Managing Editor & Lead Researcher, Consumer Banking Data
Editorial Policy: no secondary statistics. Every claim is linked to an official source and dated — datasets and methods are open for review.
Denis Goncharenko oversees Bromoney's editorial and research work on U.S. personal finance. He builds data studies from primary federal sources — FDIC Summary of Deposits, the NY Fed Household Debt and Credit Report, Federal Reserve G.19, the Survey of Consumer Finances, HMDA, and CFPB complaint data — and translates federal and state lending rules, APR mechanics, and credit scoring into guides consumers can act on. His current study compares FDIC office records for June 2020 and June 2025 across all 50 states and D.C. Every Bromoney study is published with its dataset, an executed notebook, a methods note, and a claim-level evidence ledger, so any figure can be traced back to its source. Denis reviews financial claims across the site and can provide state-, metro-, or county-level breakdowns to journalists and researchers on request. Published studies: Bank Branch Closures by State (Aug 2026)
A six-month documented case study comparing the 50/30/20 rule and zero-based budgeting – with real numbers, behavioral shifts, and an honest verdict on which method delivers more control.
Learn why loans get denied, how to read adverse action letters, and actionable steps to improve approval odds.
Learn how installment loans for bad credit work, their advantages and risks, and how to compare offers safely.
Freelancers, contractors, and seasonal workers need a budgeting system built for income swings – not stable paychecks. This guide shows how to combine 50/30/20 and zero-based budgeting into a hybrid approach anchored by a Minimum Base Income and a seasonal reserve fund.
Compare online lenders, banks, and credit unions to find the best bad credit personal loan based on speed, cost, and approval odds.
Understanding the difference between prequalification, preapproval, and application can protect your credit score and help you shop for loans safely.
Bad credit makes borrowing harder but not impossible. Learn the step-by-step process to secure a personal loan with bad credit.
Learn how lenders evaluate personal loan applications with bad credit beyond just credit scores, including income verification and DTI.
Learn which documents lenders require for personal loan approval and how to prepare a complete verification packet.
Understanding the distinction between direct lenders, brokers, and marketplaces changes the entire risk profile of your loan search.
Understanding how collateral transforms personal loan approval, pricing, and risk—and when each loan type makes sense for your situation.
Financial habits form before age 7 – and 82% of adults wish they had learned to budget earlier. Here's a research-backed, age-by-age guide to teaching kids money skills that actually stick.
A practical, step-by-step guide to building a family budget that sticks – covering income calculation, expense tracking, budgeting methods, sinking funds, financial goals, and the tools that make it all work together.
52% of Americans use no budgeting tool at all. Among those who do, apps and spreadsheets split the market in ways most fintech coverage gets wrong. Here's what US families actually use in 2026 – and how to pick the right setup for your household.
Percentage budgets assume the number is the same every month - freelance and gig income never is. The mechanism that breaks the math, why averaging hides the problem until it doesn't, and how to budget from your lowest month instead of your average one.
A build, not just an explainer: the three-tab spreadsheet layout, the exact SUMIF and zero-check formulas for Excel or Google Sheets, the YNAB equivalent, and the month-end reset - so the leftover reads zero every month, not just the first one.
USDA grocery plans, Census income data, and BLS spending categories for a real family of four - with every derived number labeled as ours, not the government's, so you can check your own budget against the actual math instead of a guess.
The 50/30/20 rule has a precise origin: a 2005 book, two co-authors, and decades of bankruptcy research compressed into three numbers. Here's where it came from, what the data behind it actually says, and why the percentages are under pressure in 2026.
58% of U.S. households live paycheck to paycheck – not because they don't budget, but because they picked the wrong system. This guide breaks down the 50/30/20 rule and zero-based budgeting side by side, with real dollar examples for a family of four, so you can choose the method that actually fits your income and goals.
Understanding loan math helps bad credit borrowers avoid traps hidden in low monthly payments and long terms.
Understanding the critical differences between payday and installment loans can help you avoid costly debt traps and make safer borrowing decisions.
Living together means merging two financial lives – different habits, different priorities, and different definitions of 'too expensive.' This guide walks you through every stage of couples budgeting: the first honest money conversation, choosing a model that fits your income split, splitting expenses fairly, picking the right tools, and building shared goals you'll actually hit.
Mixing one-time and recurring expenses in a single budget category is the most common structural error in personal finance – and it silently breaks every downstream decision. Here's how to separate them, why it matters, and what to do with each type.
Hidden fees in bad credit loans often cost more than the interest rate itself. Learn how to spot them.
Discover how APR, fees, and repayment terms shape bad credit loan costs and learn to compare offers effectively.
Understanding risk-based pricing, debunking myths, and setting realistic expectations for low-cost loans with poor credit.
Learn how bad credit loan scams work and how to identify advance-fee fraud, fake guarantees, and impersonation tactics.
Learn exactly how debt consolidation works, what happens behind the scenes, and whether it improves your financial situation.
Learn the key differences between paying creditors yourself and direct pay consolidation to choose the safest debt consolidation method.
Learn how to match bad credit loans to your specific goal and avoid scams with expert verification strategies.
Discover why APR reveals the true cost of borrowing better than interest rates alone, especially for bad credit loans.
Compare secured and unsecured debt consolidation loans to understand collateral risks, approval odds, rates, and which option protects your financial future.
Easy approval rarely signals low risk for borrowers—it signals low risk for lenders through higher costs and stricter terms.
Learn how balance transfer cards with 0% APR can help consolidate debt, reduce interest costs, and accelerate repayment.
Debt consolidation works when it improves repayment structure, lowers costs, and fits your budget and behavior.
Learn how to stress test your budget before borrowing to avoid financial instability and debt traps.
Test three critical factors before consolidating debt: affordability, timeline, and lower APR to ensure real financial improvement.
Compare four debt consolidation options to find the right balance between cost, risk, and flexibility for your situation.
A lower monthly payment can feel like relief, but extending repayment terms often increases total interest costs significantly.
The envelope system is one of the oldest cash budgeting methods – and in 2026, it's back. Learn how cash stuffing works, what the behavioral science says, and whether physical envelopes still beat digital spending tools.
Joe Dominguez retired at 31 from Wall Street with $70,000 and a philosophy. Vicki Robin turned that philosophy into a nine-step program that sold 1.5 million copies and became the intellectual foundation of the FIRE movement. Here is how it happened.
About 15% of active budgeters use the envelope method – 11% go digital, only 4% stick with cash. This guide breaks down exactly how each system works, where each one fails, and how to pick the one that fits how you actually spend money.
A family earning $40,000–$60,000 a year sits well below the $83,730 U.S. median household income – but a structured budget makes financial stability achievable. This guide breaks down every major spending category by percentage and dollar amount, with sample monthly templates for three income levels and a prioritized savings and debt-payoff sequence built for 2026 tax parameters.
The envelope method feels like control. But in reviewing household budgets, the same pattern keeps appearing: people who follow their envelopes religiously and still end up in financial crisis. Here's why the envelopes were full while the financial picture was not.
Learn the real difference between refinancing and debt consolidation to choose the right strategy for your financial situation.
No SSN, no credit history, no bank account – the envelope budgeting method gives undocumented workers full control over their cash income. This guide covers every practical step, from setting up your first envelopes to building toward long-term financial stability.
Every time you hand over a $20 bill, your brain fires a faint signal of discomfort that never triggers when you tap your phone. That friction is disappearing – and it's costing you more than you think. Here's what the neuroscience actually says.
Compare debt consolidation options including personal loans, balance transfers, home equity, and debt management plans to find your best path.
A practical guide to choosing between a 50/50 expense split and a proportional income split, with examples, tradeoffs, and conversation tips for couples.
Hidden debt and secret accounts are common forms of financial infidelity. Learn the signs, legal risks, and practical steps to protect your finances.
National 2025 medians for assisted living, nursing homes, in-home aides and adult day care, why Medicare will not cover long-term care, the real odds a parent will need it, and how to build the cost into a family budget - every figure sourced and dated.
FDIC office records fell 10.4% between June 2020 and June 2025, and every state and Washington, DC, ended lower. See the state ranking, what a statewide count cannot show, the federal notice rules, and a six-step checklist for customers whose branch is closing.
Federal childcare price data by care type, age, and state, why the 7% affordability cap ended in July 2026, and the four-step math to turn national ranges into your own share of income - plus what the child care tax credit and dependent care FSA are worth in 2025-2026.
