Are you intimidated by the stock market or buying securities? Don't be ashamed if you feel this way. According to a survey quoted by CNBC, nearly 43 percent of adults are scared of investing, mainly because of the uncertainty about whether or not they’re making the right choices. While this is perfectly understandable, it's also... Continue Reading →
What’s Causing the Price of Everything to Rise?
If you've been noticing your trips to the grocery store cost suddenly cost a lot more, or that the price of gas is much higher than it was 1-2 years ago, you're not alone. As of June 2022, inflation has skyrocketed to 9.1 percent, the highest it’s been since 1981. That's well over the 7... Continue Reading →
Is Better to Earn More or Budget?
Have you ever thought to yourself whether it would be better for your money to earn more or to be more serious about budgeting? Though I’m sure most people would think that their budget would take care of itself if they simply had a higher salary, I think some good arguments could be made either... Continue Reading →
11 Ways Parents Can Plan to Pay for College
Parents who are planning to help put their children through college have a big task on their hands. Not only does the average price of a full year of college in-state and with room and board currently cost approximately $25,487 per year, but they'll also have to balance other competing financial priorities like saving for... Continue Reading →
How to Avoid Impulse Spending
Have you ever noticed how difficult it is to walk into a store and come back out without buying something? Or maybe you find yourself endlessly browsing shopping sites like Amazon, eBay, or your favorite retailer even though there’s nothing you really need. These situations are completely normal. Studies have shown that over 95 percent... Continue Reading →
How Much Should I Be Saving in My 20s?
When you're young and in your 20s, saving your money is the last thing on your mind. For many people, this is the first time they've ever had a professional job and are earning "real money" from something other than a part-time summer job. Their first impulse might be to spend it on something fun... Continue Reading →
How to Protect Your Money When the Markets Crash
Bear markets can be a scary time. Not only are billions of dollars in investments erased by the time the market loses 20 percent (the typical indicator of a bear market), but investors also start to lose confidence in stocks as a whole. That can potentially lead to a recession or even the bankruptcy of... Continue Reading →
7 Reasons Why Financial Education Is So Important
There are many things in life we become experts at. Most of us strive to learn everything we can about our jobs in hopes of advancing our careers. But we also can become experts through our hobbies, interests, and even in our roles as parents, spouses, and friends. Yet, one area that so many people... Continue Reading →
Why an 84-Month Auto Loan is a Bad Idea
Are you thinking about buying a new or used car? If you plan to get a loan to finance your purchase (especially if it’s through the dealership itself), then be careful. Many of them will try to steer you into the longest loan they can … the 84-month loan. For years, a 60-month auto loan... Continue Reading →
5 Reasons Why a 401k Makes Investing So Easy
According to a poll from Insider, nearly a quarter of Americans (24 percent) say they're intimidated to invest because they don't want to lose money. Another 41 percent say they know investing is the right thing to do to prepare for the future, but they're nervous. Who can blame them? Downloading a trading app or... Continue Reading →