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 […]
The 15 Best Pieces of Financial Advice
Virtually everyone is interested in financial advice. The money we have and what we can do with it shape our lives and create opportunities. We all want more money, so, how do we get it? There are a lot of things you can do, both mental and physical actions, that can help. Start Saving Young […]
Get Paid to Drive a Car Across Country: How to Make Money on the Road
Getting paid to drive a car across the country is a dream job for many people. The idea of exploring new places, meeting new people, and getting paid for it sounds like the perfect job. Fortunately, there are several ways to make this dream a reality. To start, it’s important to understand the concept of […]
8 Surprising Facts About Middle-Class Income in America
Did you know that the middle class makes up the majority of America’s population? According to the Pew Research Center, in 2020, approximately 50% of adults in the United States were considered part of the middle-income tier. Since the 1970s, this number has gradually decreased as more people dispersed into the lower-income and upper-income categories. […]