Avoiding Lifestyle Creep
Lifestyle creep is a phenomenon where people increase their spending as their income increases, leading to a higher cost of living and less disposable income. This can be a dangerous cycle that can lead to financial instability and debt.
Pay Yourself First
Your savings rate is key for measuring your financial health and achieving financial independence.But which comes first: saving money or paying expenses?
Healthcare Plans
It's that time of year when you can sign up for a new health insurance plan or change your existing plan. It's important to choose a plan that meets your needs and budget.
The Death of Active Management
The latest SPIVA report card was just released showing a whopping 97% of mutual funds underperforming their own benchmarks. There is no legitimate excuse to be paying Wall St. mutual fund stock pickers anymore.
How Your Credit Score Actually Works
Your credit score is a numerical representation of your creditworthiness, and it plays a crucial role in your financial life. A good credit score can help you qualify for loans at lower interest rates, save money on insurance, and get approved for apartments.
Navigating Insurance
In the confusing world of insurance products, a prudent approach is crucial to safeguarding our financial well-being. It is important to avoid the allure of complex offerings like "infinite banking" and "index universal life" insurance.
Combining Finances In A Relationship
Managing money in a relationship can be challenging, but sharing financial responsibilities can lead to stronger partnerships. According to a recent study by LendingTree, here's what we discovered about how American millennials view and manage their finances as couples.
Tax Planning Strategies
Tax evasion is illegal. Tax avoidance is encouraged. Here is how a financial advisor adds value with tax planning and strategy.
The Price of Real Estate
Census data speaks volumes about the uphill battle millennials face in achieving homeownership dreams. The numbers tell a tale of soaring home prices and stagnant wages, creating an increasingly challenging landscape.