Buying or selling a home is not easy. There are a lot of technical financial terms that your realtor and banker will use frequently. Here are 17 real estate words every buyer and seller should now before going into a deal. Starter home According to housing experts, entry-level or “starter” homes typically cost less than […]
When you do need a will? Pretty much the moment you own any assets at all, assuming you want to leave those assets behind to a loved one. According to AARP, more than 60% of Americans under the age of 72 don’t have a will. The same AARP study found that 81% of people over the […]
Social Security scams are on the rise. The November Retirement Confidence Index from SimplyWise reported that 47% of Americans were targeted by a Social Security scam in a recent three-month period. SimpleWise found that 53% of seniors were the target of a Social Security scam over the same period. What’s more, 21% of seniors were […]
There is no denying the fact that Social Security is the main source of retirement income for most seniors in the country today. Data shows that social security accounts for nearly 50% of retirement income for half of the aged population in the country and nearly 90% of retirement income for 25% of the aged […]
Everyone wants to be wealthy. However, it takes dedication and sacrifice to build wealth. Being wealthy involves adjusting your financial mindset about money. You must continually view money as a tool to make more money. To achieve that, you must make your money work for you instead of continually working for money. Most importantly, generating […]
Debts are the worst. Money you spend on interest and paying back principal is money you can’t invest or spend on yourself. If you find yourself in a similar situation, it’s critical to take steps to pay down your debts as quickly as you can. Below are six tips that can help you pay off […]
The golden rule when it comes to claiming Social Security is that you should wait until you reach your full retirement age in order to maximize the benefits you can receive. You get paid more for waiting because the government calculates that you are likely to collect for fewer years. Each year you wait means […]
The only thing that can stop you from getting a side hustle in the 21st-century gig economy is a lack of imagination. Here are three part-time side hustles out there that can pay as much as a full-time job. Remote curriculum writer A curriculum writer is an education professional who writes lesson plans and educational […]
While the rule of thumb is to retire at the age of 65, here’s the truth: Most Americans retire at the age of 62. In fact, in 2017 the average age of a living retiree was just under 60 years old. How to retire early? It takes real planning. The sad truth is that more […]
Is a 401(k) rollover the right move for your financial game plan? Here are some key steps to start your rollover by finding the right spot for your money without incurring taxes. First, what is a 401(k) rollover? When you move money to an IRA from an old employer-sponsored plan like a 401(k), that is […]
