When it comes to building wealth, young investors are told over and over that they’d be wise to take advantage of their heightened capacity for risk. Over the long term, the thinking goes, riskier assets have the potential to deliver higher returns. The younger you are, the more time your portfolio has to withstand the temporary bouts of […]
When it comes to planning for retirement, choosing the right time to collect your Social Security benefits can have a significant impact on how much you end up earning in benefits over the course of retirement. Despite Social Security benefits comprising a large portion of people’s retirement income, many of those close to retirement age […]
In order to get a good estimate of your retirement expenses, you first need to think about what kind of lifestyle you plan to have in retirement. Ask yourself questions like: Where do I plan to live in retirement? What do I want to do with my free time? Am I planning any big-ticket purchases […]
Whether it’s La Niña or a late-night laundry emergency, you can’t always get your washing dry the washing the good old-fashioned way. When it’s just too wet, too cold or too late to hang your clothes on the washing line, you’ll need to bite the bullet and use your clothes dryer. But if you’re concerned […]
AMHERST, N.Y. (WKBW) — Budgeting and savings tips are getting millions, even billions of views on Tik Tok, under the hashtags “Fintok” or “Stocktok”. Some of these tips say they can save you thousands, but can they? “Tik Tok is fun, but they only have two minutes to explain it to you and I think […]
The cost of living is becoming exponentially high, but everyone can make small changes to cut their energy costs. Due to the crisis caused by ongoing conflict between Russia and Ukraine, UK energy bills could hit over £3,000. The price cap will increase by a significant £693 from April, from £1,277 to £1,971. The 54 […]
SPRINGFIELD, Ill. (WICS/WRSP) — Retired public service workers gathered Monday to urge lawmakers to put more money into state pension funds. The pension situation in Illinois is often referred to as a crisis because as of June 2021, the unfunded pension liabilities were almost $140 billion, according to a Commission on Government Forecasting and Accountability […]
Use your fridge and freezer About £2.1bn-worth of fresh fruit and vegetables is thrown away in UK homes each year because it has gone soft, mouldy or is out of date. How fresh produce is stored is key to its fate, and if you stow it in your fridge you will buy yourself more time. […]
If you’re someone who earns a lot of money (like, low to mid six figures) but you don’t have enough saved or invested to be considered “rich,” you most likely fall into a group of earners known as HENRYs. The acronym stands for High Earner, Not Rich Yet. The term isn’t new; it’s been around since 2003 […]
A lack of money definitely does not have to hold you back. If you’re looking to buy a home as an investment these days, $1,000 probably won’t get you very far. Home values are up across the board, and in January, the national median listing price was $346,000, according to Realtor.com. Even if you find […]
Got sticker shock at the gas pump? You’re not alone. The national average price for a regular gallon of gas topped an eye-popping $4 a gallon for the first time in more than a decade as fuel costs soar over Russia’s invasion of Ukraine. According to data from popular fuel-saving app GasBuddy, the US national […]
Retirement planning is a key component in holistic financial preparation for you and your family. However, many people find themselves nearing retirement age with little to show for their many years of work. While it may feel like you are heading toward retirement without the necessary tools in place to provide for yourself, don’t panic. […]
