The primary concern for many investors is the amount of wealth they can transfer to the next generation. Wealth planning is complicated since the process involves tax planning, investment decisions, and possibly a business succession plan. Use these tips to create an effective strategy to accumulate wealth for your family. Family wealth planning A long-term…
What to Do When You Lose Your Wallet If you’ve never had your wallet lost or stolen, count yourself lucky. Over a five-year period, one out of every ten people will lose their wallet. Replacing debit and credit cards after a wallet is stolen takes an average of 110 hours, equivalent to four-and-a-half days. Meanwhile,…
For many young adults, student loans are a necessary part of getting a good education. But a good education doesn’t always translate to a higher salary. Lots of people have to work with lower-than-desired incomes: like if you’re fresh out of school and still gaining experience, or in an industry like education that doesn’t always…
The question looms every Christmas. You debate whether or not you should buy gifts for your loved ones, or use one of your many talents to create something that they will enjoy. If you are reading this article, you obviously come from a frugal mindset. It is tempting to handcraft a gift for someone in…
It’s that time of year again! Holiday shopping makes it tempting to spend money, and even if you stick to a budget, it can feel like a stretch. So, if you need some ideas on how to make shopping less of a burden for your wallet, you’re in the right place! Christmas on a budget…
It’s easier than you think to miss a student loan payment. If you’re trying to juggle your career, your life, and other responsibilities, your student loan due date may come and go. However, missing even one payment can have negative effects. If you realize you’ve missed a student loan payment, here’s what you need to…
You may get pulled in several directions when you start considering student loan refinancing options. Many people who give advice are well-intentioned, but others can be misinformed. Following advice blindly may cost you a pretty penny over the life of your loans. Refinancing can benefit you by reducing your monthly payment, lowering your interest rate,…