FCTI - Blog

3 Reasons Budget-Conscious People Use Cash

Posted by Rebecca Hellmann on Jan 16, 2020 6:45:00 AM

There are plenty of reasons to swear by your debit card or mobile payments application over hard currency. I don’t know about you, but my favorite restaurants rarely let me pay on pick-up when I order food. And the local grocery delivery and pickup programs don’t accept cash.

Read More

Topics: consumer budgets, money management, household budgets, financial education

Clothing "Deals" Might Be a Budget Breaker

Posted by Rebecca Hellmann on Jan 8, 2020 10:45:00 AM

A pair of jeans for fifteen dollars. A shirt for four. These kinds of prices can be found everywhere, from big box stores to online retailers. Often dubbed “fast fashion,” modern clothing is manufactured with an eye on producing low-cost products at high speed. But making products more quickly means cutting corners in quality that end up costing the consumer.

Read More

Topics: consumer budgets, money management, household budgets, financial education

Why Do We Buy? Self-Awareness to Help Curb Your Spend

Posted by Rebecca Hellmann on Jan 2, 2020 6:45:00 AM

Chances are you’ve purchased something in the past day or so. Even those who claim to dislike shopping are likely to make regular purchases for a variety of reasons. But how often are we buying things we need?

Read More

Topics: consumer budgets, money management, household budgets, financial education

3 Ways You Can Keep Your New Year's Resolution

Posted by Rebecca Hellmann on Dec 26, 2019 6:45:00 AM

It’s the day after Christmas, and we’re in the middle of Chanukah. New Year isn’t until next week. You haven’t even considered what arbitrary, lofty goal you will spout off to family and friends when they ask about your New Year’s Resolution.

Read More

Topics: consumer budgets, money management, household budgets, financial education, holiday stress

Youth Debt is "the New Normal". It Doesn't Have to Be.

Posted by Rebecca Hellmann on Dec 18, 2019 6:45:00 AM

It is a well-known truth that a majority of Millennials (born 1977-1995) struggle with debt. Not including mortgages, the average debt they hold is around $28,000. That money is typically wrapped up in student loans, car loans, and revolving credit card debt.

Read More

Topics: consumer budgets, money management, household budgets, financial education, generation z

Thanksgiving Costs HOW Much?!

Posted by Rebecca Hellmann on Nov 27, 2019 6:45:00 AM

Thanksgiving is often viewed as the beginning of the holiday season. For many Americans, it is both a celebration and the last moment to take a breath before the year-end run of parties, events, and family.

Read More

Topics: consumer budgets, money management, household budgets, financial education

You Can Save Money, Too

Posted by Rebecca Hellmann on Nov 20, 2019 6:45:00 AM

If you are rolling your eyes or huffing in disbelief right now, I'm talking to you. Whether it's five cents or five hundred dollars doesn't matter. Every single time you are put away money is a step toward a better financial future.

Read More

Topics: consumer budgets, money management, household budgets, financial education

Battling Debt and the Scarcity Mindset

Posted by Rebecca Hellmann on Nov 13, 2019 11:12:26 AM

If you feel like your financial woes are wearing you down, you aren’t alone. Economic insecurity consumes a great deal of mental energy and generates large amounts of stress. Both can be physically and cognitively taxing. In short, your money woes are affecting more than your pocketbook. They have a direct impact on your ability to make decisions.

Read More

Topics: consumer budgets, money management, household budgets, financial education

4 Tactics to Getting Your Household On-Board with a Budget

Posted by Rebecca Hellmann on Nov 7, 2019 6:45:00 AM

Are you the spender in your family? If it isn’t you, I bet someone came to mind. For families and large households, staying on a budget takes more than one committed individual. Either the entire group understands and pitches in, or the endeavor as the whole hangs by a thread.

Read More

Topics: consumer budgets, money management, household budgets, financial education

4 Tips for Avoiding Holiday Money Stress

Posted by Rebecca Hellmann on Oct 30, 2019 6:44:39 AM

Halloween is within reach. Thanksgiving has not yet wholly entered consumer consciousness. Yet the local department stores are already loading their parking lots with storage containers and building displays featuring Santa and snowmen. It is only a matter of time before we are overcome by the jaunty tunes of “Jingle Bells,” “Frosty the Snowman,” and other tunes.

But no matter how much one might enjoy what we so affectionately refer to as “The Holidays,” this time of year also brings added financial stress for most Americans.

Read More

Topics: consumer budgets, money management, household budgets, financial education, holiday stress