Personal Finance

01
Mar
How Much Can You Save By Working Part-Time During College?

Nowadays, most students work part-time during college but there are still a great number of students who fear that working while in school will affect their grades. These students might get better grades now, but they will likely face serious consequences in the future in the form of significantly higher student loan debt. That’s because […]

Posted in: Personal Finance,
17
Feb
7 Financial Moves to Make in Your 20s

Young adults in their 20s are in a golden position financially. They have the ability to recover quickly from any financial mistakes they might happen to make and have a long career to improve their situations. The average debt among college graduates, however, is over $35,000, putting them in a bad position to start their […]

Posted in: Personal Finance,
16
Feb
How Debt Weighs on Romance

A Country Financial Security Index Survey revealed that 9 out of 10 people say it’s important to discuss personal finances with a significant other. Debt weighs heavily on romance, as many surveys have discovered. If you cannot get out from under the shadow of debt, it can put an immense amount of strain on relationships.This […]

Posted in: Personal Finance,
Tags: debt, romance,
15
Feb
How to Break the Paycheck-to-Paycheck Cycle

The paycheck-to-paycheck cycle is one that so many Americans are trapped in. Unfortunately, this is a seemingly inevitable part of how many people live their lives. Too much money is going out and not enough is coming in.The statistics say that 63% of Americans are only $1,000 away from financial ruin. One emergency or one […]

Posted in: Personal Finance,
Tags: paycheck-to-paycheck,
14
Feb
7 Reasons Hiring a Financial Advisor Might Be a Mistake

Statistics from CNBC say that 20% of financial advisors have some type of disclosure document on file, which includes both minor legal infringements and full on criminal charges. While this may be a reason to be wary of financial advisors, there are many other practical reasons why hiring a financial advisor might be detrimental.In this […]

Posted in: Personal Finance,
13
Feb
How Much Do You Really Need in Your Emergency Fund?

An emergency fund is essential for covering those unexpected expenses that pop up out of nowhere. The problem is 63% of Americans don’t have an emergency fund that could cover them in a $500 emergency. This is shocking news and indicates how ill-prepared the majority of the country is.The consequences of this are many and […]

Posted in: Personal Finance,
12
Feb
Could You Be Saving Too Much for Retirement?

The Center for Economic and Policy Research recently revealed some startling news. The average American has little more than three years of retirement income saved up. This means that many Americans will either find themselves in poverty or will have to keep working for the rest of their lives.On the other side of the coin, […]

Posted in: Personal Finance,
Tags: retirement,
27
Jan
Challenges Millennials Will Face Over The Next 50 Years

If you’re a millennial with student loan debt and you’re worried about your future – you’re not alone. Studies show that the significant amount of student loan debt that millennials are graduating with, coupled with the bad job prospects that they face upon graduation, could potentially have long term effects.On average, recent graduates are carrying […]

Posted in: Personal Finance,
02
Jan
5 Money Mistakes People in Their 20s Make

As you make your way through your 20s, you are probably in a stage where you want to enjoy life, party, and spend your money recklessly. C’mon now, you don’t have that many responsibilities and now is the time to live it up, right? Wrong. It is important that you are avoiding making these following […]

Posted in: Personal Finance,
28
Dec
7 Ways to Save Money While Traveling

If you are planning on going on a vacation, you are probably looking for additional ways to save money during your travels. Leaving your home town can be expensive, especially depending on the time you travel and where you are going. However, there is some hope as there are a number of ways you can […]

Posted in: Personal Finance,