Robert Tseng - How Money Works Educator

Financial Compatibility - The Hidden Key to a Healthy Relationship

When we think about what makes a relationship work, we often focus on shared interests, values, or life goals. But there's another important factor that can play a big role in the success of a relationship: financial compatibility. Even though it might not be the first thing you think about when you start dating someone, being financially compatible can make a huge difference in the long run.

To read more... https://howmoneyworks.com/roberttseng/blog/financial-compatibility

Why 42% of Americans Are Underinsured?

September is Life Insurance Awareness Month, and it’s the perfect time to talk about an important issue: the life insurance gap. According to the 2024 Insurance Barometer Study, 42% of Americans—that’s over 102 million adults—know they need more life insurance. This leaves many families unprotected and financially vulnerable. So, why is this gap so large, and what can we do about it?

To read more... https://howmoneyworks.com/roberttseng/blog/bridging-the-life-insurance-gap

Breaking the Chains of Financial Abuse—Why This Issue Demands Our Attention

October is Domestic Violence Awareness Month, a time to shine a light on an often hidden and insidious form of abuse: financial abuse. While physical abuse tends to grab headlines, financial abuse lurks in the shadows, silently trapping victims in dangerous relationships.

Financial abuse is a deliberate tactic used by abusers to gain control and power over their victims. It's estimated that 99% of domestic violence cases also involve financial abuse.1 This abuse takes many forms—restricting access to bank accounts, sabotaging employment or education opportunities, accumulating debt in the victim's name, and ruining credit scores. It's a calculated strategy to keep victims financially dependent and unable to escape.

To read more: https://howmoneyworks.com/roberttseng/blog/breaking-the-chains-of-financial-abuse