Baltimore ranked among worst places in U.S. to retire, WalletHub study

BALTIMORE, MD—With only 27% of workers reporting that they are “very confident” they will have enough money for retirement, the personal-finance website WalletHub today released its report on 2023’s Best & Worst Places to Retire. Baltimore came in near the bottom of the list at No. 173 out of 182 cities ranked.  Tampa, FL came in at No. 1 followed […]

Building Financial Resilience: Strategies for Overcoming Financial Stress

The following is a sponsored post from Freedom Federal Credit Union In today’s fast-paced world, we face many financial challenges as we juggle multiple responsibilities. The constant pressure to earn enough for day-to-day expenses, while remembering to put away money for your financial goals never lets up. To make it even more difficult, life only gets more expensive as time […]

Maryland ranked among top ten best states for teen drivers, WalletHub study

BALTIMORE, MD—With summer being a popular time for teens to get driver’s licenses and an average of eight teens dying every day from motor vehicle injuries, the personal-finance website WalletHub today released its report on 2023’s Best & Worst States for Teen Drivers, as well as expert commentary. Maryland came in at No. 8 on the list.  Oregon was ranked […]

Maryland ranked 18th among states with highest credit card debt, WalletHub study

BALTIMORE, MD—With Americans having increased their collective credit card debt by a record $179.4 billion last year, and the grand total at over $1.1 trillion, the personal-finance website WalletHub this week released its report on the States with the Highest & Lowest Credit Card Debts. Maryland came in at No. 18 on the list.  Alaska was the state with the […]

NOW YOU KNOW: The 529 Savings Plan Debacle and how Marylanders can Regain Trust

The following is an op-ed piece from Delegates Kathy Szeliga and Ryan Nawrocki. During the 2023 Legislative Session, constituents regularly reached out to us on many hot-button issues to share their concerns, opinions, and frustrations – but nothing took up more time and energy than those parents whose Maryland 529 Savings Account Plans became seemingly useless. Many parents were stranded […]

Maryland ranked among 2023’s 15 Most Independent States, WalletHub report

BALTIMORE, MD—With Independence Day right around the corner and high inflation threatening Americans’ financial independence, the personal-finance website WalletHub this week released its report on 2023’s Most Independent States. Maryland came in at No. 15 on the list, with Utah leading the pack at No. 1.  Maryland was also previously named one of the most patriotic states in the U.S. […]

New Inflation Tracker: Cost of Maryland’s basics rising faster than CPI

BALTIMORE, MD—The cost of household essentials in Maryland has risen at a faster clip than inflation, leaving low-wage workers priced out of affording the basics, according to United Way of Maryland and research partner, United For ALICE. Over the course of 15 years, low-wage jobs didn’t keep up with the increased cost of essentials. Workers in retail sales, the most […]