In an era marked by economic fluctuations and evolving financial landscapes, the importance of financial literacy cannot be overstated. To mark National Financial Literacy Month, the personal finance website WalletHub recently released its report on the Most and Least Financially Literate States in 2024. Missouri ranked in the middle at no. 24. To determine the rankings, … [Read more...] about Making the case for financial literacy
A new year brings new resolutions for many. Some are personal, some are physical and some could be financial. Americans are $17 trillion in debt, with the average American caring over $100,000 themselves, according to Business Insider. That extra baggage can derail even the most ardent financial resolutions. Dr. Jeff Jones, head of the Finance, Economics and Risk Management … [Read more...] about New year, new budget? Set your finances up for success in 2024
How many credit card accounts do you think the average person should have? Dr. Seth Hoelscher, associate professor in the department of finance, economics and risk management at Missouri State University, answers this question on WalletHub. … [Read more...] about How many credit cards should you have?
How many credit card accounts do you think the average person should have? Dr. James Philpot, certified financial planner and associate professor in the department of finance, economics and risk management at Missouri State University, answers this question on WalletHub. … [Read more...] about What’s a good number of credit cards to have?
Over the past year, American inflation has dropped from 9% to 3%. In August, Dr. Jeremy Siegel, Wharton professor emeritus of finance, expressed confidence the United States will not face a surge in inflation despite recent efforts to tighten monetary policy. But will consumers see financial relief from higher costs? Inflation and prices Unfortunately not, according to … [Read more...] about Understanding the dynamics between inflation and price stability