Personal Finance
If you want to become financially independent, the first thing you need to do is to start living on a budget. Then realize there are budget mistakes to avoid. A proper budget can help you track your spending, avoid unnecessary expenditures, and save money, all of which are critical to achieve the goal of financial […]
In my experience, most people do not take the time to shop around or adjust their insurance policies so that they get the most coverage for what they are willing to pay. This article offers tips on how to shop for and buy car insurance properly, get the coverage you need, and save money optimizing […]
Taking up a side hustle can be a great way to boost your income. Data shows that nearly one in three Americans has a part-time job or a side hustle, because they need the additional income to meet their day-to-day financial needs. While there are several side hustles that can help you earn an additional […]
Keeping separate bank accounts when married — or not — is a decision all couples have to make. When people marry they must deal with the loss of identity as individuals. They have to adjust to new life in a union. They must also develop and foster trust between one another. On top of that, […]
Just about anyone can become a millionaire by 50. Sustainable financial independence is the dream of virtually every ambitious person, of course. Some make it, some don’t. The truth is that it is entirely possible to become a millionaire by 50, if you are disciplined, tenacious, and willing to take the right steps at the […]
The question of whether to keep an old credit card open or close it can be a bit of a conundrum. Your credit history is a vital component of your financial health, and the decisions you make regarding your credit cards can have a significant impact on your credit score and overall financial well-being. Let’s […]
As you approach retirement age, it’s important to think about how you’ll fund your retirement. One popular option for retirement savings is an individual retirement account (IRA). In this blog, we’ll explain why you need an IRA for retirement and the benefits of having one. First, let’s define what an IRA is. An individual retirement […]
A recent Federal Reserve study found that 40% of Americans cannot pay an unexpected expense of just $400. And while six months of spending as an emergency fund is the gold standard, having just $2,500 in the bank can make a huge difference to most people. One problem with personal finance is that most people […]
Your credit score is one of the key factors that will have an impact on your long-term financial position. To get a perfect credit score takes diligence and some key decisions. Credit scores are used by everyone — cell phone service providers, landlords, credit card companies, insurance companies, and mortgage lenders — to determine your […]
