Maximizing Your Credit Card Rewards – 7 Tips to Consider
If you listen to personal finance guru Dave Ramsey, credit cards are something to avoid at all costs. And that is a good rule of thumb for overspenders who cannot control themselves. But, if you can responsibly pay off your spending every month without incurring interest, credit cards are incredibly valuable. You can use credit […]
Is Peer-to-Peer (P2P) Lending the Right Option For You?
Throughout your life, you’ll come across times when you need a loan or new credit. And you’re not alone in this. According to TransUnion, the average American had $11,687 owing in personal loans as of the second quarter of 2024. Loans are simply a necessity sometimes. But just because you need a loan doesn’t mean […]
Planning for Long-Term Care Expenses
Long-term care (LTC) is a reality many people face as they age, yet few adequately prepare for its financial implications. While it isn’t always a pleasant situation to think about and can bring up a lot of emotions. Planning for LTC expenses is crucial to making sure you or your loved ones receive the necessary […]
Preparing for Retirement: How Healthcare Expenses Shape Your Decisions
With healthcare costs skyrocketing, you may wonder how to handle the additional strain on your budget. Increasing costs for medical care, prescription drugs, and preventative services may also greatly impact your financial security during your retirement years, particularly since the cost of healthcare can increase as you grow older. Making smart decisions with your retirement […]
AI’s Role in Transforming Personal Finance
Automated expense tracking. Real-time updates. Investment planning. AI has many benefits in personal finance, and it is more affordable and accessible than ever. You, too can utilize the power of AI to transform your financial life, whether you’ve used AI before or you’re a complete novice. Learn exactly how AI can positively impact your money […]
Health Savings Accounts: What They Are and Why You Need One
A health savings account (HSA) can help you plan for and manage healthcare costs. It’s a beneficial tool for improving your finances now and in the future. HSAs can pay for qualified medical expenses while reducing your taxable income and contributing toward your retirement. What Is a Health Savings Account? An HSA is defined as […]
7 Tips to Help Your Teen Improve Their Financial Literacy
You worry about your teen in many ways. You worry about what they eat, what they wear, who their friends are, and how they do in school. But as they get older and become interested in getting a part-time job or deciding what career path to pursue post-high school, a new worry has likely entered […]
Comprehensive Estate Planning Beyond Traditional Wills
Making arrangements for your finances and assets in the event of your incapacitation or death is an essential task to ensure that your estate is handled per your wishes. Preparing the necessary documents in advance gives you full control over the decision-making process and prevents the burden from falling on your loved ones. You may […]
9 Major Common Life Events That Will Impact Your Finances
Life is unpredictable. And you won’t be able to plan for every financial surprise that hits you along the way. But, part of being financially responsible is preparing for what you can. Most people experience major life events that greatly affect their finances. Being aware of how these big life moments will impact your wallet—and […]
5 Tips for An Ethical and Sustainable Approach to Investing
Investing is all about making your money work for you so you can grow your contributions quickly and maximize your return. But money talks. And any time you use your money to purchase a product or invest in a company, you’re essentially supporting that organization. Therefore, there are certainly some ethical considerations when it comes […]
