You might have heard about the 30% rent budget rule that guides the maximum amount you should allocate for that purpose. 70% of your income should be kept available for other expenses, including saving for retirement. Whether you are currently living in a rental or are hoping to find an affordable place, one thing is …
The 30% Rent Budget Rule: How to Stay in a Place You Love For Less Read More
Don’t fall into the temptation of not investing during inflation. Inflation is a term that describes an increase in the general level of prices that occurs over time. The Consumer Price Index (CPI) measures changes in prices and provides indications of how inflation affects consumer spending habits. Inflation has been under 2% for most of …
High Inflation: 5 Investing Opportunities You Should Not Miss Out Read More
Nowadays, it is very common for someone to trade-in their car when they are already paying off the loan. However, when deciding when to do this, there are some important things you need to know. You need to ensure that the value of the car is very close to the market price. Before making any …
What is Project management? Project management breakers can jeopardize your investment plan and lead to huge losses. Project management is the sum of all actions and processes used by managers in leading teams towards the successful delivery of a project. This is perhaps one of the most important activities in any project. Almost every person …
Travel Insurance policy covers you for perils during vacation. It will cover any expenses related to the trip that come up, such as medical care or losses due to theft or damage. There are four main types of travel insurance: cancellation coverage, emergency evacuation and repatriation, lost baggage protection, and medical expense coverage. This article …
It’s never too early to start planning for retirement. Even if you don’t plan to have a traditional retirement, it’s a good idea to consider how you’ll manage income as you age. You will be facing new challenges (financial and non-financial) that increase in complexity as you age. As you put together your own Social …
Social Security:7 Things You Should Do Before Claiming Read More
Sacrifices that supper savers make propel them to ever-higher levels of financial success. Many people do not save at all. Most of those that save, do so incorrectly. Eventually, they despair and end up not achieving the immense benefits that strategic savers get. Most of us occasionally or even frequently dream of getting rich. But …
4 Sacrifices Super Savers Make on the Road to Getting Rich Read More
[ad_1] wavebreakmedia / Shutterstock.com How safe will retirement savings be in the future. Your savings are supposed to take care of you when you need to pay for something within the budget or in an emergency. After a nearly two-year explosive run-up in stock prices, many investors wonder whether the rally can continue. But other …
This Is the Biggest Threat to Retirement Plans today Read More
insta_photos / Shutterstock.com When retirees blow savings, the damage is huge because their incomes are limited. Retirees usually have a limited amount of money to spend during their golden years. Unfortunately, some people make costly mistakes that can deplete their nest egg prematurely. From giving away cash indiscriminately to refusing to embrace lifestyle changes, here …
[ad_1] As a homeowner with a mortgage, the holy grail is having a mortgage rate below the 10-year bond yield. When you have this situation, it’s like living for free and you should not pay down extra principal. If you had the money, you could invest an amount equal to your mortgage into a 10-year …
Unfavorable Actual Mortgage Charges Means Do not Pay Down Further Principal Read More
[ad_1] The new COVID variant, Omicron (B.1.529) was first detected in South Africa in November 2021. Omicron is quickly becoming the dominant COVID variant. i Preliminary reports are showing Omicron is less potent, which is leading to less hospitalizations per infected cases. Reported symptoms seem to be more mild as the variant doesn’t seem to …
The New COVID Variant Investment Thesis For Stocks And Real Estate Read More
[ad_1] The next is a partnership with SELCO Neighborhood Credit score Union. All opinions are 100% my very own. Consider it or not, getting ready to your future and taking advantage of your current life are suitable pursuits. Actually. For those who’re skeptical, I get it. I used to be proper there with you as …
Planning for the Future Whereas Nonetheless Having fun with the “Now” Read More
