they sometimes find common financial advice — like “save 10% of your income” — hard to apply to their own circumstances. Some common financial advice may feel beyond your reach based on your current financial situation. Don’t feel discouraged, you can create your own personal rules to live by that work for your financial situation. We have created three worksheets to help you.
If you think about it, you probably see a lot of advertising for products and services for managing your money. Television ads, highway billboards, Internet banner ads, offers in your mailbox, and more. We decided to find out how much money is spent on advertising to Americans each year for financial products and services. No […]
Many of us find it challenging to manage our money, and today’s financial marketplace can be overwhelming. That’s why we’re testing innovative strategies to help overcome common financial challenges that many people my face on a regular basis. If your organization is interested in working with us to test a new approach to helping consumers address some key financial challenges, check out the criteria and let us know by November 8, 2013 that you’re interested.
Financial education is an important component of our work. We help consumers understand the opportunities, risks, and consequences associated with financial products, services, and decisions. Listening and learning As part of our outreach, we have held four listening sessions across the country with more than 120 people who are leaders in financial education. We also […]