The gig economy has been expanding at a scorching pace, with some surveys indicating that nearly one in three American workers now participate in it, whether part-time or full-time. A Harvard Business Review study showed that participants in the gig economy do well because they avoid the distractions, pressures, and monotonous routines associated with the […]
Vermont Governor Phil Scott has signed into legislation that will pay people to relocate to the state in a bid to grow the state’s flagging taxbase and reinvigorate the economy — by attracting workers who sign in online to work elsewhere. The “Remote Worker Grant Program” went into effect on May 30. The governor wants […]
Prices for everything have skyrocketed, especially housing. While trying to live an independent lifestyle, a major hindrance you are sure to face is expensive housing costs. Living in big, traditional houses is no longer feasible for many as they become increasingly difficult to maintain. Focusing on cheap housing options can reduce these costs drastically. Here […]
Making the most out of your tight and stringent budget is something that we all know we should be doing, but many of us are either misguided, undisciplined, or simply too lazy to follow up. Here are five ways to save and even grow your money on a budget: Record your expenses Recording your expenses […]
A Chicago flight attendant has hit the news for turning her financial life around. At 39, Bianca DiValerio was nearly broke after a divorce and the sale of several failing rental properties. But now, she claims to be just a year away from full financial independence. And how did she do this? By saving 75 […]
Tax season has arrived, and if you would like to lower your bill to the government this year, it is important to understand what tax credits you can claim. First, tax credits shouldn’t be confused with tax deductions. A tax credit will directly offset the tax you owe, while a deduction reduces how much income […]
In the realm of retirement planning, the financial landscape can be intricate. Navigating through the various strategies to optimize your retirement funds while minimizing taxes requires a keen understanding of the tools at your disposal. One such powerful tool is the Roth conversion, a strategy that can potentially lead to substantial tax savings during your […]
The skyrocketing cost of healthcare has become prohibitive for many Americans. More people seem to be skipping physician visits, and U.S. healthcare costs rose to $10,000 a year per person in 2016. According to a recent national poll, over the past 12 months 44% of Americans said they didn’t go to the doctor when they were […]
Shockingly, one in three U.S. households do not prepare any monthly budget at all. An equally concerning issue is that even those who do make a budget can end up making significant budgeting mistakes. Budgeting errors can lead to financial trouble down the road. Let’s look at some of the common budgeting mistakes and how […]
When it comes to low-risk investments, a certificate of deposit (CD) is an excellent option for individuals looking to grow their savings while maintaining the security of their funds. CDs offer a fixed interest rate and a specific term, making them an attractive choice for those seeking stability and predictable returns. In this post, we […]
