Guiding the Way to Financial Freedom
Deciding whether to use a credit union or bank can be a tricky process, but knowing what features are important to you in a financial institution is a great place to start. Considering Your Options If you’ve ever wondered whether banks or credit unions are a better fit for your money, it’s a good idea … Read more
Understanding the costs of living worldwide can be tricky and expensive. Whether it’s rent or your morning coffee, some countries charge a lot for the luxury of living there. Here are the top 18 most expensive countries to live in, where enjoying a fancy lifestyle often means paying a high price. #18. Canada With a … Read more
A new report has claimed that there could be something fishy going on with a certain benefit payment that millions of people across the country receive. Budget Bungles A recent study from the Economic Policy Innovation Center has alleged that $34 million of taxpayer money is wasted daily due to errors and inconsistencies in food … Read more
The “great wealth transfer” isn’t just about the children of the wealthy – it will also affect their spouses and partners, with wives and girlfriends inheriting the bulk of an “intra-generational” transfer. The Great Wealth Transfer Economists have been talking non-stop about the “great wealth transfer,” where 10s of trillions of dollars are expected to … Read more
Leaving a good legacy behind for your children is the hope for most parents. Ensuring your family is well looked after by the time you’ve passed is always a delicate and critical process, yet a necessary one. Recent years have forecasted that Baby Boomers would leave the most wealth to the next generation. The markets … Read more
If you’ve ever wondered what it’s like to have an almost unlimited bank account, just take a look at what Ken Griffin purchased for a whopping 8-figure sum at a Sotheby’s auction this week. Eye-Watering Auction Numbers Billionaire investor and founder of multinational hedge fund Citadel Ken Griffin has spent an eye-watering sum on a … Read more
Economists previously warned that if inflation is kept high for too long, it risks “hyperinflation.” If Trump is elected, he has plans to shake up the U.S. economy. Here are the possibilities. Interest Rates Kept Too High For Too Long Economists have previously expressed their concern about the inflation rate. A prolonged high interest can … Read more
The Biden administration is taking the fight to America’s landlords. Taking on America’s Landlords The Biden administration is trying to solve a big issue for many Americans: crazy high rent prices. Biden has just announced that he wants to cap annual rent rises at 5% for landlords who own over 50 units. Capping Rent Hikes … Read more
The quintessential American Dream of homeownership is becoming increasingly elusive for many. Here are 20 reasons why achieving this milestone is more challenging than ever, reflecting broader economic trends and societal shifts. #1. Skyrocketing Home Prices Image Credit: Shutterstock / Sutthiphong Chandaeng Home prices have soared across the country, far outpacing wage increases, making it … Read more
Estate planning isn’t just for the wealthy—it’s a critical process for anyone wanting to safeguard their family’s future. But where do you start? #1. Draft a Will Image Credit: Shutterstock / SteveWoods A will is fundamental. It dictates how your assets are distributed and can help prevent family disputes. Without one, state laws determine who … Read more