What Causes Inflation?
Inflation occurs when there is an increase in the money supply in relation to the economy’s ability to produce goods and services. As a result, there is a sustained increase in the general price level of goods and services in an economy over a period of time. It is measured by the Consumer Price Index […]
Top 6 Money-Saving Apps in 2023
We’re fast approaching the end of the first quarter of 2023, which is the perfect time to reflect on and re-evaluate those resolutions you made at the beginning of the year. A popular resolution many Americans make every year is to be smarter with money, whether that means earning more, spending wisely, or saving more. […]
The Benefits of 401k Plan
What are the benefits of a 401k plan? Saving money can seem like an unfavorable chore to some now, but you will thank yourself for investing into your retirement later. This is where a 401k Plan can save you a lot of hassle. A 401k (named for the tax code that governs it) is a […]
Tax Prep Checklist: Everything You Need to File Your Taxes
Paying taxes may be an expected annual obligation, but tax season always finds a way to sneak up on us. Luckily, we’ve curated a checklist of information and documents that most taxpayers will need for the job. Personal Information This should be the easiest information to pull up, but it’s not uncommon for taxpayers to […]
Saving on a Tight Budget
How can those who currently aren’t saving afford to save money? And how can those saving only a little save more? Here are nine tips for saving money when budgets are tight.
Save Your Wallet by Being Aware of These Current Credit Card Trends
Are you familiar with current credit card trends? Sure, you know what a credit card is and how to use it. However, some consumers don’t know that the credit card industry changes regularly. Just like any other industry, there are things about credit cards that change all the time. While the cards still work the […]
How to Refinance a Car: Step-by-Step Guide
Refinancing a car loan is a financial process where a loan borrower pays off an existing auto loan with a new one. There are many reasons why people choose to refinance their cars, including getting a lower interest rate, extending a car loan term, or consolidating multiple loans into one. No matter what your reason […]
How To Pay Off Holiday Debt
Holiday debt has become a significant problem in the US, with many Americans falling into debt due to their holiday spending. Unfortunately, most people cannot afford to take on this kind of debt year after year. Recent studies have shown that holiday debt is a major issue for millions of Americans. An estimated 42% of all US […]
How to Adjust Your Spending in a Financial Crisis
There are a number of budgeting philosophies to help guide us through our financial journey. One often cited technique is the 50/30/20, with 50% of your budget going to needs, 30% to wants, and 20% to savings. This method is a great guideline in the macro, but during a financial crisis, you may not have any […]
Family Loans: What to Know Before Lending or Borrowing
Some say you should never lend money to a family member. However, when a family loan situation is approached carefully and thoughtfully, it can be a beneficial solution for getting money to a family member who needs it. What is a family loan? A family loan occurs when a family member lends money to another […]