Before you hire a financial professional, it’s important to consider their qualifications to ensure they have the right education and experience for your individual circumstances. Unlike the medical and legal professions that require years of study and advanced degrees among … Read More
We need to financially protect ourselves from events that happen out of our control. You can’t predict everything, but you can shield your income, property, and possessions from the possibility of financial losses resulting in disabilities, injuries, and liabilities. Unforeseen … Read More
Owning versus renting your home is a longstanding and often passionate debate. The reasons for owning or renting differ according to financial calculations and your personal preferences. Factors To Consider If you seek to own a home, do you prefer … Read More
“There are no solutions; there are only trade-offs.” Thomas Sowell There are tradeoffs in most aspects of our lives. We have a plethora of choices and cannot do everything we want to do. For every choice we make, opportunity costs … Read More
The coronavirus has weakened our financial markets and our economy as social distancing has slowed economic activity. With high unemployment and tweaked growth, we have been in a recession. Many people are hurting. Unfortunately, there are many who like to … Read More
This time of year is always a good time and place to see where you stand regarding your financial goals. Build and strengthen financial habits to achieve financial success. Use these personal finance tips as a checklist to become more … Read More
Ever want to know financial terms, but you were afraid to ask? During the pandemic, a lot of words are cropping up that may be hard to understand. In middle school, I was challenged by vocabulary, as my scores showed. … Read More
Protection against loss is critical for everything you do, including running your own business or earning money from a side hustle. The primary tool for mitigating business risks, such as those described by Your Money Geek, is property and casualty … Read More
I grew up in a racially diverse Bronx neighborhood. It wasn’t until I worked on Wall Street as a financial professional that I encountered people with homogenous backgrounds. Specifically, my colleagues were mostly white people who appeared to be far … Read More
It has been hard to be optimistic as the coronavirus outbreak has devastated many families. We have been forced to change our ways of living in a hurry. Job losses are high and haven’t finished climbing. Small businesses are struggling … Read More
As unemployment claims filed since mid-March totalled a staggering 30.3 million people, stocks racked up their best performance up nearly 13% in April since 1987. How can this be? 4 Reasons: 1. There is an inverse or opposite relationship between … Read More