Blog
- The Financial Literacy Problem – THE FINANCIAL LITERACY PROBLEM An SEC study published in 2012 found that “U.S. retail investors lack basic financial literacy,” “have a weak grasp of elementary financial concepts” and “lack critical knowledge.” A 2015 study of financial literacy that covered adults in 148 different countries found that we rank 14th, just behind Singapore and the Czech […]
- Reverse Mortgage Lenders Fined for Ads That ‘Tricked’ Older Borrowers – By ANN CARRNS New York Times – DEC. 9, 2016 REVERSE mortgages, a type of home loan available to older Americans, are sometimes marketed in advertisements featuring reassuring celebrity spokesmen. But federal regulators this week reminded lenders that their pitches must also clearly disclose the loans’ risks. The Consumer Financial Protection Bureau fined three companies […]
- Younger Generations Start Saving For Retirement Earlier – Generations are formed over time as groups of similar ages experience many of the same political events as well as social and economic trends. As a result, certain broad character traits, such as their financial outlooks, frequently vary across different generations. The most important difference among generations, with respect to their retirement saving habits, is that […]
- The Salary You Need to Afford a Home in 27 Cities – Buying a home is likely to be the biggest purchase you’ll ever make, and tight inventory has created affordability issues in many markets across the country.To avoid ending up house poor, here’s how much you need to earn to afford a home in the most populous cities in the U.S., according to HSH.com. (More –>)
- Gospel for the Glory of Jesus – KRAJ 100.9 FM – Interview
- 6 Predictions for Trump-Era Housing Market – Zillow reports that Trump’s policies could cost first-time home buyers more as construction workers benefit from higher pay. As the housing market’s economic recovery enters a new stage in 2017, the homeownership rate will bounce back from historical lows and renting will become more affordable, according to a report released Tuesday by Zillow. Millennials will […]
- Virtual Reality Can Boost Retirement Savings – Chalk another one up for technology! In our How Money Works workshops we discuss the concept of “Pay Yourself First . . . Your FUTURE Self.” Well, now we find out that researchers from Stanford’s Virtual Human Interaction Lab, UCLA and Microsoft wondered what would happen if connecting with your future self via virtual reality might change […]
- Americans Overpay More Than $100 Billion for Car Insurance – November 22, 2016 • CHRISTOPHER ROBBINS – Financial Advisor Magazine Many Americans are being ripped off by their auto insurer. According to recent research from insurance analytics company ValChoice, Americans overpaid for auto insurance coverage by $101 billion dollars over the past five years. Mutual companies that pay dividends kept the smallest percentage of their customers’ premium payments, […]
- Beware of bad financial advice from friends and family – CNBC asks “Why do people take bad advice from their friends and family? Their answer is that it’s because “hearsay is easier than reality.” But Pure Hearts R Us believes there’s more to it. We believe that people generally do the best they can with the information they have at hand. The problem is the […]
- Military Families Feel More Confident and Save More with Professional Financial Advice – Military families who work with financial advisers are twice as confident as those who don’t that their financial lives will improve over the next year, according to a survey by First Command Financial Services Inc., a financial network for military families. Sixty-three percent of the 530 plus surveyed work with advisers. Fifty-nine percent of those are […]
- 8 financial mistakes couples make that could derail retirement – Couples do a lot of things together — including making mistakes when it comes to retirement and money, according to NerdWallet — which surveyed 1,800 Americans in a relationship (married or living with a partner) to see how they handled financial decisions. And what they found was that couples were making a number of substantial […]
- Nearly half of young adults lack retirement savings or pension –
- Inland Empire Business Review: Pure Hearts R Us HUD Certified Housing Counseling Agency Comes to Riverside County – Read our review in The Inland Empire Business Review.
- Homeownership as an Investment – As good as it may be to own a home for its own sake – as a measure of achieving the America Dream – is buying a house a good investment financially? Well, there is, of course, the building up of financial equity as we pay down our mortgage. And there’s the treatment of our […]
- Homeownership Heartbeat of America – We have adopted the slogan, “Pure Hearts R Us is making Homeownership is the Heartbeat of America once again.” This is not just an attempt at a clever play on words; we feel it’s a genuinely apt metaphor. What is the relationship of the heartbeat to a body? Obviously each heartbeat is the pumping of […]
- Former Congresswoman, Diane E. Watson’s Keynote Speech at Pure Hearts R Us Homeownership Workshop – The Honorable Diane E. Watson, U.S. Congresswoman (Ret.), recently spoke before a crowd assembled at the WOW, I’m Home! home buying workshop hosted by Pure Hearts Are Us. Ms. Watson has endorsed Pure Hearts R Us as the housing counseling agency most fit to take up the mantle of the original W.O.W. initiative which was […]
- Household Finances Top Limra Study As Leading Cause Of Stress – FINANCIAL ADVISOR MAGAZINE MAY 4, 2015 • CHRISTOPHER ROBBINS It isn’t their health. It isn’t their kids. It’s not even traffic. According to a new study, Americans point to household finances as the leading cause of stress in their lives. The study by Limra found that 42 percent of Americans said that household finances caused […]
- Mortgage debt — the new retirement time bomb – Mortgage debt — the new retirement time bomb The Washington Post By Rodney Brooks Columnist September 6, 2015 How long has it been since you’ve seen one of those mortgage burning pictures? It was once a big deal, especially with the Greatest Generation. There was no joy like that last mortgage payment, and our parents […]
- Crisis hangover: Millennials are scared to invest – Crisis hangover: Millennials are scared to invest By Matt Egan CNN Money – March 11, 2015 Wall Street welcomed millennials to the world of investing by showing them the scariest financial crisis since the Great Depression. The economic chaos of 2008, which erupted during the formative years for many young Americans, inflicted scars on millennials […]
- “KILL DEBT, BUILD CREDIT, LEARN THE CREDIT SECRETS AND BUILD A HIGHER FICO SCORE!” – Lorem ipsum dolor sit amet, consectetur adipiscing elit. Cras sed nulla ac quam interdum porta in vitae urna. Aliquam eget odio convallis, sodales ipsum ut, tincidunt purus. Aliquam erat volutpat. In ornare euismod dolor eu imperdiet. Phasellus pellentesque lacinia pharetra. Nulla pharetra molestie dolor in rutrum. Duis luctus, tortor eu posuere interdum, tortor leo porttitor […]