The reputation portrayed by the media of Millennials is that we are not necessarily the most financial savvy generation. Whether it’s $8 Starbucks lattes or $20 avocado and toast, certain spending habits of ours leave older generations rolling their eyes at times. Because Millennials and Generation Z are known for emphasizing experiences over physical goods, …
Should you buy a home in your 20s or would renting be a better choice? Our 20s represent an extremely exciting and often volatile times in our lives. Somewhere between adulthood and still living a somewhat carefree lifestyle, many young adults in their 20s are still establishing themselves in their career and family. Often, in …
Buying a Home in Your 20s: 5 Reasons For and Against Purchasing a Home Read More »
Setting an investing plan and strategy in your 20s can be one of the most lucrative financial decisions you will ever make. If you take the simple steps to become an investor and begin contributing to retirement and brokerage accounts early on, you can generate incredible wealth because of the amount of time your portfolio …
When I was younger, I remember discussing with my parents how much money I thought I would need to earn to be financially stable. I thought that if I could just make $50,000, I would be able to live extremely comfortably with little financial worry. However, little did I know that after graduation, a stint …
For many new investors, the hardest part is simply getting started. However, after you conquer your fears by doing your own research and taking the plunge to being your investing journey, you will find the amazing financial freedom that comes from having your money work for you. Virtually every experienced investor remembers the moment they …
Often, novice and experienced investors alike spend countless hours mulling over their portfolio. After all, keeping track of your budget, mutual funds, individual stocks, and overall portfolio can be taxing. While monitoring your portfolio certainly takes effort, developers and news organizations have created countless tools and resources to aid you on your investment journey. This …
The Best Personal Finance and Investing Resources for 2023 Read More »
We have all at one point made it to the end of the month and wondered where our paycheck has gone. Even if you consider yourself a frugal person, chances are you do not have a complete picture of where all of your hard-earned money is going. Whether you spend a fortunate at restaurants or …
Hands down, the best barometer of your current financial health is to determine and monitor your net worth on a monthly basis. Your net worth is defined as the difference of everything you own or your total assets and everything you owe or your liabilities. In business, this is called equity which represents your true …
7 Invaluable Ways to Increase Your Net Worth in 2023 Read More »
