Friday, August 21, 2026

Money Matters - Why States Are Warning Homeowners About Misleading Solar Sales


By Josie Garcia, Chief Operating Officer & Vice President of Client Services – Solar Equity Solutions

With electricity prices rising nationwide, the savings promised by solar energy systems have become very attractive to US homeowners. But government officials in a number of states are now warning homeowners that some of the companies offering solar systems aren’t making good on their promises.

In late 2025, the Attorney General of the District of Columbia issued a consumer alert that warned of “predatory practices in the home solar system sales and loan industry.” In April 2026, the Attorney General of Texas launched a major initiative targeting solar energy scams, including investigations into violations of the Deceptive Trade Practices-Consumer Protection Act. And in Florida, the Attorney General recently issued a guide for homeowners called “Scams at a Glance: The Dark Side of Solar.”

A growing number of state officials are warning homeowners about misleading solar sales practices, as the industry has developed a bad reputation for bait-and-switch financing and systems that often fall short of consumer expectations. As NPR recently reported, prosecutors across the US are investigating misleading financing structures and high-pressure sales tactics used by companies to convince consumers to commit to costly solar energy contracts.

The must-have elements that all solar contracts should include

It’s easy to get caught up in a solar energy system sales pitch, especially when salespeople are promising huge savings from a system that can be completely paid for by government tax credits. But homeowners must carefully review contracts to make sure they include certain key elements.

A system overview with detailed specifications is one element that should be included in the contract. Look for information on the panel and inverter brands, size in kilowatts, and expected output. Contracts should also explain the warranties and guarantees for equipment, including performance coverage, installation coverage, and maintenance responsibilities.

Financial responsibilities are another key element homeowners should fully understand before signing a solar contract. Total cost after incentives, escalator clauses, and monthly payments for financed or leased systems are factors that should be included. Contracts should also clearly spell out the financial implications of what-ifs, such as fees charged for early termination or transferability options when the house is sold.

It’s critical not to rush into a solar energy system contract, no matter how immediate the deadline or enticing the deal. Make sure everything is in writing and every line of the contract is understood before anything is signed.

The red flags that typically lead to contract disputes

In addition to looking for must-have elements, homeowners should also scour solar energy system contracts for elements that could lead to contract disputes. As the growing number of legal settlements against solar companies reveals, many contracts include language designed to protect the solar company and not the homeowner.

Vague “savings estimates” with no baseline measurement are one element that can clearly reveal a sketchy contract. Guidance provided by the Attorney General’s Office for the District of Columbia advises consumers to ask salespeople for “a written explanation that describes the total cost of the loan compared to the projected energy savings.” It also recommends that consumers receive a written explanation before signing a contract.

Consumers should watch for performance guarantees that don’t include enforcement mechanisms. If a contract states homeowners will experience 40% savings on their electric bill, for example, it should also include financial recourse for the homeowner if that level of savings is not achieved.

Other contract red flags include:

  • Annual escalators, which can commit homeowners to a 3% to 5% yearly price increase.

  • Early termination fees, which can exceed $15,000.

  • Transfer penalties that affect homeowners or trap them in contracts if they sell their home.

It’s common for homeowners who aren’t on the lookout for problems to be surprised by these issues two to three years in, when they realize the savings they were promised haven’t materialized and their payments keep climbing. At that point, homeowners often learn that cancelling their contract will cost them more than sticking with it.

Key steps to take if you feel you were misled by a solar energy company

While there are steps you can take to exit a solar lease legally, it will require proving that the company that sold you the system failed to meet their obligations. To start the process, gather records that will back up your case, including the original lease contract, payment history, output records, sales papers, marketing materials, and emails and texts exchanged with the company during the sales process.

Your records will allow you to compare the actual benefits of the system with what you were promised. If the savings were overstated or the system produces less power than promised, show the gap with real numbers. You may also be able to get contracts cancelled if the system installation caused roof damage, the tax credits were not what they were promised to be, or key facts were left out of the contract.

The fact that law enforcement officials around the country are drawing attention to problems with solar contracts is encouraging for victims of misrepresentation or predatory practices, but it still doesn’t guarantee that consumer costs will be recovered. If you think you were misled, act fast by gathering proof and starting a conversation with the solar company. If you get resistance, you may need to involve a company that specializes in cancelling unfair solar contracts.


If you’re shopping for a solar contract, carefully review the details of the contract before signing anything. Make sure that must-haves are included and red flags are avoided, or you could find yourself trapped in a contract that costs you more than it saves.

– Josie Garcia is the Chief Operating Officer and Vice President of Client Services at Solar Equity Solutions, where she leads operations and client experience with a strong focus on accountability, collaboration, and homeowner advocacy. Originally from San Jose, California, and now based in Houston, she brings a resilient, solutions-driven approach to helping clients navigate complex and often stressful solar contract issues. Josie is known for prioritizing clear communication, transparency, and trust, and she is committed to building client-first systems that deliver clarity, professionalism, and meaningful results in a legally sensitive industry.

Money Matters - How much should you spend on a car? Follow the 10% rule

By Ray Shefska, CarEdge Co-Founder


If you’ve ever been anxious about car buying, you’re not alone. Vehicle ownership is a major financial commitment. With this in mind, how much of your monthly budget should you spend on a car? Today, we’re going to answer that question with the 10% rule.

You’re likely to find many different opinions on how much you should spend on a car. Truthfully, there is no perfect answer. At the end of the day, you have to make a decision that you feel comfortable with.

That being said, we do have some advice we’d recommend you follow. We’re here to help you learn about the 10% rule, and how it helps you determine how much you should spend on your next car.

Assess your financial situation

First things first, to determine how much you should spend on a car, you need to assess your financial situation. This means auditing your monthly gross income. How much gross (before taxes) income do you make each month?

I say monthly income on purpose, because most car buyers are shopping for a monthly payment that meets their budget. This is as good a time as ever to mention that if you can afford to buy a car in cash, and you intend to keep it for decades, please do that. However, make sure to do it the right way (we go over the details here). Paying cash is the most financially responsible car buying decision you can make.

Having said that, most of us aren’t in a position to pay for a car in cash upfront. If that’s you, then start this exercise by analyzing your monthly gross income.

Write that number down, we’re going to come back to it.

First, ask yourself “why” you need a car

Are you buying a car because you need transport from point “a” to point “b,” or are you getting a car to make a statement?

When I worked at an Acura dealership in the early 2000’s, a customer came in and purchased an Acura RL in the top trim. This was an expensive and luxurious car. The same day this customer took home his new car he came back. Why? Because his wife wanted him to buy a Lexus instead. To her, the Acura didn’t portray the image she wanted to her neighbors.

In this case, the “why” behind purchasing a car was to make a material statement, not to simply get from point “a” to point “b.”

If you’re trying to make a statement, it’s my strong recommendation you figure out a cheaper, more fiscally responsible way to make that statement. Consider buying a watch, a house, a painting … literally anything other than a car. Cars simply lose value too quickly.

Factor in all cost of ownership expenses

Buying a car entails a lot more than making a monthly car payment. Insurance, gas, maintenance, depreciation, the list goes on and on. If you’ve ever owned a car before, you know just how expensive it is. Plus, insurance costs are rising quickly.

That being said, it’s critically important to consider the total cost of ownership when thinking, “How much should I spend on a car?” Your monthly car payment should include:

  • The lease or loan payment

  • Insurance

  • Maintenance

  • Wear and tear

When you factor each of these items into your monthly car payment you see that a $500/mo car payment is actually $1,000/mo. And this is where the 10% comes in. I’ve always advised all of my customers to spend no more than 10% of their gross income on their car.

That means that if you make $60,000 per year ($5,000 per month), you can aim for up to $500 per month to go towards your car payment. That doesn’t mean you can afford any car that has a monthly payment of $500, it means the combined cost of the payment, the insurance, and maintenance all needs to be under 10% of your gross income, or in this example, under $500.

Some personal finance gurus suggest that you can afford to spend much more than 10% of your gross income on a car, and banks will even loan you the money you need to purchase a car so long as your debt to income ratio is below 40%.

The 10% rule isn’t a commandment, it’s simply a suggestion. Spending more than 10% of your monthly gross income on a depreciating asset is a tough pill to swallow, but for some it’s worth it.

Consider leasing instead

If you drive less than the average driver each year, I highly recommend you consider leasing a car instead of buying. This is especially advised for those who prefer to upgrade to a new car every few years or so.

Leasing has some distinct advantages compared to purchasing; mainly, you know exactly what you are signing up for. The cost of depreciation and maintenance are built into the lease, whereas when you buy a car outright neither of those factors are known.

The 10% rule also applies to leasing. For example, if my monthly income is $4,000, then my next Mini Cooper lease should be under $400/month since I’ll have to factor in insurance and gas costs.

Leasing allows for a certain level of cost certainty since most lease terms are in the 24 to 36 month range, and cars are under warranty for most (or all) of that time. Some brands even include free scheduled maintenance during your lease term, essentially making the monthly payment and the cost of fuel and your insurance premium your total car expenses.

Trust me, cost certainty is a huge advantage for drivers. Once you experience it, you’ll wonder how you ever lived without it.

A car is NOT an investment!

Ultimately, how much you spend on a car comes down to how much money you are willing to set aside on a monthly basis. Additionally, always remember that when you buy a car, it will lose value. Vehicles are not investments.

How do you play it smart then? My recommendation is that you follow the 10% rule. It’s fair, it’s reasonable, and it’s not overly constrictive. Plus, when you drive somewhere in your new car, if you follow the 10% rule, you’ll still have some money in your pocket to pay for things when you get there!




Ray Shefska is Co-Founder of CarEdge, a leading consumer platform founded by father-and-son team Ray and Zach Shefska that is dedicated to empowering car shoppers to make confident, informed and financially savvy decisions. The company’s CarEdge Pro subscription service gives car shoppers real-time market insights and an expert AI Car Negotiator agent to make the process simple, easy and fair. It’s premium-level CarEdge Concierge offers buyers a white-glove experience with a dedicated automotive expert who locates, negotiates and secures the best possible deal on your behalf. Both CarEdge tiers help consumers save money, time and hassle. Also with trusted resources that includes hundreds of guides on YouTube, CarEdge is redefining transparency, fairness and value in the automotive industry. Connect with Shefska at www.CarEdge.com or on social media on YouTubeTikTokXFacebook, and Instagram.


Enriching Education - ParentSquare Updates

ParentSquare, the leading family engagement infrastructure for K-12 districts, today announced two ParentSquare Intelligence capabilities arriving for back to school: AI Assistant for Smart Sites and Conversation Starters. Both continue the expansion of ParentSquare Intelligence, the AI and data intelligence layer introduced in March that embeds actionable insights and automation across the company's unified school-home engagement platform.

AI Assistant gives families, staff, and community members instant, self-serve answers directly on a district's website. The assistant lets visitors type a question and receive a direct answer pulled from the district's own site content, including information in PDFs and images that standard search tools cannot see. It supports 190+ languages, so nearly everyone can get answers in their home language. Whether someone is new to the district or just looking for important dates at 9 p.m., they get a fast, accurate answer on the spot instead of waiting until the next morning to call the front office.

Built-in analytics show districts what visitors are actually asking, surfacing content gaps and helping communications teams keep improving the website for both their current community and prospective families. Districts can customize the AI Assistant's name and avatar, or use the default branding out of the box and personalize it later with zero extra lift required.

Conversation Starters help connect school and home by turning everyday classroom updates into meaningful conversations at the dinner table or on the ride home. When a teacher shares a post, ParentSquare Intelligence automatically generates relevant questions based on the content, turning a school update into a real discussion. For a post about a class science experiment, a family might see "What did your class test in the experiment today?" followed by "What surprised you about the results?"

Teachers review the suggested prompts and can edit or remove them before publishing, and families receive them in their preferred language. The questions are open-ended, not quiz questions: a specific starting point for the kind of everyday moment research links to stronger attendance, motivation, and academic outcomes.

"Back to school is when families form their first impression of their school district. These capabilities help districts start the year strong, with clear answers for every family and simple ways to keep the conversation going at home. That is the promise of ParentSquare Intelligence: practical intelligence embedded in the tools schools already use every day," said Anupama Vaid, President and Founder of ParentSquare.

AI Assistant and Conversation Starters join Contactability™ Benchmark, AI Rewrite, and AI Alt Text as part of ParentSquare Intelligence, with additional capabilities across communication, attendance, payments, and websites planned throughout the 2026-2027 school year.

About ParentSquare
ParentSquare is the leading family engagement infrastructure helping K-12 districts nationwide reach every family with an award-winning, all-in-one communication platform. Reaching over 22 million students, ParentSquare helps districts consolidate disconnected tools and outdated communication systems with personalized messaging, websites, forms, payments, attendance solutions, and more, in one easy-to-use platform. With powerful features for achieving 100% contactability, two-way translation into 190+ languages, and purpose-built AI enhancements, ParentSquare empowers districts to invite every family to be involved in their student's education, no matter their home language or the device they use.

Recognized for growth and innovation by Inc. 5000, GSV 150, and more, ParentSquare was founded in 2011 in Santa Barbara, California. Learn more at parentsquare.com


House & Home - Moving Stress Survey

 The housing market has no shortage of hurdles, but new data reveals that the stress of moving may be one of the biggest reasons Americans aren't buying.


A new survey from BPG Inspections takes a closer look at how Americans really feel about the moving process and the hidden pitfalls that come with it.

Key findings include:

• 38% say moving stress alone deters them from buying a new home
• 13% consider moving the most stressful life event, ranking it above divorce, job loss, and having children
• 44% have experienced a moving issue or scam
• 54% have discovered a major issue with their home after moving in

The survey also found that Americans' top anxieties when moving are issues with neighbors (46%), landlord disputes (37%), and noise problems (34%).

View the full report for additional insights.

Fun Freetime - Delta Dental poll: More kids are heading to bed early for the Tooth Fairy

 The Tooth Fairy is winning the bedtime battle—one lost tooth at a time.

In celebration of National Tooth Fairy Day on August 22, Delta Dental released additional findings from its 2026 Original Tooth Fairy Poll®, revealing growing anticipation and curiosity among children as they await a visit from the Tooth Fairy.

One-third of children (33%) go to bed early when expecting a visit from the Tooth Fairy, up significantly from 23% last year. Children's curiosity is also on the rise, with 30% asking to learn more about the Tooth Fairy, compared to 24% in 2025.

Further, the Tooth Fairy sparks positive emotions in children, with half of parents (50%) saying the visit gives their child something to be excited about and 42% reporting that it makes their child feel special.

"A child's first lost tooth is more than a milestone — it's an opportunity to celebrate healthy oral care habits that can last a lifetime," said Gabriella Ferroni, Senior Director, Strategic Communications, Delta Dental Plans Association. "For 28 years, the Delta Dental Original Tooth Fairy Poll® has tracked Tooth Fairy giving trends to highlight how this enduring tradition can spark conversations with children about caring for their smiles."

Additional key findings from the 2026 poll include:

The Tooth Fairy creates meaningful family moments

  • Nearly half of parents (47%) say a Tooth Fairy visit helps maintain family traditions.
  • Approximately 4 in 10 parents (39%) say it creates a memorable bonding moment with their child.

The Tooth Fairy encourages sound oral health habits

  • More than 1 in 3 parents (35%) say the tradition encourages better oral care in their children.
  • Nearly one-third of parents (30%) say good oral health habits influence how much the Tooth Fairy leaves behind.

The Tooth Fairy gives kids a raise

  • The average value of a single lost tooth during the past year increased by 17% from $5.01 to $5.84—marking the first year-over-year increase in Tooth Fairy giving since 2023.
  • About 1 in 3 children (32%) received a physical gift this year, up from 19% in 2025.
  • Since the poll's inception in 1998, the average cash gift left by the Tooth Fairy has surged 349% from $1.30 to $5.84 per tooth.


The value of a lost tooth and the economy
Historically, the Original Tooth Fairy Poll® has typically mirrored the economy's overall direction, tracking with the trends of Standard & Poor's 500 Index (S&P 500). In recent years, however, the value of a lost tooth diverged from this pattern. For the first time since 2022, the poll has realigned with market trends. Over the past year, the average value of a single lost tooth increased 17%, in line with a similar 16% increase in the S&P 500 during the same period.

About the poll
The Original Tooth Fairy Poll® was conducted between Jan. 5, 2026 and Jan. 15, 2026, among 1,000 parents of children ages 6 to 12. The margin of error is +/- 3%.

The January 2025 S&P 500 average was 5,960 and increased to an average of 6,941 for January 2026, consistent with the timing of the Original Tooth Fairy Poll®.

For more information about the Delta Dental-sponsored survey and oral health tips for infants to pre-teen, visit the Original Tooth Fairy Poll®.

About Delta Dental Plans Association
Based in Chicago, Illinois, Delta Dental Plans Association is the not-for-profit national association of the 39 independent Delta Dental companies. Through these companies, Delta Dental is the nation's largest dental benefits provider and offers the country's largest dental network with approximately 151,000 participating dentists. Over the last 16 years, Delta Dental companies and their foundations invested over $2.4 billion to improve the oral and overall health of our communities.

Visit deltadental.com for information on individual dental insurance plans and group dental insurance plans.

SOURCE Delta Dental Plans Association

Thursday, August 20, 2026

Money Matters - Haircare Spending Survey

With the cost of a haircut having risen by nearly 79% over the past two decades, keeping your hair looking its best has become increasingly expensive. The personal-finance company WalletHub today released its updated report on the States Where People Spend the Most & Least on Hair Care.

To identify where hair care is the most and least affordable, WalletHub compared the cost of men's barbershop haircuts and women's beauty salon visits in all 50 states against each state's median household income.
 
Highest % of Income SpentLowest % of Income Spent
1. Arkansas (1.63%)41. Hawaii (1.12%) 
2. North Carolina (1.61%)42. Indiana (1.11%) 
3. Mississippi (1.58%)43. Colorado (1.09%) 
4. New Mexico (1.55%)44. Nevada (1.08%) 
5. Florida (1.51%)45. North Dakota (1.08%) 
6. Kentucky (1.51%)46. Nebraska (1.05%) 
7. Pennsylvania (1.51%)47. Utah (0.98%) 
8. California (1.51%)48. Minnesota (0.98%) 
9. Illinois (1.48%)49. New Jersey (0.97%) 
10. West Virginia (1.48%)50. Virginia (0.89%) 

To view the full report and your state’s rank, please visit:
https://wallethub.com/edu/states-where-people-spend-the-most-least-on-hair-care/156675


“In the most expensive states, it can cost around 1.6% of the median household income for a man and a woman to each get a trim. While that might not seem like an overly high percentage, it’s still a lot when you consider how many other inflated expenses people need to cram into their monthly budgets.”

“Arkansas has the most expensive haircuts relative to what residents earn. Purchasing a men’s barbershop haircut and a women’s shampoo, trim and blow-dry in Arkansas costs an average of $82.66, which is 1.63% of the state’s median monthly household income, the highest percentage in the country. For comparison, the same services would cost Virginia residents just 0.89% of their income – the lowest percentage.”

- Chip Lupo, WalletHub Analyst 
 

Expert Commentary
 
What tips do you have to help people avoid overspending on hair care?
 
“In a beauty industry filled with expensive salon treatments and influencer-driven products, it’s easy to overspend on hair care. But the truth is, healthy, beautiful hair doesn’t require a luxury budget. With thoughtful choices and a little discipline, you can cut costs without compromising results. Many consumers fall into the trap of buying too many products – shampoos, masks, serums – without really understanding what their hair needs. According to recent CivicScience tracking data, an overwhelming majority of traditional salon-goers have shifted their habits, with close to half scaling back salon visits due to rising costs and economic pressures, opting for simpler DIY and at-home care instead. Focusing on a few core products tailored to your hair type can go a long way… You can save significantly by stretching the time between salon visits. Low-maintenance styles, deep conditioning at home, and root touch-up sprays can keep your hair looking fresh without frequent appointments. Choose products that do double duty – like a leave-in conditioner that detangles, hydrates, and protects from heat. Also, small daily choices – like washing less often and using silk pillowcases – can help preserve your style and prevent damage, reducing the need for costly repairs.”
Andrew Burnstine, Ph.D. – Associate Professor, Lynn University
 
“Many people consider hair care a very important part of the human body, thus spending money on hair and hair products is nothing new. One can consider buying products for hair using internet sites, like Amazon, where prices are in some cases lower than in the regular stores. Many producers have their own websites, and if one subscribes to them, they can receive numerous discounts over the time. The same goes for actual hair styles and cuts. For example, Great Clips, a large chain of hair-cut locations, offers discounts to its members.”
Dr. Miren Ivankovic – Professor, Anderson University 
 
 
How important is budgeting when it comes to saving money on hair care?

“Budgeting is crucial for saving money on hair care, as it helps consumers make informed, intentional choices rather than falling victim to impulse purchases or marketing trends. According to recent consumer expenditure studies, personal care and grooming costs remain a significant household line item, with appearance budgets averaging nearly $900 annually and routine hair product expenditures running around $31 per month. Without a clear budget, it’s easy to overspend on salon visits, premium shampoos, and trendy treatments that may not be necessary or effective. One often overlooked strategy for staying within budget is turning to friends or family members who are licensed professionals or experienced in hair and nail care. Many people have someone in their circle who is a skilled stylist, colorist, or nail technician, and leveraging their expertise can result in substantial savings. Whether it’s a trim, a root touch-up, or a deep conditioning treatment, getting help from someone you trust can be far more affordable than repeated salon visits. Establishing a monthly or quarterly hair care budget encourages consumers to prioritize essentials, compare product values, and plan salon appointments more strategically.”
Andrew Burnstine, Ph.D. – Associate Professor, Lynn University
 
“That depends on how much one really cares about their hair and its care. For most males, simple hair cuts and some gels is all it takes. Thus, some budgeting is not that important, but for others, and mainly females, spending on hair care is significant, thus budgeting might be in order. Based on one's income levels, a certain budget should be established, for say, monthly expenditures on hair care.”
Dr. Miren Ivankovic – Professor, Anderson University 
 

How is the current social and economic environment influencing household spending on hair care?

“In today’s uncertain economy, many households are reassessing their everyday spending, including hair care. As prices rise, people are learning to simplify their routines and focus on what truly works for their hair and their budget. Salon visits are becoming less frequent, with more people opting for low-maintenance styles and affordable at-home alternatives. Instead of spending on every new trend or product, consumers are investing in a few reliable essentials – often drugstore finds with clean, effective ingredients. It’s a shift toward quality over quantity and long-term value over short-term indulgence. Another important shift is the growing reliance on family, friends, and cultural traditions. Many people are turning to loved ones for trims, styles, and hair care advice.”
Andrew Burnstine, Ph.D. – Associate Professor, Lynn University
 
“I do not think hair care is a large percent of most individual and family budgets, so inflation or unemployment do not influence those decisions, like buying a car or a house. However, people like to follow the new trends and with social media and constant changes, the demand for new hair products is increasing.”
Dr. Miren Ivankovic – Professor, Anderson University


Tips for Saving Money on Hair Care

  1. Wait an extra week. Hair grows pretty slowly, so chances are waiting one additional week in between haircuts won’t change your appearance that dramatically. Over the course of the year, this could save you the cost of a couple visits.
     
  2. Look for coupons. Your local salon or barbershop might offer coupons on their websites or in local newspapers or ad mailings.
     
  3. Budget properly. When you make your budget, you can set aside money for regular hair maintenance in the “needs” portion of your budget, which comes first, as long as it doesn’t mean you sacrifice anything more essential. However, luxury services such as hair coloring, perms, or other expensive add-ons should be added last when you’re assigning any remaining income for your “wants.” If you can’t afford a luxury service, don’t buy it until you’ve saved enough.
     
  4. Get your hair cut by students. People training to become hair stylists need people to practice on, and student salons can offer much cheaper services than professionals. The caveat is that you might be rolling the dice on how it looks.
     
  5. Cut it yourself. It’ll take some practice to get good, but plenty of people cut and style their own hair. The investment of your time now will pay dividends in the future when you don’t have to pay a barber or hairdresser.

 
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