As the year comes to a close, many of us start reflecting on our financial goals and resolutions. Perhaps you had hoped to pay off more debt or save more money this year. Instead of waiting for next year to make progress, now is the perfect time to take control of your finances by refinancing…
Have you been thinking about how to get the most bang for your buck next year? Then you clicked the right article. We wanted to share some hot tips to rev up your investment plan for 2024. It is true that 2024 is still unclear. However, within uncertainty, opportunity hides. So, you must stay updated…
The popularity and adoption of exchange-traded funds (ETFs) among investors has absolutely exploded over the past decade. With their low operating costs, tax efficiencies, and incredible ease of trading, it becomes glaringly evident why ETF popularity has skyrocketed and more and more people have started allocating substantial portions of their investment portfolios to these securities….
According to recent data, the average interest rate on traditional savings accounts is a meager 0.6%. That means for every $10,000 sitting in savings, you’re only earning $60 per year! Clearly, it’s high time for savvy savers to explore new strategies to maximize interest earnings. The good news is with a bit of research and…
Last week brought a major milestone for interest rates as the yield on the 10-year US Treasury bond eclipsed 5% for the first time since 2011. This has immense implications for consumers and investors that warrant close attention. What is the US 10-Year Treasury Bond Yield? The 10-year Treasury bond is debt issued by the…
Having open, honest conversations about finances before taking the leap is crucial. This means laying everything out on the table – your income, debts, spending habits, financial goals, and more. It may feel awkward at first, but creating a safe space to share financial information will set you up for success. Here are four key…
The personal savings rate in America has been on a steady decline over the past few decades. According to data from the Federal Reserve, the savings rate peaked at around 13% in the early 1980s but has since dropped to just 6.2% as of August 2022. This means that, on average, Americans are now saving…
After over a decade at historic lows, interest rates have begun rising and are expected to continue climbing. This new environment presents both risks and opportunities for investors. This comprehensive guide will give you some helpful interest rates tips by examining the impacts of rising rates across asset classes, outlining actionable strategies to profit from…
A Custodial Roth IRA is a special tool for savings. It’s there to help young people who earn money. A parent or guardian opens the account for the child. Sounds simple, right? Now let’s dig a little deeper! Benefits of a Custodial Roth IRA A Custodial Roth IRA is home to numerous fantastic benefits. Let…
Do high hotel prices make you frown? You’re not alone. In 2020, U.S. hotels’ cost was around $212 per night! So, we’re all looking for cheaper places to stay. This article tells you about eight of them. Not only are they affordable, but they also add an exciting twist to your trip! Let’s start! #1…
