New Study Shows More Retirees Unable to Stay Solvent Bankruptcy is a painful process at any point in life, but it’s especially excruciating when you are at or near retirement age. There’s no time to recover and build retirement income.
How much information do you think you would need to change your financial life? How many classes would you need to take? Or how many counseling sessions would you need to have before you felt you could handle your personal finances? As a previous financial advisor, I met more than my fair share of clients that could have used hours and hours of my time and never really got their finances in order. So maybe simple is better. So let’s use this 3×5 card to advance your financial life. The card was written by University of Chicago Professor Harold Pollack who basically says that the best personal finance advice is simple and available for free at your local library.
When life becomes extremely hectic and money is tight, it can be extremely difficult to keep up financially. While personal loans for individuals are always an option to consider in the event bills are overdue and payday is a week away, another way to solve the problem is with a secondary source of income. There are some side hustle options
Approximately 96% of American workers say vacation time is important to them, so it's not surprising that it's something a lot of folks spend their spare time daydreaming about. But before you book a getaway of any kind, it's important to do a lot of research first. In the digital age, vacation scams are becoming harder to spot -- and it's costing
Everyone would love to have a huge amount of money to spend but not all of us are able to visualize millions or billions of dollars. How can you do this more easily, and why does it even matter if you can do it or not? To start with, being able to imagine large sums of cash is important if
When searching for a way to make extra money and you alight upon day trading, you need to investigate what kind of trading platform makes sense for you. That is where Interactive Brokers comes in. When you look at daily average revenue trades, IB is the largest online broker in the United States. Plus, it is the largest forex broker
Managing and improving the health of your personal finances can be daunting. Even people who are good with money on a professional level often have problems with personal budgeting. When it comes to personal budgets, managing debt, and good spending habits, people often have trouble cutting the fat. We often overspend on food, entertainment, and non-essential goods, and fail to
When Labour Day passes and the summer heat turns into chilly fall evenings, it hits you. It might be a display in a store or an ad on TV, but Christmas is coming. If you’re looking for a unique gift idea this year, consider the gift of a silver or gold coin. It may not be high on your children’s
Purchasing your own home is an emotional roller coaster ride. It can be nerve-wracking, exciting, intimidating and sometimes can even be complicated. As a serious home shopper, it can take you anywhere from 3 months to over a year just finding that perfect home. You may find the perfect place, only to find out it’s out of your price range.
If you have done any shopping online, you would have by now realized that online prices are just cheaper when compared to offline prices that you pay at your local mall. Since online retailers are able to centrally hold their inventory in a single warehouse with low overhead costs, they are able to pass on a lot of their cost