If you read personal finance blogs, you will notice that there are common themes that run among them. There are those that talk a lot about how to get out of debt. Then there are those who talk about earning more money on the side. Others will give tips on how to be financially successful….
Retirement may seem like a long way off now, but the fact of the matter is that the earlier you start saving and preparing – the better off you are going to be when retirement does come calling. The number of people who get caught out nearing retirement age and realizing that they haven’t got…
The dreaded day when the social security “trust fund” will be depleted is getting closer and closer. Most people know that not all is well with social security, but the don’t know the real numbers. Fact 1: Most forecasters say that by 2033 the social security fund will run out. Fact 2: Once the fund…
Every day humans are faced with hundreds of decisions. Do we get out of bed or press snooze, do we drive to work or take the bus, do we drink coffee or tea? As the day progresses we often find that the responsible part of our brain struggles to overcome the procrastination part. This is…
Unlike a traditional job, many freelance professionals don’t have a solid plan for retirement. In many organizations, the company will automatically deposit funds for you. As a freelancer, this process is laid squarely upon your shoulders. If you are one of these individuals, it’s in your best interest to start thinking about a plan for…
During retirement, the only thing that helps you survive is your retirement funds. However, suddenly finding out that the money that you have accumulated till now is worth much less than what it used to be can easily turn the sanest person mad. This is the impact that inflation has on your savings. Many people…
Saving money is important, we all know that without an emergency fund we could be ruined financially and that putting aside for retirement is a necessity. We also understand that the earlier we start saving, the less we have to set aside and the more we will have when it comes time to retire. But…