9 Ways to Prepare for a Recession

Man working on his computer with lots of graphs in the background

Recessions are economic downturns that can significantly impact individuals and businesses alike. While predicting when a recession will occur is challenging, taking proactive preparation steps can help you weather the financial storm. Here are nine effective ways to prepare for a recession and safeguard your financial stability. 1. Build an Emergency Fund Saving and creating […]

How Your Credit Score is Calculated

Woman on her computer checking her credit score

Have you ever wondered what actually makes up your credit score? Understanding each component that goes into calculating your credit score can not only help you make informed financial decisions but it can also give you peace of mind when you are trying to just begin your credit journey or are working to rebuild or […]

Credit Cards for Small Business Owners: Managing Finances and Expenses

Person on their computer using a credit card

Credit cards, when used smartly, can be a powerful tool for small business owners, providing a convenient way to manage finances and track expenses. They offer benefits such as reward points, cash back, and improved cash flow management, but they also come with potential risks if not used responsibly.  Keep reading as we explore the […]

Social Security and Taxes: What You Need to Know

Older person at a desk on a computer working

Social Security is a hot topic and staple of retirement planning in the United States, providing financial support to retirees, disabled individuals, and survivors of deceased workers.  However, understanding how Social Security benefits interact with taxes can be complex. This review aims to demystify the relationship between Social Security and taxes, offering essential insights for […]

A Beginner’s Guide to Budgeting: Tips for Financial Success

Man working on his computer at a desk with spreadsheets around him

For many, the thought of budgeting can be overwhelming. It brings to mind restrictions and the daunting task of tracking every penny spent.  However, effective budgeting is not just about restraining spending but about understanding and managing your finances to achieve financial security and goals. Keep reading as we offer practical tips to get you […]

Social Security for Self-Employed Individuals: Planning and Contributions

Woman working at her desk on a computer

When most people open a retirement account, retirement planning can seem overwhelming and distant. However, self-employed individuals face unique challenges compared to those who work as company employees.  Unlike traditional employees, the self-employed must take full responsibility for their own Social Security contributions and tax payments. Understanding how Social Security works for the self-employed is […]

Student Loan Refinancing: Reducing Debt and Managing Payments For Long-Term Success

Graphic of a woman looking through paperwork on her floor

Student loan debt affects over 40 million adults, impacting the ability to save, invest, or make major life decisions. One potential strategy to reduce debt and manage payments is refinancing student loans. Our guide will explain how student loan refinancing works, its benefits and risks, and how to determine if it’s the right option for […]

Real Estate Investment Strategies for Long-Term Wealth Building

Graphic of a neighborhood of different houses

Real estate investment has long been a trusted avenue for building sustainable, long-term wealth. Beyond just owning a home, real estate offers diverse opportunities for generating income and growing capital.  By adopting effective strategies, investors can leverage real estate to create financial security and generational wealth. Keep reading as we explore proven strategies that can […]

Retirement Planning with AARP: Workshops, Webinars, and Tools

Retired man on his laptop sitting in a chair

Retirement planning is one of the most important components of your long-term financial well-being. Starting early can make a huge difference in achieving your goals.  AARP, one of the most prominent organizations dedicated to empowering Americans aged 50 and older, offers comprehensive resources to help individuals plan for a secure and fulfilling retirement. Their workshops, […]

Worried About Retirement? Here are 5 Retirement Income Streams to Consider

Retired person on their computer making money

Retirement can feel both exciting and overwhelming at the same time. The idea of getting to stop work is very appealing. But, the thought of living off of just social security and pension payouts can be frightening. However, you can feel much more secure in your retirement if you plan ahead and find additional retirement […]