Financial fitness looks different for everyone because everyone has different life goals they want to achieve. Regardless of your current situation, however, the steps to achieve financial fitness are quite consistent. Applying these steps consistently over the long-term can result in significant life changes. Here are 7 essential steps to achieve financial fitness. Set SMARTContinue reading “Steps To Achieve Financial Fitness”
Tag Archives: Savings Account
The Real Consequences of Bank Failures
On May 1, 2023, the U.S. experienced the second largest bank failure in its history. First Republic was officially closed with the FDIC appointed as Receiver and JPMorgan Chase Bank acquired approximately $229.1B in assets. JPMorgan Chase remains the largest national bank in the US. First Republic Bank is not the first bank to failContinue reading “The Real Consequences of Bank Failures”
What Happens If Your Bank Fails
The U.S. Banking Industry is on high alert right now. After 3 regional bank failures this month investors, regulators and depositors have started to worry if the banking industry can hold up to the pressures it is currently facing. Thanks to the FDIC and the Federal Reserve, small and regional banks are getting help toContinue reading “What Happens If Your Bank Fails”
Savings Account Alternatives For Beginners
Today’s market volatility is the worst that it has been in over 10 years. The average investor needs to be more diligent and discerning when choosing their investments. The S&P500 index fell 19% in 2022. The worst performance recorded since 2008. The NASDAQ experienced an even worse performance with a loss of 33.1%. With lossesContinue reading “Savings Account Alternatives For Beginners”