Someone once said that retirement is not the end of the road but a highway opening to a new chapter in life. Whoever said that clearly has never experienced a pandemic. Increasingly, many Americans retire abroad to make their retirement savings last longer when they collect dollars but spend in cheaper foreign currencies. Nevertheless, 100-plus […]
It would not be an exaggeration to say that saving for retirement has never been more challenging than it is now. The National Institute on Retirement Security reports that most Americans do not have sufficient amount of money saved up for retirement and those who do have a nest egg are worried that they might […]
With practically every lender in the country offering loans you have a wide array of options to choose from. It is important to compare loan rates and choose the best deal. Even a 0.25% difference in the interest rate can you save hundreds of dollars over the course of the loan. A loan can be […]
A good credit score is essential for financial success, as it determines your eligibility for loans, credit cards, and favorable interest rates. If you’re looking to improve your personal credit score within a year, it’s important to adopt effective strategies and be consistent in your efforts. In this blog post, we will provide you with […]
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 […]
Famed investor Warren Buffett once said, “If you don’t find a way to make money while you sleep, you will work until you die.” Dividend stock investing is a exactly that kind of of “make money while you sleep strategy.” It provides investors with passive income and can be a great means for retirees to […]
If you’re nearing retirement age, you’ve probably heard about Social Security and how it can provide you with income during your golden years. However, understanding the complexities of Social Security claiming can be overwhelming. To help you navigate this important aspect of retirement planning, here are five key things to understand about starting Social Security […]
