When’s the best time to buy or sell a home? That’s a great question. A lot depends on who you are, seller or buyer. Traditionally, the best time of year to sell a house is in the spring. There are more active buyers in the market, so you have a higher chance of selling your […]
According to the Retirement Preparedness Measure (RPM) more than half of Americans need to take action with smart money moves if they are going to reach their retirement savings goals. While the average RPM is 74%, a shocking 41% of Americans have an RPM of 65 or lower. This places them squarely in the “poor” […]
As well all know, expenses may change from one year to the next, and the amount you spend may change throughout retirement as well. That’s why, for many current and future retirees, knowing what retirement income will be taxed is important as you plan for future needs. Here are four common sources of retirement income […]
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 […]
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 […]
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 […]
