Baby Boomers appear to be Spending Less Money as they get older

When military personnel returned home from World War II, they did a lot of celebrating. And, presumably, a lot of “catching up” with their significant others. That “catching up” led to increased birth rates in the U.S. and the generation that we now fondly refer to as the “Baby Boomers.” […]

How College Graduates can be Financially Smart and Save More Money

If you recently graduated from college, congratulations! Having an education is a great way to set yourself up for future success in life. Of course, when we think about success in this country, being financially sound and making wise decisions are both big pieces of the puzzle. People need money […]

It is Finally Time to teach your Teenager about Saving Money

As children get older parents have to make sure to talk to them seriously about more than a few issues. And it gets even more difficult as those children make the progression into the teenage years. You might have a few things that you have had hard times talking to […]

New Ruling Could Cause Big Problems for Debt Collectors

A ruling out of New Jersey may drastically change the way that debt collection companies and their lawyers do business… Have you ever had the misfortune of getting a call from a debt collector? If so, you know how unpleasant this experience can be. Imagine if you got contacted by […]

The Government Sets its Sights on Internet Streaming TV

Nearly all of us have seen television undergo a drastic evolution over the years. Some of us even remember when there was no cable television, and when it was still common to have black and white sets in the house. And it wasn’t all that long ago that cable/satellite offerings […]

Many Democrats Now Seem Fed up with the Consumer Financial Protection Bureau

It is not often that an issue arises that gets officials on one side of the fence – either Democrats or Republicans – to cross over to the other side. However, frustrations with Obama’s newest regulatory body, the Consumer Financial Protection Bureau (CFPB) has forced some Democrats to become allies […]

Obama Threatens to Veto Bill Created to Rein in Consumer Watchdog Group

  The long and winding road that the CFPB (Consumer Financial Protection Bureau) has taken over the past few years is no secret to business owners, though many people who don’t run small businesses may be unaware of this group. Originally put together to help protect consumers from financial fraud […]

What’s in the Cards for Peer-to-Peer Lending?

The Internet is more than just a cool tool to meet up with friends on Facebook or to watch the latest cat videos on YouTube. The World Wide Web has become known as a medium for creating some cutting edge technologies that force traditional industries to sit up and take […]

Here is what the Government Discovered about Operation Choke Point

  For the past year or so, the Committee on Oversight and Government Reform has been conducting an investigation on Operation Choke Point. This operation was put in place to protect consumers from financial scams, but has been accused of going much farther than originally intended. The Committee was looking […]