How To Choose A Financial Advisor
If you are like most Americans, you may need help managing your finances. According to the NFEC, a lack of knowledge about personal finance can cost you $1,200 annually. Getting the help of a financial advisor can help you manage your finances more effectively...
How to Improve Your Financial Literacy
Being financially literate involves having the knowledge and confidence to manage and invest your money effectively. This includes planning for retirement, paying off debts, investing in real estate, and more. Financial literacy varies depending on your level...
Financial Planning Strategies for Your Child’s Education
As a parent, one of your biggest concerns is providing your children with a quality education. While education can be expensive, there are several financial planning strategies you can implement to help you save for your child's education and prepare for the future....
Financial Goals for 2023
Starting the new year with financial goals is an excellent way to seize command of your finances and improve your financial health. Whether you are looking to save more, pay off debt, or invest in your future, setting achievable financial goals can help you reach your...
Great Apps To Help You Save Money
Creating a budget is a great way to get financial control. There are free budgeting apps that allow you to keep track of your spending and make adjustments quickly. These tools will let you see where you can save and improve your financial situation. Here is a...
Tips for Paying Off Student Loans Quickly
Many graduates are still struggling to pay off their student loans. They are also trying to start a family and save for a house. The typical repayment period for federal loans is around ten years, though various options are available. If you're worried that you might...
Tips for Budgeting With an Unpredictable Income
The rise of the gig economy has drastically changed the nature of work in the US. In 2019, around 16 million people were hired on a contract or temporary basis. It's estimated that this number will continue to grow, eventually reaching approximately 43% of the...
The Basics of Stock Investing
One of the most common ways people put their money to work is by investing. This is a time-honored way of earning money. According to Warren Buffett, investing is about giving up on consumption and allowing yourself to accumulate more. One of the most important...
Saving Tips for Single Parents
The cost of raising a child in the US is around $233,000, according to the USDA. Aside from food, shelter, and transportation, other expenses such as child care and health care are also included in this figure. In 2017, a study revealed that the cost of raising...
How Having a Concentrated Portfolio Can Benefit You
Over the years, the debate about the merits of both passive and active equity management has been raging. As the industry has grown, many investors have indexed their equity exposure. Unfortunately, the average money manager has been unable to beat the market. ...