Archives: Consumer Education Resources

Investor Tips and Resources

Investing can be intimidating but can be extremely beneficial in the long run. Building a solid foundation for investing includes having emergency savings, paid off high-interest debt, and goals are determined.

Investor Tips

  • Create a solid financial ground.
  • Determine goals.
  • Learn the basics.
  • Starting small is okay!
  • Don’t be afraid to ask for help.
https://www.nasaa.org/investor-education//
The North American Securities Administrators Association (NASAA) offers investor education tools for investors of all ages.
https://www.investor.gov/
Investor.Gov allows consumers to get an introduction to investing, find financial tools & calculators, learn how to protect your investments, and more.
https://www.investopedia.com/financial-term-dictionary-4769738
Investopedia financial term dictionary covering all things investing.
https://www.finra.org/investors#/
FINRA offers resources for every step in the investment process.

Peer to Peer Payment Apps

two hands with devices syncing to each other

Peer to peer payment apps (P2P) are digital payments between individuals via mobile banking. The funds are transferred directly from one person’s bank account, checking account, credit or debit card, or payment app to another person’s bank account or app.

https://www.uschamber.com/co/run/finance/best-p2p-payment-platforms/
The U.S. Chamber of Commerce offers more information on how to create P2P business accounts and how to use them.
https://www.consumerreports.org/digital-payments/the-truth-about-those-peer-to-peer-payment-apps/
Consumer Reports offers insights on P2P payment apps and things to stay cautious about before using them.
https://www.consumerfinance.gov/about-us/newsroom/consumer-advisory-your-money-is-at-greater-risk-when-you-hold-it-in-a-payment-app-instead-of-moving-it-to-an-account-with-deposit-insurance/
The Consumer Financial Protection Bureau consumer advisory on protecting your money from the non-insured payment apps.
https://www.americanbar.org/groups/gpsolo/publications/gpsolo_ereport/2022/may-2022/tapas-peer-to-peer-payment-apps/
The American Bar Association gives consumers tips for using P2P payment apps and how to use them in a safe way.
https://www.bankrate.com/banking/checking/what-are-p2p-payments/#who-offers-p2p-payments/
This resource gives a deeper explanation about what P2P payment apps are and key takeaways while using them.