You are here this morning to talk about a very interesting factor affecting the financial behavior of many Americans. What is it?  We all have heard that phrase keeping up with the Jones’, but not many of us give much thought to how this phenomenon has changed in our era of ubiquitous technology and connection. […]

The monthly jobs report was released Friday. How did it look? We had very strong job growth in February, Tom. Last month, the U.S. economy added 313,000 new positions, the largest monthly tally since July of last year, and one of the five best totals in the past 5 years. What is driving companies to […]

Despite student loan balances in the United States hitting an all-time high of 1.4 trillion — in the recently released federal budget, the President has proposed to eliminate the public service loan forgiveness program, which aims to help people such as school teachers, firefighters, police officers and health researchers get out from underneath a mountain […]

Today we are talking about student loans again. Why?  We have known for some time now that American college students and graduates are being swamped in a tsunami of student loans. Now, a new study release by the Brookings Institute last week shows that the number of large-balance student loan borrowers – individuals with over […]

With 2017 almost over, what should we be focusing on in 2018?  Amid all of the holiday cheer, it is smart to take some time at the end of the year to take stock of your financial wellbeing, and review things like your retirement accounts, and your insurance needs. Just a few actions can improve […]

WE ARE TALKING ABOUT WAYS WE CAN PROTECT OURSELVES DURING THE HOLIDAY SHOPPING SEASON. WHY IS THIS SO IMPORTANT? It’s the first holiday retail season in the wake of the massive Equifax breach, and it is more important than ever to be vigilant when we are shopping for friends and family. Hackers and scammers are […]

Life & Style

Though the Pew Research Center released a recent study revealing that more and more Americans are renting now, home ownership is still attainable with these tips.

12/19/16 – Rob Wilson gives tips on holiday shopping including one big no-no: don’t use credit for holiday shopping! Rob Wilson is a financial advisor, television contributor and new media personality who concentrates his practice on providing advice to and managing financial affairs for successful professional athletes, entertainers and other young professionals. His work providing […]

  We have a big reminder for the holiday shopping season, even though it has already kicked off. Mellody: I want to remind our listeners about seasonal fraudsters and scammers. It has almost become an annual tradition here at Money Monday, but it is important because every year sees criminals come up with new tactics […]

  There is good news this morning: fewer people are being excluded from the banking system, correct? According to a survey from the Federal Deposit Insurance Corporation, or the FDIC, which insures Americans’ bank accounts up to $100,000, more Americans are gaining access to a checking or savings account, a sign that the improving economy […]

  Open enrollment is back again. What do people need to know?  We do talk about it every year because it is really important. This is the one time of year when people are able to make changes to their healthcare coverage and more. If you are covered through Medicare, the open enrollment period started […]

What should we be thinking about if we are impacted by a natural disaster? As we watch the remnants of Hurricane Matthew swirl off the Atlantic Coast, I was thinking of those who were impacted by Katrina, and Sandy, and other events that have impacted great numbers of people in our country. Thankfully, Matthew does not […]