If you’re able to work remotely, or have been itching to move elsewhere, it makes sense to consider locations where your money will go far. Or further than other places. When you account for inflation, the median household income in the United States has barely budged over the last 20 years. Today it stands at […]
Category: Personal Finance
4 Simple Tricks For Saving More Money
Saving money cam be challenging no matter how much you earn. After all, you probably have a lot of immediate expenses, and can think of many more fun things to do with your dollars than stick them into a savings account. But overcoming these challenges is important. In fact, saving money is essential to accomplish […]
Most Parents Are Missing Out on a Key College Savings Tool
With college costs continuing to climb, many parents find themselves scrambling to cover those tuition bills — and many teens find themselves signing up for thousands of dollars in student loans. Now the good news, according to a U-Nest study, is that plenty of parents are taking the problem seriously, with roughly 60% setting aside […]
Replace Your Resume Objective With a Personal Brand Statement
IF YOUR APPLICATION includes a resume objective statement, it’s time to update your materials. Savvy job seekers should ditch old-fashioned resume objectives in favor of a more modern, marketing-driven personal brand statement. Why? Because when a hiring manager has received your resume, he or she is intelligent enough to know that your objective is to […]
Here’s What Your Annual Income Might Look Like If You Don’t Save for Retirement
You’ve probably heard that you’re supposed to save for retirement during your working years rather than fall back on Social Security alone. But how many Americans are heeding that advice? A frightening 21% have no retirement savings, according to a 2018 Northwestern Mutual study, while 42% have less than $10,000 socked away for the future, […]
The Right Way to Quit a Freelance Job
Many freelancers find themselves scrambling to find clients and struggling to drum up a steady book of business. But what if you’re in the opposite scenario, where you have a client you’re actually looking to unload, and you’re not quite sure how to do it? There are plenty of reasons you might want out of […]
Holiday Inn — A ‘Stay Smart’ retirement plan that’s as unrealistic as it is hilarious
Terry Robison struck a viral chord with his recent Facebook FB, -0.07% post in which he resurfaces an old trope about living out his twilight years with room service, pay-per-view, happy hour and free breakfast. All for the price of $59.23. “No nursing home for us,” he wrote. “We’ll be checking into a Holiday Inn!” […]
Americans overlooking this key part of retirement
It’s the day you’ve been anxiously waiting for. It’s finally time to retire. While you may be dreaming of traveling, spending more time with family and friends or pursuing hobbies, there’s a key part of retirement some people have not taken into consideration. After diligently contributing to a 401(k) plan for decades, fewer than 50 […]
It’s been 10 years since Great Recession, but many still reluctant to invest in stock market
Next month marks the 10-year anniversary of the current bull market’s beginnings. Yet many Americans remain reluctant to invest in the stock market, a scary hangover from the Great Recession. From October 2007 to March 2009, the S&P 500 plummeted nearly 57 percent, and it took more than five years for the index to recover. […]
A ‘substantial’ number of baby boomers jeopardize their retirement by doing this
This kids will be all right — even if you don’t help them buy a home. One in five U.S. homeowners received a gift or a loan from a friend or family member to buy their home, according to data released Wednesday from Legal & General, a multinational financial services company. And more than half […]
Age Targets: How Much Should You Have Saved for Retirement By Now?
If you want to track your progress toward a goal, chances are there is an app that can do that for you. For example, you can track your steps, your packages, your diet and even your family’s whereabouts. But when it comes to saving for your retirement, how much time do you spend tracking your […]
The depressing reason why having kids doesn’t actually make you happier
Kids can bring happiness to their mothers and fathers, but parents need dough before they can delight in those expensive bundles of joy. Research on life satisfaction statistics largely show children don’t raise your level of happiness — and yet people still keep having kids, and then do it again. So a new study delved […]