Recent surveys found that Americans’ biggest financial fear is never being able to retire, and that 56% of Americans have less than $10,000 saved for retirement. Working for a company that doesn’t offer a retirement plan (such as a 401(k)), not being able to save money after the bills are paid, and/or simply procrastinating on getting started are commonly cited as reasons by those that are falling short or feeling financially insecure.

Basic money management skills are crucial to daily success but financial education isn’t commonly offered in schools. To help bridge the gap, Greater Nevada partners with organizations like EverFi, Balance, and the Richard Myles Johnson Foundation. Together with Greater Nevada Credit Union, these organizations provide financial education to students of all ages from elementary school to college.

CONSIDER THIS: The government’s Consumer Price Index estimates prices for groceries will rise by 1 to 2 percent in 2018. For some products, prices could go even higher. For example, the prices for chicken and avocados are expected to go up.

So how do consumers put food on the table without breaking the bank?

Below are some tips for finding the best deals on groceries:

Millions of people take out pay day loans (also known as cash advance and check loans) every year in the United States. Most of these loans are relatively small (i.e. $500) but charge high interest rates and fees. For example, a typical two-week payday loan with a $15 per $100 fee would have an annual percentage rate (APR) of almost 400%. Borrowers usually promise to repay the loan with their next paycheck, though sometimes the payments are made over a longer period of time.

Are you having trouble paying your bills, getting notices from creditors or worrying about losing your home or vehicle? Many people face some type of financial challenge at some point, whether it’s related to a health crisis, job loss or other factors. However, help is out there, though you need to proceed with caution. Let’s take a look at some of these options.

Now that your holiday spending is winding down, does it feel like you’ve overspent once again? If so, this is a perfect time to get back on track and even prepare for a more affordable season next year. Let’s get started!

The holidays are here and we all know that they can cause some extra stress. Here are some tips that can help you during this season.
 

When it comes to personal and business banking, credit unions aren’t always top of mind. Sometimes misunderstood in terms of who can join, what they provide, and even how advanced their services are, these member-owned financial cooperatives are gems for those who discover them. Greater Nevada Credit Union, here for everyone in Nevada, is a good example of how beneficial membership can be.
 

Evaluating your auto insurance, required for all Nevada drivers, is a good way to determine if you have the right coverage. However, understanding the different terms and how they apply can be confusing, so let’s take a look at the most common ones:

CONSIDER THIS:  The “American Dream” once meant you grow up, get a job, and buy a home. These days, however, that version of the “American Dream” is no longer a universal idea—particularly the part about buying a home.