Credit card debt consolidation is a strategy that takes numerous credit card balances and combines them into one, easy-to-manage monthly payment. Consolidating credit card debt may be a good option if the new debt has a lower APR than your current credit card rates. By consolidating debt, consumers can achieve a lower interest rate, make […]
Gold is a time-tested safe haven investment that usually attracts the attention of investors during an economic downturn. While the traditional approach has been to buy physical gold and wait for its value to increase, nowadays you have more options to make money with the yellow metal. Here are four ways to make money with […]
In recent years, remote work has become increasingly popular, allowing individuals to work from anywhere in the world, and enjoy the freedom and flexibility of choosing their own location. This newfound flexibility has given rise to the digital nomad lifestyle, where people can travel and work at the same time. If you’re looking to join […]
Unemployment and scarce job opportunities are becoming continuous economic problems in the United States since the pandemic struck. As of December 4, the latest Bureau and Labor Statistics report on unemployment show that 10.7 million Americans are unemployed. That estimate follows federal guidelines and it may well be a lot higher. The latest round of […]
Middle-income people who have saved and invested for retirement should wait until age 70 to claim Social Security income, according to new research. The data show that is the best approach to retirement-income planning for people who have saved between $100,000 and $1 million. Steve Vernon, a research scholar at the Stanford Center of Longevity, […]
Many older Americans die in debt. But their debts lives on — and those debt levels are on the rise. The average debt of American households headed by someone 75 or older was $36,757 in 2016, according a recent report by the Employee Benefit Research Institute. That was 21% more than the average of $30,288 […]
You just retired, ready to enjoy life after years of hard work, and now you have noticed your retirement plan income will being taxed. Retired people can extend life of their savings, however, by moving to a place where taxes are lower. The less taxes one pays, the better, especially if one has to live […]
Are you due to gain an inheritance anytime soon? Maybe you should not start celebrating or counting that inheritance money before it is in your hands. While gaining an inheritance may sound like the answer to all of your problems, it may be the start of a lot of legal, bureaucratic, and emotional turmoil. Inheritances […]
Your credit score is among the most significant parameters to determine your financial health. The higher your credit score, the easier it gets to receive approvals for new lines of credit and new loans. On the other hand, bad credit locks you out of competitive deals on loans and mortgages. If you have taken a […]
In the realm of financial decisions, few choices hold as much weight and significance as buying a home. While opinions may differ on the ideal timing or location, there is a prevailing sentiment that investing in a home can be a fruitful endeavor. This post explores the reasons why purchasing a home is often considered […]
