While we can easily get wrapped up in the day to day life and forget (or put off) improving our finances, now is the time to take action. Sure, a lot goes into personal finances such as budgeting, spending, and saving, but there are actions you can take to set yourself up for success not only in the short-term, but down the road. It may in fact be decades away until retirement, but that doesn’t mean you should put off trying to secure your financial future. Check Your … [Read more...]
Are you one of those people that avoids looking at their savings account balance? If so, you’re not alone. Having very little or no money saved at all is quite common among American adults. In fact, 35% of adults only have a few hundred dollars saved and 34% have nothing saved at all. Not having a savings account may not have impacted you yet, but it’s only a matter of time until a financial emergency happens and you’re left strapped without any money. Saving may seem like it’s all for … [Read more...]
In moderation, frugality is beneficial. It can help you prepare for retirement, build your savings, and reach your other financial goals. However, when taken to extremes, money-saving strategies can sometimes backfire, resulting in frustration and disappointment. If you're wondering whether or not to take the frugal route on your next big purchase, ask yourself the following questions. Is It Worth Your Time? If you're thinking of undertaking a big DIY project, ask yourself if it's worth … [Read more...]
If you think you are one of the businesses that are going to get away with not complying with state and federal laws, rethink this though. Failing to comply with laws on either the state or federal levels means that you could be putting yourself in the way of lawsuits and serious fines that your business doesn’t want to come up against. In this article, we are going to talk more about eight legal compliance measures you can’t afford to do online business without. #1 - GDPR GDPR was created to … [Read more...]
When many people think of living green, they associate this with saving the environment and all of the wonderful benefits it can have on the animals and the ecosystem around them. Living green is an aspiring achievement, but for some, it can become expensive – healthy food, for example, is often far pricier than what some junk food can be. While payday loans can be available to help you in a financial emergency, it is important to know whether or not switching to greener living is actually … [Read more...]
Actually, credit cards are not that bad, but it also has to do with you as the user and how you handle your virtually endless spending limit. If you are able to keep spending under control, you can take advantage of the many pros to using a credit card, of which it could be argued to be used for every purchase. Using instead of a debit will help avoid your bank account getting depleted during a fraud attack, you can get a bit of a grace period by charging this month and paying back next month, … [Read more...]
While knowing the difference between ira vs 401k will really matter to which better caters to your own financial situation, the same goes with your food budget and what you can afford, or better yet, make a few changes to ensure you can free up extra money and put towards more important areas such as building up your emergency fund to give a little financial cushion, paying off and staying out of debt, not to mention saving for retirement, which could be the most important, ensuring you have … [Read more...]