The following article by WalletHub highlights the top 10 financial resolutions of Americans for 2021:
The end of the year -- as if you don't have enough to do with holiday preparations -- is a great time to review your finances. There may be changes to make during insurance open enrollment or before the start of the new year.
When it comes to preparing for the future and retirement, nothing helps more than a healthy savings account. But what if your savings just doesn’t feel like it will be enough to cover future monthly expenses?
That is where the power of compounding interest comes in. Compound interest is a means of investment that makes your saved money grow just by existing in your account.
Any manager worth their salt knows the value of a prepared team. Providing ample resources, both in terms of professional growth and personal wellness, is a valuable asset for any workforce and encourages staff members to be proactive and productive. Many managers find their staff to be more relaxed, focused, and attentive when they can set aside distractions like health concerns, financial stresses, and other complications from their home lives. Career planning and financial education tools can be a wise investment for employers who want to boost their team’s focus and minimize unnecessary stress.
While buying a home is a significant expense itself, homeowners will also spend a great deal of money on renovations, additions, and maintenance after they buy. It can be easy to overspend on renovations and remodeling expenses, but there are plenty of ways for homeowners to save money. Consider these tips to help you save money when remodeling, repairing, or maintaining your home.
Aside from housing and transportation, many people find that food is one of their largest spending areas each month. Between groceries, work lunches, and dining out, food costs can be a silent budget killer. Because we all need to eat, eliminating this line item is not possible. However, there are a few ways that individuals and families can save money by cutting their food budget. Consider following these tips to save money on food — without going hungry or eating instant ramen for every meal.
Although many Americans have had to put their nuptial plans on hold, plenty of couples are still working towards their dream weddings — and everything that comes after. Any married couple will tell you that marriage is hard. It takes dedication, hard work, and love on both sides to make things work. Unfortunately, many couples struggle most with the financial aspect of their relationships. Whether you are newly married or are looking to tie the knot at a later date, discuss these five pieces of financial advice with your partner and get a head start on a financially healthy marriage.
The National Association of Insurance and Financial Advisors (NAIFA) and EveryIncome have completed an educational partnership agreement, under which EveryIncome will provide content for blog posts, as well as articles for NAIFA’s Advisor Today. NAIFA and EveryIncome will work together with financial professionals to educate consumers on financial literacy and client life event solutions.
According to a survey released by the National Endowment for Financial Education® (NEFE®), nearly nine in 10 Americans say the COVID-19 crisis is causing stress on their personal finances.
In July alone, there were 2.3 billion records[1] breached globally. That’s about 74 million a day, an astounding number of people to be subject to a cyber attack. Domestically, there’s an attack every 39 seconds, affecting one in three Americans a year.[2] The same study explains how hackers are able to levy so many attacks a day. They program software to strike large numbers of computers simultaneously and write code that controls which usernames and passwords to try – those that the hacker believes are most likely to be used.
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