Guiding the Way to Financial Freedom
New York residents might be in with a chance for some relief these summer months as the temperatures crank up to unbearable levels in the Big Apple. Summer Scorcher As the sweltering summer months approach, New Yorkers are bracing for intense heat waves. Cooling Relief But there’s good news for low-income residents struggling to keep … Read more
Recently, Nvidia’s stock prices have skyrocketed and its partnerships and reach have expanded to new industries. However, the company did not start at the top. Nvidia’s rise to its current position has taken time, but the organization’s growth shows no signs of slowing down. The Birth of Nvidia Jensen Huang, Chris Malachowsky, and Curits Priem … Read more
Think fast fashion is saving you money? Think again. Hidden behind those irresistible price tags is a cost that hits your wallet harder than you might expect. What’s the real price of staying on trend? #1. Cheap Clothes, Frequent Purchases Fast fashion encourages the cycle of buying cheap, wearing a few times, and discarding. This … Read more
In the high-stakes world of corporate finance, when the big players falter, it’s often the average citizen who pays the price. As the giants stumble through scandals, it’s the hardworking folks who bear the brunt. How many times must we learn these lessons? #1. Enron’s Collapse Enron’s 2001 collapse is the poster child for corporate … Read more
As millions of Americans look forward to a peaceful retirement, lurking financial challenges could disrupt their dreams. Are your retirement plans secure, or are they threatened by hidden dangers? #1. Underfunded Public Pensions Many state and local government pensions are severely underfunded, lacking the assets to cover promised benefits. This shortfall could result in reduced … Read more
America is currently seeing an unprecedented rise in the number of retiring millionaires. Let’s take a look at what’s causing this. Millionaire Milestone The stock market is booming, and with it, a lot of people’s retirement accounts. Thanks to its recent performance, the number of 401(k) millionaires has hit an all-time high. 401(k) Accounts Hit … Read more
A hacking group has claimed that they breached Ticketmaster’s cybersecurity, and now the data of half a billion people could be at risk – if it really happened. ShinyHunters Claim Massive Data Breach A hacking group named ShinyHunters has claimed that it breached live entertainment ticketing company Ticketmaster, and subsequently stole the personal information of … Read more
Ever wonder how the wealthy manage to keep their tax bills so low? Here’s your insider look at some of the tax strategies and loopholes that the rich exploit to minimize their taxes. This isn’t just theory—it’s actual tax code and law in action. #1. Real Estate Professional Status Under IRS code, declaring oneself as … Read more
Despite a miserable view of the economy, Americans are spending like never before. From retail therapy to essential services, customer behavior just isn’t making sense. But what’s driving this surge in spending when the economy seems so bleak? A Pricey Pandemic During the pandemic, Americans trapped inside turned to online shopping for everything from luxury … Read more
California’s rental market is taking a nosedive, with major cities seeing huge drops in rent prices. California Rents Take a Dip According to Zumper, an online rental platform, it could be time to move to California. California Renters Rejoice Plunging rents across the state means that what was once a super expensive place to live … Read more