The reality of the situation is most Americans desire to save money. The fact of the matter is there are 2 main reasons why saving sufficiently and successfully doesn’t always occur: 1) The first reason is debt. If you have monthly debts that position you to live paycheck to paycheck without extra reserves to dissolve any unexpected expenses over and above the monthly expenses, then saving becomes a no-go. 2) The second reason is a […]
Saving and planning for retirement is tough enough in general but the deck is stacked against women in four important but not insurmountable ways. In many ways, single women face the same problems as men when they consider how to retire with enough income, with one exception: they worry more. Their worry is not misplaced. For one thing, it is more difficult for a single person to save than it is for a couple. And […]
Women tend to nurture and provide for those they love to the detriment of their needs. They support loved ones -emotionally, spiritually, academically, and physically. When called upon for financial support, they find it hard to say no! Preparing for personal and business savings takes planning and a made-up mindset. Building habits to save takes time and in most cases that doesn’t happen overnight, nonetheless committing to saving is a key component for peace of […]
One goal that we all have in common is to achieve financial freedom. However, statistics show that just a small percentage of people actually achieve that. All of us need enough money, that we never have to worry about money again, but the question is, are you ready to go get it or not? Today, with technology, many people are finding it easier to achieve financial freedom faster than ever before. It takes discipline, committment, […]
We have all have heard of or know too well about interest on a credit card or car loan, which simply is the cost of borrowing money from a bank or lender and is typically expressed as a rate. On the other side of that coin, when financial institutions borrow money from you (savings account), they pay you interest. The majority of these financial institutions typically pay interest on deposit accounts- such as savings accounts, […]
