Category Archives: Finance

Buying A House? 11 Tips on How to Save for a Downpayment

Buying A House? 11 Tips on How to Save for a Downpayment

Owning a home is a milestone in a person’s life. However, it has not always been easy to accomplish. By learning some of the basics of homeownership and how to save for a downpayment, you will be able to make…

5 Easy Financial New Year’s Resolutions for 2021

5 Easy Financial New Year’s Resolutions for 2021

A new year is a natural time for a fresh start and a new resolve, so there’s no better time to consider new ways to approach your finances in 2021—especially in light of the unusual circumstances that 2020 wrought on our…

The Effect of Debt on the Global Economy

The Effect of Debt on the Global Economy

The national debt is a measurement of how much the federal government owes creditors, most commonly depicted as a percentage of gross domestic product (GDP). A high debt-to-GDP ratio is considered viable when the economy is expanding, because that growth…

Let’s Talk About … the 401(k)

Let’s Talk About … the 401(k)

The 401(k) originally began as a company profit-sharing plan. Companies had been funding defined benefit pensions for years, but as their annual profits and stock prices experienced volatility, they looked for ways to share that burden with employees. Through profit…

America’s Need for Better “Infloodstructure”

America’s Need for Better “Infloodstructure”

In February, Spirit Airlines decided to transfer a portion of its operations from Miramar, Florida, to Nashville, Tennessee. The key driver of this decision was recurring hurricane and tropical storm risk. This means a loss of 240 jobs for the…

How to Save During the Pandemic

How to Save During the Pandemic

While the pandemic has created many economic hardships, one silver lining has been a significant increase in personal savings. According to data from the US Department of Commerce, personal savings totaled almost $4.7 trillion in the second quarter of 2020,…

Why You Need A Financial Plan Now

Why You Need A Financial Plan Now

While the world may feel chaotic as the coronavirus pandemic continues to disrupt daily life, there’s no better time to get a hold on your finances. The future may seem uncertain, but having a strategy for managing your finances will…

How to Take the Fear out of Financial Planning

How to Take the Fear out of Financial Planning

Sometimes, we decide we’d rather not know the details of our finances. Maybe we’re worried that an in-depth look at our money would reveal spending habits we’d prefer not to acknowledge, or perhaps “ignorance is bliss” and we don’t want…

Spotlight – Managing Your 529 College Savings Plan Amid the Pandemic

Spotlight – Managing Your 529 College Savings Plan Amid the Pandemic

Due to the pandemic, colleges across the United States are starting to rethink their approach to how to provide an education. In response, many families are wondering whether paying for a college education is worthwhile right now. Recent statistics bear…

7 Tips for Shoring Up Your Retirement Savings

7 Tips for Shoring Up Your Retirement Savings

If your target retirement age is less than 10 years away, it may be tempting to glide into your post-work life and hope for the best. However, without proper retirement planning, you may find yourself making a bumpy landing. Here…

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