Personal Finance
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 […]
There is no way around it, we live in a status-driven society. Whether that is owning the newest Gucci purse or buying a shiny new car, people judge other people by what they own or don’t own. Personally, I hate it because it causes so many people to make poor financial decisions in life, only […]
We live in a fast-paced world. This motivates many people to automate menial tasks, including investing. That may work for a while, which gives you a false sense of security. This false sense then may entice you to commit more capital than you should. If it works for $100 trades, it should work for $1,000 […]
The executor is the designated representative who is supposed to ensure that the estate is properly settled and that the assets are distributed according to the wishes of the deceased. Some of the items on the to-do list for an executor might include making sure the death certificate is properly filed with all the right […]
In case you are concerned about a high-interest rate on your credit card eating into your savings, you should know that it is not a number that is set in stone. Variable interest rates are common on most credit cards, which means they can fluctuate depending on a number of factors, including the discretion of […]
Almost 42% of all Americans run the risk of retiring completely broke, according to a new study. GoBankingRates conducted an online poll via Google Consumer Surveys that asked average Americans about the state of their savings and current retirement plans. The poll surveyed Millennials, the middle aged and senior citizens. One question was, “By your best […]
According to the Powerball lottery, your odds of winning the entire jackpot are about 1 in 292.2 million. Meanwhile, according to the National Weather Service, the odds of being struck by lightning in a given year are 1 in 1.2 million. However, let’s say you are fortunate enough to win the lottery and avoid all […]
