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 →
What is Zero-Based Budgeting?
Have you tried budgeting but felt like it wasn’t hitting all of your goals? Traditional methods are intended to help you realize where all your money is going and to get your spending under control. But what if you have bigger aspirations like paying off your debt or saving for retirement? Perhaps what you need... Continue Reading →
How to Build Up an Emergency Fund
What would you do if you suddenly were faced with a major expense like a $1,000+ car repair or the roof started to leak? Or what about if another pandemic were to strike and put you out of work indefinitely? According to a nationwide poll by Bankrate, fewer than 4 in 10 Americans have enough... Continue Reading →
The 10 Biggest Money Mistakes That You’ll Regret Later in Life
When you’re young and getting settled in your career, it can be easy to get your priorities confused. Some people will not take advantage of opportunities that could make them rich later in life. Others will focus too much on how much they’re earning when they should have been more concerned about the things that... Continue Reading →
How Interest Rate Hikes Will Affect Your Credit Card Debt
There's been a lot of talk in the news about the Federal Reserve and its decision to raise interest rates throughout the rest of 2022. While that may sound like something that only affects businesses or people who need a mortgage, it can also impact you personally if you've got any outstanding credit card debt.... Continue Reading →