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Retirement Savings – How do you Compare to Everybody Else?

If you are concerned about your financial future, you are not alone. Many people have heard unpleasant stories about senior citizens running out of money in retirement and being forced back into the workforce in their elderly years or having to move in with their adult children. Such events happen every day, and you understandably… Continue reading Retirement Savings – How do you Compare to Everybody Else?

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Secure your financial future by buying a home

At BMG Money, we care about the long-term financial welfare of our clients. Buying a home is one of the smartest financial decisions a person can make, and yet for some reason, it seems that more and more people are putting off this decision. In the past, it was fairly common for families to buy… Continue reading Secure your financial future by buying a home

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In the battle of Sacramento vs Predatory Lenders – Consumer Education is Key

It’s not the first time, and it certainly won’t be the last. The predatory lenders known as “payday lenders” are going to war against consumer advocates in Sacramento, California. This time, it’s over how to meet the needs of the citizens with financial difficulties that are not being serviced by conventional banks. Most of these… Continue reading In the battle of Sacramento vs Predatory Lenders – Consumer Education is Key

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How financial knowledge drives wealth inequality

One of the leading topics for discussion in the political realm is wealth inequality. Voices like Bernie Sanders argue that greed is the reason for the inequality that’s been growing in American society between the haves and the have nots. Interestingly enough, few people look at the impact that financial knowledge has on this aspect… Continue reading How financial knowledge drives wealth inequality

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BMG Money joins Google in the Fight against Predatory Payday Lenders

Payday loans are short-term loans, generally intended to provide borrowers with cash-in-pocket until their next payday. They are used by many people to cover their expenses. The problem with these companies is that the loans carry a very high interest rate. Therefore, many people end up in more debt than when they started. Payday loans… Continue reading BMG Money joins Google in the Fight against Predatory Payday Lenders