When you borrow money today that you can’t pay back easily, you are essentially robbing your future-self of desperately needed funds. This is not judgment but a sad reality. Too many Americans depend upon the perpetuation of debt as a form of income flow. The average credit score in America is 711, which is considered […]
Beginner investors, take heed. There are only a few ways to make money in the markets but a thousand ways to lose money. Here are 10 investment mistakes to avoid. Failing to start It has been said that the most common mistake novice investors make is not starting at all. To the novice, investing seems […]
Taxes, while a necessary part of civic life, don’t have to weigh you down. You can chart a course to lower your overall income tax bill while staying within the bounds of the law. By considering a few strategic moves, you can potentially keep more of your hard-earned money in your pocket. Itemized deductions Consider […]
Investing for retirement is one of the most important financial goals that an individual can pursue. One way to achieve this goal is by investing in index funds. Index funds are a type of mutual fund or exchange-traded fund (ETF) that seeks to track the performance of a specific stock market index, such as the S&P […]
Retirement is a lifestyle fund for post-working people that should last for 25 years or more. And too many people are “semi-retired” or “working retired” because they cannot fully retire. The cost of living in the United States is extremely high for retirees. The typical retiree must pay $45,000 in annual expenses in large American […]
Many people start planning for retirement by focusing on one primary objective: saving enough money to retire comfortably when they are ready. Taxes are something that no one enjoys paying; however, every person is responsible for paying taxes. Therefore, you should consider tax strategies that will assist you in holding on to and transferring more […]
When it comes to managing your finances effectively, having a solid banking strategy is essential. While many people are content with a single bank account, there are significant advantages to consider when exploring the idea of maintaining multiple bank accounts. In this blog post, we’ll explore the benefits of having more than one bank account […]
The average cost to have your taxes prepared by a professional could cost anywhere between $200 to $320. If your return is complex, that could be money well spent. Here are some tips to help you find the best tax preparer for your needs. Network with friends and workmates for a referral In the same […]
Personal finance is rife with misconceptions, myths, and bad advice. For many, bad advice is why you are not rich. Following the wrong advice and making bad investment decisions can make it difficult for you to reach your financial goals and prevent you from getting rich in the long term. Here are seven personal finance […]
Are you thinking of retiring abroad so that you can live comfortably on a budget? If so, you are not alone. Data shows that at least 12% of Americans want to retire abroad so that they can enjoy a higher quality of life on a modest amount of retirement savings. In this post, let us […]
