You are not alone if you feel like things are getting more expensive. The Consumer Price Index for All Urban Consumers increased 5% over the past 12 months, which is the highest increase since 2008. As of June 2021, prices for food, transportation, and household furnishings are on the rise, according to CNN Business. Higher prices combined with a higher-than-usual unemployment rate might have … [Read more...]
9 Alternative Investments to Consider in 2022
Some experienced investors believe that having a diverse investment portfolio helps to both manage risk and increase overall potential returns. Because of this, there has been an increase in interest for alternative investments. In today's economy, building wealth may take more than a traditional 9-to-5 job and investing in stocks, bonds, and mutual funds. Smart investors will look for … [Read more...]
Home Based Business Ideas To Start Earning Money in 2022
The Small Business Administration reports that small business employment has decreased by 17 percent since the COVID-19 pandemic started. This is a higher rate of decline than the overall private employment, which has decreased by 15 percent. The unemployment rate is still fluctuating, but it is expected that the job market will be slow for some time. You don't have to find a traditional … [Read more...]
Retirement Planning – The Ultimate Guide for 2022
Retirement planning is a long-term process that gradually becomes more detailed as time goes on. If you want to enjoy a retirement that is both comfortable and secure, you need to save up enough money to finance it. The good news is that paying attention to the less exciting aspects of retirement planning can actually be enjoyable, because it means you are one step closer to achieving … [Read more...]
Retirement Mistakes You Will Regret Forever
Meeting your retirement savings goals is a long process that takes years of planning, saving and investing. Even if you have a perfect plan, it can be difficult to achieve your goals. Here are four retirement mistakes that are easy to make—and how to avoid them. If you want to avoid making the worst retirement mistakes, you need to be realistic about your future plans and think ahead. According … [Read more...]
Financial Commandments for Long-Term Success
But this, too, shall pass. You will not be financially lost forever. It may feel like that when you're in young adulthood. Managing your finances for the first time can be overwhelming—what with the daily expenses, big-ticket costs such as housing and health care, heavy debts and long-term goals, including your ridiculously distant retirement. But this, too, shall pass. The earlier you … [Read more...]
Should I Invest in My 457 Plan?
The 457(b) retirement plan is a tax-advantaged way to save for retirement that is designed especially for employees of state and local governments, as well as a few tax-exempt organizations. If you are employed by the federal government, you have access to a thrift savings plan instead of a 457(b) plan. The 457(b) retirement plan is a good option for government employees looking to save … [Read more...]
Pay Off Student Loans Fast With These 8 Strategies
If you are struggling to pay off a large amount of debt, you are not alone. Many people face similar challenges when they leave college. There are ways to manage your debt and get back on track financially. The 2015 class of college graduates have an average student loan debt of $35,000, which is the most in history. Also, the total student loan debt in the U.S. has increased to 1.3 trillion in a … [Read more...]
12 Ways to Be Wealthier A Year From Now
An entrepreneur is someone who starts their own business. They are in control of their own financial success. Many entrepreneurs dream of being rich. This means having a lot of money, being able to buy whatever they want, and not having to worry about money. However, in the real world, there are very few billionaires. Most people are not rich and have a lot of debt. The truth is that some people … [Read more...]
Affiliate Marketing 101: What Is Affiliate Marketing and How to Get Started
Affiliate marketing is a way for you to make money by promoting a company's products or services. This is similar to a referral program, in which you can recommend products and services that you enjoy to your audience through your blog, website, social media channels, or YouTube channel. If your audience then purchases that product or service through your recommendation, you receive a small … [Read more...]