Financial Tips

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.

Do you get a large tax refund or owe money to the IRS every year? Learn why this is not a good strategy and how to optimize your tax withholding to break even on your taxes.

Mint, the leading budgeting app for many years, is shutting down on January 1, 2024. If you are one of the millions of Mint users, you might be wondering what to do next. Don’t worry, there are plenty of other great budgeting software options that can help you manage your money. In this article, we will review some of the best ones and how they compare to Mint.

Do you have federal student loans? If so, you may be interested in a new repayment program that can lower your monthly payments and forgive your debt after a certain period of time. The program is called the Saving on Valuable Education (SAVE) plan, and it was announced by the Biden administration in July 2023. In this article, I will explain how the SAVE plan works, what benefits it offers, and who can qualify for it. I will also tell you how you can contact me for a free consultation to create a personalized plan that suits your needs and goals. Read on to find out more.