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…
August 8, 2018
It’s impossible to ignore that we’re in the throes of wedding season, a time when many people begrudgingly overspend to avoid discomfort and disappointment. We’re all human, we’ve all felt pressured to buy something from a pushy salesperson at one time or agreed to do something we wouldn’t normally spend a dime on. Collectively we…
August 6, 2018
In a calendar year, Americans spend more money – to the tune of $70 billion dollars – on lottery tickets than music, movies, books, video games and sports teams combined. It’s common knowledge that the lottery preys primarily on everyday people – normally residing in marginalized communities: racial minorities, low wage earners, those living in…
July 3, 2018
Finances can be daunting, especially when many weren’t taught how to balance a checkbook, reconcile a bank statement, file a tax return, or create a budget— let-alone follow it. ls our educational system failing us in teaching financial literacy? For most people, financial education comes long after their formative high school and post-secondary school years….
June 29, 2018
The American financial industry has long standing traditions and regulations that are facing disruption at the hands of the burgeoning fields of cannabis legalization and equity crowdfunding. Separately, these markets are projected to be massive, but together, they’re monolithic. Why the cannabis industry is a major tipping point Turn on the news, it’s no secret…
