Today’s Financial Message Just for you, {{ first name | Friend}}
Earning a substantial income is a goal many of us strive for, but cultivating the discipline to save and use that money wisely is crucial. The right money... Continue Reading
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We are certainly living in a time of economic uncertainty that is permeating all levels of our society. For most people, this uncertainty means:
Rising prices for a wide range of basic goods and services
Higher levels of debt
Relatively low growth in income
In times of more debt, lack of personal savings, and rising costs, people are faced with a few critical financial choices.
Not paying off debt has long-term consequences.
But isn’t paying off debt less important during periods of inflation?
And isn’t saving less prudent than investing under the same circumstances?
There are several personal factors that go into determining the right course of action…
Reduce These 7 Expenses to Help You Save Money in Retirement
Many Americans intend to keep working after they have retired. This is because more people are retiring with less savings than they need to be comfortable.
According to data from Northwestern Mutual, 21% of Americans have no retirement savings at all. According to Bankrate, 56% of Americans feel they are off track when it comes to their retirement savings.
This means more than half of American retirees may not be able to take care of themselves during retirement.
Given that the life expectancy of the average American is 79.5 years, this implies that many retirees will live for another decade (depending on their retirement fund) without any source of income…
Today’s Affirmation
I embrace a positive money mindset. I’m learning to make smarter choices in overcoming financial challenges. I shift my focus from shame to... Continue Reading