Tips On Saving and Managing Money For Young Adults – FDIC Consumer News

Why do so many people make mistakes in handling money?  The foundation to wealth rests upon sound principles for borrowing, saving and investing yet many Americans lack the fundamental knowledge necessary to accomplish their goals. According to the State of Working America, the median wealth for white households is only $97,000 and for black households […]

Owning Bank Stocks Might Be Better Than Keeping Cash In The Bank

The financial meltdown that began five years ago resulted in widespread financial devastation for millions of Americans.  Retirement and stock portfolios were decimated while real estate values declined by 50% or more in many parts of the country.  The American middle class was shocked as trillions of dollars of wealth suddenly disappeared. The collapse of […]