The Best Apps for Budgeting
Forty-seven percent of Americans have no household savings. In a world where the unexpected emergency can happen at any moment, this is a startling statistic. Whether they don’t have savings because they spend extraneously or they simply don’t have the funds to put away into savings, the fact is that 47% of Americans are at risk […]
What Is a Flexible Spending Account?
Bandages and contact solution are inexpensive medical items you may add to your shopping cart without thinking twice. However, over time these small items add up fast. Ongoing medical expenses and treatments that aren’t covered under regular health insurance can also negatively affect your budget. Even if you’re expecting these expenses, they can still make […]
What Is Risk Tolerance in Investing?
Risk tolerance is the amount of risk you’re willing to encounter when you start investing your money in the stock market or in other investment opportunities. It’s important to test and understand your tolerance for risk in the market so you can feel comfortable with the investment strategies and decisions you make. By understanding your personal tolerance […]
What Are Credit Card Rewards Programs, and How Can You Best Use Them?
If you’re like most American consumers, you receive a barrage of offers from credit card companies in the mail and in your email inbox. Many of these companies extol their rewards programs as a major selling point, but that doesn’t mean their card is necessarily right for you. As a consumer, it’s important to compare […]
Is It Worth It to Get a Credit Card Just for the Rewards?
Whether you are just getting started in the world of balancing your own finances or are a seasoned banking expert, credit cards can be useful financial tools to have in your arsenal. Having a credit card can help you build credit, which is useful when applying for loans or making large purchases on things like cars […]
Tips for Affording a Car on Minimum Wage
Having a car isn’t merely a convenience, but a necessity for many people. However, it comes at a significant expense — in 2019, the average cost of a new car was $37,285 and the average cost of a used car was $20,200. For someone who earns or plans on earning minimum wage, this can create a […]