Most Americans don’t take life insurance for granted because almost one out of every two Americans don’t have it. According to the Insurance Information Institute, only about 54% of Americans had life insurance coverage in 2020. About 50% of Americans overestimate the actual cost of life insurance. However, the cost of a life insurance premium […]
When it comes to growing your savings, there are various investment options to consider. One such option is a bank certificate of deposit (CD), a financial product offered by banks that allows you to earn interest on your deposited funds over a fixed period. In this blog, we will delve into the workings of Bank […]
There has never been a better time to figure out some ways to earn extra income on the side, whether you want to get out of debt, save more for retirement or boost your monthly income. Listed below are several legitimate ways to earn extra income. Freelance writing It is always a great feeling to […]
In the United States, the richest 1% controlled more than 40% of the wealth in 2016. The last time wealth inequality gaps were this wide was during the Great Depression. You don’t have to just assume things are unequal. Global economists actually track the gap and tally it annually. The Gini Index is an economics […]
They say that retirement should be viewed as a new life adventure. But it is really a budgeting lifestyle for post-working life. And there are a lot of considerations to make when budgeting a lifestyle in retirement. For one thing, people are living longer than ever now due to advanced medical breakthroughs and healthier living […]
According to a 2017 FBI Internet Crime Report, individuals and companies lost over $5.5 billion between 2013 through 2017 due to email phishing scams. Email phishing scams are deceptive emails designed to trick people into revealing private financial information or sending money. These scams are so successful for scam artists because they depend on victims […]
Saving money can be a daunting task, especially if you don’t know where to start. However, with some simple changes to your lifestyle and spending habits, you can easily save $200 a week. Here are five ways to help you achieve this goal. Cook meals at home Eating out at restaurants and ordering takeout can […]
Placed side by side, a Rolex White Gold Presidential Oyster Perpetual wristwatch, is not much larger than a typical, multi-function digital timepiece made by Casio. Yet one costs over $7,000; the other, approximately $200. Since size doesn’t matter, what factors contribute to a luxury watches price? Here are five drivers that make luxury watches different […]
Retirement is a well-deserved phase of life, but it can also present financial challenges, especially when it comes to taxes. As you transition from earning a regular income to relying on retirement savings, understanding how to optimize your tax situation becomes crucial. In this blog, we will explore some smart and legal strategies to help […]
The average age for retirement in the United States is about 63, the year after most Americans qualify to take Social Security. Some people spend a lifetime waiting for retirement, only to realize they can’t afford it or didn’t plan for it properly. They say life is short, but life can feel really really long […]
