The consumer price index, a government measure of inflation, has gone up more than 6% in the 12-month period ending in October. That means everything is 6% more expensive, on average. And that means every dollar you have that isn’t earning greater than a 6% return is currently…
6 steps to higher net worth: a year-end financial checklist
If you want to build momentum for your New Year’s money resolutions, set some financial improvements into motion before the end of the year.
Here are six easy-to-implement steps to help boost your…
Inflation is eating away your savings: here’s how you can keep up
Time is money, but time is not money’s friend — at least not in the current inflationary environment. When inflation is up, the purchasing power of the dollar goes down, which not only affects the cost of goods and services but also impacts your savings and investment earnings…
No matter your age, here’s how to tell if your finances are on the right track
The path to becoming financially secure is not linear. Nor is there a one-size-fits-all approach.
But to put your head in the sand over saving and investing, whether for retirement or some other goal, is perhaps the worst strategy of all…
Here’s what happens when you make the minimum credit card payment only
Credit card debt is a lot like body weight: It adds up when you’re not paying attention and can be hard to get rid of. Once credit card debt has crept up, your monthly budget may feel too tight to pay more than the monthly minimum payment.
There is no industry-wide interest rate or even…
8 insider tips to get rich in real estate
If your only experience investing in property involves paying your home's monthly mortgage, you might want to consider expanding your real estate portfolio. In fact, there are a number of ways to make money through real estate, and not all of them require taking out a big bank loan or...
Should you buy a house with cash?
In today’s low-inventory housing market, homebuyers are looking for any way to get a leg up on the competition when putting in an offer on their desired home.
If you have the means, an all-cash offer is a great way to fast-track…