By: Dayana Enriquez
Throughout the span of the average American adulthood, you might or might not encounter yourself fighting a losing battle with managing your finances wisely. If you fall into the “might not” category I commend you! I can date my first financial flop back to when I was in elementary school, my parents would give me two crisp dollar bills to put in my piggy bank every week. Of course as soon as the ice cream man would cruise by I immediately ran to that piggy bank, uncorked it and tapped into my premature savings account. What I failed to realize was that I was training to make terrible financial decisions an adult. That piggy bank later became a savings account at a real bank, but as the saying goes, bad habits die hard.
There’s a constant battle in life between saving and spending money. You want to enjoy life each day with a decadent cup of coffee, but that trip to Jamaica is calling your name. There are some strategies in life that can help you save money while enjoying it at the same time. You simply need to sit down, look at your financial reality and make some plans today. Continue reading
Financial freedom can be difficult to obtain without the right habits and rules established. For those who live paycheck to paycheck, it can be challenging to plan for the future or enjoy life while living on limited funds.
To obtain financial freedom in 2017, there are a few important tips to follow that will prove to be effective.
Pay Off Debt
Debt is one of the main inhibitors of growing your wealth due to money that must be repaid in addition to interest, which can add up to thousands of dollars each year. Continue reading
By MJ Plaster
We’ve hammered at the theme of disruption on this blog, but we’ve avoided going full-tilt crazy—until now. Today’s your lucky day because, in the spirit of the holidays, we’re spreading around crazy—crazy ideas that paid off big time.
No matter how much money you make, there can be times when you wish that you had more money in the bank or were able to save more for retirement. The good news is that there are many easy steps that you can take to save money today. Let’s take a look at some of the specific actions that can reduce your expenses right now.
Get Rid of Anything That You Don’t Use
If you find that you only watch television on Sundays when your favorite football team is playing or only watch the nightly news, you may not need the digital cable package. Replacing the $150 a month cable bundle with an antenna can save thousands of dollars a year without compromising your quality of life. Getting rid of your smartphone for a prepaid standard phone is another great way to save hundreds or thousands a year without altering your lifestyle. Continue reading
According to Bloomberg TV, the median age of the U.S. worker is 42. In the established tech industries, the median age is around 31 and, in tech startup companies, it drops to around 22.
Many of us who have passed our 40th birthday feel it was a watershed moment when we came into our own. We will tell you, “At 20, we knew it all; at 30, we realized we didn’t; and, at 40, we had gained enough maturity to know that the more we thought we knew, the more we had to learn.” Yet today, 40 can signal the approaching end of a career. What’s wrong with this picture?
Most parents know that they should talk to their child about drugs and alcohol, and many adults are willing to sit down and have a conversation about the birds and the bees. However, when it comes to money, many parents are lacking. About twenty percent of parents have never really spoken with their kids about the importance of managing finances. Continue reading
Money is something that you will always use and can never have too much of. However, it is limited resource that needs to be managed to ensure that you always have enough to live a comfortable lifestyle.
What are some thing that you can do to establish financial literacy or expand upon the knowledge that you may already have about money? Continue reading
Many people seek to improve their personal finances, but are unsure how to go about it. Well, the good news is that the answer may just be a click away. With these 4 personal finance tools, anyone can improve their finances with just a few clicks. Continue reading
Just about everyone from financial gurus to employers to the government will encourage workers to sock away a portion of their hard-earned cash each pay period for retirement.
While there are some studies that indicate quite clearly that many have either been unwilling or unable to do so, there are other Americans who have been able to save a nice nest egg for their golden years. Recommendations on how to spend down this stash of cash are a bit less common. Here are some tips that can help you ensure that you do not run out of cash in retirement. Continue reading