Guiding the Way to Financial Freedom
The road to retirement is a crucial aspect of financial planning, involving a variety of factors that influence when and how you can comfortably retire. #1. Early Entry into the Workforce: A Head Start Beginning your career at 18 can significantly shape your retirement journey. An early start allows more years to contribute to Social … Read more
Baby boomers benefitted from the bustling economy of the post-war era and, taking advantage of unparalleled prosperity, now have a collective wealth of tens of trillions of dollars. $53 Trillion of Accumulated Wealth According to a report from Cerulli Associates, baby boomers will hand down over $53 trillion to their heirs between now and the … Read more
The American workforce is experiencing a shift, as workers find themselves clocking fewer hours for the same pay, thanks to increased offerings of vacation, sick, and family leave. A Growing Gap A noticeable gap has emerged between the hours American workers are paid for and the hours they actually work, showing an improvement in work/life … Read more
According to news reports, the U.S. job market is robust, and employers are desperate for workers. Despite these claims, many people, especially those over 60, struggle to find employment. Being a mature jobseeker doesn’t mean being automatically excluded from the workforce. There are several things experienced workers can do to land their ideal position. People … Read more
Everyone wants to save some money when they pull into the gas station. Gas is expensive, so finding the right car with the best possible gas mileage can save you from dreading the pump. There are a lot of great deals out there, but what is the best option for you? Luckily, research has been … Read more
As remote work continues to define ways of working, one profession is emerging as the most in-demand: accounting. While tech jobs are usually the poster child for remote work, accounting has now taken the spotlight, offering attractive salaries and flexible work options. This shift is reshaping how and where accountants work, with significant implications for … Read more
For the seventh straight week in a row, the average interest rate for a 30-year mortgage has increased, maintaining steady growth as homeownership dreams are dashed for millions. Reaching New Heights Mortgage rates are reaching heights that have not been seen in recent years, pricing out many would-be homebuyers. In an already difficult market with low … Read more
In an era where economic pressures are mounting, Gen Z is faced with living with their parents to save money or venture out and bear the brunt of high living costs. While seemingly pragmatic, this decision carries long-term consequences that extend beyond finances, affecting their emotional well-being and progression into adulthood. Surge in Multigenerational Living … Read more
Recent survey data highlighting the state of savings accounts in the United States reveals a concerning trend. With inflation on the rise and wages struggling to keep pace, American bank balances are in a dire state. The Alarming Reality of Savings In a survey conducted by GOBankingRates, the data shower an astonishing one third of … Read more
Weddings are a celebration of love, but they can also be a significant financial burden. According to The Knot, the average American wedding cost a whopping $30,000 in 2022! So you can understand why people want to make savings where possible. While it’s wise to be budget-conscious, there’s a fine line between frugal and cheap. … Read more