Tom Stanley: He transformed the way we view wealth

It has been a quarter of a century since Thomas Stanley, who received his doctorate in business administration in 1974 from the University of Georgia, wrote the bestselling book “The Millionaire Next Door: The Surprising Secrets of America’s Wealthy.” Co-authored with a former student, William D. Danko, the book’s enduring and timeless message was that many wealthy individuals grew rich on an average salary, through hard work, modest spending, careful saving and taking the occasional calculated risk.

Large Number of Americans Reported Financial Anxiety and Stress Even Before the Pandemic

A substantial number of adults in the United States between the ages of 21 and 62 felt anxiety and stress about their personal finances well before the onset of the COVID-19 pandemic, according to a new report published today by the Global Financial Literacy Excellence Center at the George Washington University.

New Insights for Effective Financial Education Using Intuit’s Mint

A new report from the Global Financial Literacy Excellence Center at the George Washington University School of Business and Intuit, the global financial management platform, offers findings that can help educators better create effective financial education programs.

Many will update to iPhone 12 even if they can’t afford it

Smartphones vital to mental health for many during the COVID-19 pandemic The iPhone 12 was presented at Apple’s livestream keynote on Oct. 13 and will release on Oct. 23. People will purchase Apple’s new phone even if they can’t afford…

Older Americans may find it difficult to adapt to a cashless society brought on by COVID-19

A cashless society could be what consumer life after the COVID-19 pandemic looks like, but older Americans may find it hard to adjust to this new reality, according to Plamen Nikolov, assistant professor of economics at Binghamton University, State University…

Expert: Want to avoid drowning in COVID-19 debt? Try an installment plan

The COVID-19 pandemic is putting a heavy financial burden on many Americans. To avoid spiraling into debt, you could take advantage of installment plans, says Subimal Chatterjee, distinguished teaching professor at the School of Management at Binghamton University, State University…