Eric Nelson

Every year in the United States, the number of unhoused people increases. The COVID-19 pandemic and the housing crisis have only exacerbated this problem further. To shed some light, here are some important facts about homelessness in America:
Over half a million people in the USA are experiencing homelessness. (policyadvice.net)
According to ‘World Population Review’, California has the highest homeless population (151,278) while Wyoming has the lowest (548).
The top four causes of homelessn...

There is a growing amount of research being done on the mental health crisis going on in the United States. Unsurprisingly, the lack of affordable and widely available mental health counselors match the growing issue of healthcare accessibility in the country. This issue particularly impacts people who do not have health insurance and bears the greatest impact on people of color.
If you’re someone struggling with your mental health and do not have immediate access to a licensed professional, ...

Saving money is hard. Really hard. Depending on your unique situation, saving money can feel impossible. With some strategies in place, saving money each month doesn’t have to be so anxiety-inducing. Financial expert Eric Nelson shares his thoughts on four easy savings tips for people living on a strict budget.
Use cash, not plastic
Many people are able to receive their paychecks through direct deposits directly into their bank accounts. This is convenient for our fast-paced consumer lifestyl...

Both the current and former administrations have extended student loan forbearance for borrowers until September 30. There has been talks of widespread student debt cancellation for all borrowers, but that will not be the focus of this blog post until more information is available. Many borrowers are still struggling to prepare for student loan repayment, and financial expert Eric Nelson is here to provide a roadmap of what to expect.
First things first, consider refinancing any non-subsidize...

This question comes top-of-mind for a lot of people trying to take control of their finances, and financial expert Eric Nelson is here to weigh-in on the matter. Loyalty programs are great for individuals who frequently use a specific service, whether it be frequent traveling, beauty purchases, and more. Most loyalty programs have a tiered system of gaining points which can then be used as either dollars off a next purchase or a discount of some kind.
The truth is, you want to sign up for loy...

Principal broker Eric Nelson is an expert in the financial services industry, and he understands that it can be tough to educate and also convince people to invest in intangible assets that one day will help them.
Life insurance is a great example of this. It’s not something people like to think about, but we all know sometimes life doesn’t always go as planned, so it’s better to be protected in case of an emergency than blindsided by unexpected costs. You might think health insurance is enou...

Yesterday marked exactly one year since George Floyd’s murder, which has stirred up many emotions for people across the country, signifiying a time for reflecting on where we’ve come since last year. Supporters, family members, and protestors all across the country came together in a show of support yesterday, making sure that Floyd will always be remembered.
While Derek Chauvin, the officer who killed Floyd, was charged with third-degree murder and second-degree manslaughter, many speculate ...

It’s true that access to financial literacy resources is becoming less and less accessible to many Americans. Many people make the mistake of thinking either, “I don’t have to worry about this right now,” or, “I’ll have it all figured out by then,” but when will that time be?
What if there are some simple steps you could be taking right now to save you hundreds or even thousands of dollars each year? I’d certainly want to know this information. Below, Eric Nelson shares some free resources to...

Derek Chauvin, the former police officer who mercilessly murdered George Floyd in public, has been determined guilty of all charges posed against him. But social justice advocates, like Eric Nelson, say this win of justice is only part of the battle. The George Floyd Justice in Policing Act is the next step in the fight for reform.
What is the George Floyd Justice in Policing Act?
This Act was initially proposed last summer; but despite clearing the House, the Act proposal failed to win over ...

Life insurance: for some, it’s not on the radar at all. For others, it is a regular expense, just like paying for health or car insurance. But no matter how you slice it, life insurance can be incredibly important for your family, down the line… even in unexpected situations.
Insurance expert, Eric Nelson, shares some considerations when you shop for a life insurance policy:
Buy insurance when you’re young
It is imperative that you buy your life insurance while you are young. Why? Because you...

The NAACP kicked off the start of the organization’s annual Image Awards on Monday, March 22, 2021. Proud NAACP member and supporter, Eric Nelson shares a list of the winning pieces.
Due to the Covid pandemic, the 52nd NAACP Image Awards look a bit different this year. Rather than the customary televised ceremony, the awards will be presented virtually. Among the winners during the first installment of the week-long celebration, the honors were awarded to the following:
Outstanding Literary W...

Did you have to evacuate your home for your own safety during the recent winter storm? If the blizzard disrupted your residence, your insurance might cover the costs!
Texans were hit with what some may have assumed to be unthinkable. A blizzard ravaging through the Lone Star State seemed like something out of a dark and twisted SciFi flick. And yet… it happened. Now, many homeowners are scrambling to grasp something they never imagined having to deal with down south.
Will my insurance cover w...

The CW’s hit series, Charmed, is back! According to leading lady, Madeleine Mantock, the show will delve deeper into its representation of social justice issues in the upcoming season.
In advocate, Eric Nelson’s point of view, raising awareness of social justice concepts is crucial. The entertainment industry has a particularly large platform to spread such messages. Recently, stories in tv and film have worked as major sounding boards for social justice issues. The CW’s series, Charmed, will...

Temporary auto insurance… for some it’s a myth, for others it’s a legend. For Eric Nelson, Insurance and Financial Services Expert, it’s a complicated matter.
In short, temporary car insurance is what it sounds to be: auto insurance that is temporary. Typically, insurers will use this as bait to draw customers in with the promise of 7 day, 14 day or even 30 day ‘temporary’ insurance. However, the reality is that this is often a hook, that involves an almost immediate transition into a 6 month...