Are you nearing retirement and wondering how much you should have invested in stocks? In a previous article published on Wealthtender, I covered the importance (albeit unpleasantness) of good retirement planning, the 7 risks you face, the ideal (but impractical) solution, and offered a more practical approach. That approach requires investing in higher-risk/higher-reward assets like […]
Some daily habits, that technically have nothing to do with money, can hugely improve your relationship with it. And most of them will enhance your life in other ways too. Practicing Gratitude This is one of the most commonly recommended pieces of advice from money mindset gurus, but it’s not as easy as it sounds. […]
Individuals often need cash to pay for items like a down payment on a new home, unexpected medical bills, or just simply to consolidate debt. Two common options to shore up money are tapping your 401(k) plan’s assets or taking out a personal loan. While neither choice is indicative of an ideal financial situation, there […]
If you spend any time in the personal finance space online, you will likely be familiar by now with the FIRE (Financial Independence, Retire Early) movement. It’s a concept whereby those of us lucky enough to have decent-paying, middle-class jobs aim to live cheap, save aggressively, invest wisely, and retire well below the ‘normal’ retirement […]
You’ve probably seen them before. They are the people on social media throwing the most lavish parties, driving the luxurious cars, and traveling to the most beautiful vacation spots. But the real question is who are these people and how can they afford it? Who Are the Joneses? The phrase “Keeping up with the Joneses” […]
In my early 20s, I lived through inflation of over 30 percent. That’s a lot, right? Much higher than the latest US CPI increase of 8.6 percent year-over-year (YoY). What you don’t realize (yet, since I haven’t told you) is that this was not an annual rate. It was in a single month! The annual […]
Are there wedding bells in your near future? If you’re engaged and reading this article, you likely have a lot of questions on your mind. How can I plan an unforgettable wedding? Should we go on a honeymoon right away? Where will we live once we’re married? Should we combine our finances? Thinking about all […]
Being a woman comes with some stereotypes when it comes to money and investing. Traditionally, women have often been told they’re not good with money, not aggressive enough when it comes to investing, and not as financially savvy as the men in their life. As recently as 1974, a woman could be refused credit if […]
Resolving to be better with finances is easier than actually taking action, so not everyone who wants to do better will follow through. However, according to a new study commissioned by Slickdeals, 76% of Americans have resolved to be smarter with their finances in 2022. The top 5 goals stated by the 2,000 respondents to […]