While stock options and company shares can be lucrative, relying too heavily on your employer’s stock can be risky. Discover why diversification is crucial for safeguarding your wealth.
Many homeowners feel trapped in their homes because of their low mortgage rates. But there are ways to overcome this challenge and move to a new home when the time is right. Learn how to factor in home values, income, savings, and interest rates to make the best decision for your future.
Long-term care is a growing issue as more people need some sort of assisted living. Learn how to plan and save for your parents’ long-term care needs without compromising your own retirement or your children’s future.
Something I’ve been hearing quite a bit is what’s going to happen when fiat currency comes to an end. First off, fiat currency is not coming to an end any time soon, especially for the United States. A lot of times, the people that are spewing this information are either companies that are trying to sell gold, saying we’re going to go back to a gold-backed currency, so buy gold now. This doesn’t make any sense to me. Why would you do that if we’re going back to a gold-backed currency? Because if we do go back to a gold-backed currency, then your money is linked to gold. So why would you need to buy gold if it’s going to link to gold anyway? In this article, I will show you why we have a fiat currency instead of a gold-backed currency and why it is better for the economy and the value of the dollar.
Learn why banks charge more interest in the beginning of your mortgage and how you can save thousands of dollars by paying more towards the principal.
Adding your child as an authorized user on your credit card might seem like a smart way to boost their credit score, but it could backfire and damage their credit history. Here’s why you should let your child build their own credit score and handle their own finances.