Personal Finance
One of the most expensive things you may ever pay for in life is medical care. The average American spends about $7,000 annually on their prescription medications. In the third quarter of 2018 alone the top 14 pharmaceutical companies made nearly $30 billion in profits. If you are suffering from more serious or ultra-rare medical conditions […]
Your home is more than just walls and a roof. It is a considerable investment. For some Americans, it will be the most significant investment they ever make. Because it is such a large investment, homeowners must purchase homeowner’s insurance that is right for their home, location, and budget situation. When searching for a homeowner’s […]
In general, electric vehicles (EVs) are becoming increasingly cost-competitive with conventional gasoline vehicles. It’s worth noting that there are some factors that can make EVs more expensive to own, such as the higher upfront cost of purchasing an EV compared to a gasoline vehicle and the cost of installing a home charging station. In general, […]
If you don’t know how to watch your money carefully, being a millionaire can be an overrated experience. You have to be financially disciplined, weed out needy friends, and beware strangers. Here are four reasons being a millionaire is stressful. Time sacrifices No one becomes a millionaire or billionaire by accident unless they are born […]
Identifying and determining what exactly makes some people more financially successful than others is quite difficult. A variety of elements need to come together in the right mix and at the right time for someone to become super rich. Where we are born, our upbringing, sheer luck — all these factors combine to make someone […]
Prefabricated, modular houses and so-called “tiny houses” are big business at the moment. A modular house is like a traditional home but made in a factory. The same goes with tiny houses, which are miniaturized versions of a full-sized home. Kit homes have a long history, dating back to the days of Sears mail-order home. […]
Individual retirement accounts (IRAs) are an excellent investment option for people who are looking to save up for retirement. Contrary to what some people think, IRAs are not just meant for adults with full-time jobs. Anyone who is younger than the age of 70½ (which includes children) and is earning an income can contribute to an […]
Older adults lose an estimated $3 billion or more to financial fraud every year in the United States, and that number is almost certainly an undercount. Many victims never report what happened out of embarrassment or because they don’t realize they’ve been deceived until long after the damage is done. The people behind these schemes […]
Finding a new job after a certain age, especially when you are in your late 50s, can prove to be quite challenging. Older workers have a lower unemployment rate than younger workers, but they also find it difficult to land new positions once they have been out of work for some time. An AARP analysis […]
The bane of consumerism is that people voluntarily buy things that they don’t need or want for its own sake. By some estimates nearly 80% of American consumers buy some products on an impulsive whim, products or things that they will use once or twice or regret buying moments after purchase. Consumer purchases should always […]
