Taxes

2021 Expanded Child Tax Credit: Who Qualifies, Payment Schedule & More

What is it? Who qualifies? And how much will you continue to receive? 2021 Child Tax Credit Calculation Child Tax Credit Payments Impact of the Child Tax Credit Millions of parents in the U.S. have already benefited from the temporarily expanded advance Child Tax Credit payment through the American Rescue Plan Act of 2021. On […]

Credit

The Advantages That Come With Building a Good Credit Score

You’ve probably heard all about the importance of credit scores. If you’ve ever sought financial advice, improving your credit score was likely one of the top suggestions you came across. But what doors can a high score help you unlock? Why a Good Credit Score Matters Banks use your credit score as one of the […]

Saving

How to Make the Most of a Cash Windfall

“When I make it big” is the opening line of many financial daydreams. We’ve all spent time fantasizing about what we’d buy, where we’d go and what we’d do if we received a sudden windfall of extra cash. Of course, unexpected cash would be a welcome surprise but waiting on one is a far cry […]

Budget

We Asked 1,000 People How Much They Spend on Gifts. Here’s What We Found Out.

Have you ever been at a wedding or anniversary party and found yourself whispering to a trusted confidant, “How much did you spend on the happy couple?” If so, join the club. According to findings from a recent gift-giving survey by Ally, more than 60% of people say they consult friends and family on how […]

Budget

What Are You Willing to Go Into Debt For?

The urge to splurge has officially arrived! Our survey says nearly half of Americans are willing to go into debt to treat themselves — and it’s not a totally crazy idea. Ideally, money is meant for more than necessities, but it can be challenging to strike a balance between fun purchases and smart money decisions. […]

Finance Basics

Let the Games Begin: Fun Ways to Teach Kids About Money

Financial literacy rates in the U.S. have been dropping since 2009, with less than one-third of adults ages 18 to 54 able to answer basic questions related to personal finance. And this is not a new challenge. Over the last decade, 15-year-olds entering high school in the U.S. have shown little improvement in financial literacy […]

Finance Basics

Choose Your Own Adventure: 4 Strategies to Get Out of Debt

Debt comes in many shapes and sizes. Sometimes you take on debt purposely, other times it creeps up on you, slowly or all at once. But no matter how or where it comes from, most can agree: Debt can be stressful and reducing it isn’t always so simple. There’s no “right way” to reduce debt, […]

Finance Basics

Gold, Silver or Bronze? Put Your Finance Knowledge to the Test

Are you sprinting toward retirement? Hurdling past debt? Or setting up for the goal of a new home? In celebration of athletic achievements across the globe, take our quiz to assess your financial fitness.   Is your financial knowledge strong enough for gold? Take this quiz to find out.  

Budget

What’s Your Budgeting Style? Take Our Quiz

How would you describe your personal style? Classic? Sporty? Trendy? Now, what about your budgeting style? Don’t worry if you don’t know. You’re not alone. Budgeting can be a bit of a four-letter word for many. But just like people have different taste in fashion, your approach to budgeting isn’t going to be the same […]

Budget

15 Money-Smart Ways to Have the Best Summer Ever

If you’re craving a summer jam-packed with exciting adventures and memory-making activities, you aren’t alone. Luckily, you don’t have to choose between a summer of fun and a season of saving with our money-smart ways to have the best summer ever that won’t break the bank. Just download our bingo card to keep inspiration close […]

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