During pandemic lockdowns, many people drastically changed how they save and spend money. Those that lost jobs or income may have put a pause on retirement contributions, many people with student loans took advantage of the option to temporarily stop making payments, and almost everyone cut back on discretionary spending with more time spent at home…
The coronavirus pandemic has taken a major hit on the economy and the personal finances of workers across the country. The national unemployment rate was as high as 14.7% in April 2020. It’s down to 5.4% now, but many Americans are still struggling to find jobs that pay them enough…
Buying life insurance may be less costly than you think, particularly if you follow some fairly simple steps to keep your premiums down. Research from LIMRA, a membership organization for life insurers, shows that despite record-high consumer intent to purchase coverage, “too many Americans mistakenly feel life insurance is financially out...
Passive income can be a great way to help you generate extra cash flow, whether you're running a side hustle or just trying to get a little extra dough each month. Passive income can help you earn more during the good times and tide you over if you suddenly become...
At the start of 2021, you may have vowed to pay down debt, boost your credit score or build an emergency fund. Perhaps you’re still going strong with these financial goals, or perhaps you’re starting to lose your momentum. Maybe you’ve surrendered altogether.
If you’re in any of these boats, rest assured that…
Everyone wants to enjoy a comfortable retirement, but unfortunately, this goal feels out of reach for most people. Individuals approaching retirement can increase their chances of financial stability by working to master practical money skills that will be essential once the working years are…
Internet financial “gurus” tell you to cut back on lattes and avocado toast if you want to get out of debt. But if you’re barely making enough to cover basic living expenses, getting out of debt isn’t so simple.
Learn how to become debt-free with a low income by following...