Millennials Have Goals, But Lack Comprehensive Financial Plan

Karen White Uncategorized 1 Comment

76% of respondents would utilize online solutions for advice Nashville, Tenn., April 7, 2015 — iQuantifi, a RoboPlanner that provides comprehensive, goal-based financial planning and investment advice through financial institutions to millennials and young families, announced today the results of its first annual survey on the financial habits of millennials. The study found that while almost three quarters (72%) set financial goals, …

Could You Handle a Financially Stressful Situation?

Karen White Uncategorized 0 Comments

After the financial crisis of 2008, the word “stress test” popped up on the radar. Regulators like the Federal Reserve and the European Central Bank started conducting high-profile stress tests of big banks to get an idea of how well these banks could handle economic stress. When it comes to your own family finances, you should consider a stress test …

Understanding the Pros and Cons of For-Profit Colleges

Karen White Uncategorized 0 Comments

While there has been some thought about the power of a college education, there is no mistaking the necessity of one to obtain a higher-paying job. In a recent Pew Research study, it shows Millennials who have a college degree earn on average $17,500 more per year than those with just a high-school diploma. They also earn $15,500 more than …

iQuantifi’s Planning Technology Recognized with Bank Innovation Win and Selection to Plug and Play Accelerator

Karen White Uncategorized 0 Comments

Nashville, Tenn., March 5, 2015  — iQuantifi, a virtual financial advisor that enables banks and other financial institutions to provide automated, personalized and comprehensive financial advice, today announced it was voted Best in Show at the Bank Innovation 2015 DEMOvation Challenge and was also selected to participate in Plug and Play’s FinTech Accelerator program. Bank Innovation 2015 showcased innovations in …

Its Tax Season! Which Documents Stay and Which Can Go?

Karen White Uncategorized 0 Comments

Documents You Should Keep One area many people struggle with when it comes to taxes is which documents should they keep and what should they dispose of. We’re here to make this a little easier and share with you what should stay and what can go!  Let’s start with the documents you should keep. Medical Expenses Often forgotten are medical expenses …

Should You Ever Co-Sign or Get a Co-Signer?

Karen White Uncategorized 0 Comments

With our consumer focus on credit, it should be no surprise that a good credit score is a must for anyone. Good credit scores are necessary for loans, but they can also help with lower insurance rates, rental applications, and even employment. Good credit provides more opportunities than bad credit. So, what do you do when your credit is less …

How to Teach Kids About Money

Karen White Uncategorized 0 Comments

Teaching your child(ren) about money can be one of the most loving things you can do as a parent. If you want to begin introducing money matters to your child but aren’t sure where to begin, the following tips should help you get started. There Is No Set Age To Start There is no set age as to when you …

What You Need to Know About Preparing for Tax Season

Becca Melton Uncategorized 0 Comments

Are you prepared for tax season? The IRS is officially “open for business” and that means that it’s time for you to start thinking about where you’re at with your own taxes. If you want to pay as little as possible (or get a bigger refund) the key is being properly prepared. Without the right preparation, you will be scrambling …

Five Tips on Getting Your New Place

Karen White Uncategorized 0 Comments

It’s every Millennial’s dream to find their first home after college. Unfortunately, many Millennials are forced to move back in with their parents when they graduate college until they can save enough money for their own place. According to a new study by the Federal Reserve, 36 percent of young adults are living at home with their parents. While this …

Bank or Credit Union? Which is Best for You

Karen White Uncategorized 0 Comments

The ongoing conversation on which is better “a bank or a credit union” often leads into a “banks versus credit union” debate. The reality is that banks and credit unions are quite similar in their product offerings and services.  The main differences are in the ownership and profit motives. Credit unions are not-for-profit financial cooperatives governed by an unpaid volunteer …