In the U.S., nearly 2,400 divorces happen on a daily basis, which translates to one every 36 seconds. No matter the circumstances, dissolving a marriage can be emotionally devastating. But it can also take a serious toll on your finances — particularly if you’re a senior. So-called “gray divorce” is on the rise, which could be […]
If you’re a hard-working professional, receiving a bonus is the ultimate form of recognition. Everyone loves a little bit of extra cash, but figuring out what to do with your windfall isn’t always easy. Many people are tempted to blow their work bonuses by making a purchase they would usually skip. However, if you want […]
Inflation means that your money loses money over time. It also means that you need to aggressively seek out the best yields, while being aware of the psychological impact inflation has on your decision making. A brief discussion of the impact of inflation on bonds and the importance of taxes is also included.
With so many savings accounts available it’s often difficult to know which one to choose to get the best return on your investment. And as they all offer varying degrees of flexibility, as well as varying degrees of interest, it’s important to know what to look out for when choosing where to invest your money. […]