Having a budget is essential for financial well-being. Understanding how much money is coming in versus how much you are spending can help you plan for the future while making sure you have enough to live on day-to-day. One of the biggest areas to pay attention to is how much you spend on “wants” versus …
How to Take Control of Your Budget: Wants v. Needs Read More »
Though an emergency savings fund is the ideal source of funds to tap when unexpected expenses arise, sometimes it’s necessary to look beyond your savings account for assistance when life throws you a curveball. There are many options to choose from when it comes to borrowing money, and some forms of borrowing offer advantages that …
Most adults plan for retirement in their 60s. Now that you’re here, it’s important to review your finances and evaluate whether or not you’re ready to take that big next step. For those that are, it’s key to ensure the transition is as smooth as possible. After all, you want to enjoy the fruits of …
If you’re feeling the pinch and wondering why you’re spending a lot more than you’re used to, take solace: you are not alone. The recent pandemic and geo-political instability have caused inflation and resultant price hikes of essential goods and services. As basic needs become more expensive to satisfy, it’s the perfect time to take …
By the time you hit your 50s, you’ve likely earned more wisdom, self-confidence, and money than ever before. Your financial situation is probably more stable than when you were younger, and hopefully, you’re enjoying some of the fruits of your labor. As you look toward retirement, however, many financial rules change, so it’s important to …
Your 40s are a pivotal decade. You’re likely making more money than ever before, and you’re halfway between entering the workforce and retiring. As a result, saving for retirement and investing can significantly affect your future financial security. Here are seven tips that can help you build wealth in your 40s. 1. Keep an Emergency …
No matter what your financial situation is, it’s essential to understand how to manage money wisely. The financial world is based on many different factors that are out of our control; the economy, the strength of our currencies, taxes, and the prices of essential goods and services regularly challenge our financial well-being. But, for the …
How To Tell Your Finances Are on the Right Track Read More »
We’ve heard them all before: the cold hard “facts” about money that people believe are golden truths. In actuality, many of these “truths” are just plain wrong, while others are more nuanced. So let’s myth bust 5 “facts” about money that aren’t as true as people think. 1. Don’t worry about retirement-saving until you’re halfway …
Often people experience some of life’s biggest milestones in their thirties. Marriage, children, advancing careers, and homeownership are a few examples. All of these life changes come with new financial responsibilities, requiring a new outlook on your overall financial goals and the plan to achieve them. So let’s look at seven critical financial tips for …
Getting your finances in order in today’s uncertain economy could mean the difference between weathering the storm and going under. Inflation is soaring, and essential costs like food and gas are at record highs. But, while these economic conditions are out of our hands and can put a strain on us, the power to take …
