Saving Fincap Fridays
Saving Fincap Fridays
FinCap Friday: Pay Day But No Paycheck
Near the start of 2019 the government shut down for 5 weeks, the longest in history. This event showed how most Americans live paycheck to paycheck and how not having an emergency fund can really hurt people.
FinCap Friday: Bye Bye Banks?
Younger customers have started to switch over to using online financial services instead of the more traditional banks. This is due to the speed and savings one can get through these online services compared to banks.
FinCap Friday: Do We Have Your Interest Yet?
In December 2018, the Fed raised the interest rate to 2.5%. This will affect consumers as it will increase the interest rates people pay for things like student loans.
FinCap Friday: Your Stimulus Package Has Arrived
In March 2020, all businesses had to close down except for essential services. As a result, many Americans were out of work. The Senate approved the largest aid package in US history, with trillions to support individuals and businesses.
