How to fatten up your ‘thin’ credit file
A thin credit file can be a challenge for young adults new to the world of credit. Your credit file represents the number and type of accounts you have opened, as well as any […]
How many bank accounts do you really need? The answer may surprise you
How many bank accounts should you have? This is a question that often brings up a lot of debate. Some people are adamant that you shouldn’t have more than one while others believe in […]
Here’s how to take control of your money in 2022
Once you start hemorrhaging money, it can be challenging to get your finances back in order. What once seemed like a controllable problem starts to feel like a helpless one. It becomes difficult to get […]
10 investments that could earn you a great return
The goal of investing is to have your assets appreciate at a higher rate than your money would sitting in a savings account. Many consider a “good” investment to be around 7% per year, based on […]
21 life & money goals for teens
There are significant benefits for teenagers who set goals. Goals can teach the difference between wants and needs, motivate teens to challenge themselves, and teach them to ask for assistance when necessary. Goals can also […]
7 ways you can build credit without a credit card
A credit card is how many people build their credit. Unfortunately, not everyone can get approved for one due to poor or no credit history. If you’re in this situation, don’t worry! Other options can […]
Here’s why investing in stocks isn’t the same as gambling
What is the difference between investing in stocks and gambling? In one word, everything. The stock market is not a game of chance like at a casino or racetrack; it’s a place for investors to make […]
Yes, you can retire at 60 with just $500K. Here’s how
Maybe you’re a 60-year old man who’s spent his whole life-saving money diligently little by little. You worked hard to earn a living and knew that in the end, the thing you really cared about […]
Money can’t buy happiness (but it sure can help)
“Money can’t buy happiness.” That is a common phrase, but it’s not exactly true. I say that, because- Yes, money cannot make you happy on its own. But money can help with the things that […]
Want to start investing in stocks? Learn how to do this first
Nobody comes born with the innate ability to know what will happen to stock prices. To be successful at buying and selling stocks, you need to learn how to research before investing. Investing in stocks […]
Here’s what happens if you don’t file your taxes
Tax season rarely represents a fun time of year unless you know you’ve got a refund coming to you in the mail. And if you owe money? Consider tax day as your sworn enemy. If […]
7 wealth building habits to secure your financial future
While landing a high-paying job is a good step, many more factors are involved if you want to have a financially secure future. It’s essential to learn wealth-building habits to ensure you’re financially stable not […]
How to properly use the oldest rule of investing
The concept of “buy low, sell high” is popular across a variety of industries. People who buy cheap houses, renovate them, and sell them for more are doing a version of buy low, sell high. So […]
16 times you might need a tax pro
Taxes create a considerable amount of stress, regardless of whether your tax situation proves simple or complex. Oftentimes, simply having to set aside time for preparing taxes can prove a hassle. Sometimes, hiring a tax professional […]
How to build wealth you can pass on to your kids
By definition, generational wealth, also referred to as family wealth or legacy wealth, represents wealth passed down from one generation to the next. If you can leave behind a notable amount of money or assets, that […]
11 great accounts for first-time investors
When choosing from the best types of investment accounts for young investors to open, you should consider when and how you plan to use the money (education, retirement, etc.) and whether they are qualifying or non-qualifying […]
What to do when the stock market is crashing
I have been careless in some of my decision-making. Careless is being generous. My decisions were naïve and arrogant. When I was learning how to start investing with little money, I bought SiriusXM stock on news […]