Jonah Elkowitz / Shutterstock.com Trump’s trade war policies are creating ripple effects that could make everyday essentials more expensive. From food and fuel to electronics and home goods, tariffs on imports could drive up costs for American consumers. While these measures aim to boost domestic production, they could also strain household budgets—especially for families already […]
Dilok Klaisataporn / Shutterstock.com Debt can be confusing, especially since there are many different ways to classify it. You’ve likely heard terms like secured vs. unsecured debt and revolving vs. installment loans, but what do they really mean for your finances? Understanding these categories can help you borrow smarter, manage payments more effectively, and avoid […]
Kateryna Onyshchuk / Shutterstock.com In this time of global uncertainty, you can’t hang all your hopes on any one country, any one economy, or any one currency. You need to diversify. I’ve been beating this drum for more than 25 years but never more urgently. Please, I hope you can see that, if everything you […]
F01 PHOTO / Shutterstock.com We live in a world that’s constantly encouraging us to spend. From targeted ads to the convenience of one-click purchases, it’s easy to fall into the trap of mindless spending. (We’ve all been there at some point in time, right?) But what if you could hit the reset button on your […]
Krakenimages.com / Shutterstock.com We all dream of building wealth, saving more, and achieving financial freedom. But let’s be honest — overhauling your budget or making drastic lifestyle changes can feel overwhelming. What if I told you that small, incremental changes could lead to big results over time? Enter the 1% rule, a simple yet powerful […]
Recently, I went off the deep end—living like a degenerate gambler and party animal—and I wanted to reflect on it. Perhaps to nobody’s surprise, I don’t think having extreme amounts of fun is good for your financial future. It’s probably also not good for your health. In our personal finance world bubble, where we go […]
sirtravelalot / Shutterstock.com We hear it all the time. You believe you have adequate savings, but are struggling to shift from a savings mindset to a spending mindset. You’ve worked hard and saved diligently, but now that it might be time to enjoy your money, you find yourself hesitating. The truth is, spending in retirement […]
Jonathan Weiss / Shutterstock.com Imagine it: a thrift store where everything is on sale — a place where even bargain-basement prices aren’t quite low enough. That place exists. It’s called the Goodwill Outlet. Nicknamed “the bins” because a majority of items are simply dumped into giant rolling bins, Goodwill Outlet stores sell used merchandise by […]
Melpomene / Shutterstock.com Building and protecting wealth isn’t just for the ultra-rich—it’s about making smart financial decisions at every stage of life. A solid strategy can help reduce risk, limit tax burdens, and create long-term stability, whether you’re already a high-net-worth investor or working toward financial independence. From optimizing investments to planning for future healthcare […]
Kmpzzz / Shutterstock.com Credit card debt is increasing, and with rising interest rates, managing balances has become more important than ever. As economic conditions shift, many people find it harder to keep up with payments, making it essential to take proactive steps to stay in control. Whether you’re working to pay down existing debt or […]