February 13, 2019
Understanding your money habits, following a budget and actively working to improve your credit score, all fall under the financial literacy umbrella. Starting out at your first job? Curious about how to secure startup investment capital? Saving up for an emergency fund? Everyone’s circumstances vary and we are all in different stages of our financial…
January 24, 2019
Financial literacy is an all-year round commitment and the holidays can knock the most budget oriented person off track. The holidays are a minefield of overspending and overindulgence. Here are the three spending traps that most of us fall into: The pre-holiday festive build up (of hidden costs) When the rich colors of fall turn…
January 11, 2019
If you’re suffering from a post-holiday spending hangover, take comfort in the fact that you’re not alone. The emotions of the season, the aggressive sales techniques, all coupled with the overall excitement of the holidays can make it feel like we must make a choice between having fun and staying on budget. Let yourself off…
January 3, 2019
The leftovers have been consumed, the decorations are back in the basement and the gifts have been unwrapped. Now, the credit card bills will soon be arriving in the mail. 😬 Look out, the post holiday spending hangover is here. The pressure for perfection is real Don’t panic, you’re in good company. In fact, 45%…
November 27, 2018
Lotteries: The invisible hand that built colonial America Lotteries and the lottery systems are actually more American than most people realize. In the 1700-1800s, lotteries were instrumental for government operations to facilitate the settlement of North America. In fact, Jamestown, America’s first British colony, relied on capital from rich investors, the 17th century equivalent of…
October 17, 2018
33% of Americans have no money saved for retirement Retiring with nothing is increasingly common as the baby boomer generation retires. Start putting small amounts in retirement savings as soon as you begin working. Even $100 a month from babysitting money gets the ball rolling! Smokers typically spend between $1- $2 million in their lifetime…
October 11, 2018
Money is an emotional and intimate topic to broach with close friends and family. From a young age most of us were taught it was impolite to ask or discuss money with people because it’s such a personal topic. Given household consumer debt is on track to top $4 trillion by the end of 2018…
October 4, 2018
Boosting your credit score is manageable. First off, avoid lowering it further – stop doing these 3 things immediately: opening and closing accounts paying bills late only making minimum credit card payments* *Paying down a credit card balance should be a huge priority. The interest charges are bonkers – shovel as much money (as you…
September 19, 2018
Driving through certain neighborhoods in Chicago, it’s impossible to ignore the billboards emblazoned with the slogan, “This could be your ticket out”, which were erected by the Illinois State Lottery. From the getgo, the intended audience was clearly low income earners, because these billboards are not placed in Forest Hills, a wealthy suburb in Chicago….
September 12, 2018
As you’ve likely noticed, DATI has a new name, and with it, a fresh new look! The new DigitalAMN website [www.DigitalAMN.com] has expanded content designed to educate and inform our readers. Let’s take a tour! We encourage everyone to check out the new website, sign-up, and get involved. We appreciate and request your participation…
