jferraez's blog

A recent article in the New York Post highlights one of life’s universal truths: Robocalls are annoying. But new strategies being employed by some of these scam artists shouldn’t be overlooked.

According to new research published in a recent Politico article, Millennials are facing an uphill battle when it comes to retirement savings and building wealth.

According to a recent Time Money article, a new report shows that younger adults burdened with student debt are falling behind their parents’ generation in financial stability. The report compared the wealth of 25 to 34-year-olds in 2016 with the same age group in both 2013 and 1989. One bit of good news: compared with 2013 age group, the 2016 folks made some gains in median income, retirement savings, and assets.

The hits just keep on coming for Wells Fargo. As if the $185 million settlement/penalty the bank has already paid to resolve the fake accounts issue wasn’t bad enough, Wells Fargo could now face up to $1 billion in penalties for auto insurance and mortgage lending abuses according to a new CNBC article and Reuters report.

New statistics reveal that the retirement outlook is not so great for almost half of Americans. According to a recent CNBC news article (citing a report from GoBankingRates), around 42% of Americans have less than $10,000 saved for retirement.

According to a recent CBS MoneyWatch article, the credit card debt problem looks a lot worse in Southern metropolitan cities. Specifically, CreditCards.com’s research found that in Texas alone, three cities placed in the top five. Things certainly are bigger in Texas it appears. But in all seriousness, the credit card debt problem is only getting worse.

According to a recent Forbes article, Millennials may not be doing so badly when it comes to handling their finances.

American households are carrying a good bit of debt these days according to a recent NBC News article. From what I’m seeing, no matter how you categorize the debt or spin the numbers, it’s not welcoming news to begin the new year. Still, there is no better way to illustrate a point than by staring at the cold, hard numbers, so I will break down a few.

The last tax reform plan passed about 30 years ago, which is how old many of us millennials are today. Considering tax reform only comes along so seldom, I thought it appropriate to pick up on an article from CNN Money and lay out the provisions from the new tax law that will affect millennials through much of our working lives.

Just how much do you think an ambulance ride to the hospital costs? Take a guess and then increase it by a lot. In a recent Washington Post article, Melissa Bailey delves into what is increasingly becoming a problem for consumers everywhere—the unexpected cost of routine ambulance trips. A common problem that I see with potential clients and those that I go on to represent is medical bills.