Three tips on building an emergency fund According to the National Bureau of Economic Research, the U.S. economy is officially in a recession. The recession they indicated began in February 2020, ending the longest economic expansion in U.S. history. It defines a recession as “a […]
We are almost at the end of the first quarter of 2024, and you wake up wondering why you are still broke. You keep asking yourself if you will ever get that fairy tale luxury lifestyle, or even, if you will be able to repair […]
Everyday changes that you can make Many people do not have a budget or any other guardrails to determine how they are spending. As such, they are unaware of the types of expenses that may be draining their monthly income and many times causing […]
Wouldn’t it be great to begin reducing your debt ? I know what you might be thinking, that with all the lockdowns all over the world and the unemployment rates, how could I possibly reduce my debt. You have landed in the right place. Let’s […]
Do you find yourself arguing with your partner because of money? Believe me, you are not alone. A 2017 study by Dave Ramsey shows that 86% of couples who got married in the last five years started in debt. A Fidelity Study, Couples and Money, […]
Low credit score can affect your life in many different ways. A low credit score can hinder your ability to make certain purchases, since it is one of the most important factors that banks and other lenders utilize to assess your financial responsibility and ability […]
2024 is a year of new hopes and opportunities for everyone. Now is a great time to reflect on 2023 and determine what new things you need to do for yourself in regards to shoring up your finances aka your money moves for the New […]
Five reasons why investing in yourself is the best investment that you can make At which stage are you in understanding or managing finances and investing in yourself? Here is a quick test to gauge your understanding. Answer these questions on a scale ranging from […]
The beginning of the year is a great time to start Recession or an economic downturn may affect the finances of an economy pretty badly and that’s what many Americans and people worldwide are worried about. With rising debt levels, dropping oil prices, and fluctuating […]
Purchasing power depicts an economy’s living standard and it has been very low in African Americans. A 2019 Survey of Consumer Finances shows little change in the disparity in wealth among racial and ethnic groups. The data shows that a typical white family has eight […]
Retirement planning is essential for an individual especially in times like these where Covid-19 is in existence. The virus has created unprecedented social and economic impact worldwide, which will last for decades to the future. The World Bank’s Global Economic Prospects forecasted a 5.2 percent […]
