Budgeting is key to reaching your financial goals, regardless of whether or not you rely solely on commission. Doing so allows you to maintain control of where your income goes while making sure enough savings is set aside for retirement or other major purchases. For maximum ...
Read More
Time Value of Money (TVM) is an integral aspect of understanding investment and finance-related decisions, from business evaluations and budget planning decisions, to retirement savings strategies. TVM is designed to demonstrate how the value of one dollar changes over time, ...
Read More
No matter your financial goals - saving for something special, paying off debt or making a career change - side hustles can help you meet them more efficiently by helping manage expenses properly and increasing profits. By employing modern banking technology such as open and ...
Read More
An HSA allows you to save and invest for healthcare costs on an tax-advantaged basis.1 They differ significantly from health care flexible spending accounts (FSAs), which offer similar workplace perks but with lower contribution limits and typically require you to use or los ...
Read More
Budgeting allows you to determine how much income is necessary for meeting personal expenses, paying off debt and funding other goals. A budget also serves as a motivational tool that may inspire higher-value clients or reduced expenses and lead to higher earning potential. ...
Read More
Understanding your spending triggers -- whether they're boredom, stress or keeping up with the Joneses -- is key to avoiding impulse purchases and creating and sticking to a budget. Consider joining a financial accountability group for support and encouragement as you work o ...
Read More
There are several key strategies homeowners can utilize to save money when renovating and upgrading their homes. First and foremost, understand your budget. Many homeowners set aside savings accounts specifically for repairs and renovation expenses. You can also find charts ...
Read More
, partner at Collaborative Fund and former writer for Wall Street Journal and Motley Fool is one of the finest personal finance books I've read. His clear insights provide wisdom without excessive jargon. How We Think About Money Attracting wealth requires less brainpower an ...
Read More
Lifestyle creep is fine, but it is essential that your short- and long-term needs and goals remain balanced or you could find yourself in places you never intended. Here are a few strategies for avoiding lifestyle creep after receiving a raise: Invest in yourself with small ...
Read More
Unlearn how your emotions and biases influence the decisions and outcomes of financial transactions. Behavioral finance provides a more accurate picture of human decision-making than traditional finance theories that assume only rational behavior. Investors and financial pro ...
Read More