Handling finances is a tough ordeal for a lot of people especially for those that are just about to enter the professional world right after college. According to NACEWEB.org, there were about 1.8 million bachelor’s degree graduates for 2015. These graduate are just part of the total students who just left higher education and about […]
Importance of an Emergency Fund
The memory of the 2008 US recession is still fresh from the memory of people especially for those without an emergency fund. It affected everyone’s life and forced us to take a long hard look at our personal financial health. It made us look deep in our accounts and our pockets to check if we […]
Retirement and Income Replacement Ratio
Retirement brings mixed emotions to a lot of people. Some are dreading the day they have to retire fearing the worse. They do not know what to do with their time because they were employed for most of their life. That routine they have developed, practiced, improved and for some, perfected will now be a […]
Mounting Debt Threatens the Fragile Middle Class
According to recently-available data from TransUnion, one of the country’s principal credit-reporting agencies, American consumers are more leveraged today than at any point in the past year. The average household’s credit card debt increased by 6 percent over last year’s figure to nearly $5,000. Worse, consumers appear to be falling further behind on their credit […]
Paying Off Credit Card Debt Fast
Credit card debt is one of those things that is very easy to build up quickly. Most people alternate spending between major credit cards, online retail accounts and store credit cards until most of those cards are maxed out. Most people look at building up credit card debt in the same way that they look […]