Money Matters Blog

Managing housing costs in retirement isn’t just math; it’s about making decisions that support your long-term financial stability and peace of mind.

Back in the “dark ages” (in the 1990s!) employers used paper checks to pay their staff. Some of you might even remember receiving a blue perforated check in an envelope, complete with a pay stub to review your wages. Some employers still prefer the check route but, in today’s digital landscape, more and more companies are opting to pay their employees digitally via direct deposit. If you’re not familiar with this method, read on and learn about why direct deposit might be right for you.

Unexpected expenses are one of the leading reasons people turn to high-interest credit or payday loans. Even a modest emergency cushion reduces reliance on costly borrowing.

With the use of artificial intelligence (A.I.) on the rise, it’s more important than ever to be discerning when we’re online. What we could once recognize as certifiably “artificial” is much trickier as these tools become increasingly better at mimicking the human experience. The topic of AI sentience has taken on a whole new meaning from when we first dreamed up “smart” computers. And yet, as our technological landscape grows, our practices in securing our identity online have changed little. You might find it surprising, but the primary obstacle to our online identity is not AI—it’s us. A five-year report by the National Cybersecurity Alliance, conducted over several countries from the years 2021-2025, reveals a number of interesting attitudes and behaviors that could contribute to our online safety. Here we’ll review some of their findings and how you can use this knowledge to bolster your online security.

If you are thinking about buying a new car, there is a new financial benefit on the horizon that may be worth keeping on your radar. Starting in the 2025 tax filing year, a new federal law will allow some borrowers to deduct the interest paid on qualifying auto loans – a first for many modern consumers. This change could mean extra savings at tax time; however, like most tax updates, there are a few important details to understand before making decisions. What’s Changing? Under recent legislation, qualifying consumers will be able to deduct up to $10,000 per year in auto loan interest for personal-use vehicles purchased after December 31, 2024. The deduction applies regardless of whether you itemize your taxes, and it runs through 2028.

Finding the right home for you—whether that be a starter home or a forever home—can be an exciting and daunting process. When you’re ready to buy, done your research and know what you want in a home, congratulations! But the homebuying process doesn’t end there. There are loan applications, credit report checks, negotiations, and so many financing options, it can make your head spin!

Medical debt often feels overwhelming because it shows up unexpectedly, varies wildly in cost, and is tied to stressful health events. You have more rights and options than you might realize—including the ability to negotiate bills, request financial assistance, or set up low or no interest payment plans or no interest payment plans.

Paying for college can feel overwhelming—especially if you’re juggling work, family responsibilities, or a tight budget. If you’re a Black student or planning to attend a Historically Black College or University (HBCU), the financial aid research process can add an extra layer of stress. With that in mind, here’s an easy-to-scan guide designed to help you figure out which awards you may qualify for in the coming months.

A new year means new opportunities—and new goals to set! Learn how to create smart financial goals that help you make the most of your money.