Personal Finance
The only thing harder than buying a home might be keeping it. That’s why the argument to rent vs buy a home is so complicated. Owning a home is the American dream, but it can be more of an incredible responsibility. Most new homeowners do not consider the enormous monetary, maintenance, and time costs that […]
Home solar is becoming a reality for many Americans, not just a hobby for the rich. In fact, California just mandated home solar for all new construction in the state. Everyday energy consumption is what drives most to consider home solar energy generation. What could be better than taking control of your own energy costs, […]
Technology and automation, particularly artificial intelligence, means there are jobs that will disappear due to automation. By 2030, well over 1 million American jobs from all strata of industry may disappear, say experts. That’s why some politicians are already talking about universal basic income as a way to help people whose livelihoods are made obsolete […]
Credit cards have become an integral part of our financial lives, offering convenience, rewards, and the opportunity to build a strong credit history. If you have an older credit card that you no longer use frequently, you may wonder whether it’s necessary to keep it active. In this blog post, we’ll discuss the compelling reasons […]
An estate plan exists to accomplish three things. Preserving your accumulated wealth should be your first priority. The second goal is to specify who will inherit your assets after your death. The third goal is to indicate who will make health care and financial decisions on your behalf if you are unable. As you age, […]
The type of car you drive says a lot about you. It can tell everyone within eyesight that you are horrible at financial planning. There are many financial considerations you should make before buying a new car. It could cost you a lot more money in the long run not doing so. Fuel economy Before […]
In the vast landscape of investment choices, the debate between value stocks and growth stocks often takes center stage. In this article, we’ll unravel the nuances of value stocks and growth stocks, empowering you to make informed investment decisions that resonate with your aspirations. Steady foundation Value stocks are those of companies whose shares trading […]
Many investors believe that real estate investment trusts (REITs) are similar to bonds and hence should be avoided during times when interest rates are rising. However, the data simply does not support this belief. Refer to the results of a recent study shown below that spans twenty years done by REIT guru Cohen & Steers. […]
A rising interest rate penalized savers, especially retirees who rely on safe, reliable incomes. As they rise, savers will see modest gains on their cash deposited in money market accounts and certificates of deposit. A Federal Reserve rate increase will not immediately affect your bank interest rate, as deposits in banks are already high. Banks […]
Ever wonder why you have no money? What’s the difference between rich people and people who have no money? It’s not the money part. It’s just habits. Becoming rich requires valuing money as a tool that will maintain your financial independence, and not as a way to just gain something in the short run. There […]
