Did you know that your savings portfolio should be diversified just like your investments? Financial experts recommend giving your savings as much chance as growth as possible. Let’s take a look at an especially great choice for diversifying your savings: a share certificate. What is a share savings certificate? A share certificate is an insured savings account with a fixed …
Love is in the air and the money is flowing like heart emojis. According to the National Retail Federation, the average American spends $221.34 on Valentine’s Day each year. That’s a lot of money to spend on a one-day celebration! Lucky for you, there are ways to enjoy a romantic evening with your partner without going into debt. Here’s how: …
Despite society’s advancements, there are still significant differences in the way men and women manage money. Dozens of studies have been performed on this subject, with research from around the globe. Being aware of these differences can help us understand the ways we deal with our finances. Attitudes toward shopping Men and women look at shopping very differently. A study …
The holidays are in the rearview, but if you’ve gone over budget with your spending, it’s time to deal with the aftermath, which is coming head-on. Here’s how you can get your budget back on track for the new year. Review your holiday spending How much debt did this season’s spending set you back? Spend some time crunching the numbers …
Taking steps to improve your financial health in case of a recession is a smart move. Here’s how to prepare yourself and your finances. Take stock of your financial reality Before you actually make any financial changes, ask yourself these questions: What’s the total of my monthly income? What’s the total of my monthly expenses? What’s the total of my …
It’s a brand-new year, and a new chance at growth for your business. Curious about what your business should be focusing on this year? We’ve got answers! Below, we’ve outlined four New Year’s resolutions for your business. 1. Update your business plan If you’ve established your company the right way, you’ll have drafted a business plan when you first launched …
Holiday hosting can be super-stressful – and expensive! This year, with prices soaring at the grocery and beyond, breaking that budget on hosting duties can seem like a sure thing. Lucky for you, you can change the odds. Here are six ways you can host a stress-free and awesome holiday meal without draining your wallet. Simplify your meal plan It’s …
Borrowing money is often a necessary part of running a business. It’s important to proceed with caution and understand business borrowing before taking on new debt. Here’s all you need to know about striking a balance when borrowing for your business: What is debt capacity? Debt capacity refers to the amount of money a business can reasonably borrow and pay …
With gas prices soaring and expected to continue climbing into the foreseeable future, is it a good time to consider purchasing an electric car? Thousands of drivers are grappling with this question as gas prices peak. While an electric vehicle (EV) might be the right choice for many, there are lots of variables to consider before making this decision. Here’s …
In recent years, newly minted adults have become more dependent on their parents. According to a report by Merrill, more than three-quarters of parents in the U.S. provide financial support to their adult children. This includes allowing their kids to live at home, covering student loan bills, paying for their phone/data plans and more. This development is likely due to …
