Entries by Rich Fischer

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How Insurance Works

How do I know if I need insurance? Broadly speaking, insurance provides you with financial help when something bad happens unexpectedly or accidentally, for example, if your apartment catches fire or you are in a car accident. If you have the foresight to sign up and pay for insurance coverage before that event, your insurance may […]

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Rethinking Traditional Money Timelines

Nontraditional Families Need Nontraditional Financial Support American families have changed dramatically over the past several decades—and so have their finances. While growing up in a nuclear family may have once been the norm, today’s children are far more likely to be raised in what researchers call “blended,” “fluid,” or “complex” family structures. As cited by […]

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Could Your Student Loans Be the Key to Building Your Emergency Savings?

It’s not hard to believe that people who have managed to set aside money in case of emergencies enjoy a greater sense of “financial wellbeing.”  Freedom from worrying about the “what ifs” and a sense of pride in achieving a monetary goal would make anyone feel good. In reality, however, barely half of Americans have […]

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Impact of Student Debt on Young Employees

Young workers are worried about repaying their student debt, according to a recent survey by American Student Assistance®, a private nonprofit dedicated to eliminating finance as a barrier to education. They are highly stressed out about debt, which is impacting their productivity at work. The Young Workers and Student Debt survey polled 502 young workers […]

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How (and What) to Negotiate with Your Credit Card Company

Most credit card holders think that late fees, annual charges, and interest rates are set in stone. Yet a 2017 survey by CreditCards.com found that 84% of cardholders who picked up the phone and asked for better terms were told “yes.” When negotiating with credit card companies, it helps to have a strong credit history […]