Savings

We’re all living in a tricky time, we’re worried about our health, our family’s health, and honestly everyone else’s health during this pandemic. As if that wasn’t enough, we have to simultaneously think about our finances and the future of our employment. Unfortunately, a large percentage of the US population is already facing the stark

  The federal government recently passed the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act to help businesses, families, and individuals stay financially afloat during this pandemic. Part of this Act requires the IRS to distribute stimulus payments to qualified individuals.  Are you one of the millions of Americans who’s already received your stimulus payment

Did you know that 4 in 10 Americans would not be able to cover $400 of unexpected expenses using their own resources if they needed to? Thirteen percent of Americans could not even pay their current month’s bills if they had an unforeseen $400 expense1. So how do you build up enough of a buffer?

Summary Cut non-essential items and discretionary spending. Look for discounts and free trials.  Explain your situation to landlords and creditors.  Need to cut expenses and save money, but not sure where should you start? Here are some quick tips: Write down all of your essential and non-essential expenses and determine a new budget: It helps

  Summary We’ve compiled a list of the top resources to help you find local food banks, discounted groceries, and meal services in your area. Click the links below to see what services are available near you.  As unemployment continues to rise in the U.S., we’ve heard from many of our customers about a concern

  Summary Due to the coronavirus, you can withdraw up to $100,000 from your 401(k) without a penalty. You can also borrow up to $100,000 and pay yourself back with interest. Withdrawing or borrowing from your 401(k) should still be a last resort. You have probably heard many times, “do not touch your 401(k).” While

Updated August 5, 2020 Summary If you have not yet received your payment, you can check on the status of your Economic Impact Payment on the IRS’s online tool, Get My Payment.  The IRS began depositing stimulus payments to consumers the week of April 13.   It’s not too late to receive your first stimulus check. You

We recently held our first live Q&A on Twitter to answer your questions about navigating finances during this challenging time. We received a lot of great questions about everything from the stimulus checks to refinancing mortgages, so we wanted to share a summary here for those that have similar inquiries. We are planning to host

  Summary No one knows how long this pandemic will last, so it is important to plan for the long term with regard to your finances. Overview of steps to stay afloat during times of financial uncertainty. While there is a lot of uncertainty right now regarding how long this pandemic will last and the

Summary You may want to consider a financial or credit counselor to assist with your finances during this challenging time. Do research to determine which organization to contact. Some organizations offer free services.  We understand that this is a difficult time and that you have lots of questions about your finances. You may want to