Suppose you’re switching jobs if you were furloughed because of the pandemic or you’re simply searching for greener pastures. If you have a 401(k) from your soon-to-be former employer, you must decide what to do with your retirement account when you leave. Here are your four options: Leave the money in your previous employer’s pension […]
The Personal Financial Satisfaction Index (PFSi)
How happy are you with your financial situation right now? In other words, do you feel personal financial pleasure or pain when it comes to your financial standing? That is what the Personal Financial Satisfaction Index strives to measure for the typical American. The PFSi is a quarterly economic indicator created by the American Institute […]
Credit card debt may be hazardous to your financial health
Have you been offered a credit card lately? The industry sends out billions of credit card offers each year, and the average household has several thousand dollars in credit card debt. Credit card companies make it very easy and very tempting to say “charge it.” Unfortunately, like so many tempting things, credit card debt can […]
Saving Too Much Can Sometimes Be Expensive
When it comes to money topics, you’re always hearing how to save more. But even with the best of intentions, you can run into trouble when you try to save too much. Here are four ways that savings can get in your way and how you can correct them. Savings that turns into spending. Buying […]
Wardrobe Shopping Doesn’t Have to Break the Bank
Shopping can be fun and addicting but can also drain your wallet. So how do you maintain a respectable wardrobe in a cost-effective way? Here are three tips to help you find that perfect pair of jeans or classy wedges to add to your closet without breaking the bank. Shop second-hand. Admit it. Most shoppers prefer […]