According to CNBC News, Americans should aim to have the amount equivalent to a full year’s salary in savings by age 30. By age 40, they recommend having up to three years’ salary tucked away. While these are the recommended values, the reality of the situation is much different. In fact, by 35, the average…
I have been going to the gym regularly for years. It has been a lot of hard work, a lot of effort, and several setbacks. It reminds me of keeping in financial shape. Much like training your body physically you must also train your financial health and your money management. Consistency is Key If…
How long are money orders good for? If you have ever bought a money order and didn’t need to cash it for a while, or if you have ever found an old money order in a drawer, then you may be wondering how long it is good for. Let’s have a look to see if…
Are you financially educated? Anyone can be; it just takes a little bit of know-how to become a financial expert. To be financially educated means you understand a few core financial principles-saving money, budgeting, paying bills, and listing financial goals. Financial education is a lifetime journey, and it ensures financial success for the long term….
How do you become a millionaire by 35? For the average person, it won’t be an easy task. 38% of millionaires are over age 65. Only 1% are 35 or younger. So how can you join the 7-figure club at a young age? Advice for the Average Person There are people that achieve millionaire status…
Spring is in full swing, and the house projects are heating up. Here are a few random notes of what’s going on with me. Record High To say that the run in the markets is unprecedented is an understatement. It is April, and I have set yet another record high with my portfolio. $800,000…
Your personal data is at greater risk now more than ever before. According to cybersecurity experts, during the COVID-19 pandemic, the U.S. has experienced over 4,000 cyberattacks every day. The good news is that you have some control over how your personal data and credit are protected. Here are a few tips you can use…
It is April, and Spring is here. The weather is warming up, the grass is growing, and projects are starting to pile up around the house. My portfolio is currently enjoying an all time high, and we are continuing our search for a rental property. I have been keeping busy with both home and the…
What are the risks of listening to TikTok personal financial advice? Well, there are too many to list in this short article, but we’ll dive in and look at a few. A New Medium for the Same Old Bad Information Bad Financial advice has been around for as long as money has existed. TikTok just…
Despite the fact that 42% to 45% of first marriages now end in divorce, most people don’t begin their legal partnership with the inkling that their happiness might not last forever. Still, marriages end for all sorts of reasons — and money is one of the most common. Even if you never disagreed on finances…