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 →
Tag: money
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 →
Personal Finance Habits that Everyone Should be Following
Millions of Americans are deep in credit card and student loan debt. There is a big fear of an upcoming retirement crisis because people have so little saved for their golden years. Much of the problem in American personal finance stems from the lack of good financial habits. Here are three great habits that everyone should follow. Set… Read more →
How to Create a Budget – And Stick to It
Do you ever feel like your paycheck disappears as soon as you get it, and you no idea where that money is actually going? One way to fix this is to create a monthly budget. While creating a budget and sticking to it may seem impossible, breaking it down into four easy steps makes it a much more surmountable task.… Read more →
How New Technology is Transforming the Finance Industry
When it comes to professional financial services, technology is completely changing how the service is provided. Assignments that professionals once completed using paper currency, outdated computers, and face-to-face meetings are now being completed by using digital solutions. This has led to an eruption of startups that provide financial technology worldwide. The change has allowed new companies to emerge, and old… Read more →
Best Apps for Personal Finance
Financial burdens are something everyone carries with them. Our personal financial standings are at the core of our lives. Maintaining a healthy portfolio and bank account deems challenging for many. Fortunately, technology has made its way into our lives and has helped improve many aspects of it. There are countless online tools and apps that support our everyday needs,… Read more →
Bitcoin Success Stories
Yeah, Bitcoin is cool if you are a tech wiz, but what good is it? Has anyone become a millionaire by investing in Bitcoin? Learn about the latest Bitcoin success stories. Bitcoin Millionaire Bitcoin was started in 2009. Officially, its value was ZERO back then. But now, Bitcoins have risen dramatically and are creating some millionaires. One… Read more →