Seniors with equity in their homes who intend to stay there and want to supplement their income are turning to reverse mortgages. They are gaining popularity when prices of groceries, gas, and other goods rise due to inflation. According to … Read More
According to a TIAA-Massachusetts Age Lab survey, 84% of borrowers say student loans negatively impact their ability to save for retirement. The longstanding challenge is whether Americans with academic debt should pay off their loans or begin retirement savings. That … Read More
Do you have flexibility and interest in making more money on the weekends? With an open mind, motivation, and grit, find weekend side jobs to put extra money in your pocket to benefit your budget. Many of these jobs are … Read More
We all have a tendency to tell ourselves little lies about money, whether it’s to justify our spending habits, avoid facing financial realities, or feel better about our financial decisions. These financial lies can hinder our ability to manage money … Read More
Retirement is a major milestone that many people look forward to, but it also comes with its own set of financial worries. For retirees, the transition from a steady paycheck to relying on savings and fixed incomes can be daunting. … Read More
Over the past few years, we researched and visited many college towns as our kids made college choices. College towns are an essential criterion when choosing the college you wish to attend for years of education. The best college towns … Read More
Do you have a hobby? Hobbies are activities we enjoy doing when we have spare time. These activities help us develop skills and talent, make friends with similar interests, reduce stress, and provide an extra stream of income. Serious hobbyists … Read More
Managing finances on a retirement budget requires careful planning and smart spending. With a fixed income, retirees need to make every dollar count and avoid unnecessary expenses that can strain their finances. Understanding which purchases to avoid can help retirees … Read More
In today’s world, stretching your dollar further is essential for your budget. While there are countless legal and straightforward methods to save money, some tactics exist in a gray area—they’re not strictly illegal but raise some ethical eyebrows. 1. Buying … Read More
Earning extra cash is always a welcome opportunity, and one practical way to do so is by offering repair services. With a variety of repair skills in high demand, from fixing electronics to mending clothes, you can turn your knack … Read More
Glad you asked that question. Talking about averages is always tricky when you are talking about lumpy numbers. The average stock market return is the percentage change in the stock market value over one year or a period of years. … Read More