According to a study by the Economic Policy Institute nearly half of American households report having zero retirement savings. In this sorry state of affairs, a book that was published nearly 62 years ago seems appropriate. Bob Belmont, a sci-fi novelist, authored a manifesto called How to Retire Without Money, in which he shared his philosophy of […]
Millennials have a rosy outlook concerning retirement financial solvency that doesn’t square with reality. Most Millennials, the age demographic of young people between the ages of 21 to 37, expect to retire by the age of 56. A large percentage of Millennials also expect to become millionaires something within their lifetimes. Investment brokerage company T.D. […]
If you are thinking about hiring a financial advisor — paying someone to manage your money for you — then you should be aware of the lies they might tell you. I personally don’t use one and I believe in most cases, you shouldn’t either. Here’s four lies many so-called advisor will tell you. ‘The […]
If you think it’s the right time to ask for a raise, you should be prepared when you negotiate with your supervisor. The following five key points will help you be ready when you ask for more money from your employer. Decide if you plan to stay at your company Before you ask your boss […]
If you want to know the secret to budget traveling, it’s traveling during off-peak months. The most expensive times to travel are in the summer and right before major holidays. And another secret is to travel to countries where the dollar has an advantage over the local currency. Here are two countries that you can […]
The Social Security Administration announced on Tuesday that it expects to pay out more money than it takes in this year. That means that it will have to draw on its trust fund for the first time since 1982. The annual report from the trustees had predicted there would be a shortfall, but not until […]
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 […]
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 […]
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 […]
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 […]
