Guiding the Way to Financial Freedom
Retirement is emerging as a looming nightmare for the oldest members of Generation X. Despite making up one-fifth of the population, and this generation is silently grappling with the largest wealth gap of any cohort, as revealed in the Schroders 2023 U.S. Retirement Survey. The Retirement Crisis Facing Gen X As Gen Xers, over 65 … Read more
Recent surveys show that the millennial generation in America is the most likely to lie about and exaggerate their finances – and finance experts have some advice. Flaunting Their Finances High inflation and increased cost of living are affecting Americans across the wealth spectrum, but statistics show that one group is still feeling the pressure … Read more
If you’re currently navigating the job market in any industry, AI might be impacting your search and your success. Here’s how. Navigating the Job Market More Difficult Than Ever You may have noticed that in today’s job climate, it’s harder than ever to get to the interview stage of the hiring process. You have the … Read more
More millennials and Gen Z-ers are opting to wait to leave the nest. Find out why they aren’t moving on as quickly as older generations. Study Finds Adults Staying With Family in High Numbers One recent study showed that an unusually high percentage of millennial and Generation Z adults are still living with family, and … Read more
Considering looking for a second job or side hustle to supplement your income? Check out these options that can help pad your bank account. Most Americans Could Use Extra Money If you’re finding yourself in need of some extra cash to make ends meet, you’re not alone. Two-thirds of Americans are living paycheck to paycheck … Read more
Buying a home can be a daunting financial challenge, especially for teachers. Fortunately, several programs offer substantial aid, making homeownership more accessible for educators. Understanding the Good Neighbor Next Door Program The Good Neighbor Next Door initiative provides eligible educators with a remarkable opportunity to purchase homes at half their appraised value. This program, however, … 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
The latest consumer price index reveals a higher-than-expected rise in December, signaling ongoing inflationary pressures. What does it mean for consumers? Higher-Than-Expected Price Increase In December, the consumer price index (CPI) in the United States rose by 0.3%, surpassing economists’ predictions. This unexpected increase brings the annual inflation rate to 3.4%, indicating that inflationary pressures … Read more
As employees relished their year-end bonuses in 2023, the joy was tinged with a realization that the average bonus had dwindled to $2,145 from $2,730 in 2022 and $3,583 in 2019, as revealed by Gusto, a payroll software firm. Here’s the full story. The Changing Job Market Year-end bonus checks are now smaller, reflecting the … Read more