Financial Tips For The Holidays

We have several more holidays that are up and coming. Next week is Thanksgiving, Christmas is in a month, and then there’s New Year’s. All these holidays bring families together to share experiences, gifts, and each other’s company. The holidays also mean spending a lot of money. If you’re trying to combat how much money you’re spending, and find alternative methods for doing so, follow along for financial tips for the holidays. https://www.youtube.com/watch?v=-9-sZj9nlWs Maintaining Read more [...]

Interest Rates Are Rising

Check those savings accounts right now! Over the last few years, we’ve had a tumultuous time in the financial sector. Investments have dropped, savings interest rates have dropped, and in general, a lot of people have experienced financial hardships. These hardships range from missed mortgage payments, defaulting on loans, losing jobs, and being unemployed. Many have been trying to regain their financial foothold. Today, times are changing, and interest rates are rising. If you have a savings account, Read more [...]

Start Your Emergency Fund Now!

Not everyone is into saving, and that is ok. Not everything is for everyone at the stage of their lives they are in today. However, no matter what financial goals you have in place, you need to be prepared for the worst. Anything can happen at any moment. Most things are slight inconveniences, and some come with hefty payments. Even if you don't have a savings account for retirement, you need an emergency one. If you don't have one, this is your sign to start your emergency fund NOW! https://www.youtube.com/watch?v=UA-vNBSC8zI Setting Read more [...]

Should You Be Saving or Investing Right Now?

We had a bull run for over nine years. The start of the pandemic was a buying opportunity. If you had bought back in March 2020, you would be sitting on a gold mine just a year ago. As time passed, things began changing. With uncertainty in the market, oil problems, and the coronavirus lingering, we have seen things get bad. The housing market and inflation are at an all-time high, and interest rates are dismal. With all that being said, is it a time to be saving or investing right now? Follow along Read more [...]

When Should You Touch Your Savings?

Completing a savings goal or just funding your savings does not happen overnight. It's a process that can take years. There’s usually an end goal in mind, and those goals are typically long-term. Sometimes when you see those savings racked up, you get antsy and want to use them. At what point do you dip into the savings? Do you go into them before you’ve met your goal amount, before funding your projects or ventures the money is set aside to be used for, or can you ever use them before that time? Read more [...]

What To Do When You Run Out of Retirement Money

Most people work late into life, saving up for retirement along the way. Whether you retire early or late or at a typical age, you probably expect to stop working from that point on. However, it doesn't always work out that way. You might get bored and want to work. Or, unfortunately, you might run out of retirement money and need to work. What should you do if the latter scenario happens to you? First, Don't Panic Many of us were raised on a very traditional work model. You got a job as a teenager, Read more [...]

Christmas Mistakes To Avoid

Christmas is less than two weeks away, and I can honestly say that I have gone crazy this year. I will say that I don’t have a budget because most of my things are automated and I didn’t go above my means, but I’ve spent the most this year than I ever have. Normally, I opt for coupons and deals to find luxe products at a reduced cost. This time I didn’t do that at all. I got people what they wanted at whatever price it was at the time. I was ready to buy gifts so I can get shopping over with. Read more [...]

When Should You Contribute To A 401(k)?

We have all heard about savings and investments. Whether we do it or not, it is now easier than it has ever been to put money away towards our future as retail investors. Not only are platforms like Acorns, Stash, and Robin Hood more commonplace and easily accessible, but more and more jobs are giving employees access to 401(k) accounts. This is even true for your retail jobs and restaurants. If you haven’t taken advantage of such an account, but want to know more, follow along to learn when you Read more [...]

How To Prepare For A Travel Emergency

Have you all been looking at the travel news lately? Spirit and American Airlines have been making headlines, and not for the right reasons. While problems they are facing are being faced by every major airline, they are getting most of the bad publicity. Some speculated that airline workers and pilots were on strike, but that is not the case. Due to staffing shortages, American Airlines has had to cancel and delay more than 3,000 flights since August first, while spirit canceled close to 400. This Read more [...]