What is Lifestyle Inflation?
Have you noticed that even when your income increases, it can feel like you still don’t have more money leftover at the end of the month? That’s because often, when our income increases, our expenses do too. This is a very real phenomenon called lifestyle inflation. It can sneak up on us despite our best…
Read MoreNade’s Story: A Bronx Business Owner
This Bronx business owner was expecting a new member to the family, but never thought she’d be facing a pandemic. Welcoming a new baby in the time of coronavirus is scary enough. But for pregnant mother Nade, who is expecting her third child next month, concern for her health and her baby’s is compounded by…
Read MoreWolf’s Story: It’s Not About Amassing a Fortune
Meet Wolf, a retired psychologist living in the mountains of Colorado with his wife and many animals. What do you do? My wife and I are retired. We have a small, 35-acre ranch here. We make a little bit of extra money with our goats and chickens. I also contract tutor online. It’s a good…
Read MoreMaria’s Story: $100 Saved from Every Paycheck
Meet Maria, a social worker assistant with Tribal Child Protective Services. She lives with her husband and three daughters in Phoenix, Arizona. What do you do? My husband is a construction worker and I’m a social worker assistant with Tribal CPS. I enjoy being able to work with kids and help them through problems. What…
Read MoreNastassia’s Story: I See Brightness in My Future
Meet Nastassia, a mother of five and an immigrant from Jamaica who has been living in New York since 2009. What do you do? Right now I’m not working. I had an injury when I was pregnant with my last child, so I’m at home. My fiancé just started at a new job at a…
Read MoreKiara’s Story: Maybe Money Can’t Buy Happiness, But It Can Buy Security
Meet Kiara, who lives in Taylor, Michigan with her 11-month-old daughter and her two young cousins. What do you do? I don’t have a job. I take care of my daughter and my two cousins because I have a kinship guardianship for them. One is my biological cousin and the other is his half-brother. Their…
Read MoreLauren’s Story: Money Won’t Make You Happy
Meet Lauren, a mother of four daughters (including a two-month-old baby!) who lives with her husband in Conway, South Carolina. What do you and your husband do? My husband is a produce manager at our neighborhood market. I am current filing for disability. What did your upbringing teach you about finances? Money doesn’t grow on…
Read MoreHelp is out there! Resources for when the unexpected happens
Few words describe the human experience better than the quote by writer and cartoonist Allen Saunders: “Life is what happens to us while we are making other plans.” We all know this is true, so what can you do when things don’t go according to plan? Sure, an emergency fund can give you a sense…
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