If you could save a considerable amount of money, what would it be used for? Holidays? An emergency fund? Credit card payments? The problem is that most people only think about saving when there’s an excess of funds – but that shouldn’t be how it works. Even on a tight budget, it’s possible to achieve… Continue reading Tips and Tricks to Save Money On a Budget
President Franklin D. Roosevelt signed the Social Security Act on August 14th, 1935. Just over 83 years later, this act remains one of America’s most successful, effective, and popular programs. This system of government sets out to offer monetary assistance to people with little to no income. As established in Article 22 of the Universal… Continue reading Social Security Facts You Should Know
There isn’t much of a difference between a financial planner and a certified financial planner. More often than not, many find it impossible, or near impossible, to decipher or spot the differences between these two categories of professionals. One major distinguishing factor between the two groups is the certification received by the certified financial planner.… Continue reading What is the Difference between a Financial Planner and a Certified Financial Planner?
We live in a world where unforeseen circumstances occur without our control. With these circumstances comes the need for more liquidity to take care of these scenarios, especially in the case of our homes. One such savior for homeowners is the Home Equity Line of Credit, also known as HELOC. HELOCs are a form of… Continue reading A Comprehensive Look at HELOC (Home Equity Line of Credit)
Some of the smartest people on the planet still manage to be financially illiterate and this is not because of a lack of intelligence. Even with an IQ as high as Einstein’s, it would be wrong to assume that just because you excel in your field or trade that you are capable of expertly managing… Continue reading Why is Financial Literacy So Important?
Drawing up plans for your finances and income is a logical thing to do – especially in today’s modern times. You are tasked with so many financial responsibilities like bills, taxes, and supporting both yourself and your family. Without proper financial strategies and plans, you could end up broke, bankrupt, or worst of all, in… Continue reading Why Financial Planning is Important
Interest rates can simply be defined as the amount of money an individual has to pay in addition to the principal in the event of a loan acquisition. Interest rates differ depending on the financial institution involved, but in the event of a mandatory increase by the US Federal Reserve, one needs to reassert themselves.… Continue reading What Increasing Interest Rates Mean for the People of the U.S.