Opinions are split, but not evenly. In spite of soaring student debt, often heralded as a crisis by the national media, the majority of students still say it was worth going into debt to get their degree. This is in spite of the fact that US graduates are carrying a staggering $1.5 trillion of debt, […]
College years are so much fun and memorable. You get to open a whole new chapter of your life, gain independence, and acquire new friends who may stick around for life. Still, there’s the other side of the story as well. For most college students, money can be quite an issue. You don’t have the […]
Investing is necessary to hit nearly every financial goal imaginable, including retirement. Some people are scared of investing, but what you should really be afraid of is the consequence of not investing. There is a huge opportunity cost to sitting on the sideline. For example, take someone who is a diligent saver and put away […]
In a perfect world, you’d wake up every day and live the life of your dreams. Unfortunately, however, this is easier said than done. Sometimes, you need the support of a professional such as a life coach to achieve your unique goals. From young professionals to leading athletes, people from all walks of life often […]
Budgeting is one of the most fundamental things to learn to get your finances under control. Budgeting takes a look at how much money you have coming in, and how much money you have going out. Once you have a good idea of your cash flow (money in and money out), you can figure out […]
Not everybody loves a challenge, but for those who do, they can work wonders. Try these five money challenges, in whatever form gets you most fired up, to improve your finances. 1. The Savings Challenge This can take many forms. The only rule is that it has to involve saving, and like any challenge, it […]
There are a lot of really good reasons to get life insurance. I’ve been in the financial industry for about a year and a half now, and have seen a lot of things from my clients. But even though there’s a lot of reasons to get life insurance, there are a few very common ones. […]
It’s been a tough year. Maybe you’re in debt. Or you’re about to be. Maybe you’ve been in debt for a while and things are getting worse. It’s tempting to think a side hustle will help. And it could, as long as you don’t go into more debt to start it. If you need a […]
Sometimes when I talk to people about financial planning, their response is ‘Oh I have a pension plan, I don’t have to worry about that stuff’. Although having a pension plan can be good, having that mindset can be detrimental. There are essentially two types of pension plans: Defined Contribution (DC), and Defined Benefit (DB). […]