Category: Personal Finance

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Fighting The Insurance Company: 6 Tips On How To Succeed

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Do you ever feel like insurance companies are just out to get you? Do they seem intent on making the process of filing a claim or contesting an amount as difficult as possible? If so, don’t worry. You’re not alone. The truth is that dealing with insurance companies can be tough, but it doesn’t have to be impossible. With these helpful tips outlined in this article, you will learn how to win against your insurance company and save some extra money in the end! 

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3 Simple Ways to Banish Financial Stress

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Stress is a common part of everyday life. We experience it when we’re overwhelmed at work, when we’re dealing with common relationship issues, and even when we’re handling unexpected issues, like illnesses and injuries. However, one of the most common sources of stress is money. Whether you’re worrying about paying your bills, or you’re concerned your income isn’t enough to accommodate the needs of your family, financial stress can cause a lot of strain. 

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Union County Investment Advisor Admits Stealing Client Money to Fund Gambling Habit

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the staff of the Ridgewood blog

Elizabeth NJ, a former investment advisor who stole over $600,000 from his clients to fund his gambling and personal expenses has pleaded guilty, U.S. Attorney Philip R. Sellinger announced today.

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NJ Bureau of Securities Targets Three Sites Offering Engaged in “pig butchering” Crypto Scams

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the staff of the Ridgewood blog

Ridgewood NJ, Attorney General Matthew J. Platkin announced that the Bureau of Securities ordered three website operators involved in cyber scams to stop offering fraudulent cryptocurrency investments in violation of the New Jersey Securities Law. The Bureau urges New Jersey residents to beware of romance and cryptocurrency scams known as “pig butchering” — a common scheme where perpetrators essentially fatten victims up and then swindle them of all their funds.

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‘Get Woke, Go Broke’ Promoting Causes Doesn’t Help Business

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Brands have replaced purpose with pandering and consumers don’t like it

the staff of the Ridgewood blog

Ridgewood NJ, what matters most in business? Quality, say Americans, who don’t care much for companies promoting political causes.

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IRS Issues Tips to Protect Your Wallet, identity this Tax Season

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the staff of the Ridgewood blog

Ridgewood NJ, tax season kicks off January 23, and IRS Criminal Investigation (IRS-CI) reminds U.S. taxpayers to take extra steps to protect their identities and wallets when filing their taxes.

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Fugitive wanted for $100M New Jersey Hometown Deli Fraud Scheme Arrested in Thailand

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the staff of the Ridgewood blog

Paulsboro, NJ,  Hometown Deli is back in the news again with the arrest of  Peter Coker Jr., 54. Coker a fugitive charged over an alleged market manipulation scheme in which a small New Jersey deli mysteriously drew a $100 million valuation was arrested last week in Thailand . Coker had been on the lam since last September, when prosecutors slapped him, his father, Peter Coker Sr., 80, and associate James Patten, 63, with 12 federal charges.

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Survey Finds $11,534 is the 2023 savings goal for the average New Jerseyan

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$11,534 is the 2023 savings goal for the average New Jerseyan, finds survey.

  • This compares to a national average savings goal of $8,082.
  • Nebraskans aim to save the most ($16,093); North Dakotans the least ($1,565).
  • Infographic showing savings goals across America.

the staff of the Ridgewood blog

Ridgewood NJ, as the new year begins, it’s usually the time we start to think about what we want to do, or achieve, over the year ahead, and make some resolutions. Perhaps it’s to lose weight, quit smoking, or even save money – but if what we want is vague, it’s less likely to happen. Indeed, studies that fewer than 25% of people actually stay committed to their resolutions after just 30 days and only 8% accomplish them.

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Consumer Price Index Falls 1% , Suggesting Further Deceleration in Inflation

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raising hopes for FED engineered “soft landing” 

the staff of the Ridgewood blog

Washington DC, (8:33 am) the Consumer Price Index for All Urban Consumers (CPI-U) declined 0.1 percent in December on a seasonally adjusted basis, after increasing 0.1 percent in November, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 6.5 percent before seasonal adjustment. The index for gasoline was by far the largest contributor to the monthly all items decrease, more than offsetting increases in shelter indexes.

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Gold: The Quintessential Investment for the Future

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Gold has been a symbol of wealth and power for centuries, and its investment potential is unparalleled. As an investor, you may be wondering why gold remains the quintessential choice when it comes to building your long-term portfolio. The answer is simple: Gold offers stability and security in times of economic uncertainty. From the dawn of civilization to the modern day, gold has consistently proven itself as a dependable asset that can help protect investors from market volatility. It also holds a unique position within financial markets due to its scarcity; no matter how much money is printed or how many stocks are bought and sold, there will always remain only so much gold on Earth. This makes it particularly attractive for those seeking to build their retirement savings or hedge against inflationary pressures over time.

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Prince Dykes awards $40k in stocks and books to children through Wesley Learns book club drive

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Wesley Learns Book Club is the only literacy program driven to incentivize children in becoming first-time shareholders of stocks
the staff of the Ridgewood blog
Waynesboro GA, Global Children’s Financial Literacy Foundation (GCFL) Co-Founders and Navy veterans, Prince Dykes and Chadrick Davis, launch a kid’s book club that awards $30,000 worth of stocks and books. GCFL Co-founders newest initiative drive focusing on the emergence of practical financial habits beginning in the earlier childhood stage. Based on a children’s financial literacy book series Wesley Learns, inspired by Prince Dykes to teach his son Wesley; the book club program emboldens kids to read financial books that will help develop and strengthen their investment acumen. It requires participants to read three (3) books: Wesley Learns about Credit, Wesley Learns to Invest, and Wesley Learns about Insurance. Upon completion of the program, participants are awarded the opportunity to receive stock options.

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Monmouth County Man Gets 63 Months for $2.8 Million Securities Fraud Scheme

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the staff of the Ridgewood blog

Red Bank NJ, a Monmouth County, man was sentenced to 63 months in prison for committing securities fraud to obtain over $2.8 million from victim investors, U.S. Attorney Philip R. Sellinger announced today.

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Layoffs make Headlines but Companies have Been on a Hiring Spree

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the staff of the Ridgewood blog

Ridgewood NJ, While Amazon, Salesforce and other giants across technology and finance have combined to fire tens of thousands of workers, small and medium-size US businesses have been on a hiring spree. So much so that, according to new data, overall hiring far exceeded expectations in December while applications for jobless benefits fell to a three-month low.

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Hoboken Trader Charged by SEC along with Seven other Social Media Influencers in $100 Million Pump and Dump Scheme

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the staff of the Ridgewood blog

Hoboken NJ,  the Securities and Exchange Commission today announced charges against eight individuals in a $100 million securities fraud scheme in which they used the social media platforms Twitter and Discord to manipulate exchange-traded stocks.

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The Federal Reserve Hikes Rates a 1/2 Point

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the staff of the Ridgewood blog

Washington DC, the Board of Governors of the Federal Reserve System voted unanimously to approve a 1/2 percentage point increase in the primary credit rate to 4.5 percent, effective December 15, 2022.

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