Did you know that 41% of baby boomers have no retirement savings? That's unfortunate, but true! And it's also a wake-up call that you should start saving up sooner than later. If you've everything figured out in your forties, you can relish your golden years to the fullest. Well, you must think beyond the basics such as looking after your health, staying active, and socializing to avoid isolation. We've got some unspoken secrets happy seniors swear by. So, let's dive in and unveil them for you.
Read MoreDid you know that the solar panel industry is expected to increase exponentially by the year 2025? With more customers than ever getting residential solar panels, there is no doubt that the boost will also lead to massive solar savings.Have you ever wondered how much money solar panels save? Here is a guide to the different types of savings, solar incentives, and tax breaks that you can get from installing residential solar panels on top of your home.
Read MoreMany of us go through life, worrying about our job security. We fear the day when our source of income is taken away from us, leaving us (in our minds) destitute and unable to look after our families. Are you worried about job security at the moment? If so, this post is for you. In it, we discuss some of the things that you can do if you fear that your job might be on the line. We also talk about how to manage psychologically so you don’t create a self-fulfilling prophecy.
Read MoreAn investment portfolio has always been a terra incognita for many. While the 9-5 jobs have attracted most people, history's lesson is almost no one got rich by working 40 hours per week. But crushing 80-90-hour work weeks has done no good to anyone's health in the long term. Even if multiple solutions exist, somehow, people prefer to listen to YouTube gurus, instead of the brightest investment minds, like Warren Buffet and Charlie Munger.
Read MoreBad credit is a daunting concern, and you will want to do anything to get it on track. It is vital to understand the factors that affect your score in the first place. Inability to pay your bills and bad financial choices are the most frequent troublemakers. At times, even a lack of credit can lower your score because you do not have a borrowing and repayment history. When it comes to addressing this concern, several measures can help. Surprisingly, refinancing your auto loan is one way to deal with the situation. The good thing about this option is that it offers double the benefit by making your car payment more affordable. Let us explain the ways it can help repair your bad credit.
Read MoreHome purchasing is seen as one of the integral parts of one's life decisions. It may cost you a hefty amount of money, but at the same time, it is something that you make for a lifetime. A slight improvement in a family man's economic status often makes him think about investing in the good home property. While it is a wise act of showcasing concern towards your family it also demands a lot of thinking and heading ahead with a strategic approach.
Read MoreAdults have a peculiar sense of time. Somewhere in our 20s, years cease to be endless months of changing seasons and sprawling life opportunities, and instead, we’re faced with two seasons (hot or cold) and the same indistinguishable and unmemorable working day to endure. Despite the drudgery, the whole year manages to whoosh by at lightning speed. One minute, we’re all singing Auld Lang Syne, the next we perhaps recall a birthday before once again shopping for festive gifts to exchange over a roast turkey. Time is out of control. And that’s worrying when it comes to savings plans.
Read MoreCongratulations on deciding to take control of your finances! Even the most financially savvy people had to start somewhere, so if you’re new to the game, you’ve come to the right place. Take the first step on a rewarding journey towards financial prosperity with these five essential tips for beginners.
Read MoreOn the opposite side of the argument, many parents say that this is a way of giving your child a head start. It's particularly helpful when they're an adult and going to university or college. Having some extra savings will help them get through each semester without flying through their student loan. It could be argued that not saving money for your kids is rash as it puts them in a bad financial situation when they're older.
Read MoreAfter decades of working hard, raising children, and celebrating the many things that make your life feel full, entering your golden years is bound to feel like a true reward embodied by endless relaxation. Whether you have dreams of settling down along a Florida coastline or want to tackle the many checkboxes decorating your lengthy bucket list, living out your golden years in your idea of luxury is of the utmost importance. And after your many years of hard work, you deserve to let loose and live a little.
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