Nearly everyone deals with finances on a daily basis. From receiving a paycheck to buying produce at a grocery store, people are constantly exchanging money to live. Many schools, however, don’t teach their students much about finance even though it is such a crucial part of life. As a result, it is important for people to do their own homework… Read more →
New Rules of Finance
The concept of finances has existed since the beginning of time. In Mesopotamian days people would trade goods for other goods and services, which would quickly morph into a form of currency. Some rules have existed since the beginning of time about finance. Budget, save for retirement, spend less than you earn to build up your wealth. Other financial advice… Read more →
How To Deal With A Financial Crisis
A crisis is defined as a time of intense trouble, misfortune, or danger. A financial emergency can come at any age, to any demographic, in any area. A crisis can come out of nowhere; bank accounts hacked, sudden car troubles, an unforeseen medical expense. Or, they can occur after a series of poor choices and mistakes that culminate in a… Read more →
Minimalism and Finance
A strong symbiotic relationship exists between minimalism and finance. Minimalism is the art of living with less. In recent years a plethora of podcasts, books, and documentaries have been produced in concern to the rise of minimalism. The most famous being the documentary titled “Minimalism: A Documentary About the Important Things.” The documentary takes the audience into the many flavors… Read more →
Six Simple Ways To Save
When it comes to money, we all set out with good intentions to spend and save wisely. In the midst of a busy life, constant advertisements, and quick spending, saving money can seem impossible. In reality, we can only save money when we develop healthy habits. Check out a few simple habits that will turn your saving habits around. … Read more →
Building Your 2020 Budget
Creating a budget is an important financial strategy for building a future nest egg. One way to conquer the temptation to spend too much money during and after the holiday season is to establish a sound 2020 budget and stick with the plan. The following tips offer helpful suggestions for devising a workable budget: Think About Future Expenses … Read more →
How Millennials Can Start Planning For Their Future Now
For younger people in the millennial generation, their views towards finances and how they plan to become successful are a bit different than the baby boomers. They also have a few more tools on hand to learn different things about finances and not simply rely on what their parents would do. Yet, even if their ultimate goals are in the… Read more →
The Rise and Fall of Facebook Libra
Facebook Libra has been in the news a lot lately. This cryptocurrency was envisioned as a so-called stablecoin. Libra was designed carefully to avoid the huge fluctuations faced by cryptocurrencies like Bitcoin. The plan was to offer a more stable currency, backed by stable securities. Sponsors like Visa, Mastercard, and Paypal seemed just about ready to get on board with… Read more →
How to Max Out Your 401K
One of the more common investment vehicles available to workers is the 401(k) plan. As of 2019, employees can invest up to $19,000 in a 401(k) plan. Those who have reached at least 50 years of age can contribute $6,000 in catch-up contributions for a total of $25,000. This is admittedly a pretty high figure for many families to hit.… Read more →
How to Make Money Without Getting a Second Job
Most people want disposable income and walking around money so they can have a more enjoyable lifestyle, but for those who are otherwise content with their current employment situation, it might not be a viable option to switch careers. In this day and age, it is easier than ever to have a lucrative side gig in addition to having a regular job. Read more →