Saving for retirement is a cornerstone of planning for your financial future. After all, for most people, there comes a point where they will stop working and will therefore need to depend on money that they have set aside over their lifetime to carry them through their years of retirement. Sure, there are other sources …

People all around the country are struggling with the burden of student debt, and with collective student loan debt at an all-time high, many people are asking themselves: is this really worth it? On one hand, there is value in a college education, especially when it comes to navigating employment prospects. But on the other …

Nowadays, many employers offer employees access to retirement plans. These plans are an important component when it comes to employees planning for their financial futures. The two main types of retirement plans include defined benefit plans and defined contribution plans, with the latter being more popular in recent years. Pensions are the primary defined benefit …

Many people struggle with high debt balances and, as a result, have collections accounts listed on their credit reports. These collections accounts will typically lower your credit score, the magnitude of which depends on many different factors. People often want easy fixes for complex problems, and one solution that some people are tempted to get …

Many people struggle with high debt balances, and this has only been more of a challenge with the COVID-19 pandemic. Individuals and families around the country are drowning in debt and struggling to find a way out. As a result, many are turning to professional agencies with experience in helping people to manage and reduce …

When it comes to borrowing money, having good credit is an absolute must. But many people do not, so they must pursue alternative options when they want to take out a loan. One way to do this to have someone else cosign a loan. While this may seem of little consequence for the individual with …

One of the most hotly contested policy issues in recent years has been around the proposed increase to the federal minimum wage. Currently, the wage is set at $7.25 per hour and has not increased since 2009, but there has been a push to raise this to a $15 federal minimum wage by 2025, with …

The COVID-19 pandemic has had deep financial effects on people worldwide. The COVID-19 Emergency Relief program was designed in part to help relieve at least some of the financial burden on Americans. While many people have probably heard about the stimulus checks or child tax credits associated with the Emergency Relief program, few have heard …

Many people can probably relate to the fact that life can be crazy sometimes. When managing our time at work, our time with family, time with friends, and everything in between, it can feel like the list of things to do and places to go is just completely overwhelming. If you can relate to this, …

Many people these days are looking for ways to earn more money and improve their financial stability. A great way to do this is through passive income, which is steady income that requires minimal day-to-day labor to earn. Oftentimes, it involves upfront investment of time, money and energy, and people can enjoy consistent payoffs down …