According to data revealed by Forbes, 42 percent of millennials are investing more conservatively than their Generation X (38 percent) and Baby Boomer (23 percent) peers. Also, 66 percent of the corresponding age group say that investing in the stock market is “scary or intimidating.” It is possible that much of the fear concerning the […]
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Are you a fan of podcasts? If you are, you must know that these digital shows can pack much information in a short time. From entertainment to education, podcasts are excellent for passing the time by while learning something new. In addition to all the comedy, celebrity, crime, and tech-based podcasts out there, there is
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You may think that personal finance apps used on smartphones are just for millennials and members of Generation Z. You may also feel that phones are only for talking and texting. Well, smartphones have fortunately come a long way in helping us accomplish many of our daily tasks. Specifically, the app store on your phone
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The goal of retirement is to have enough money to live out the rest of your days comfortably. However, what happens if your spending outpaces your retirement income? Statistics are showing that having enough money to rely on for the entirety of retirement can be a challenging feat. According to the Social Security Administration, about
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While being a driver for Uber or Lyft is a great way to earn extra income, it can also come with many tax benefits and disadvantages. Getting an understanding of what can help you at tax time is essential so that you do not owe Uncle Sam more than what you expected. Here are a
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College can be an exciting time, but paying off student loans isn’t nearly as fun. Unless you pay it back or you’re one of a rare few who receives student loan forgiveness, student loan debt can cause negative repercussions in other areas of your life. For example, you might not be able to get a
Is There an Optimal Strategy to Repaying Student Loan Debt? Read More »
Have you ever waited until the wee hours of the morning to study for an exam at the very last minute? Or you didn’t make a dentist appointment until you found out you had a cavity? We can all be guilty of procrastinating. It’s easy to save something for tomorrow. The funny thing is, tomorrow
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Anyone who’s ever been in debt knows one thing: it doesn’t make life easy. In fact, debt can have many negative effects on one’s livelihood. For example, having large amounts of outstanding debt can negatively affect your ability to obtain any type of credit, such as a credit card or a loan. Similarly, if you
Debt Snowball Vs. Debt Avalanche: Which is the Best Approach to Pay off Debt? Read More »
Have you ever walked into your living room, bedroom, or basement and felt as if the mountains of clutter would never end? The disorganization and difficulty in finding the documents or items you need can make daily life much more challenging and unclear. If you think you are alone in dealing with clutter, the data
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Are you mismanaging your credit with your significant other or anyone else? Have you let the heartstrings get pulled again? Have you cosigned for somebody or something whom you know is financially irresponsible? If you know that person couldn’t get a bank loan, a traditional loan, or a credit card on their own… but then you
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If you’re in the market for a loan, chances are that lenders are going to assess something called your “DTI” – also known as your Debt-to-Income ratio. What Exactly is a DTI? And, how can you improve it in order to get that loan that you want? How DTI is Calculated First of all, you
DTI or Debt-to-Income Ratio Explained w/Video Read More »
Saving money, and especially having an emergency fund, is actually incredibly important. Here are 7 reasons why you should save more money and working toward building your emergency cash cushion.
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For Black Womens Equal Pay Day: a lesson to my sisters in knowing your worth and a call to demand more: Sign-up now for The Art of Negotiating For Women on Money Coach University Back in 1994, a senior editor at Dow Jones News offered me a good salary, lows $40s, for a job as a financial journalist. I countered &
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Have you ever received a phone call from the IRS – or from someone claiming to be from the IRS – about an alleged tax debt? If so, you need to know that any such phone call is almost certainly a scam also known as the IRS Collection Scam! The IRS will NEVER call you
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It’s official: the U.S. and China are formally locked in a high-profile trade war. On Friday July 6, 2018, the U.S. hit China with tariffs on $34 billion worth of goods, mostly high-tech items, like aerospace and robotics products, as well as semiconductor chips for cars, computers, smart phones and TVs. China then immediately levied
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