Today’s Financial Message Just for you, {{ first name | Friend}}
A financial emergency plan is a clear guide to help you handle tough situations like job loss, medical bills, or natural disasters. It gives you a step-by-step way... Continue Reading
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14 Tasty Tips for a Budget Friendly Thanksgiving
The American Farm Bureau Federation’s annual survey claims the average cost of a Thanksgiving meal for ten people in 2024 to be $58.08, approximately $5.80 per person. It’s a 5% decrease from 2023, but is still 19% higher than before the pandemic.
$27 – the average cost for a 16-pound turkey – a 6% drop from 2024. This decline is attributed to lowered demand and the increased availability of alternative meat choices such as pork and beef.
A Statista survey indicated that well over half (63%) of U.S. consumers planned to spend between $50 to $199 on Thanksgiving-related items, while about 12% expected to spend more than $200
What’s Your Risk Tolerance? 3 Different Types & 5 Factors to Help You Find Out
Risk and reward are mutually exclusive in the world of investment.
The reward you gain from an investment is most times proportionate to the risk you take.
A higher investment return might be the payoff for taking on risk. If you properly invest in higher risk assets, such as stocks or bonds, with a long timeline and a long-term financial goal in mind, you may be able to earn more money than if you just save your paycheck.
On the other hand, for short-term financial objectives, lower risk cash investments may be more suitable.
However, it’s important that you understand how not knowing your risk tolerance could result in you losing some or all of the money you invest…
Today’s Affirmation
I am open to endless possibilities. I have the courage to embrace the unknown. Money flows back to me effortlessly... Continue Reading