RI personal finance legislation

Some good news came out of Providence last week. Last Wednesday, Governor Dan McKee signed into law legislation (2021-H 5491, 2021-S 0349) that will require statewide standards in consumer education for public high schools. The legislation directs the Council on Elementary and Secondary Education and the Rhode Island Department of Education to develop instruction standards […]

12-month personal loans guide

You’ve heard of mortgage and student loan refinancing, but can you refinance a personal loan? The answer is yes. Many lenders offer personal loan refinancing options. So if you’re unhappy with your loan, you’re not stuck with it — you can try to find a new loan with better terms. But just because you can […]

Should you refinance a 30 year mortgage for a 15 year mortgage

Many people are refinancing their homes now while mortgage rates remain near record lows. If you’ve decided to look into the process, then there are several pieces of information you should gather before you actually move forward. It’s best to have everything at your fingertips before you start working with a loan officer or broker. […]

millennial depression why are millennials depressed

Depression is one of the most harmful and pervasive conditions among Americans. It is on the rise among all age groups, but particularly among teenagers and young adults. This is leading many to ask, why are Millennials so depressed? The premise of that question is that Millennials are more likely to be depressed than other […]

Millennials higher incomes

If you are a demographic economics nerd – and why else would you be reading an article on average millennial income? – you have probably read headlines like these. “Young adult households are now earning more than ever before.” “Are Millenials on track to become the richest generation?” “Millenials may be the wealthiest generation.” But […]