Buying products are your local dollar store is creating food deserts, putting competitors out of business, and making you spend more money. They are everywhere: 75% of Americans in population-dense regions live within five miles of a dollar store. Here are five reasons why shopping at dollar stores isn’t worth it. Some items are cheap because […]
After working hard for your money for the best part of your life there comes a point in time when you have saved sufficiently to invest so that your money can work equally hard for you. Some of the investing apps in the market today are nothing short of revolutionary, making it possible for anyone […]
Retirement is usually pictured as a beautiful elderly couple sipping fine wine on their yacht or on a lazy front porch, usually in a warm-climate state such as Florida. Now that’s the kind of retirement I think we all want, right? Without knowing what the average retiree spends per month, though, it’s hard to predict […]
A certificate of deposit is a bank account that requires you to lock funds away for a fixed period of months or years in exchange for a fixed interest rate. That rate often is higher than rates offered by other bank accounts. The trade-off is that you lose access to funds for periods of time. […]
Vacation time is meant to be a time for relaxation and fun, not stress about finances. But let’s face it, holidays can be expensive, from travel to accommodation to food and activities. The debt some take on to enjoy a vacation can be more stressful than not taking vacation at all. By following these tips, […]
The cash generated by the collection of American income taxes generated more than $1.66 trillion dollars in revenue in 2017. Corporate income taxes generated another $324 billion in 2017 as well. While most taxes are supposed to be used for social programs and to pay civil servants, not all are collected in traditional ways. Some […]
Do you plan on moving? If so, there are many things to consider, whether you are moving across town or the country. According to moving.com, the average cost of a local move is $1,250. The average cost of a long-distance move is $4,890 (distance of 1,000 miles). These estimates are based on a 2- to […]
Starting a business is not about timing as much as it is about learning and growing, even if your first idea fails. Business survival rates are low but it doesn’t matter if the economy is growing or in recession. The key is having accounting skills, cash management and knowing your customer. You could start a […]
“Retirement” means you need a “retirement fund,” and for many people that feels out of reach. Who has enough saved up right on schedule for the last day of work? Not many, that’s for sure. The average American retiree receives about $1,500 in monthly Social Security benefits, a supplemental payment system that shouldn’t be a […]
It is never too late to take a fresh look at your finances and banking habits and see what may need to change to reach your financial goals. Here are five facts to know and actions to improve your finances. Adjust your budget to ease the burden of inflation You might not be able to […]
