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 get you started.
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 them to be in a deficit. The result is a domino effect, with less savings and unpreparedness for larger future expenses such as purchasing a home, college tuition for their children, and ultimately for retirement.
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 your credit and get out of debt. You ask yourself. Why do I stay stuck in this zone?
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.
We hear quite often how bad credit cards are, and depending on the guru of the moment, you may even hear that you should never use credit cards, and instead opt for cash.
Pro tips on navigating an unusual time for the economy
Investing in mutual funds can be a great way to grow your wealth, but fees can eat into your returns if you’re not careful. While all mutual funds have costs, some charge significantly more than others, which can impact your long-term gains.
Most times when I speak to individuals on the topic of disability insurance, they are usually completely clueless. This applies across all income brackets.
Retirement should be seen as a time to prioritize personal interest, to travel, fulfill lifelong hobbies and so much more
