Many people feel stuck in the cycle of going paycheck to paycheck. Having a low income, high expenses, and previous financial missteps make it feel impossible to get ahead. But it’s possible to start saving money. It would be best if you had a plan to make it happen. The Importance of Saving Money Why…
Millennials just like every other generation want to have a comfortable retirement to look forward to. Saving for retirement has been particularly challenging for this generation because of stagnant wages, labor market volatility, and college’s spiraling costs. According to JPMorgan’s research, if a Millennial start saving at age 25, to retire at 67, they will…
Retiring is an exciting time in our lives. We have the freedom to spend our retirement activity time however we want – whether playing with the grandkids every day or road tripping in an RV. We should take some actions to ensure we have the retirement funds necessary to retire with financial security. Start Your…
Raising a child can cost several hundreds of thousands of dollars, and that’s not including the cost of paying for college. In modern times, many parents are taking additional financial burdens like helping them pay for things, repaying their debt, or letting them move back home. Your bank account may start to feel like a…
We all know how important saving for retirement is to secure a financial foundation in our golden years. A report by TD Ameritrade found that 28 percent of Americans in their sixties have less than $50,000. About two-thirds have less than $100,000 who are in their 40s. The likelihood that people who find themselves in…
Starting your first job after college is an exciting time. You’ve been living on a tight budget of ramen noodles packets for four years, and now you can upgrade to a real ramen shop. But don’t get too carried away; otherwise, your monthly expenses can end up more than your income. If you have good…
People understand the importance of financial budgeting plays in reaching many of life’s goals. But many of these same people find the process of budgeting to be challenging to stick to. One of the key budgeting challenges is that it makes us feel like we’re broke. Budgeting is intended to plan, organize, track, and improve…
Getting out of debt is much harder than it is to get into it. No one wants to be in financial trouble. Budgeting is one of the main ways to help you become debt-free and reach short term financial goals. Why Is Budgeting Important Many people find it challenging to start budgeting. Results aren’t going…
Everyone wants to know how to get out of debt as fast as possible. The truth is that it is more of a marathon than a race. It’s going to take work, but the effort will be well worth the freedom of paying off debt. Preparing a budget, income management, and tracking expenses are actionable…
Getting a side job is a great way to make extra money using your free time. Many opportunities are available to work from home legitimately. We’ll discuss side income ideas that you can try. And if you’re currently unemployed, you can learn how to make money between jobs to get you by in the meantime….
