Take control of your financial future
An investment plan is something that every adult needs. The importance of one cannot be understated - it’s how you can turn a little bit of savings with every paycheck into money that could potentially cover your living expenses for the rest of your life. However, investing isn’t just something that can be done arbitrarily.... Continue Reading →
When it comes to retirement planning, you’ll hear the terms 401(k) and IRA grouped together so often that you might start to believe that they’re the same thing. While it's true that both types of accounts can be a great way to help you save for the future and avoid paying thousands of dollars in... Continue Reading →
Personal finance is a topic that teenagers need to learn as they transition into adulthood. However, as incredibly important as good money habits will be in life, it's not something that’s necessarily properly emphasized during their formative years. In fact, it's been reported that nearly three-quarters of teens (74 percent) lack confidence in their knowledge... Continue Reading →
If you’re thinking about getting into investing but are afraid of losing money, then there’s a special type of security that you may want to consider: ones that pay dividends! Dividends are some of the most highly sought-after types of assets among people who invest and save for retirement. They can add a sense of... Continue Reading →
Many people believe that if they simply earned more that they would be able to better cover their bills and have more money to save. Perhaps this is why as many as 44 percent of Americans now have a side hustle in some form or another. However, did you know that something as simple as... Continue Reading →
As hard as we all try to properly manage our finances, sometimes things happen. You spend more than you probably should have. You receive an unplanned medical bill that insurance didn't cover. Something in your house breaks causing thousands of dollars to repair. In all of these cases, you can go from being "okay" financially... Continue Reading →
If all of the recent turmoil in the banking industry with the failures of major institutions such as Silicon Valley Bank (SVB), Signature Bank, and Credit Suisse has got you worried, then here is something that may put your mind at ease. Just as you’ve got insurance on your home or vehicle in case something... Continue Reading →
If you're considering moving, refinancing your mortgage, or attempting to cash in on the dramatic rise in home prices that's occurred over the past few years, then you may want to pump the breaks. Prospective home shoppers are finding that the overall cost of buying property is substantially more money than it was before the... Continue Reading →
With high inflation becoming stubbornly persistent, the U.S. Federal Reserve has been communicating that high-interest rates might be here to stay for longer than most financial experts previously believed. While that will have some short-term negative effects on business and the stock market, the good news is that this may be a once-in-a-decade opportunity for... Continue Reading →
Does your workplace offer both traditional and Roth-style 401(k) plans? Traditional plans (i.e., money is taken out of your paycheck pre-tax) have been the industry standard for several decades now. However, Roth-style plans (i.e., money that gets saved on a post-tax basis) have become very popular given that they provide accountholders with tax-free income when... Continue Reading →
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