CFPB: Join the “Your Money, Your Goals” 2018 Cohort
Today we’re announcing an opportunity to participate in the CFPB’s Your Money, Your Goals 2018 cohort. Your Money, Your Goals is a suite of financial empowerment tools and resources that individuals and organizations can use to help the people they serve manage their money and work toward their goals. Each year, we identify a small…
CFPB: Working to Better Serve People Through Financial Coaching
At the CFPB, we recognize the value of financial coaching. Financial coaching is an emerging practice in which trained financial coaches work collaboratively with clients to help them identify and reach their personal financial goals. That’s why in April, we hosted the 2017 Financial Coaching Symposium in Madison, Wisconsin. The event brought together financial coaching…
ABA: 10 Money Mistakes College Freshmen May Soon Regret
As college freshmen begin arriving on campuses across the country, the American Bankers Association Foundation is highlighting common money mistakes many of their predecessors wish they had avoided. “Most college freshmen are getting a taste of economic freedom for the first time, and they may not realize that small expenses can add up really quickly,”…
CFPB: Three Steps to Help Make Tough Choices in Tight Moments
When bills are piling up, it’s important to remember that you’re still in control. While you are ultimately responsible for paying all of your bills on time, there are things you can do if you fall short one month and don’t have enough money to cover everything. Follow our three easy tips that can help…
CFPB: Companies Warned Against Tricking Consumers into Expensive Pay-by-Phone Fees
Bureau Concerned About Companies Misleading Consumers About Pay-By-Phone Fees, Keeping Them in the Dark About Much Cheaper Options WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) today issued a bulletin warning companies about tricking consumers into expensive pay-by-phone fees. The Bureau is concerned about companies potentially misleading consumers about the purpose and amount of certain…
CFPB: Try One Thing This Summer to Grow Your Child’s Money Skills
Your children go to school to learn math, reading, history, and more. But all year round, they’re absorbing money habits, skills, and attitudes from you. This summer, we challenge you to try one thing that encourages money conversations with your kids. This chart shows ways you can help your children build money skills that can…
CFPB: Building Credit at a Local Level
By Sarah Bainton Kahn We recently published a report on ways people without a credit history start building one. In order to bring visibility to this issue and spur action at the local level, we’re releasing credit profiles on states and cities across the country. A person is considered “credit invisible” if they do not…
HUD: $50 Million in Housing Counseling Grants Awarded
WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today awarded more than $50 million in housing counseling grants to hundreds of national, regional and local organizations to help families and individuals with their housing needs and to prevent future foreclosures. HUD’s housing counseling grants and the additional funding they leverage will assist…
CFPB: Effective Financial Education – Five Principles and How to Use Them
We’re offering five broad principles that support financial well-being through effective financial education. By Janneke Ratcliffe Everyone has goals. You want to learn a new language. You want to learn to bake. You want to read more books. But, how we move from those goals or intentions to action and results can be a difficult…
CFPB: More than Just Fun – Summer Money Matters for Young Workers
Each summer, millions of young people get their first job. With every first job comes a first paycheck, and that first paycheck is an opportunity for young workers to develop their own financial skills. This important milestone is often when young people first take control of their finances, make choices about various financial products, and…