Money Matters

Living paycheck to paycheck isn’t ideal, yet that doesn’t stop 62% of Americans from living in that matter. If you constantly feel you can’t keep your head above water financially, it’s time to look in the mirror. All people living paycheck to paycheck are guilty of these financial blunders; how many apply to you? #1. Only Making … Read more

In an economic environment where every penny counts, missteps in saving strategies can lead to financial setbacks rather than gains. Wide Spectrum of Saving Strategies The quest to save money encompasses a wide spectrum of decisions, from everyday purchases to major financial commitments. While the intent is to safeguard finances, the approach to saving can … Read more

America’s aging population faces a grim reality as Social Security trust funds teeter on the brink of depletion. Fund reserves for Social Security and Medicare will be exhausted by 2034, posing challenges to maintaining benefits for current and future beneficiaries.  Retiree Financial Crisis on the Horizon The situation presents a dire financial crisis for millions … Read more

The word retirement can excite pure bliss or financial dread. Are you ready to enjoy a peaceful life, basking in all you have accomplished, or are you worried about the money you have saved? A lot of retirees are not ready financially for the change, but luckily, there are some resources for those in need. … Read more

Building multiple income streams gives you financial security and opens new avenues for wealth creation. Passive income, in particular, is an attractive way to earn without the need for active, daily involvement. Be aware, though, that most passive income streams require either money or a lot of effort upfront before they become truly passive. I’ve … Read more

In the U.S., young adults are facing financial challenges unlike those of their parents. The burden of debt driven by enormous mortgages and students loans are having a dramatic impact on key life milestones.  Financial Dependence on Parents The Pew Research Center reports that less than half of 18- to 34-year-olds are fully financially independent … Read more

California’s financial woes are escalating, surpassing initial projections. Initially, Governor Gavin Newsom anticipated a $37.9 billion shortfall for 2024-2025. However, updated data indicates the deficit could reach $73 billion. While the Legislative Analyst’s Office cautioned of a $68 billion shortage, the actual problem exceeds their estimations. Not Enough Money and Frustration The $73 billion shortage … Read more

The financial world constantly buzzes with expectations and predictions. The new year has brought little relief from the noise as Wall Street’s optimism over potential interest rate cuts by the Federal Reserve has been a major topic. However, the reality presents a different picture – a delay in these anticipated cuts, could lead to pain … Read more

The IRS has rolled out a series of tax code changes for 2024, reflecting adjustments in response to inflation and other economic factors. These updates are crucial for everyone, from the individual taxpayer to families and retirees. The changes affect various aspects of taxation, such as income tax brackets, standard deductions, and retirement contributions, shaping … Read more

Find out what money-saving advice you’ve been given doesn’t work – and might actually be costing you more than they save. Not All Advice is Created Equal If your goal is to save as much money as possible, you’ve probably read tons of advice on how to do so. Tips to living a more frugal … Read more