A recent study by Bankrate found that more than 20% of Americans have zero cash set aside for life’s inevitable emergencies. That same study showed that 35% of Americans would be forced into debt when faced with an unexpected expense over $1,000. That’s roughly 1 in 3 people who could face serious Read more…
3 Ways to Strive for Financial Freedom—Even During Uncertainty
We live in uncertain times. The deluge of depressing news only reminds us of the many things that are out of our control. Read more…
High Income, High Debt: How to Stay Ahead of Your Finances
Earning capacity and money management skills don't always go hand-in-hand. If you're a high earner with high levels of debt, you aren't alone, but there are key steps you should be taking to get on the path to financial independence. Once you understand your comprehensive financial picture, the Read more…
Reverse Budgeting: Creating A Budget That Actually Works
Creating a budget and sticking to it is difficult for most people because the process is time consuming and restrictive. Traditional budgeting forces you to make every decision as if you live in a spreadsheet. But guess what? You don’t live in a spreadsheet. Read more…
Make the Most of Your New Hourly Role
The cruel irony of economic downturns is their tendency to disproportionately impact the populations least equipped to withstand them. The downturn caused by the ongoing Covid-19 pandemic is no different. Read more…
How to Pay Off Your Credit Card Debt
2020 – there’s not much more to say. This year has brought us financial pressure that some of us have never seen in our adult lives. And it wasn’t just a volatile stock market – it’s the day to day, very real pressure of paying bills and making it from month to month. Now that we’ve lived through Read more…
Saving Tips for Millennials: How to Create a Personal Financial Plan for the Future
For Millennials, financial obligations are more overwhelming than they were for both Generation X and Baby Boomers before them. This shouldn’t come as a surprise since this generation arguably has faced more economic uncertainty than any generation since those who lived during the Great Depression. Read more…
Three Ways to Make the Most of Your Recovery Rebate
The American Enterprise Institute estimates 91% of American families will receive a check from the US government as part of the $2 trillion Coronavirus Aid, Relief and Economic Security (CARES) Act. They also expect the average Recovery Rebate check to be $1,729, with some Americans receiving them Read more…
4 Money Lessons for College Students
As a current student, I can tell you with certainty that college is a weird time. Eighteen-year-olds are thrown into a tiny room in a miniature city with electric scooters instead of cars and party mansions instead of houses. Combine the already jarring lifestyle change with the ever-looming fear Read more…
How to Instill Smart Money Values in Your Kids
By the time most of us walked across our high school graduation stages, we could recite the Pythagorean Theorem, name all 50 state capitals and identify the different layers of the earth. But how many could do their own taxes or identify their credit score? Read more…