August 2024
The Unstoppable Type A Personality
Ah, the Type A personality. Often portrayed in the media as high-strung perfectionists, these individuals are known for their relentless drive and determination. Many Type A individuals possess an incredible work ethic, attention to detail, and a passion for self-improvement. They can be inspiring leaders and innovative thinkers who push the boundaries of what’s possible. […]
13 Surprising Things You Can Buy With EBT
Do you prefer shopping for daily essentials on a budget? If you use an Electronic Benefit Transfer or EBT card, you’ll be amazed to know the range of purchasable items extends beyond the basic bread and butter. While EBT cards are commonly used for food assistance through programs like SNAP (Supplemental Nutrition Assistance Program), you […]
Captivating Profits, Controversial Practices, and Corporate Plundering: What Is Private Equity?
Private equity is one of the largest areas of the financial sector but remains largely a mystery to most. Since the average retail investor generally doesn’t have direct access to private equity funds, they become a black box. So, what is private equity, and how can it affect you and your finances? Unless you’re a […]
Why Debt is an Addiction: How to Recognize and Overcome It
Debt can be defined as a situation when you owe money to individuals, creditors, or organizations such as banks. Addiction is “the state of being enslaved to a habit or to practice something that is psychologically or physically habit-forming.” Addiction comes in many forms, from drugs and alcohol to gambling and sex. But one addiction […]
7 Cities Paying off the Most and Least Household Debt
Household debt in the U.S. is extremely high, totaling $17.7 trillion. This debt includes everything a household owes, including car payments and mortgages, as well as student loans and other debt. During the first quarter of 2024, the amount of household debt went down by about $135 billion. People in certain cities have gotten rid […]
Looking for a Career in Finance? These are the 10 BEST US Colleges to Study
A recent study has identified the top US states and colleges for students pursuing a financial career, including stocks and trading, with Utah emerging as the leader. The ranking, created by investing experts CreditDonkey, used nineteen metrics in five categories: admission standards, career outcomes, cost, finance specialization, and education quality. These metrics combined to […]
9 Important Things To Keep In Mind When Comparing Life Insurance Policies
Life insurance is a complex financial instrument, but it is not a complicated one. A life insurance policy can serve many functions, but it is, fundamentally, a tool to reduce risk for you or your family. A policy can cover funeral expenses or the costs of a child’s education, provide for a surviving spouse, children, […]
4 Habits That Actually Cause You To Spend More Money
Are your everyday habits secretly draining your wallet? Discover the sneaky spending pitfalls and learn how to take control of your finances with our latest article. We’ve all been there – you check your bank account balance and wonder, “Where did all my money go?” In today’s world of convenience and instant gratification, it’s alarmingly easy to […]
States Where People Have the Lowest Income
In the U.S., the average person has a median income of about $74,600. Some states have incomes above this, and some below. For the states that have the lowest incomes, the median income of those in the state was compared to the top 5% of earners and the bottom 20% to get the full picture. […]
How to Max Out Your Retirement Accounts: 401(k), IRAs, and More
Nowadays, retirement seems like a nightmare for most job holders due to record-breaking worldwide inflation, war, and stock-market volatility. A study in 2020 showed that 40% of people in America are frightened of being retired to financial instability. This is why you necessitate a retirement account. But, running a retirement account is not all to […]