Merely hearing the word “recession” causes most people to react with utter fear. I was a stockbroker during the Great Recession of 2008 and saw how dreadful it was for investors. Thanks to the novel coronavirus, you may want to know how to prepare for a recession. Given the significant measures … [Read more...] about How to Prepare for a Recession: 6 Steps to Take Now
11 Best High-Yield Savings Accounts for 2022
Are you tired of your local bank’s near-zero percent rates and annoying fees? It doesn’t have to be that way. The best high-yield savings accounts earn as much as 1.70 percent and can turn your interest income from pennies into dollars. A higher interest rate makes it easier to save for … [Read more...] about 11 Best High-Yield Savings Accounts for 2022
7 Simple Ways to Save More Money This Year
It's hard to believe it's 2022 already. Many want to save more money this year but don't know where to start. Thankfully, it's not as difficult as it might seem. There are many ways you can save money every month to help reach your goals. Finding ways to save this year can help you reach various … [Read more...] about 7 Simple Ways to Save More Money This Year
How to Make A Budget: The Ultimate Guide
Do you know how to make a budget? Do you believe living on a budget is difficult, so there's no point in creating a budget? You're not alone. Discussing budgets is something I do on a regular basis with people who want to learn how to effectively manage their money. In fact, I had a conversation … [Read more...] about How to Make A Budget: The Ultimate Guide
COVID-19 Unemployment Insurance Benefits: How Much Do You Get?
Over the past few weeks, millions of Americans have started to do something they once thought unimaginable – file for unemployment insurance benefits. American jobs are a very real casualty of the COVID-19 pandemic. Like most, I have friends who have lost work as a result of the novel … [Read more...] about COVID-19 Unemployment Insurance Benefits: How Much Do You Get?
Coronavirus Stimulus Checks: How Much Will You Get?
Many people are feeling the financial impact of the novel coronavirus pandemic from temporary layoffs and business closures. Most taxpayers will be receiving coronavirus stimulus checks soon. Adults can each receive up to $1,200 plus $500 per child. A family of four can get a one-time payment of … [Read more...] about Coronavirus Stimulus Checks: How Much Will You Get?
25 Ways to Get Your Finances Back on Track Right Now
Before I began paying off my debt, I was constantly reminded of one thing – I was stuck in a vicious cycle. No sooner did breathing room appear than it would vanish into thin air. Payday came and went, and all my money was gone. If you feel the same way, it is possible to get your finances back on … [Read more...] about 25 Ways to Get Your Finances Back on Track Right Now
How to Save $10,000 in a Year: 9 Ways to Save More This Year
The New Year is here and many of us have the same goal - saving money. Most want to simply start saving, but others want to save a significant amount of money, such as $10,000. You may think it’s impossible to save $10,000 in a year. Such a life-changing number feels impossible to achieve - … [Read more...] about How to Save $10,000 in a Year: 9 Ways to Save More This Year
Common Monthly Household Expenses: How to Save More Money
What do you think of when you hear the word 'budget'? Do you think of something restrictive or something that gives you freedom? By nature, most people hate living on a budget. They think you can't enjoy life on a budget. However, we know that's not the case. A budget is actually a tool to help … [Read more...] about Common Monthly Household Expenses: How to Save More Money
9 Smart Uses for Your Tax Refund
Tax season is upon us. Are you ready for it? Whether you have started on your tax return or not yet, if you are expecting a tax refund, you should probably think about how to best spend it. The average tax refund was almost $2,800 for the 2017 tax year, according to the IRS. That means many … [Read more...] about 9 Smart Uses for Your Tax Refund
How to Pay Yourself First and Grow Your Wealth
There is one thing you can do for your finances that can have a major impact on your life. This one thing helps you save more money, spend less, and be better prepared for the future. The one thing that lets you do all that is quite simple - pay yourself first. Saving money is great. It's a … [Read more...] about How to Pay Yourself First and Grow Your Wealth
5 Ways to Deal With Financial Stress and Improve Your Finances
Between work, kids, bills, and debt, dealing with financial stress is not uncommon. Money is one of the top causes of stress; financial stress and depression are real. These are even bigger sources of stress when your finances change often or you struggle to make ends meet. It's important to keep … [Read more...] about 5 Ways to Deal With Financial Stress and Improve Your Finances