What is an Annuity? An annuity is a financial contract between an individual and an insurance company, in which the individual makes a lump sum payment or series of payments to the company, and in return, the company agrees to make regular payments to the individual, typically starting later in their life. There are two […]
The Annuity Insider: Navigating the Complex World of Retirement Income Read More »
What Are Life Insurance Policies? Life insurance policies can help provide financial protection to loved ones in the event of someone’s passing. The benefit can go to one or multiple individuals, depending on the person who was insured and who was listed as the beneficiary. Understanding how these policies work has always confused many people.
Life Insurance 101 Read More »
Investing is one of the most dependable ways to build long-term financial freedom. While it may seem like an intimidating endeavor, learning how to invest doesn’t mean you have to be a financial expert. You can do many simple things to ensure you get started with investing your money properly. Whether you’re already in your
Tips on How To Invest Read More »
Personal Finances Made Easy: A Simple Beginner’s Guide to QuickBooks Everyone knows QuickBooks as a finance application for businesses. But did you know you can also use this program to keep track of your own income, expenses, and other personal finances? Don’t worry if you have little to no knowledge about this application. Our
Beginners Guide to QuickBooks Read More »
There’s no denying that cryptocurrency has grown and gained popularity over the years. Among the different digital currencies that have emerged, Bitcoin (BTC) still holds the top spot as it is considered one of the pioneers of the industry. While Bitcoin has been the talk of the town, there are still a lot of people
Cryptocurrency 101: What Is Bitcoin and How Does It Work? Read More »
3 Practices That Can Help Improve Your Financial Literacy Knowing how to manage your money effectively is a beneficial skill to have. It can enhance your quality of life and, at the same time, help you make sound decisions in various situations. But management can be challenging if you’re unfamiliar with the necessary terms and
Improve Your Financial Literacy Read More »
How a Rise in Interest Affects Consumers and the Market When someone borrows money, there’s a chance that they will not be able to pay it back. To compensate for this risk, lenders charge interest for the loaned money. The interest rate is the amount charged on top of the borrowed money for the use
Two Serious Effects of Rising Interest Rates Read More »
Raising a young family can feel overwhelming with endless short-term responsibilities that may distract a lot of parents from planning for the future. One critical aspect that is often overlooked within working-class households is the importance of estate planning for your family’s financial security. Having this important document gives instructions on how you want your
The Importance of Estate Planning for Families Read More »
It’s never too early to save up for your child’s college education. Even just a couple of bucks can go a long way. That being said, there are other beneficial ways you can save up for your child’s college fund. In matters as important as your child’s education, careful preparation is a must. You also
Ways To Save for Your Child’s College Education Read More »
To put it simply, inflation refers to the general increase in the prices of goods and services entwined with a decrease in the buying power of a certain currency. Individuals will essentially get less for what they have and be forced to “tighten their belts” to keep up with the cost of living. Note that
How Inflation Affects Your Personal Finances Read More »
