Category Archives: Finance

5 Simple Ways to Maximize Your Income during Retirement

5 Simple Ways to Maximize Your Income during Retirement

One of the most pressing concerns for people nearing retirement is the possibility of running out of money. Unfortunately, this fear is grounded in reality. The Employee Benefit Research Institute (EBRA) reports that more than 80 percent of Baby Boomers in the lowest income quartile will run out of money within two decades of retirement.… Continue Reading

5 Enlightening Tips for Managing Debt Effectively after Retirement

5 Enlightening Tips for Managing Debt Effectively after Retirement

In an ideal world, people retire after they have paid off all of their debt. However, this is not always possible for a variety of reasons. While you should try to eliminate debt in the years leading up to retirement, many people stop working while they still have monthly credit card bills, mortgage payments, and… Continue Reading

7 of the Best Free Online Courses to Learn More about Personal Finance

7 of the Best Free Online Courses to Learn More about Personal Finance

No one is born with innate financial knowledge. Unfortunately, this truth means that many Americans will have some major regrets in terms of how they handle their personal finances. On the other hand, individuals today have more tools than ever before to learn about personal finance and possibly avoid some of the most common mistakes.… Continue Reading

6 TED Talks on Personal Finance You Need to Know About

6 TED Talks on Personal Finance You Need to Know About

People who want to learn about personal finance have more tools than ever before with the growing popularity of blogs, podcasts, and more. One of the best resources that individuals can use to learn more about taking control of their finances are TED Talks, a series of presentations providing unique insight on a particular subject… Continue Reading

How to Write the Strongest Home Purchase Offer Possible

How to Write the Strongest Home Purchase Offer Possible

One of the most stressful personal finance processes that people may go through is purchasing a home, which includes everything from making an offer to securing financing. In a seller’s market, like the one we are currently in, individuals often face a lot of competition when they put in an offer on a home. For… Continue Reading

7 Ways to Change How You Think about Personal Finance

7 Ways to Change How You Think about Personal Finance

People often think that managing personal finances boils down to saving money whenever possible and minimizing spending, but this is a very simplistic point of view. In reality, one’s financial wellbeing is more about mindset than actions. While actions are what get people out of debt and boost their savings, individuals need to take the… Continue Reading

5 of the Most Problematic Personal Finance Regrets Americans Face

5 of the Most Problematic Personal Finance Regrets Americans Face

A survey that Bankrate conducted last year showed that only 20 percent of American adults have no financial regrets, while more than 70 percent of respondents said there were very specific mistakes that they wish they had not made. Among the respondents’ biggest regrets, the one cited most often was not starting retirement savings early… Continue Reading

7 of the Changes to Tax Law That Taxpayers Need to Know

7 of the Changes to Tax Law That Taxpayers Need to Know

While the 2017 tax season was largely business as usual, things will be very different in the 2018 season because of the new laws that were passed in late 2017. To maximize returns, or at least minimize how much is owed, individuals need to start thinking about the changes they need to make to their… Continue Reading

7 Personal Finance Strategies You Need to Know if You Are in Your 40s

7 Personal Finance Strategies You Need to Know if You Are in Your 40s

Once individuals hit their 40s, they need to focus on securing their finances so that they are ready for retirement and other demands. During this time, kids may be preparing to start college and parents may need expensive nursing care. Consequently, our 40s prove extremely stressful in terms of finances, and this makes it extraordinarily… Continue Reading

What You Need to Know about Long-Term Care Insurance

What You Need to Know about Long-Term Care Insurance

One of the most crucial considerations when preparing for retirement remains the forms of insurance that will keep individuals and their nest eggs safe. Recently, high premiums have driven down the sales of long-term care insurance. This form of insurance provides coverage for long-term supports and services—from in-home custodial care to stays in skilled nursing… Continue Reading