Personal priorities and disposition will naturally influence one's financial ambitions. However, as you progress through life's stages and encounter new economic challenges, your goals will shift. A person in their 20s will have a very different outlook on life than someone in their 60s, and their financial planning needs to reflect this.Read More
There’s always the risk of an economic downturn due to unforeseen circumstances. In the last 15 years alone, we’ve experienced both the Great Recession in 2008 and the effects of COVID-19. However, as the economy recovers, it could mean that we see an acceleration thanks to efforts to return the world to normal.Read More
As a couple, it might seem wise to combine your finances. It makes sense, right? You share a lot of the same expenses. However, you might find it surprising to hear that 20% of people regret merging their bank account with their partner and tend to argue at least once a week about money with their significant other, as stated in this study. Yikes.
You will want to avoid the catastrophic results many couples experience when they make one or more of these five common mistakes. Enjoy peace of mind and financial stability when you avoid these joint account missteps.Read More
Graduating from college is a huge achievement — congrats if you’ve recently received your diploma! However, along with the pomp and circumstance, lay a few more serious responsibilities to pay attention to. That includes your budget.Read More
Learn how to fix your bills and make managing finances easier. The more fixed your expenses are, the better. The more periodic your expenses are, the more financial crises you will likely experience.Read More
What should you do with your coronavirus economic stimulus check?
While every household has its own unique financial situation and needs, options for spending your economic stimulus payment include spending on needs, paying down debts, saving for emergencies and short-term goals, investing for the long-term, and spending on fun and splurges.Read More
How to Prioritize Your Monthly Expenses during Coronavirus Pandemic
During the coronavirus pandemic of 2020, personal and household finances have been thrown into chaos for many individuals and families across the US and beyond. With so many businesses shuttered during the stay-at-home orders in most states, chances are high your own business or employer has made cuts in your hours, your income, or both.Read More
Financial planning can be a tricky topic for newlyweds as they are starting a life together. It’s not easy to move away from the mindset of caring only for your own needs into one of balancing those of another along with it.Read More
Talking to children about money can appear hard. Parents my fear that they are not appropriate role models, or they believe that the money talk can wait until their child is ready to head off to college.Read More
Living at home with your parents definitely has its perks. In addition to saving on rent and food, you also get to spend a lot of time with your loved ones. However, there comes a point in every young person’s life when they must move out and live on their own. This transition can be exciting and scary at the same time; it’s a period of learning and growing.Read More
Employers typically play an authority figure role in the lives of employees. Such credibility, when used properly, can provide employees with important guidance and help in their lives outside of work.Read More