saving
-
Budgeting
Simple Tips for Saving
Read on for a few tips that can give you the start you need and help you ensure that the wealth you need is attainable.
Read More » -
Budgeting
How to Become a Millionaire at Any Age
We all want to join the millionaires club; it’s the epitome of success world over. To motivate you, nearly nine out of ten millionaires (88%) are self-made, according to this study by Fidelity Investments, so why not you and me?
Read More » -
Budgeting
The Best Savings Opportunities in 2020
When we entered 2019 one year ago, businesses and consumers, alike, were concerned about the economy. During that time, trade relations between the US and China escalated. In addition, the Federal Reserve hiked interest rates several times in 2018, with more increases planned for 2019. Just as importantly, the stock market plummeted and reached alarming lows. However, one year later,…
Read More » -
Budgeting
How to Cope with Higher Gas Station Prices
Just as with any other product, the gas station prices that consumers pay to fill their cars depends on the cost of producing the fuel. More specifically, when petroleum, the original product that gas is derived from, becomes more expensive, so does the cost of transportation. In those situations, consumers may struggle to find cheap gas nearby them. Since early…
Read More » -
Budgeting
Part Two: Inflation and Your Health Premiums
Generally, the government takes care of a portion of your health insurance premiums. The amount is based on someone’s income bracket, which changes every year because of inflation. In a previous article, we discussed how this impacts the average monthly health insurance cost, even if a household’s income doesn’t go up or down. The change will effect the 2019 Medicare…
Read More » -
Budgeting
Traveling in Financial Style: Ways to Save Abroad
Travel can be expensive - or, not so expensive - depending on the way you go about booking some of your major costs. It never hurts to shop around, and as the internet and globalization expand, tech is making many existing rates lower as well as offering new, more affordable alternatives.
Read More » -
Budgeting
The 2020 Inflation Adjustment and Your Health Premiums
Starting next year, inflation will impact the average monthly health insurance cost and the Medicare premiums 2020 rates. More specifically, even if your income doesn’t change, inflation might diminish your taxable earnings. In turn, you may qualify for lower premiums and tax savings. Having said that, higher health insurance options are also on the table. If your income increases, so…
Read More » -
Banking
What’s Going On? Behind the Downward Spiral of Global Interest Rates
Interest, or the money paid to someone for the privilege of using their capital, has historically always been positive. When you put money into a certificate of deposit, savings, or other deposit account, the bank uses the cash you’ve entrusted to them to loan out to other borrowers or make other investments. You earn interest for giving them the opportunity,…
Read More »
