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
The recent failure of Silicon Valley Bank, the second-biggest bank collapse in U.S. history, has raised this question for many Americans: Is my money safe in the bank? Experts like Dr. Jeff Jones, certified financial planner and department head of finance and risk management at Missouri State University, share with ABC News why deposits are safe despite the financial turmoil. … [Read more...] about Are bank deposits safe in wake of Silicon Valley Bank collapse?
Some economists believe a recession is imminent. With a war in Europe, inflation, a crumbling supply chain and continuing threats to public health converging, the economy is struggling. Missouri State University finance and risk management department head, Dr. Jeff Jones, agrees. But this potential recession may indicate a return to normalcy after a period of economic … [Read more...] about What you need to know about a potential recession in the U.S.
A low-interest credit card is an outstanding tool to utilize short-term borrowing. Along with favorable interest rates, these credit cards often have many other perks that can benefit cardholders. Dr. Jeff Jones, certified financial planner and department head of finance and general business at Missouri State University, offers some advice about finding the right card to … [Read more...] about Finding the right low-interest credit card