Personal Finance
During a financial challenge, a hardship loan may be an option you should explore. A hardship loan can be any money that is borrowed during difficult times, including a personal loan, equity financing, or a loan from a family member or friend. There are safe ways to borrow; however, taking on debt may add to […]
Put simply, a 401(k) plan is an employer-sponsored retirement savings plan. Through these plans, you can save money towards retirement on a tax-deferred basis, which means you don’t pay federal or state income taxes on your savings or their investment earnings, until you withdraw the money at retirement. Since most people’s taxable income is lower […]
There are a lot of people who choose electric vehicles solely because they are better for the environment than the alternatives. Although electric cars can save oil and reduce carbon dioxide emissions, they will not change the future significantly as far as oil use or greenhouse gas emissions are concerned. Almost all of the world’s […]
Applying for a credit card can be a scary process. The greatest challenge comes not from making the wrong decision, but from being unaware of all the information. Then you must take into consideration all the different credit card companies and all the different rewards they offer. Choosing a credit card can quickly become overwhelming. […]
It is said that the only things that are certain in life are death and taxes. But debt should be added to that list, especially considering how many Americans spend their entire lives mired in high amounts of debt due to mortgages, car payments, credit cards and student loans. The average American owes $90,500. If […]
Social Security soon will not be able to pay full benefits. That’s because starting in 2010, a full decade ago, the payroll tax was not enough to cover payments in the future. The big question then becomes, how long will the fund last? As of now, the fund is expected to run out sometime between […]
Credit card debt consolidation is a strategy that takes numerous credit card balances and combines them into one, easy-to-manage monthly payment. Consolidating credit card debt may be a good option if the new debt has a lower APR than your current credit card rates. By consolidating debt, consumers can achieve a lower interest rate, make […]
Gold is a time-tested safe haven investment that usually attracts the attention of investors during an economic downturn. While the traditional approach has been to buy physical gold and wait for its value to increase, nowadays you have more options to make money with the yellow metal. Here are four ways to make money with […]
In recent years, remote work has become increasingly popular, allowing individuals to work from anywhere in the world, and enjoy the freedom and flexibility of choosing their own location. This newfound flexibility has given rise to the digital nomad lifestyle, where people can travel and work at the same time. If you’re looking to join […]
Unemployment and scarce job opportunities are becoming continuous economic problems in the United States since the pandemic struck. As of December 4, the latest Bureau and Labor Statistics report on unemployment show that 10.7 million Americans are unemployed. That estimate follows federal guidelines and it may well be a lot higher. The latest round of […]
