Investing can be intimidating to someone who’s new at it. The stock market can look like a roller coaster, and sometimes it is! If you look at the bare bones basics of investing, it’s simply placing your money somewhere it will, hopefully, earn you a profit. Generally, the longer you keep your money invested, the…
Use the App Opening up a checking account is simple. Go to the bank with proper identification and enough funds to open an account. Most of us have had a checking account since early adulthood, so why do some people still have trouble keeping their checking account balanced? Gone are the days where it’s necessary…
For some people, saving money in general is challenging. Add inflation to the equation and it may seem impossible. There are ways, however, to keep spending down and put money in your savings by following some simple guidelines. Granted, it may take some self-discipline and training to handle your finances differently so your spending doesn’t…
Insurance is protection against risks and uncertainties and pays for your losses in the case of damage. The insured (or policyholder) pays a premium (or specified dollar amount) to the insurer (policy issuer). Many types of insurance carry a deductible, which means the policyholder pays a certain amount and the insurance company covers the rest. …
This year so far, the average tax refund is being reported as 11% lower than last year. According to the IRS, Americans got an average of $3,473 last year compared to $3.079 this year. There are a few factors that are causing refunds to be lower this year. Programs put in place due to the…
Bank failures! High inflation! Increasing interest rates! If you read the news, you’d think we’re in a financial crisis. But don’t panic! First, while there does seem to be a lot of bad economic news, we are not in a financial crisis or a recession. There are some steps you can take now to make…
Almost everyone loves to travel, but it can get expensive! But if you put in a little effort, there are a variety of ways you can save money when planning your next trip. We’ve collected the top tips and tricks to help you make the most of your budget when planning a trip. 💡Fun Facts:…
A will is an important document for family planning. You want to make sure your assets are given out according to your wishes and that your family is taken care of when you pass away. Many people don’t have wills because they find it intimidating or don’t know how to get one done. Today, we’ll…
Global climate change is a growing concern and has serious implications on both the global economy and individual’s financial positions. All relevant entities should be prepared to face these financial effects, whether it’s governments, businesses or individual people. There will be severe consequences around the world as the changing climate increasingly leads to financial issues….
The rapid pace of technological innovation has affected many aspects of our lives, including personal finance, investing and financial management. In particular, the emergence of automation and AI (artificial intelligence) is providing new tools and methodologies for people to manage their money, including investment decisions and planning for the future. There are both benefits and…
