Here’s Why I’m Buying I Bonds

There’s a wealth of investment products on the market for people to invest in. Regardless of your preference, education, or financial limitations there’s something out there for everyone who is willing to pay. The best advantage of the open market is how accessible most assets are and the wealth of information available to investors. So,Continue reading “Here’s Why I’m Buying I Bonds”

How The Federal Reserve Affects Your Finances

In this time of economic uncertainty and rumors of a looming recession, everyone should be paying attention to what the U.S. government is doing. Any and every action taken by this group directly and indirectly affects the wealth of its citizens. Something you should be concerned about. I am not referring to a potential increaseContinue reading “How The Federal Reserve Affects Your Finances”

3 Things You Should Know About Inflation

Have you noticed your grocery bill is higher? Your rent is now exceptionally high? Gas price is making you rethink your need for a car? This is because of inflation.  March 2022 inflation rate increased 8.5% following a rise of 7.9% from February. Everything is more expensive. Some more than others. In order to achieveContinue reading “3 Things You Should Know About Inflation”

Things To Know Before Getting Your First Credit Card

The American economy is fueled by credit and those who have mastered managing their credit are better off than those who do not. One of the simplest forms of credit for the average person to manage is credit cards. This type of credit is relatively easy to get even if the user has a historyContinue reading “Things To Know Before Getting Your First Credit Card”

6 Common Investment Mistakes To Avoid

Now more than any other time in history, there is a plethora of mediums that allow retail investors easy and free access to the market. Because investing is now so easy, many overestimate their ability to be good investors. This results in beginner investors making mistakes and losing money in many cases that could haveContinue reading “6 Common Investment Mistakes To Avoid”

Are Credit Cards Bad?

As our society becomes more digitized, it is no surprise that most people do not carry a lot of cash on their person anymore. Now most shopping transactions are done using plastic cards with credit cards being the most used point of sale method. According to the Federal Reserve, 79% of Americans have at leastContinue reading “Are Credit Cards Bad?”

What You Need To Know About Taxes

If you’ve every filed your taxes in the U.S. then you know how complicated the U.S. tax system is. With this in mind it’s no surprise that many people find doing their taxes frustrating and most not understanding how their taxes are even calculated. These days, there are many softwares such as EZTax and TurboTaxContinue reading “What You Need To Know About Taxes”

Things To Consider Before Taking On Debt

In a world with subzero interest rates, it is easier and cheaper than ever to take on excessive debt. With the U.S. consumer debt standing at ~ $15 trillion in 2021, the current data shows that this number will continue to trend upwards. As one of the most in debt age groups, millennials must beContinue reading “Things To Consider Before Taking On Debt”

Tax Credits To Take Advantage Of Now

It’s that dreaded time of year when we have to negotiate our taxes with Uncle Sam. I’ve yet to meet a person who likes filing their taxes, yet it is something millions of people must complete by April 15th each year. While it’s not a fun task, there are many opportunities to lower your taxContinue reading “Tax Credits To Take Advantage Of Now”