There is growing momentum that calls for Social Security benefits to be paid at a flat rate. This would be a huge departure from the current system. As it stands, your Social Security benefit payment is based on three factors. These are: How much income did you earn over your lifetime The year in which […]
In general, buying things on credit is better than using debit cards, as long as you are responsible with your spending. There are several benefits to using a credit card to make purchases. Financial flexibility Credit is the most convenient way to pay for needed items while enjoying the flexibility of paying later. You can […]
Retirement is complicated for those considered self-employed, including business owners and entrepreneurs in all categories. Around 10 percent of all Americans who earn a paycheck consider themselves to be self-employed. This segment of the working population may be falling behind on retirement savings. While studies show that about 42 percent of people who are self-employed […]
When it is retirement planning time, there are many factors you will need to consider. In addition to weather, proximity to family, and health care access, the amount of income or savings that you will have for retirement is first and foremost. This is most likely the highest priority on retirees’ minds when thinking about […]
Whether you’re planning a vacation or traveling for business, finding the best price for a flight can make a significant difference in your travel budget. With airline prices constantly changing, it’s essential to know how to score the best deals. Here are five effective ways to get the best possible price for a flight. Be […]
Few personal finance metrics wield as much influence over your life as your credit score. This seemingly innocuous number, ranging from 300 to 850, can significantly shape your financial future. One of the most noteworthy ways a high credit score can positively impact your financial journey is by serving as a key to unlocking substantial […]
According to the 18th Annual Transamerica Retirement Survey, 70% of American workers dream of a retirement spent travelling the world, visiting exotic locations and enjoying the diverse cultures of the world before it’s too late. The only problem with this plan is that travelling can often be quite expensive. Unless you want to live like […]
In the digital age, technological advancements have revolutionized numerous aspects of our lives, including finance. Artificial intelligence (AI) has emerged as a powerful tool in the financial sector, transforming the way we manage our money. While traditional financial advisors offer valuable insights and guidance, AI-driven financial advisors present a new and promising frontier. In this […]
Getting rid of all your debts can be a very intimidating and stressful process. An individual who is in debt is always looking for ways to become debt-free without having to pay it off. There are a few ways to do this but more often than not, avoiding paying your outstanding debt can prove to […]
There is usually more than one reason why your utility bills are always high in the winter. And, for every obvious reason, there could be more causes for home energy loss creating higher energy bills you don’t see. Here are five ways to save more money on your winter utility bills. Get an energy audit […]
