A well-chosen prepaid debit or checking alternative card offers freedom, flexibility and peace of mind to the elderly and their children. by Bev O’Shea Prepaid debit cards, once the province of the non-creditworthy and desperate, are finally becoming downright respectable (some of them anyway – you still have to be careful). Some cards now specialize; for… Continue reading Does Your Grandmother Need a Bluebird?
Pros and Cons of Traveling with a Prepaid Debit Card
Should you pack a prepaid debit card for your next trip? By Lucy Lazarony Going on a trip? Here’s a look at the advantages and disadvantages of traveling with a prepaid debit card in your wallet. An alternative to credit cards. If you don’t have a credit card or don’t want to travel with one,… Continue reading Pros and Cons of Traveling with a Prepaid Debit Card
A True Wall Street Occupation?
How the Occupy Card Doesn’t Live up to its Promise by Shane Tripcony The terms and conditions of credit, debit and prepaid cards are not what anyone would call scintillating reading. Layered with legalese and hard to decipher jargon, these documents have traditionally (and understandably) been ignored by consumers. Which is too bad because… Continue reading A True Wall Street Occupation?
Employers Cannot Mandate Prepaid Cards For Wages
Responding to complaints, the Consumer Financial Protection Bureau (CFPB) issued a reminder to employees that they cannot force workers to accept pay on prepaid debit cards. by Shane Tripcony Over the summer the practice of using prepaid debit cards to pay employee salaries garnered a lot of attention, much of it negative. News outlets, The… Continue reading Employers Cannot Mandate Prepaid Cards For Wages
A Personal Finance Teacher’s Aide
Scholarships are available to this November’s Jump$tart National Educator Conference in Washington, DC by Shane Tripcony The statistics paint a grim picture. According to the 2012 “Financial Literacy Survey of Adults,” two in five Americans gave themselves a grade of C, D, or F on their knowledge of personal finance topics. And if anything, the… Continue reading A Personal Finance Teacher’s Aide
Study: Post Recession Changed Behaviors and Attitudes
New research by Chase and Aite Group reveals how the worst economic downturn since the Great Depression has affected Americans by Shane Tripcony The so-called Great Recession may have officially ended in June of 2009, but its impact has proved to be longer lasting. That is the main finding of a recent study conducted by… Continue reading Study: Post Recession Changed Behaviors and Attitudes