Articles relating to various Personal Finance topics.
The impending “income cliff” is almost here per CNBC. Come July 31st, 2020 the extended unemployment benefits of $600 ends. And right now the U.S. Government states they will not extend it (as of this post’s publication). So today I want to provide 3 tips on how to survive the fall. Tip #1 On How […]
As the U.S. economy continues to sputter as the states reopen, there are still millions of Americans filing unemployment claims. When the extended unemployment benefits end on July 31st, more Americans expect to have more financial troubles because they will not have the money to pay their bills, including rent or their mortgage. Now there […]
Yes, I sold my individual stocks in this booming stock market. Do I regret it? Not at all. Why I Sold My Individual Stocks The stock market isn’t tied to reality. There are millions of Americans out of work, protests and riots throughout America, and companies pulling their guidance about their earning this year yet […]
Living lean has been my motto for the past three to four years at least. I wanted to get out of debt, and the best way to do so was to work more and devote that extra money to my creditors. In July 2019 I achieved my goal and I’ve been debt-free ever since. Yet, […]
America is going through tough economic times due to the shelter-in-place orders closing down various non-essential businesses. In turn, millions of workers lost their jobs. The latest report from the federal government shows there are 33 million unemployed Americans. While some people believe the economy will rebound after the country reopens, I’m not so sure. […]
Millennial estate planning is very important because we need to prepare to take care of our loved ones if we’re not around. One could suffer a medical aliment which leaves him or her needing medical treatment for the rest of his or her life. Or one may have to adopt a kid or kids after […]
While talking to various Millennials and reading articles devoted to the generation online, I heard and saw that we like convenience. Be it living close to work (and paying higher rents) or having dinner delivered (with an added fee), Millennials enjoy it. However, when times become tough and we must downsize to survive, we, like […]
This article is devoted to the Millennials with children or planning to have children: Please improve your finances! If you do, this will strengthen your children. Improve Your Finances To Reduce Financial Stress Being in debt causes stress. In this study 56% of Americans said debt caused them stress. In that same study, Millennials were […]
Millennials, it’s time that we break the poor money management cycle we learned from our parents. To do so, we must teach our children how to manage their money properly. A great way to do this is giving your children an allowance. In this article, I explain how kids & allowance prepares them for a […]
Millennials, open your bills! Yes, I know you have one you pulled out of your mailbox sitting on a table or desk somewhere. Once you saw it was a bill, you grew sad or angry or both and decided not to deal with it. However, avoiding your payment due doesn’t erase the debt. Open Your […]