According to the National Financial Educators Council, only 16% of young Americans are optimistic about their financial future. 1/2 of millennial participants expressed concern about not being able to pay back student loans. A different study found that 62% of millennials live paycheck to paycheck. Financial illiteracy among young people is an epidemic that needs …
How Can You Start Being Financially Responsible? Read More »
Filing for bankruptcy is one arduous, stressful, and anxiety-inducing process. The decision to do it is already a tough one, though you understand that it is one way that you can protect yourself and remaining assets. This becomes difficult, as you have to know how you will deal with your creditors and prepare for the …
Filing Bankruptcy: Protecting Yourself and Other Relevant Things Read More »
The thought of living on your own, earning your own money, and spending it any way you want is one of the greatest deceptions about adulthood. Sure, it happens, too, but there’s more to adulting than that. The transition to adulthood entails a lot of sacrifices and responsibilities. A lot of decision-making and consequence-reaping if …
The Cost Of Adulting: Managing Your Resources As You Step Into Adulthood Read More »
So you’re fresh out of college and starting an entry-level job. Or maybe you just started a small business. Either way, you’ve just started earning your own money for the first time in your life, and making big financial moves does not seem like the most urgent thing in the world. The opposite could not …
7 Money Moves Young Adults Can Make in a Pandemic Read More »
If you are a business owner, following the money trails of numerous transactions is an arduous task. You have to track down simple transactions like purchasing a copier or paying for the services of an orthodontist to huge contracts with suppliers. This is one of the tasks that a chief financial officer or CFO can …
Business Finance: Should You Outsource Your CFO? Read More »
A dried-up ement fund is one of the biggest fear among retirees. Staying independent, whether from family or the government, is invaluable — and you can take steps to ensure you stay standing on your own two feet until the very end. Save Up Whether you’re working in AT&T and up for retirement, a solid …
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Trust funds have been in use for decades to safeguard family wealth. They exist for a reason. If you have worked hard for your money and are worried about how it will be distributed after your demise, then think about creating a trust fund for your loved ones. There are many advantages to doing so: …
Protect Your Wealth: 3 Advantages of Creating a Trust Fund Read More »
Your credit score impacts a lot of things you can or cannot do. It’s always in your best interest to improve your credit score whenever you can. There’s no need to discuss the reasons behind your low credit score because you already know them. But what you should address instead is what you can do …
People end up with debt many times in their lives. The common one is for student debt but people can collect mortgages and credit card debts, too. For those who are having a hard time living and dealing with their debt, there are several options available. None of them is easy and they bring their …
How much debt do you have? Has it become unmanageable? Well, you are not alone. Studies show that the average American has a personal loan of around $38,000. The situation is so bad that 4 million Americans use most of their wages to pay delinquent consumer debts. If you are interested in paying off your …
