Credit card debt is a painful reality that more and more American families are living with. According to ValuePenguin, the average credit card debt for American households that carried a balance in 2017 was a massive $16,048. The 2017 American Household Credit Card Debt Study by personal finance website NerdWallet came to a similar conclusion, showing…
Many people are struggling to gain control of their finances. According to a LendingTree report in 2017, four in five Americans are in the red—and a quarter of those in debt do not have a plan to pay it off. By building a budget, you can gain clarity into your financial situation. This is a…
Planning for a family can be an exciting and daunting step, when you think of all the changes having a baby leads to. There’s the rewarding feeling of creating a bond with a tiny little human, even when you’re too tired to see straight. And then there’s the financial drain that comes with an extra…
Born between 1980 and 2000, Millennials are perhaps the most informed of any generation thanks to having grown up surrounded by modern technology—they’re also poised to make up 75% of the workforce by 2025. That said, millennials actually have quite a bit working against them in terms of finding and maintaining stability, from disappearing pensions…
No one plans to have cancer. Aside from the shock and anxiety for the future a diagnosis brings, cancer also presents a financial situation that few people fully consider. Huge medical bills, on top of the typical expenses like college loans, mortgages, and car payments, can leave survivors concerned about their finances. Despite this, there…
Ah, retirement. The word alone brings to mind carefree travel, spending time with loved ones and putting the stress of work aside to learn an endless assortment of new hobbies. In reality, however, retiring comfortably means starting the planning and saving process early, and making the right moves every step of the way. It’s a lifelong…
One reality about adult life is the need to pay bills and calculate taxes. Much of our time goes into figuring out who gets how much and what our bank balance is at the end of the month. The stress of paying different people, different amounts at different times can present a challenge. A gleam…
Buying a home can be one of the most exciting experiences that life has to offer, especially when all the stars seem to align. As consumer confidence continues to build and mortgage rates continue to fall, the housing market is seeing an uptick—especially among millennials. While buying a home can surely be an exciting experience, it…
Everyone looks forward to payday, but for some, the excitement is tied more to being able to make rent than the gratification of a job well done. Living paycheck-to-paycheck is something that most people go through at one point or another (half of Americans find themselves in such a situation), and it can be a…
The key questions to ask your financial advisor may change depending on your life circumstances, but it’s still important to ask them.
