Last year, in an effort to help student loan borrowers through the financial crisis that COVID-19 brought upon us, the Federal Government suspended payments and interest accrual on most Federal student loans. At first, this administrative forbearance was slated
I’m so sorry that you are dealing with this. Having to cope with unjust and unconstitutional violations of your right to choose should not happen to anyone, and we are appalled by how far reaching this legislation is. And
Rest assured, Financial Friend, you are not alone. Last weekend alone 3 meetings popped onto my calendar with descriptions like “Impending financial downfall,” “Save me from myself,” and “I can’t stop spending money.” It’s not shocking that we would
Our guest blogger today is Derby Chukwudi. Derby is a contestant in the Miss New Jersey USA competition, and she is passionate about travel, education, reading, writing, and also the power of financial literacy. Here, she shares some money
I never thought of myself as being bad with money. I usually had an extra month or two of rent in the bank, I didn’t rack up charges on my credit card, I lived frugally enough to enjoy life
Over ten years ago now, I left a successful investment banking career to become a Financial Advisory at Merrill Lynch because I saw a tremendous need for diversity in the financial advisory space. I enjoyed the entrepreneurial spirit of
Although it can seem counterintuitive at times, having and using credit cards are essential parts of optimal financial wellness. Not only do credit cards provide us with a temporary safety net if we need cash in a pinch, but
Getting financially fit can be challenging for anybody, but a lot of the steps towards building a healthy relationship with money can be more tough for those with Attention Deficit Hyperactivity Disorder. Recently we interviewed Amalia Sirica, a FinGym
The basic facts of the racial wealth gap are that Black Americans hold about 13% of the wealth of white Americans. This wealth disparity can be seen through almost every measure of wealth, from actual financial holdings, to income
As trainers, we always give our clients a weekly spending goal. This is supposed to be for everything that isn’t a fixed monthly expense. My fixed bills each month are rent, utilities, internet, and a Netflix family subscription. I
At the Gym we work with a lot of people who are focused on building credit. Some people are recent grads who are transitioning from school to full time work and becoming financially independent from their families. Others are
131 trillion dollars. That’s the amount of money that governments, companies, organizations, and people like you and me need to invest in climate solutions between now and 2050 to meet the targets in the Paris Climate Agreement. As if
So, what is “house hacking?” In short, house hacking is a way to offset your living expenses by reducing or eliminating your housing expenses, or even making money off of your home. It can require doing some research and
Netflix, Hulu, Spotify, Amazon Prime, Peacock, Disney+, Audible, HBO Max, Paramount+, Britbox, ESPN, if you’ve got them all, then this is for you! I can remember when Netflix first came about and I convinced my parents to start a
The summer should be an opportunity for teachers, and other school employees, to relax! No more grading papers and tests, no more lesson plans to write, and thankfully, no more asking students to turn on their cameras for Zoom
Unlike other expenses that you can go without if needed (like streaming services, takeout, or buying new clothes), groceries will always be a part of your budget. It’s inescapable. For that reason, focusing on getting your grocery bill under
The Financial Gym Advisors Client Mackenzie Stewart shares with us how she approaches paying off her debt on a less-than-ideal income. Mackenzie breaks down both concrete steps as well as how to shift your mindset in order to conquer
As fall 2020 approached winter, I put increased emphasis on self-improvement. The year from hell needed some sort of silver lining, right?
TikTok has brought us many things, from quarantine olympics to happy, happy dogs to Dadosaur. Now it’s bringing bite size financial literacy to the masses, or at least to those who frequent finance TikTok. But not all finance TikToks
Teaching financial literacy to children can be a daunting task, but introducing fundamental financial concepts now can set them up for a stable future. Instilling the building blocks of saving, spending, and making money early on can help increase
My personal debt story began when I first started undergrad. I did not know anything about managing my finances, and I was easily persuaded to sign-up for my first credit card.
