Why Insurance Should Be a Part of Your Financial Planning

Proper financial planning is important to prepare your finances for retirement or to help you reach larger financial goals. While many people understand the importance of a strong investment or savings strategy as part of that plan, others forget how important insurance can be. Without the proper insurance coverage, you could be putting your wealth […]

Rainy-Day Fund vs. Emergency Fund

Both a rainy-day fund and an emergency fund can be great ways to prepare financially for unexpected future events. With the majority of Americans living paycheck to paycheck, it's important to be able to have money for things like losing your job or paying to fix your air conditioning when it breaks. While both a [...]

5 Reasons Your Teen Should Get a Summer Job

Many parents wonder when the right time is to help their teens get a job. During the school year, it can be a tricky balance between focusing on their studies while trying to learn about all of the great things that come with being in the workforce. Some parents rationalize that their kids will have […]

How to Prepare Financially for a Baby

One of the most significant changes in anyone’s life is when they welcome a new baby into their home and family. While it can be one of the most rewarding things anyone does, it’s also one of the most expensive. That’s why it’s important to prepare financially for your baby before delivery day.  There are […]

Why Financial Literacy is Important for Everyone

Financial literacy is a term that refers to an individual’s understanding of financial concepts and their ability to make sound financial decisions. Financial literacy is incredibly important for everyone, not just those in charge of managing the family finances. The more you know about money, the better your chances are at financial security, both now […]

Planning a Wedding on a Budget

Everyone imagines what their dream wedding would look like, from the food to the décor and everything in between. Many don’t realize until they get to the planning stage that it is the biggest party they’ve ever planned, and it can get expensive quickly. According to Business Insider, the average wedding cost $29,000 before the pandemic. It’s […]

5 Tips to Recover From a Holiday Spending Hangover

Since 2009, American consumer spending on holiday gifts and expenses has increased annually. In the early fall of 2021, despite fears of higher prices, empty shelves, and a continuing pandemic, Americans told researchers at the National Federation of Retailers that they planned to spend about $1,000 on gifts, food, and decorations over the holiday season, or […]

How to Save for the Holidays

The Holiday Industrial Shopping Complex Annual surveys of more than 1,000-holiday shoppers regularly show that, on average, holiday purchases add as much as $1,381 in debt to individual credit cards in the three months leading up to the arrival of the holiday. This is a sum that most people say they can’t possibly pay down […]

Cyber Scams 101

What is a cyber scam? The FBI’s Internet Crime Complaint Center, or IC3, is the US government’s central public repository for all forms of internet fraud and published their 2020 annual report showing that cyber scams grew in size and scope while citizens were battling the pandemic. IC3 fielded nearly 800,000 complaints in 2020 and said Americans […]

The Health Savings Account

Most Americans who go broke annually do so because of medical debt, leading 530,000 families to file for bankruptcy every year. One reason for this is because health care in America can be extremely expensive, and health insurance coverage, even when offered through employment, is often woefully inadequate. Another reason is that Americans don’t often […]