The COVID-19 pandemic caused the economic growth of the United States (U.S.) to come to a halt. As a result, many Americans relied on the COVID-19 relief packages the U.S. government provided.
by Matin VarshochiThe holiday season can be an exciting time for many. However, holiday shopping and its associated costs can be stressful. According to a LendingTree survey, almost 50% of American consumers are dreading the holidays, due to their expensive costs.
by Viviana VazquezWith the holiday season approaching, millions of people will be conducting their holiday purchases soon. However, a recent report by Deloitte showcased that 11.5% of consumers will not be partaking in the holiday shopping season due to these reasons.
by Viviana VazquezThe Bureau of Labor Statistics recently reported that the inflation rate for the past year had surpassed six percent. Protect yourself from inflation by investing your money through these methods.
by Viviana VazquezRising prices, known as inflation, typically increase year after year to somewhere around 2%. According to the United States Bureau of Labor Statistics, food prices have increased by 4.6% over the past 12 months.
by Sha'Kreshia TerrellSaving for retirement is essential for living a comfortable life after working for many years. Depending on the line of work, different types of Individual Retirement Accounts (IRAs) are available to help a person maximize their retirement savings.
by Matin VarshochiCollege is considered a valuable tool to those who want to secure a job with a great salary and benefits. However, the cost of college tuition increases about 8 percent every year, which means it doubles every nine years.
by Nailah HerbertMillennials are making six figures in income, but more of them live paycheck-to-paycheck than any other generation.
by Viviana VazquezYou can solve all of those problems by going in the opposite cultural direction and downsizing. Before you balk, have a look at the benefits.
by Gwen PayneEquity allows investors to build long-term wealth by holding a stake (the amount of stock an investor owns) within a company. Being an investor, and particularly an early investor (or stakeholder), comes with risk.
by Sheena AllenCongratulations on your graduation! Whether you’re preparing to go off to college as an undergraduate, graduate school, or starting a career, it is crucial to be mindful of your financial foundation as you begin the next chapter of your life.
by CapWayInflation is when the price for the same amount of goods (i.e., groceries) or services (i.e., getting a haircut) increases. Inflation affects everything involving the economy from food and clothing to employment wages and interest rates.
by CapWayEvery month, a person will have regular income and expenses. Taking proactive steps is key to improving financially means making strides to lower expenses. Implementing money strategies can have beneficial effects in the long run.
by Nailah HerbertWhether you are new to investing or you’ve been investing for a while, it’s always good to research different investment options that can better fit your financial goals. Depending on your financial goals and risk tolerances, investing can be a potential avenue to build wealth because it allows your money to work for you.
by Nailah HerbertSaving and investing are both important when you want to secure your financial future. But you will need to understand when it is best to invest and when it is best to save.
by CapWay