The stock market’s wild ride this week may have you questioning your retirement investing strategy. On Monday, the Dow Jones Industrial Average shed more than1,100 points before rebounding to close slightly higher. However, Tuesday’s early market activity ushered in a new triple-digit drop before the index began to bounce back midday. For 401(k) plan and […]
Taking advantage of automaticity (where you set yourself up to do things without having to think about them) is the centrepiece of plenty of positive habit forming advice. For hard-ish asks like exercising first thing in the morning or eating healthy, this might involve something annoying like wearing your gym gear to sleep the night […]
The wild swings in the stock market may have you stressed about your investments. Yet if you took a page from self-made billionaire Warren Buffett, you shouldn’t be too concerned about daily market moves. “You’ve got to be prepared when you buy a stock to have it go down 50% or more and be comfortable […]
SAN FRANCISCO — You get a loan and pay it back. How much, how quickly and how responsibly determines your credit score, but without a score it is tough to get that first loan. “A lot of people are shut out of the credit system,” says Ted Rossman of Bankrate.com, “There are 53 million people, […]
Your credit report and your credit score are two very different things. Rachel DePompa is on your side with the big differences between the two. According to a recent survey by the financial website Nerdwallet, 82% of Americans think their credit report includes their credit score. Some credit reports will put a credit score at […]
he holidays have left without a trace. Well, almost. Long after the decorations have come down, you still have debt hanging around. Don’t let it put a damper on your year. Here’s what you can do to take control of your holiday debt. Review what you owe First, gather a few important details about your […]
Special payments after you retire can be confusing and might leave you wondering if the Social Security Administration will reduce your benefit because of them. In most cases, special payments are payments you receive for work you did before you retired. The SSA states that usually, these payments will not affect your Social Security benefit. […]
The holidays and fun have left many South Africans facing the New Year with financial hangovers, a long January, and the reality that their money problems could last well into 2022. But taking ten steps to get personal finances back in shape could make things look a lot better. The art of making financial resolutions […]
If your New Year’s resolutions for 2022 include trying to boost your finances, a wise idea may be to focus on just a few key steps to help improve your chances of success. At M&G Investments, we believe there are lots of investment opportunities out there to take advantage of in the current market conditions, […]
When you think about the things you enjoy doing in your spare time, reading up on Social Security probably isn’t one of them. But the reality is that it’s important to understand how the program works — even if that means sinking hours into reading up on different rules. If you don’t have the time […]
Nowadays, it’s not enough to simply save money for retirement — you need to invest it to ensure you reach your financial goals and can live comfortably in retirement. Luckily, there are retirement accounts designed to help you do just that. If you’re at the height of your career, an IRA can work wonders for […]
The last few years have had a huge impact on everyone’s finances. The pandemic may have forced people into situations where they’re spending less and have more money to put toward things like paying off debt — and some of these habits might have stuck around. Despite this, data from Finfit, a financial wellness platform, […]
