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When Could Women Open a Bank Account?(Historical Timeline)

When Could Women Open a Bank Account?(Historical Timeline)

Skip to the contentAre you wondering when could women open a bank account? Women’s right to open a bank account only began in the 1960s. It took another decade before they were able to have their own credit. Their access to banking and other financial services was a decades-long process. In this article, let’s take a look back at the history of women’s fight for financial inclusion.Here’s a quick look at women’s progress from limited access to financial services to the current state of affairs in the modern day. Under coverture, a legal doctrine, American women were not...

March 2, 2023
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25+ Student Loan Debt Statistics | 2023 Update

25+ Student Loan Debt Statistics | 2023 Update

Skip to the contentCollege debt is one of the most serious financial issues Americans have been struggling with for the past two decades. Student loan debt statistics show that in Q2 2022, Americans owe $1.75 trillion, but it grew to $1.76 trillion in the last quarter of 2022. Even with all the financial aid, grants, and sponsorships, student debt continues to grow every year.What is the average college debt in the United States? How many Americans leave college with loan debt? What are the states that struggle with college loan debt the most? Discover these and many other shocking stats...

January 29, 2021
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Life Insurance Statistics - 2023 Update | Balancing Everything

Life Insurance Statistics - 2023 Update | Balancing Everything

Skip to the contentInvesting in life insurance as early as possible gets you the best price and the highest benefits. The latest life insurance statistics, however, show that most people fail to understand the importance of this coverage. Nearly half of all Americans have no life insurance, and most of them overestimate the costs of this investment.Are you among the people without life coverage? Would you like to discover the average policy costs and the total value of premiums? Just scroll down to find the most important statistics on the global and American life insurance industries.The...

January 30, 2021
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Insurance Fraud Statistics | Balancing Everything

Insurance Fraud Statistics | Balancing Everything

Skip to the contentInsurance can be an amazing tool to protect your assets and integrity. Unfortunately, given the nature of this type of contract, abuse and fraud are fairly common. That’s why we prepared a list of insurance fraud statistics to show you the dark side of this industry. Read on to stay in the loop of the most common schemes and cons people apply to take advantage of the insurance system at home and abroad.FBI estimates place the cost of non-health insurance fraud at $40 billion per year. To put things into perspective, this means that each American family loses between $400...

October 3, 2021
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24+ Cash vs Credit Card Spending Statistics | Balancing Everything

24+ Cash vs Credit Card Spending Statistics | Balancing Everything

Skip to the contentWhile still commonly used, cash is slowly giving way to credit cards and other digital payment methods. To keep track of this trend, we made a list of the most essential cash vs credit card spending statistics. Usage of cash in the United States, for example, dropped between 2016 and 2020, with the trend exacerbated by the COVID-19 pandemic. Americans mostly use this method for small purchases, while credit cards are the top choice for online shopping. Spending less money is the main benefit of using cash, while cards are more convenient and considered a safer choice...

February 5, 2021
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Florence Desiata

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