You’ve been saving, living below your means and putting money toward your 401(k) plan. However you decided to put away money for retirement, you now have a portfolio of assets, plus your Social Security and if you are lucky a pension, so now you can enjoy a comfortable income, right? Wrong. Remember the financial crash of 2008 and 2009? It […]
Participate in the Retirement Plan Most employers have instituted either a type of 401(K), 403(B), or IRA. The idea behind getting more “free” money out of this system is by allotting at least as much money as your employer would match; especially a great plan for those whose employers offer attractive percentages. For example, if you make $50K a year […]
Handling finances (correctly) is a responsibility we naturally inherit as we age. Unfortunately, the more we age, the more areas that require our financial expertise also increase. Whether it is budgeting, understanding bank lingo, the stock market, planning for your kid’s future, or coping with debt, we all could use professional advice on these subjects. To assist on this matter, […]
Start Early Handling money is something your kids are going to have to do inevitably, so instead of keeping them from its harsh realities, it is best to start teaching them how to approach it. Not only should you cover its importance but teach them that at the end of the day, it is also not the only thing that matters. […]
Unlearn Bad Habits In order to be a master of you finances, you must learn not to get carried away with your purchases. In the world that puts instant gratification a priority, adopting this habit does not come easy. So what are some of these bad habits – speaking in general terms, it’s anything you’ve purchased that you simply did […]
Millennials and their complaint of “never having any money” are two parts of a phrase that has been used more consistently than one would like to admit. If truth be told, it is not their fault. They’ve definitely been given the unpleasant end of the stick; too many of them for jobs that simply aren’t available – so they settle for […]
Young adults go through the strangest of emotions; between figuring out a career path, making money for social life needs, deciding between school (or to not even go to one – what would one do then?), graduation, finding jobs after graduation – the list goes on forever. It can be a chaotic ride yet most do survive; but we will […]
Over the recent years, the truths about many foods (and food industries) exposed to the public have made ‘eating healthy’ quite a popular topic – and rightfully so. While many (a majority actually) have embraced the facts and feel obliged to make the right decisions regarding their wellbeing, many choose to ignore this knowledge and continue living an unhealthy lifestyle. […]
Here are our 7 favorite money saving hacks that can potentially save you thousands each year. We’ll show you how to reduce your bills, conserve more water, and even make your own household cleaners. We all can use a few tips every once in a while and these will actually end up helping your bank account too!
With prepaid cards becoming increasingly popular, many people are closing their checking account. Today’s culture had glorified the idea of carrying “wads” of cash. Having a wallet full of cash is a great feeling – yes – but the risk of appealing “cool” is simply not worth putting your hard earned assets at risk. Having a lot of cash on hands simply […]