Managing your student loans while saving for retirement can feel like an uphill battle. Although it can be a long and complex process, there are many ways to fast-track it. If you make the right choices, you can boost your savings and work toward eliminating your debt for good. Why Prioritize Paying and Saving Simultaneously? […]
Is there nothing more daunting than getting a raise? However, it is worth it if you are able to secure a significant salary increase. In the end, a raise means more money in your bank account. This can be used for paying down debt, saving for retirement, or simply enjoying a better quality of life. […]
How you allocate your assets between equity and debt is one of the most important decisions you’ll make when investing. In addition to being riskier, equity investments, such as stocks, also offer higher returns. Compared to equity investments, bonds offer a lower return, but they offer a lower level of risk. What’s the ideal equity-to-debt […]
In most cases, private student loan forgiveness doesn’t exist. Although it may sound morbid, certain private lenders will forgive your loan balance if you die or are permanently disabled. In contrast, income-driven repayment plans and other federal student loan forgiveness programs allow you to partially or fully forgive federal student loans. Even so, President Biden’s […]
Buying a home or owning a property can often feel like a pipeline dream for those that are self-employed, or working as a freelancer. Typically, any lender will carefully evaluate the financial criteria of any mortgage applicant. What many lenders are hoping to see is someone with a steady, full-time job, and a bulky paycheck. […]
A complex portfolio filled with high fees can make investing overwhelming, but it can also grow your wealth over time. By simplifying your investment strategy, however, you can achieve better results, reduce stress, and save money. Here, we’ll examine 26 investment strategies that can streamline your portfolio. and reduce fees. 1. Determine clear and attainable […]
Imagine you’re walking a tightrope, balancing retirement savings in one hand and your child’s college fund in the other. It’s a delicate act, isn’t it? According to a recent survey, many parents consider a risky shift in this balance. A stunning 68% would consider dipping into their future funds to cover their child’s education costs. […]
It’s easier than ever to spend money today. You can get caught up in the spending vortex with online shopping, subscription services, and shiny gadgets. If you want to get rich, you must understand the modern money traps that can sabotage your plans. Let’s take retail stores for example. Whenever people go into one of […]
