Personal Finance
It’s easy to get into the habit of using a credit card during your shopping. However, the successful use of credit cards requires appropriate planning so that you don’t end up with stacks of low-interest debt due to excessive spending. As our world transforms into a society without money, try to discipline yourself with your […]
A home safe is a good place to store replaceable items that you may need immediate access to. But home safes are not as secure as safe deposit boxes. For example, a burglar could easily break into your home and open the safe or simply take the safe. It’s far harder to get inside your […]
“Fiduciary” is a funny word. You may have never heard of it until now, but you may actually have had a fiduciary in your life. More importantly, you may wish you had a fiduciary in your life. Fiduciary is a term that applies to financial advisors. The definition states that a fiduciary always acts in […]
The average American spends up to 10 percent of their disposable income on food, according to the USDA. Things are likely different due to the coronavirus, but the typical divide is between food at home (4.9 percent) and food outside of the home (4.6 percent). Income spent on food has dropped from 17 percent back […]
In today’s electronic world, where everyone having a computer at home and a smart device in their hand, managing your budget can be simple. Here are some of the best budgeting apps out there that will help you track every dollar you spend. Some of the apps are simple in that track your spending and […]
Inflation means that the purchasing power has decreased. This necessitates putting more money to buy the same services and goods now than was required in the past. Inflation thus makes budgeting particularly difficult for individuals living on fixed incomes or trying to save for retirement. Understand inflation’s effect on your money long-term Money you won’t […]
You don’t think look old enough yet but, in reality, the day is right around the corner when you can actually begin to take Social Security benefits. That day is when you turn 62. But that day is very likely that is not the day you want to alert Social Security that you are ready […]
Are you an investor that is socially conscious, “green” or ethical? Someone who wants to make sure your investment goes into a company that makes a difference? If you are one of these types of investors, you may want to explore socially responsible investing (SRI). Finding socially responsible stocks can be challenging. There are quite […]
As the U.S. economy continues to consolidate and improve, now is the best time to get a handle on your personal finances and work toward achieving financial freedom. Many people fail to meet the goal of financial freedom because of poor budgeting, uncontrolled spending and crushing debt. Here are 10 strategies to get your financial […]
When someone uses your personal information without permission to open an account or access your financial records, that’s identity theft, and it’s a serious crime. The identity thief may use your information to apply for credit, file taxes, or get medical services. These acts can damage your credit status and cost you time and money […]
